XML 322 R4.htm IDEA: XBRL DOCUMENT v3.23.3
Consolidated Statements of Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Revenue $ 268,956 $ 305,774 $ 758,595 $ 877,639
Cost of revenue 170,616 215,109 501,927 624,089
Gross profit 98,340 90,665 256,668 253,550
Operating expenses        
Technology and development 44,392 43,335 139,196 135,678
Marketing 24,095 33,242 97,531 131,352
General and administrative 55,380 57,976 186,584 182,640
Restructuring and reorganization 0 284 7,159 18,399
Total operating expenses 123,867 134,837 430,470 468,069
Loss from continuing operations (25,527) (44,172) (173,802) (214,519)
Interest income 2,060 1,174 8,170 1,948
Interest expense (1,603) (2,219) (5,291) (6,648)
Income tax expense (239) (132) (882) (425)
Gain on extinguishment of convertible senior notes 6,495 0 68,848 0
Other expense, net (158) (902) (537) (3,077)
Net loss from continuing operations (18,972) (46,251) (103,494) (222,721)
Net loss from discontinued operations 0 (43,994) (3,634) (36,476)
Net loss (18,972) (90,245) (107,128) (259,197)
Dividends on convertible preferred stock (335) (272) (858) (1,416)
Net loss from continuing operations attributable to common stock—basic and diluted $ (19,307) $ (46,523) $ (104,352) $ (224,137)
Net loss per share attributable to common stock - basic (in dollars per share) $ (0.17) $ (0.43) $ (0.93) $ (2.08)
Income (Loss) from Continuing Operations, Per Diluted Share $ (0.17) $ (0.43)    
Net loss attributable to common stock - basic $ (19,307) $ (90,517) $ (107,986) $ (260,613)
Net loss per share attributable to common stock - basic (in dollars per share) $ (0.17) $ (0.83) $ (0.96) $ (2.42)
Weighted average shares - basic (in shares) 114,592,679 108,618,491 112,141,342 107,566,894
Weighted-average shares to compute net loss per share attributable to common stock—basic and diluted 114,592,679 108,618,491    
Net loss per share attributable to common stock - diluted (in dollars per share) $ (0.17) $ (0.83) $ (0.96) $ (2.42)
Other comprehensive income        
Foreign currency translation adjustments $ (15) $ 27 $ (73) $ 65
Unrealized gain on available-for-sale debt securities 210 34 617 812
Comprehensive loss $ (18,777) $ (90,184) $ (106,584) $ (258,320)