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Unaudited Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue:        
Revenue $ 165,975 $ 208,052 $ 544,033 $ 657,379
Cost of revenue:        
Cost of Revenue 61,309 73,067 259,081 209,954
Gross Profit 104,666 134,985 284,952 447,425
Operating expenses:        
Selling and marketing 93,145 153,782 286,213 438,672
Enterprise technology and development 25,686 29,680 83,516 83,718
General and administrative 19,532 23,346 59,189 58,523
Restructuring 1,492   10,047  
Impairment of intangible assets 1,000   1,000  
Total operating expenses 140,855 206,808 439,965 580,913
Operating loss (36,189) (71,823) (155,013) (133,488)
Other income (expense):        
Change in fair value of warrant liabilities 2,362 30,274 4,696 35,664
Interest expense (1,152) (62) (1,174) (490)
Other income, net 571 202 696 3,155
Loss before income taxes (34,408) (41,409) (150,795) (95,159)
Income tax benefit 549 1,487 1,536 12,739
Net loss $ (33,859) $ (39,922) $ (149,259) $ (82,420)
Net loss per common share, basic $ (0.11) $ (0.13) $ (0.49) $ (0.31)
Net loss per common share, diluted $ (0.11) $ (0.13) $ (0.49) $ (0.31)
Weighted-average common shares outstanding- basic 307,949,355 304,599,205 307,178,173 265,117,012
Weighted-average common shares outstanding- diluted 307,949,355 304,599,205 307,178,173 265,117,012
Digital [Member]        
Revenue:        
Revenue $ 72,228 $ 94,072 $ 231,988 $ 283,547
Cost of revenue:        
Cost of Revenue 16,078 12,124 50,909 34,858
Connected Fitness [Member]        
Revenue:        
Revenue 3,331 5,927 33,449 5,937
Cost of revenue:        
Cost of Revenue 4,745 10,261 80,910 10,417
Nutrition And Other [Member]        
Revenue:        
Revenue 90,416 108,053 278,596 367,895
Cost of revenue:        
Cost of Revenue $ 40,486 $ 50,682 $ 127,262 $ 164,679