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Unaudited Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenue:        
Revenue $ 179,136 $ 223,108 $ 378,058 $ 449,327
Cost of revenue:        
Cost of Revenue 91,867 68,770 197,772 136,887
Gross Profit 87,269 154,338 180,286 312,440
Operating expenses:        
Selling and marketing 86,624 140,194 193,068 284,890
Enterprise technology and development 24,133 26,949 57,830 54,038
General and administrative 19,584 17,231 39,657 35,177
Restructuring 1,332   8,555  
Total operating expenses 131,673 184,374 299,110 374,105
Operating loss (44,404) (30,036) (118,824) (61,665)
Other income (expense):        
Change in fair value of warrant liabilities 2,070 5,390 2,334 5,390
Interest expense (3) (305) (22) (428)
Other income, net 189 1,654 125 2,953
Loss before income taxes (42,148) (23,297) (116,387) (53,750)
Income tax benefit 281 10,857 987 11,252
Net loss $ (41,867) $ (12,440) $ (115,400) $ (42,498)
Net loss per common share, basic $ (0.14) $ (0.05) $ (0.38) $ (0.17)
Net loss per common share, diluted $ (0.14) $ (0.05) $ (0.38) $ (0.17)
Weighted-average common shares outstanding- basic 307,204,999 247,062,134 306,786,192 245,048,715
Weighted-average common shares outstanding- diluted 307,204,999 247,062,134 306,786,192 245,048,715
Digital [Member]        
Revenue:        
Revenue $ 78,015 $ 94,325 $ 159,760 $ 189,475
Cost of revenue:        
Cost of Revenue 18,406 11,612 34,831 22,734
Connected Fitness [Member]        
Revenue:        
Revenue 10,605 10 30,118 10
Cost of revenue:        
Cost of Revenue 31,459 156 76,165 156
Nutrition And Other [Member]        
Revenue:        
Revenue 90,516 128,773 188,180 259,842
Cost of revenue:        
Cost of Revenue $ 42,002 $ 57,002 $ 86,776 $ 113,997