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Unaudited Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue:        
Revenue $ 110,183 $ 134,948 $ 230,229 $ 279,849
Cost of revenue:        
Cost of revenue 33,807 52,204 72,571 105,765
Gross profit 76,376 82,744 157,658 174,084
Operating expenses:        
Selling and marketing 56,308 76,492 115,569 153,068
Enterprise technology and development 17,162 18,650 34,879 37,746
General and administrative 12,388 11,887 25,871 29,603
Restructuring   (107) 1,644 5,280
Total operating expenses 85,858 106,922 177,963 225,697
Operating loss (9,482) (24,178) (20,305) (51,613)
Other income (expense):        
Loss on partial debt extinguishment (719)   (1,928)  
Change in fair value of warrant liabilities 647 375 (77) 432
Interest expense (1,652) (2,368) (3,527) (4,699)
Other income, net 408 411 885 980
Loss before income taxes (10,798) (25,760) (24,952) (54,900)
Income tax (provision) benefit (67) 12 (129) (36)
Net loss $ (10,865) $ (25,748) $ (25,081) $ (54,936)
Net loss per common share, basic $ (1.59) $ (4.1) $ (3.7) $ (8.81)
Net loss per common share, diluted $ (1.59) $ (4.1) $ (3.7) $ (8.81)
Weighted-average common shares outstanding- basic 6,812,750 6,286,236 6,786,761 6,234,809
Weighted-average common shares outstanding- diluted 6,812,750 6,286,236 6,786,761 6,234,809
Digital [Member]        
Revenue:        
Revenue $ 58,771 $ 65,214 $ 120,277 $ 129,987
Cost of revenue:        
Cost of revenue 11,476 16,336 24,338 31,303
Nutrition And Other [Member]        
Revenue:        
Revenue 50,101 64,628 105,613 138,748
Cost of revenue:        
Cost of revenue 19,621 27,202 41,905 58,241
Connected Fitness [Member]        
Revenue:        
Revenue 1,311 5,106 4,339 11,114
Cost of revenue:        
Cost of revenue $ 2,710 $ 8,666 $ 6,328 $ 16,221