v3.24.1.u1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net Revenue:    
Total net revenue $ 881,469 $ 740,990
Cost of Revenue:    
Total cost of revenue 493,178 403,393
Gross Profit (Loss):    
Total gross profit 388,291 337,597
Operating Expenses:    
Research and development 180,459 220,085
Sales and marketing 202,124 233,919
General and administrative 77,744 96,053
Total operating expenses 460,327 550,057
Loss from Operations (72,036) (212,460)
Other Income (Expense), Net:    
Interest expense (10) (681)
Other income, net 25,956 23,101
Total other income, net 25,946 22,420
Loss Before Income Taxes (46,090) (190,040)
Income tax expense 4,765 3,564
Net Loss $ (50,855) $ (193,604)
Net loss per share — basic (in dollars per share) $ (0.35) $ (1.38)
Net loss per share - diluted (in dollars per share) $ (0.35) $ (1.38)
Weighted-average common shares outstanding — basic (in shares) 143,751 140,333
Weighted-average common shares outstanding — diluted (in shares) 143,751 140,333
Platform | Services    
Net Revenue:    
Total net revenue $ 754,935 $ 634,618
Cost of Revenue:    
Total cost of revenue 360,566 300,587
Gross Profit (Loss):    
Total gross profit 394,369 334,031
Devices | Goods    
Net Revenue:    
Total net revenue 126,534 106,372
Cost of Revenue:    
Total cost of revenue 132,612 102,806
Gross Profit (Loss):    
Total gross profit $ (6,078) $ 3,566