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Segment Information (Tables)

9 Months Ended

Sep. 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 September 30,												Nine Months Ended September 30,
			2025						2024						2025						2024
Net revenues			$	77,742					$	136,593					$	304,249					$	474,090
Less:
Cost of revenues			31,701						43,420						121,152						135,328
Research and development			18,350						41,337						76,495						129,423
Paid marketing expenses(1)			4,403						15,625						27,836						40,076
Other sales and marketing(2)			7,180						10,883						26,778						40,352
General and administrative			33,232						51,910						132,572						161,460
Impairment expense			—						195,708						2,000						677,239
Total segment expenses			94,866						358,883						386,833						1,183,878
Other segment items(3)			(347)						9,651						11,966						(121,155)
Net loss			$	(17,471)					$	(212,639)					$	(70,618)					$	(830,943)

_____________________________________________________

(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 September 30,												Nine Months Ended September 30,
			2025						2024						2025						2024
Subscription Services			$	69,100					$	119,804					$	266,393					$	420,668
Skills and Other			8,642						16,789						37,856						53,422
Total net revenues			$	77,742					$	136,593					$	304,249					$	474,090

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 September 30,												Nine Months Ended September 30,
			2025						2024						2025						2024
United States			$	64,841					$	119,038					$	260,483					$	412,823
International			12,901						17,555						43,766						61,267
Total net revenues			$	77,742					$	136,593					$	304,249					$	474,090

The following table presents our long-lived assets by geographic area (in thousands):

			September 30, 2025						December 31, 2024
United States			$	121,876					$	172,483
International			21,810						20,421
Total long-lived assets			$	143,686					$	192,904

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- 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.

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