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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 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 June 30, |  | Six Months Ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Net revenues | $ | 105,120 |  |  | $ | 163,147 |  |  | $ | 226,507 |  |  | $ | 337,497 |
Less: |  |  |  |  |  |  |
Cost of revenues | 35,478 |  |  | 45,411 |  |  | 89,451 |  |  | 91,908 |
Research and development | 28,717 |  |  | 43,651 |  |  | 58,145 |  |  | 88,086 |
Paid marketing expenses(1) | 7,054 |  |  | 8,116 |  |  | 23,433 |  |  | 24,451 |
Other sales and marketing(2) | 10,363 |  |  | 15,429 |  |  | 19,598 |  |  | 29,469 |
General and administrative | 59,966 |  |  | 54,016 |  |  | 99,340 |  |  | 109,550 |
Impairment expense | — |  |  | 481,531 |  |  | 2,000 |  |  | 481,531 |
Total segment expenses | 141,578 |  |  | 648,154 |  |  | 291,967 |  |  | 824,995 |
Other segment items(3) | 795 |  |  | (131,877) |  |  | 12,313 |  |  | (130,806) |
Net loss | $ | (35,663) |  |  | $ | (616,884) |  |  | $ | (53,147) |  |  | $ | (618,304) |
_____________________________________________________ (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 June 30, |  | Six Months Ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Subscription Services | $ | 89,727 |  |  | $ | 146,813 |  |  | $ | 197,293 |  |  | $ | 300,864 |
Skills and Other | 15,393 |  |  | 16,334 |  |  | 29,214 |  |  | 36,633 |
Total net revenues | $ | 105,120 |  |  | $ | 163,147 |  |  | $ | 226,507 |  |  | $ | 337,497 |
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 June 30, |  | Six Months Ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
United States | $ | 90,145 |  |  | $ | 141,653 |  |  | $ | 195,642 |  |  | $ | 293,785 |
International | 14,975 |  |  | 21,494 |  |  | 30,865 |  |  | 43,712 |
Total net revenues | $ | 105,120 |  |  | $ | 163,147 |  |  | $ | 226,507 |  |  | $ | 337,497 |
The following table presents our long-lived assets by geographic area (in thousands):
| June 30, 2025 |  | December 31, 2024 |  |
United States | $ | 132,311 |  |  | $ | 172,483 |  |  |
International | 22,598 |  |  | 20,421 |  |  |
Total long-lived assets | $ | 154,909 |  |  | $ | 192,904 |  |  |

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- 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
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