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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]    
Revenue $ 102,298 $ 88,265
Cost of revenue [1],[2] 20,772 19,944
Gross profit 81,526 68,321
Operating expenses:    
Research and development [1] 32,983 26,557
Sales and marketing [1],[2] 52,036 42,091
General and administrative [1] 23,322 21,932
Total operating expenses 108,341 90,580
Loss from operations (26,815) (22,259)
Interest expense 2,299 3,086
Other non-operating (income) expense, net 315 (1,236)
Loss before income taxes (29,429) (24,109)
Provision for income taxes 218 141
Net loss $ (29,647) $ (24,250)
Net loss per share, basic and diluted $ (0.20) $ (0.18)
Weighted-average shares used in computing basic and diluted net loss per share 144,692 136,911
[1]

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

 

 

 

Three Months Ended March 31,

 

(in thousands)

 

2021

 

2020

 

Cost of revenue

 

$

1,482

 

$

960

 

Research and development

 

 

9,497

 

 

6,457

 

Sales and marketing

 

 

5,778

 

 

4,343

 

General and administrative

 

 

6,842

 

 

5,742

 

Stock-based compensation, net of amounts capitalized

 

$

23,599

 

$

17,502

 

[2]

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

 

 

 

Three Months Ended March 31,

 

(in thousands)

 

2021

 

2020

 

Cost of revenue

 

$

1,490

 

$

2,010

 

Sales and marketing

 

 

1,133

 

 

1,358

 

Amortization of acquisition intangible assets

 

$

2,623

 

$

3,368