XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Revenue $ 121,375 $ 114,754 $ 358,524 $ 326,444
Cost of revenue [1],[2],[3] 21,256 22,161 66,650 64,621
Gross profit 100,119 92,593 291,874 261,823
Operating expenses:        
Research and development [1],[3] 35,074 33,671 107,420 100,879
Sales and marketing [1],[2],[3] 54,976 54,118 175,910 162,179
General and administrative [1],[3] 25,929 24,466 83,383 71,958
Restructuring [1],[2] 422 0 1,982 0
Total operating expenses 116,401 112,255 368,695 335,016
Loss from operations (16,282) (19,662) (76,821) (73,193)
Interest expense 3,092 2,337 7,696 6,940
Other non-operating expense, net 685 543 614 739
Loss before income taxes (20,059) (22,542) (85,131) (80,872)
Provision for income taxes 271 361 1,127 915
Net loss $ (20,330) $ (22,903) $ (86,258) $ (81,787)
Net loss per common share, basic $ (0.14) $ (0.15) $ (0.58) $ (0.56)
Net loss per common share, diluted $ (0.14) $ (0.15) $ (0.58) $ (0.56)
Weighted average number of basic shares outstanding 146,953 147,877 148,620 146,270
Weighted average number of diluted shares outstanding 146,953 147,877 148,620 146,270
[1]

(1) Includes stock-based compensation, net of amounts capitalized as follows:

[2]

(2) Includes amortization of acquisition intangible assets as follows:

[3]

(3) Includes transaction expenses associated with the terminated merger with Zendesk. See Note 1 for additional information.