XML 61 R46.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Segment Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Segment Reporting [Abstract] |
Schedule of Significant Segment Expenses | The following table presents information about our significant segment expenses and includes a reconciliation to net (loss) income (in thousands):
| Years Ended December 31,
| 2024 |  | 2023 |  | 2022
Net revenues | $ | 617,574 |  |  | $ | 716,295 |  |  | $ | 766,897 |
Less: |  |  |  |  |
Cost of revenues | 180,927 |  |  | 225,941 |  |  | 197,396 |
Research and development | 170,431 |  |  | 191,705 |  |  | 196,637 |
Paid marketing expenses(1) | 55,381 |  |  | 57,351 |  |  | 62,008 |
Other sales and marketing(2) | 52,948 |  |  | 69,240 |  |  | 85,652 |
General and administrative | 217,756 |  |  | 236,183 |  |  | 216,247 |
Impairment expense | 677,239 |  |  | 3,600 |  |  | — |
Total segment expenses | 1,354,682 |  |  | 784,020 |  |  | 757,940 |
Other segment items(3) | (99,960) |  |  | 85,905 |  |  | 257,681 |
Net (loss) income | $ | (837,068) |  |  | $ | 18,180 |  |  | $ | 266,638 |
_____________________________________________________ (1)Paid marketing expenses consist primarily of online advertising and marketing promotional expenditures. (2)Other sales and marketing primarily consists of employee related expenses, including share-based compensation expense, and depreciation and amortization expenses. (3)Other segment items consist of all interest expense, other income, and (provision for) benefit from income taxes.
Schedule of Revenue by Product Line | The following table presents our total net revenues for our Subscription Services and Skills and Other product lines (in thousands):
| Years Ended December 31,
| 2024 |  | 2023 |  | 2022
Subscription Services | $ | 549,211 |  |  | $ | 640,520 |  |  | $ | 671,968 |
Skills and Other | 68,363 |  |  | 75,775 |  |  | 94,929 |
Total net revenues | $ | 617,574 |  |  | $ | 716,295 |  |  | $ | 766,897 |
Schedule of Revenue by Geographic Areas | The following table presents our total net revenues by geographic area (in thousands):
| Years Ended December 31,
| 2024 |  | 2023 |  | 2022
United States | $ | 537,605 |  |  | $ | 616,359 |  |  | $ | 651,469 |
International | 79,969 |  |  | 99,936 |  |  | 115,428 |
Total net revenues | $ | 617,574 |  |  | $ | 716,295 |  |  | $ | 766,897 |
The following table presents our long-lived assets by geographic area (in thousands):
| December 31, |  |
| 2024 |  | 2023 |  |
United States | $ | 172,483 |  |  | $ | 186,143 |  |  |
International | 20,421 |  |  | 22,060 |  |  |
Total long-lived assets | $ | 192,904 |  |  | $ | 208,203 |  |  |

X
- Definition Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
Name: | us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-40 + Details
Name: | us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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 Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration