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Consolidated Statements of Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue $ 600,517 $ 540,074 $ 1,804,778 $ 1,279,708
Cost of revenue 542,440 412,772 1,556,161 983,912
Gross profit 58,077 127,302 248,617 295,796
Operating expenses        
Technology and development 48,063 43,658 149,209 112,824
Marketing 33,748 49,143 133,832 116,343
General and administrative 61,005 54,395 191,704 151,352
Restructuring and reorganization 284 0 18,670 0
Total operating expenses 143,100 147,196 493,415 380,519
Loss from operations (85,023) (19,894) (244,798) (84,723)
Interest income 1,174 178 1,948 472
Interest expense (5,359) (3,672) (12,841) (7,822)
Income tax (expense) benefit (132) 311 (425) 5,363
Other (expense) income, net (905) 4,128 (3,081) 4,099
Net loss (90,245) (18,949) (259,197) (82,611)
Non-cash dividends on convertible preferred stock (272) (1,662) (1,416) (5,875)
Net loss attributable to common stock - basic (90,517) (20,611) (260,613) (88,486)
Net loss attributable to common stock - diluted $ (90,517) $ (20,611) $ (260,613) $ (88,486)
Net loss per share attributable to common stock - diluted (in dollars per share) $ (0.83) $ (0.20) $ (2.42) $ (0.85)
Net loss per share attributable to common stock - basic (in dollars per share) $ (0.83) $ (0.20) $ (2.42) $ (0.85)
Weighted averages shares - diluted (in shares) 108,618,491 105,144,872 107,566,894 104,327,614
Weighted average shares - basic (in shares) 108,618,491 105,144,872 107,566,894 104,327,614
Other comprehensive income        
Foreign currency translation adjustments $ 27 $ 3 $ 65 $ 3
Unrealized gain on available-for-sale debt securities 34 27 812 161
Comprehensive loss (90,184) (18,919) (258,320) (82,447)
Service        
Revenue 300,854 301,657 862,756 776,120
Cost of revenue 210,189 174,267 608,884 486,880
Product        
Revenue 299,663 238,417 942,022 503,588
Cost of revenue $ 332,251 $ 238,505 $ 947,277 $ 497,032