XML 16 R5.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Revenues $ 186,224,000 $ 241,020,000 $ 341,693,000 $ 415,740,000
Cost of revenue 129,514,000 165,248,000 231,945,000 287,466,000
Gross profit 56,710,000 75,772,000 109,748,000 128,274,000
Operating expenses:        
Research and development 46,932,000 41,903,000 91,544,000 80,088,000
Sales and marketing 41,353,000 39,906,000 76,499,000 77,961,000
General and administrative 14,934,000 16,457,000 29,627,000 32,533,000
Total operating expenses 103,219,000 98,266,000 197,670,000 190,582,000
Operating loss (46,509,000) (22,494,000) (87,922,000) (62,308,000)
Interest expense (790,000) (1,139,000) (1,464,000) (2,292,000)
Other income, net 811,000 2,423,000 2,019,000 5,268,000
Total other income, net 21,000 1,284,000 555,000 2,976,000
Loss before income taxes (46,488,000) (21,210,000) (87,367,000) (59,332,000)
Income tax expense (benefit) 1,333,000 (3,998,000) 299,542,000 (12,251,000)
Net loss $ (47,821,000) $ (17,212,000) $ (386,909,000) $ (47,081,000)
Earnings Per Share, Basic $ (0.31) $ (0.11) $ (2.55) $ (0.30)
Earnings Per Share, Diluted $ (0.31) $ (0.11) $ (2.55) $ (0.30)
Weighted Average Number of Shares Outstanding, Basic 152,502 154,562 151,796 154,980
Weighted Average Number of Shares Outstanding, Diluted 152,502 154,562 151,796 154,980