XML 26 R4.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Revenue $ 918,953 $ 713,225 $ 2,613,796 $ 2,049,335
Cost and expenses:        
Cost of revenue [1] 204,998 163,581 582,421 477,451
Developer exchange fees 231,536 170,719 642,211 519,002
Infrastructure and trust & safety 244,598 218,968 692,596 655,051
Research and development 365,424 321,613 1,089,173 912,469
General and administrative 98,733 97,508 302,184 291,279
Sales and marketing 52,592 40,874 124,416 97,957
Total cost and expenses 1,197,881 1,013,263 3,433,001 2,953,209
Loss from operations (278,928) (300,038) (819,205) (903,874)
Interest income 46,718 36,442 133,271 102,288
Interest expense (10,286) (10,268) (30,853) (30,409)
Other income/(expense), net 2,352 (4,262) (1,309) (1,425)
Loss before income taxes (240,144) (278,126) (718,096) (833,420)
Provision for/(benefit from) income taxes 303 682 1,466 177
Consolidated net loss (240,447) (278,808) (719,562) (833,597)
Net loss attributable to noncontrolling interest (1,123) (1,650) (3,751) (5,349)
Net loss attributable to common stockholders $ (239,324) $ (277,158) $ (715,811) $ (828,248)
Net loss per share attributable to common stockholders, basic (in dollars per share) $ (0.37) $ (0.45) $ (1.11) $ (1.35)
Net loss per share attributable to common stockholders, diluted (in dollars per share) $ (0.37) $ (0.45) $ (1.11) $ (1.35)
Weighted-average shares used in computing net loss per share attributable to common stockholders—basic (in shares) 650,961 619,350 642,977 612,938
Weighted-average shares used in computing net loss per share attributable to common stockholders—diluted (in shares) 650,961 619,350 642,977 612,938
[1] Depreciation of servers and infrastructure equipment included in infrastructure and trust & safety.