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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Revenue $ 111,200 $ 129,556 $ 337,487 $ 315,690
Operating expenses:        
Cost of revenue 47,076 52,961 214,566 185,566
Selling and marketing 27,233 40,135 94,378 107,357
Product and technology 14,559 14,446 43,210 43,891
General and administrative 24,875 28,659 75,504 77,267
Provision for (recovery of) doubtful accounts (39) (6,844) (520) 42,111
Impairment loss on intangible assets and goodwill 0 0 0 57,232
Total operating expenses 113,704 129,357 427,138 513,424
Operating income (loss) (2,504) 199 (89,651) (197,734)
Other income (expense):        
Interest expense (10,645) (10,267) (31,758) (21,230)
Change in fair value of private warrant liability 50 260 1,076 620
Change in fair value of derivatives (1,048) 510 (7,772) (2,440)
Gain on extinguishment of debt 22,545 0 27,436 81,354
Investment income and realized gains, net of investment expenses 3,787 2,485 10,957 4,492
Other income, net 2,014 1,185 27,092 3,525
Total other income (expense) 16,703 (5,827) 27,031 66,321
Income (loss) before income taxes 14,199 (5,628) (62,620) (131,413)
Income tax benefit (provision) 183 (116) (683) (34)
Net income (loss) 14,382 (5,744) (63,303) (131,447)
Other comprehensive income (loss):        
Change in net unrealized loss, net of tax 3,840 (1,567) 2,802 (1,472)
Comprehensive income (loss) $ 18,222 $ (7,311) $ (60,501) $ (132,919)
Net income (loss) per share - basic (in usd per share) $ 0.14 $ (0.06) $ (0.64) $ (1.37)
Net income (loss) per share - diluted (in usd per share) $ 0.12 $ (0.06) $ (0.64) $ (1.37)