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Condensed Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenue:    
Total revenue $ 141,904 $ 146,700
Cost of revenue:    
Total cost of revenue 51,921 68,083
Gross profit 89,983 78,617
Operating expenses:    
Marketing 17,518 17,961
Operations and technology 68,032 67,101
Selling, general and administrative 49,845 48,262
Restructuring charges 36,388 0
Total operating expenses 171,783 133,324
Loss from operations (81,800) (54,707)
Interest income 2,053 98
Interest expense (2,667) (2,664)
Other income (expense), net 0 (139)
Loss before provision for income taxes (82,414) (57,412)
Provision for income taxes 86 0
Net loss attributable to common stockholders $ (82,500) $ (57,412)
Net loss per share attributable to common stockholders, basic (in dollars per share) $ (0.83) $ (0.61)
Net loss per share attributable to common stockholders, diluted (in dollars per share) $ (0.83) $ (0.61)
Shares used to compute net loss per share attributable to common stockholders, basic (in shares) 99,608,071 93,476,106
Weighted-average common shares outstanding used to calculate net loss per share attributable to common stockholders, diluted (in shares) 99,608,071 93,476,106
Consignment revenue    
Revenue:    
Total revenue $ 102,643 $ 83,989
Cost of revenue:    
Total cost of revenue 15,529 13,733
Direct revenue    
Revenue:    
Total revenue 24,953 48,823
Cost of revenue:    
Total cost of revenue 25,030 40,034
Shipping services revenue    
Revenue:    
Total revenue 14,308 13,888
Cost of revenue:    
Total cost of revenue $ 11,362 $ 14,316