XML 44 R33.htm IDEA: XBRL DOCUMENT v3.25.1
Segment Information (Tables)
 3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table presents information about our significant segment expenses and includes a reconciliation to net loss (in thousands):
Three Months Ended
March 31,
20252024
Net revenues$121,387 $174,350 
Less:
Cost of revenues53,973 46,497 
Research and development29,428 44,435 
Paid marketing expenses(1)
16,379 16,335 
Other sales and marketing(2)
9,235 14,040 
General and administrative39,374 55,534 
Impairment expense2,000 — 
Total segment expenses150,389 176,841 
Other segment items(3)
11,518 1,071 
Net loss$(17,484)$(1,420)
_____________________________________________________
(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 interest expense, other income, and provision for income taxes.
Schedule of Revenue from External Customers by Products and Services
The following table presents our total net revenues for our Subscription Services and Skills and Other product lines (in thousands):
Three Months Ended
March 31,
20252024
Subscription Services$107,566 $154,051 
Skills and Other13,821 20,299 
Total net revenues$121,387 $174,350 
Schedule of Revenue from External Customers by Geographic Areas
The following table presents our total net revenues by geographic area (in thousands):
Three Months Ended
March 31,
20252024
United States$105,497 $152,131 
International15,890 22,219 
Total net revenues$121,387 $174,350 
The following table presents our long-lived assets by geographic area (in thousands):
March 31, 2025December 31, 2024
United States$145,539 $172,483 
International20,911 20,421 
Total long-lived assets$166,450 $192,904