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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating activities    
Net loss $ (77,907) $ (291,478)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 96,217 101,810
Stock-based compensation expense 98,790 265,877
Gain on repayment of convertible note (42,744) (61,371)
Impairment of property and equipment 3,470 13,598
Other (218) 2,918
Changes in assets and liabilities, net of effects of acquisitions:    
Accounts receivable, net 21,022 (9,740)
Prepaid expenses and other (10,602) (16,779)
Other assets 10,023 (2,399)
Accounts payable 2,198 5,273
Accrued expenses and other (21,029) (4,269)
Publisher payables (55,155) 25,558
Other long-term liabilities (10,919) (23,584)
Deferred revenue (120) (12,787)
Net cash provided by (used in) operating activities 13,026 (7,373)
Investing activities    
Purchases of property and equipment (5,718) (7,190)
Net cash used in investing activities (5,718) (7,190)
Financing activities    
Proceeds from issuance of convertible notes 690,000 0
Purchase of capped calls (44,436) 0
Payment of debt issuance costs (13,236) 0
Repayments of convertible note (641,691) (414,999)
Proceeds from issuance of common stock from employee equity plans 21,611 25,998
Net cash provided by (used in) financing activities 12,248 (389,001)
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash 4,197 (6,202)
Increase (decrease) in cash, cash equivalents, and restricted cash 23,753 (409,766)
Cash, cash equivalents, and restricted cash, beginning of period 1,527,881 1,604,267
Cash, cash equivalents, and restricted cash, end of period 1,551,634 1,194,501
Supplemental disclosure of cash flow information:    
Cash paid for (refunded from) income taxes, net (1,736) 11,041
Cash paid for operating leases 10,433 13,540
Supplemental disclosures of non‑cash investing and financing activities:    
Assets acquired under operating lease $ 22 $ 9,273