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Consolidated Statements of Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenue $ 471,315 $ 213,665 $ 739,634 $ 404,660
Cost of revenue 345,179 167,626 571,140 345,742
Gross profit 126,136 46,039 168,494 58,918
Operating expenses        
Technology and development 41,488 17,961 69,166 38,235
Marketing 55,398 9,482 67,200 35,190
General and administrative 59,567 23,022 96,957 47,349
Total operating expenses 156,453 50,465 233,323 120,774
Loss from operations (30,317) (4,426) (64,829) (61,856)
Investment Income, Interest 135 437 293 1,540
Interest expense (2,813) (2,665) (4,151) (5,109)
Income tax benefit 5,052 0 5,052 0
Other income (expense), net 65 43 (27) (1,303)
Net loss (27,878) (6,611) (63,662) (66,728)
Dividends on convertible preferred stock (1,878) (1,284) (4,214) (1,284)
Net loss attributable to common stock - basic (29,756) (7,895) (67,876) (68,012)
Net loss attributable to common stock - diluted $ (29,756) $ (7,895) $ (67,876) $ (68,012)
Net loss per share attributable to common stock - basic (in dollars per share) $ (0.29) $ (0.08) $ (0.65) $ (0.71)
Net loss per share attributable to common stock - diluted (in dollars per share) $ (0.29) $ (0.08) $ (0.65) $ (0.71)
Weighted average shares - basic (in shares) 104,391,337 98,785,318 103,912,212 96,114,012
Weighted averages shares - diluted (in shares) 104,391,337 98,785,318 103,912,212 96,114,012
Net loss $ (27,878) $ (6,611) $ (63,662) $ (66,728)
Other comprehensive income (loss)        
Foreign currency translation adjustments 0 3 0 (22)
Unrealized gain (loss) on available-for-sale debt securities 84 (137) 134 421
Comprehensive loss (27,794) (6,745) (63,528) (66,329)
Service        
Revenue 298,870 141,135 474,463 252,613
Cost of revenue 177,762 93,891 312,613 192,259
Product        
Revenue 172,445 72,530 265,171 152,047
Cost of revenue $ 167,417 $ 73,735 $ 258,527 $ 153,483