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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Revenue $ 95,429 $ 79,317 $ 274,635 $ 223,097
Cost of revenue [1],[2] 21,899 19,626 62,852 56,203
Gross profit 73,530 59,691 211,783 166,894
Operating expenses:        
Research and development [1] 30,068 22,718 83,196 65,931
Sales and marketing [1],[2] 43,875 30,926 128,544 86,665
General and administrative [1] 22,181 20,992 65,452 61,294
Restructuring 0 0 0 (66)
Total operating expenses 96,124 74,636 277,192 213,824
Loss from operations (22,594) (14,945) (65,409) (46,930)
Interest expense 2,379 3,572 7,887 10,878
Other non-operating income, net (143) (887) (1,277) (3,441)
Loss before income taxes (24,830) (17,630) (72,019) (54,367)
Provision for (benefit from) income taxes 1,289 (1,320) 1,274 (1,802)
Net loss $ (26,119) $ (16,310) $ (73,293) $ (52,565)
Net loss per share, basic and diluted $ (0.19) $ (0.12) $ (0.53) $ (0.40)
Weighted-average shares used in computing basic and diluted net loss per share 141,034 133,417 138,907 130,434
[1]

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

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

(in thousands)

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Cost of revenue

 

$

1,222

 

 

$

718

 

 

$

3,229

 

 

$

2,805

 

Research and development

 

 

8,322

 

 

 

5,468

 

 

 

22,275

 

 

 

15,863

 

Sales and marketing

 

 

5,912

 

 

 

2,918

 

 

 

15,096

 

 

 

8,714

 

General and administrative

 

 

6,150

 

 

 

5,678

 

 

 

17,979

 

 

 

17,665

 

Stock-based compensation, net of amounts capitalized

 

$

21,606

 

 

$

14,782

 

 

$

58,579

 

 

$

45,047

 

[2]

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

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

(in thousands)

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Cost of revenue

 

$

1,800

 

 

$

1,557

 

 

$

5,813

 

 

$

3,448

 

Sales and marketing

 

 

1,270

 

 

 

964

 

 

 

3,983

 

 

 

2,267

 

Amortization of acquisition intangible assets

 

$

3,070

 

 

$

2,521

 

 

$

9,796

 

 

$

5,715