Unaudited Quarterly Financial Information

12 Months Ended

Dec. 31, 2024

The tables herein set forth the Company’s unaudited condensed consolidated 2024 and 2023 quarterly statements of operations.

The following table sets forth the Company’s unaudited condensed consolidated statements of operations for the 2024 quarters ended (in thousands):


2024 Quarter Ended	December 31,		September 30,		June 30,		March 31,
Revenue, net	$	199,223	$	175,375	$	161,388	$	144,866
Operating expenses	(228,420)		(214,224)		(189,111)		(165,818)
Interest income	11,995		12,899		11,560		6,064
Income tax benefit (expense)	317		(374)		(57)		(359)
Net loss	$	(16,885)	$	(26,324)	$	(16,220)	$	(15,247)
Basic and diluted net loss per share	$	(0.16)	$	(0.25)	$	(0.16)	$	(0.16)

The following table sets forth the Company’s unaudited condensed consolidated statements of operations for the 2023 quarters ended (in thousands):


2023 Quarter Ended	December 31,		September 30,		June 30,		March 31,
Revenue, net	$	132,099	$	126,173	$	110,792	$	95,306
Operating expenses	(166,196)		(155,886)		(157,971)		(143,698)
Interest income	5,966		5,498		4,530		4,349
Income tax expense	(448)		(43)		(135)		(10)
Net loss	$	(28,579)	$	(24,258)	$	(42,784)	$	(44,053)
Basic and diluted net loss per share	$	(0.30)	$	(0.25)	$	(0.45)	$	(0.46)