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Consolidated Statements of Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenue $ 325,661 $ 597,346
Cost of revenue 269,454 524,808
Gross profit 56,207 72,538
Operating expenses    
Technology and development 48,192 49,640
Marketing 40,908 43,342
General and administrative 69,962 58,966
Restructuring and reorganization 1,053 5,710
Total operating expenses 160,115 157,658
Loss from operations (103,908) (85,120)
Interest income 3,406 220
Interest expense (1,922) (3,861)
Income tax expense (410) (134)
Gain on extinguishment of convertible senior notes 42,270 0
Other expense, net (234) (1,911)
Net loss (60,798) (90,806)
Dividends on convertible preferred stock (226) (793)
Net loss attributable to common stock - basic (61,024) (91,599)
Net loss attributable to common stock - diluted $ (61,024) $ (91,599)
Net loss per share attributable to common stock - diluted (in dollars per share) $ (0.55) $ (0.86)
Net loss per share attributable to common stock - basic (in dollars per share) $ (0.55) $ (0.86)
Weighted averages shares - diluted (in shares) 110,103,598 106,664,140
Weighted average shares - basic (in shares) 110,103,598 106,664,140
Other comprehensive (loss) income    
Foreign currency translation adjustments $ 58 $ 4
Unrealized (loss) gain on available-for-sale debt securities (424) 561
Comprehensive loss (61,164) (90,241)
Service    
Revenue 212,934 217,593
Cost of revenue 154,796 165,809
Product    
Revenue 112,727 379,753
Cost of revenue $ 114,658 $ 358,999