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Segment Information (Tables)

12 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Schedule of Segment Information

The following table provides information about each reportable segment:

									Year Ended December 31,
															2021						2020						2019
															(in thousands)
Segment revenue:
Blend Platform															$	135,562					$	96,029					$	50,671
Title365															98,933						—						—
Total revenue															$	234,495					$	96,029					$	50,671
Segment gross profit:
Blend Platform															$	85,645					$	61,740					$	31,124
Title365															30,344						—						—
Total gross profit															$	115,989					$	61,740					$	31,124
Operating expenses:
Research and development															92,216						55,503						48,597
Sales and marketing															84,077						51,420						37,660
General and administrative															128,802						30,108						26,589
Amortization of acquired intangible assets															8,136						—						—
Total operating expenses															313,231						137,031						112,846
Loss from operations															(197,242)						(75,291)						(81,722)
Interest expense															(11,279)						—						—
Other income (expense), net															493						700						283
Loss before income taxes															$	(208,028)					$	(74,591)					$	(81,439)

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas

The Company’s long-lived assets, which consist of property and equipment, net and operating lease right-of-use assets, by geographic location are as follows:

						As of December 31,
						2021						2020
						(in thousands)
Long-lived assets:
United States						$	19,184					$	17,279
India						1,684						—
Total						$	20,868					$	17,279

X

- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

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