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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Net Revenue:        
Total net revenue $ 679,953 $ 451,663 $ 1,899,255 $ 1,128,502
Cost of Revenue:        
Total cost of revenue 316,034 236,839 870,299 625,741
Gross Profit (Loss):        
Total gross profit 363,919 214,824 1,028,956 502,761
Operating Expenses:        
Research and development 120,307 88,388 335,164 261,053
Sales and marketing 109,700 70,956 292,251 203,368
General and administrative 65,066 43,510 187,805 123,744
Total operating expenses 295,073 202,854 815,220 588,165
Income (Loss) from Operations 68,846 11,970 213,736 (85,404)
Other Income (Expense), Net:        
Interest expense (743) (773) (2,231) (2,670)
Other income (expense), net 500 1,202 2,461 3,020
Total other income (expense), net (243) 429 230 350
Income (Loss) Before Income Taxes 68,603 12,399 213,966 (85,054)
Income tax benefit (332) (548) (4,732) (241)
Net Income (Loss) $ 68,935 $ 12,947 $ 218,698 $ (84,813)
Net income (loss) per share — basic $ 0.52 $ 0.10 $ 1.66 $ (0.69)
Net income (loss) per share — diluted $ 0.48 $ 0.09 $ 1.54 $ (0.69)
Weighted-average common shares outstanding — basic 133,685 125,687 132,036 122,837
Weighted-average common shares outstanding — diluted 142,286 136,669 141,593 122,837
Platform | Services        
Net Revenue:        
Total net revenue $ 582,514 $ 319,231 $ 1,581,343 $ 796,565
Cost of Revenue:        
Total cost of revenue 203,989 124,568 545,907 332,828
Gross Profit (Loss):        
Total gross profit 378,525 194,663 1,035,436 463,737
Player | Goods        
Net Revenue:        
Total net revenue 97,439 132,432 317,912 331,937
Cost of Revenue:        
Total cost of revenue 112,045 112,271 324,392 292,913
Gross Profit (Loss):        
Total gross profit $ (14,606) $ 20,161 $ (6,480) $ 39,024