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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Net interest revenues $ 63,405 $ 50,406 $ 193,611 $ 114,420
Total net revenues 364,923 269,530 1,452,430 641,291
Operating expenses:        
Brokerage and transaction 44,031 31,444 122,847 80,460
Technology and development 679,162 55,491 952,367 133,667
Operations 108,337 40,962 275,966 93,239
Marketing 86,893 39,088 283,300 152,520
General and administrative 790,060 113,494 1,038,520 186,781
Total operating expenses 1,708,483 280,479 2,673,000 646,667
Change in fair value of convertible notes and warrant liability 25,336 0 2,045,657 0
Other expense (income), net (1,955) 45 (2,104) 88
Loss before income tax (1,366,941) (10,994) (3,264,123) (5,464)
Provision for (benefit from) income taxes (50,244) (333) (958) 115
Net loss (1,316,697) (10,661) (3,263,165) (5,579)
Net loss attributable to common stockholders:        
Basic (1,316,697) (10,661) (3,263,165) (5,579)
Diluted $ (1,316,697) $ (10,661) $ (3,263,165) $ (5,579)
Net loss per share attributable to common stockholders:        
Basic (in dollars per share) $ (2.06) $ (0.05) $ (8.85) $ (0.02)
Diluted (in dollars per share) $ (2.06) $ (0.05) $ (8.85) $ (0.02)
Weighted-average shares used to compute net loss per share attributable to common stockholders:        
Basic (in shares) 638,168,188 225,997,444 368,518,894 225,299,165
Diluted (in shares) 638,168,188 225,997,444 368,518,894 225,299,165
Transaction-based revenues        
Revenues:        
Revenues $ 266,797 $ 201,807 $ 1,138,403 $ 484,851
Other revenues        
Revenues:        
Revenues $ 34,721 $ 17,317 $ 120,416 $ 42,020