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Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenue $ 197,780 $ 142,642 $ 307,922 $ 222,536
Cost of revenue 149,434 97,429 256,821 171,626
Gross profit 48,346 45,213 51,101 50,910
Operating expenses        
Technology and development 16,063 13,033 31,620 25,796
Marketing 27,050 14,435 60,250 27,770
General and administrative 17,654 15,288 39,102 32,062
Total operating expenses 60,767 42,756 130,972 85,628
Income (loss) from operations (12,421) 2,457 (79,871) (34,718)
Interest income 1,913 729 4,229 1,307
Interest expense (2,153) 0 (4,290) 0
Other income, net 36 21 128 179
Net income (loss) $ (12,625) $ 3,207 $ (79,804) $ (33,232)
Net income (loss) per share - basic (in dollars per share) $ (0.14) $ 0.04 $ (0.88) $ (0.40)
Net income (loss) per share - diluted (in dollars per share) $ (0.14) $ 0.04 $ (0.88) $ (0.40)
Weighted average shares - basic (in shares) 91,216,886 83,164,670 90,915,334 82,590,979
Weighted average shares - diluted (in shares) 91,216,886 90,743,178 90,915,334 82,590,979
Foreign currency translation adjustments $ 37 $ 0 $ 38 $ 0
Unrealized gain on available-for-sale securities 6 0 6 0
Total comprehensive loss (12,582) 3,207 (79,760) (33,232)
Service        
Revenue 157,872 133,656 246,641 210,498
Cost of revenue 108,528 88,341 192,923 159,196
Product        
Revenue 39,908 8,986 61,281 12,038
Cost of revenue $ 40,906 $ 9,088 $ 63,898 $ 12,430