XML 27 R4.htm IDEA: XBRL DOCUMENT v3.24.3
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Revenue $ 260,789 $ 155,188 $ 638,697 $ 538,149
Costs and expenses:        
Cost of revenue (exclusive of depreciation and amortization shown separately below) 9,372 7,570 26,328 30,632
Selling and marketing expense 193,542 97,244 450,105 350,420
General and administrative expense 26,680 26,380 79,594 92,223
Product development 11,190 10,840 33,421 36,096
Depreciation 4,584 4,760 13,852 14,239
Amortization of intangibles 1,466 1,981 4,422 6,012
Goodwill impairment 0 38,600 0 38,600
Restructuring and severance 273 1,955 498 9,967
Litigation settlements and contingencies 3,762 (150) 3,791 350
Total costs and expenses 250,869 189,180 612,011 578,539
Operating income (loss) 9,920 (33,992) 26,686 (40,390)
Other income (expense), net:        
Interest (expense) income, net (10,060) (7,097) (17,899) 10,992
Other expense (57,391) (110,910) (55,305) (108,637)
Loss before income taxes (57,531) (151,999) (46,518) (138,035)
Income tax (expense) benefit (447) 3,534 (2,692) 2,912
Net loss (57,978) (148,465) (49,210) (135,123)
Comprehensive loss $ (57,978) $ (148,465) $ (49,210) $ (135,123)
Weighted average shares outstanding:        
Basic (in shares) 13,349 12,993 13,236 12,919
Diluted (in shares) 13,349 12,993 13,236 12,919
Net loss per share:        
Basic (in dollars per share) $ (4.34) $ (11.43) $ (3.72) $ (10.46)
Diluted (in dollars per share) $ (4.34) $ (11.43) $ (3.72) $ (10.46)