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Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenue $ 238,683 $ 140,255 $ 546,605 $ 362,791
Cost of revenue 185,306 97,950 442,127 269,576
Gross profit 53,377 42,305 104,478 93,215
Operating expenses        
Technology and development 18,801 14,310 50,421 40,105
Marketing 8,361 8,236 68,611 36,006
General and administrative 18,779 16,470 57,881 48,532
Total operating expenses 45,941 39,016 176,913 124,643
Income (loss) from operations 7,436 3,289 (72,435) (31,428)
Interest income 1,576 1,775 5,804 3,082
Interest expense (2,274) (1,610) (6,564) (1,610)
Other income, net 44 21 172 200
Net income (loss) $ 6,782 $ 3,475 $ (73,023) $ (29,756)
Net income (loss) per share - basic (in dollars per share) $ 0.07 $ 0.04 $ (0.80) $ (0.35)
Net income (loss) per share - diluted (in dollars per share) $ 0.07 $ 0.04 $ (0.80) $ (0.35)
Weighted average shares - basic (in shares) 91,994,731 87,743,223 91,279,086 84,327,266
Weighted average shares - diluted (in shares) 97,171,270 94,642,463 91,279,086 84,327,266
Foreign currency translation adjustments $ (10) $ 0 $ 28 $ 0
Unrealized loss on available-for-sale securities (8) 0 (2) 0
Total comprehensive loss 6,764 3,475 (72,997) (29,756)
Service        
Revenue 158,519 128,905 405,160 339,403
Cost of revenue 104,397 86,294 297,320 245,490
Product        
Revenue 80,164 11,350 141,445 23,388
Cost of revenue $ 80,909 $ 11,656 $ 144,807 $ 24,086