XML 52 R41.htm IDEA: XBRL DOCUMENT v3.25.2
STOCKHOLDERS' EQUITY (Tables)
6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity
A summary of stock option activity for the six months ended June 30, 2025 is as follows (in thousands, except per share data):
Number of Stock OptionsWeighted
Average
Exercise
Price
Weighted
Average
Remaining
Contractual
Term
(in years)
Aggregate
Intrinsic
Value
Outstanding, beginning of the year2,578 $72.17 5.11$67,966 
Granted1,769 55.66 
Exercised(361)14.20 
Forfeited— — 
Expired(55)152.42 
Outstanding, end of the period3,931 $68.94 7.43$38,739 
Exercisable, end of the period1,776 $79.32 4.96$17,885 
Schedule of Restricted Stock Awards and Restricted Stock Units Activity
Activity related to RSUs during the six months ended June 30, 2025 is set forth below (in thousands, except per share data):
Number of
Shares
Weighted
Average Grant
Date Fair Value
Unvested, beginning of the year37,079 $70.51 
Granted15,327 60.16 
Vested(8,485)75.72 
Forfeited(4,664)68.51 
Unvested, end of the period39,257 $65.59 
Schedule of the Effect of Share-Based Compensation on the Condensed Consolidated Statements of Operations
The following table summarizes the effects of share-based compensation on the Company's condensed consolidated statements of operations (in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
Cost of revenue$135 $181 $291 $354 
Product development214,927 229,330 437,468 451,284 
Sales and marketing27,140 32,176 60,490 63,544 
General and administrative55,139 58,681 114,328 116,354 
Total$297,341 $320,368 $612,577 $631,536