XML 17 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Net Revenue:        
Total net revenue $ 451,663 $ 260,928 $ 1,128,502 $ 717,691
Cost of Revenue:        
Total cost of revenue 236,839 142,451 625,741 384,114
Gross Profit:        
Total gross profit 214,824 118,477 502,761 333,577
Operating Expenses:        
Research and development 88,388 68,487 261,053 186,219
Sales and marketing 70,956 46,666 203,368 117,041
General and administrative 43,510 29,873 123,744 77,992
Total operating expenses 202,854 145,026 588,165 381,252
Income (Loss) from Operations 11,970 (26,549) (85,404) (47,675)
Other Income, Net:        
Interest expense (773) (767) (2,670) (1,436)
Other income, net 1,202 2,065 3,020 4,272
Total other income (expense), net 429 1,298 350 2,836
Income (Loss) Before Income Taxes 12,399 (25,251) (85,054) (44,839)
Income tax (benefit) expense (548) (96) (241) (619)
Net Income (Loss) $ 12,947 $ (25,155) $ (84,813) $ (44,220)
Net income (loss) per share —basic $ 0.10 $ (0.22) $ (0.69) $ (0.39)
Net income (loss) per share —diluted $ 0.09 $ (0.22) $ (0.69) $ (0.39)
Weighted-average shares used in computing net income (loss) per share —basic 125,687 116,681 122,837 114,064
Weighted-average shares used in computing net income (loss) per share —diluted 136,669 116,681 122,837 114,064
Platform | Services        
Net Revenue:        
Total net revenue $ 319,231 $ 179,322 $ 796,565 $ 481,157
Cost of Revenue:        
Total cost of revenue 124,568 67,075 332,828 165,419
Gross Profit:        
Total gross profit 194,663 112,247 463,737 315,738
Player | Goods        
Net Revenue:        
Total net revenue 132,432 81,606 331,937 236,534
Cost of Revenue:        
Total cost of revenue 112,271 75,376 292,913 218,695
Gross Profit:        
Total gross profit $ 20,161 $ 6,230 $ 39,024 $ 17,839