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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Net Revenue:    
Total net revenue $ 574,183 $ 320,766
Cost of Revenue:    
Total cost of revenue 247,412 179,665
Gross Profit:    
Total gross profit 326,771 141,101
Operating Expenses:    
Research and development 101,581 88,278
Sales and marketing 88,873 68,248
General and administrative 60,511 39,740
Total operating expenses 250,965 196,266
Income (Loss) from Operations 75,806 (55,165)
Other Income (Expense), Net:    
Interest expense (742) (863)
Other income (expense), net 441 1,261
Total other income (expense), net (301) 398
Income (Loss) Before Income Taxes 75,505 (54,767)
Income tax (benefit) expense (791) (155)
Net Income (Loss) $ 76,296 $ (54,612)
Net income (loss) per share — basic $ 0.59 $ (0.45)
Net income (loss) per share — diluted $ 0.54 $ (0.45)
Weighted-average common shares outstanding — basic 129,674 120,180
Weighted-average common shares outstanding — diluted 140,328 120,180
Platform | Services    
Net Revenue:    
Total net revenue $ 466,526 $ 232,557
Cost of Revenue:    
Total cost of revenue 154,590 101,936
Gross Profit:    
Total gross profit 311,936 130,621
Player | Goods    
Net Revenue:    
Total net revenue 107,657 88,209
Cost of Revenue:    
Total cost of revenue 92,822 77,729
Gross Profit:    
Total gross profit $ 14,835 $ 10,480