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v3.23.1

Restatement of Previously Issued Consolidated Financial Statements (Tables) | 12 Months Ended
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Dec. 31, 2022
Accounting Changes and Error Corrections [Abstract] |
Schedule of Consolidated Financial Statements | Consolidated Statements of Operations and Comprehensive Loss
|  | Year Ended December 31, 2021
|  | As Reported |  | End-User Liability |  | Indirect Taxes |  |  |  |  |  | Other Adjustments |  | As Restated
Revenue |  | $ | 384,089 |  |  | $ | (138) |  |  | $ | (3,797) |  |  |  |  |  |  | $ | — |  |  | $ | 380,154 |
Cost of revenue |  | 24,711 |  |  | — |  |  | — |  |  |  |  |  |  | 532 |  |  | 25,243 |
Research and development |  | 46,017 |  |  | — |  |  | — |  |  |  |  |  |  | 215 |  |  | 46,232 |
Sales and marketing |  | 465,457 |  |  | 1,780 |  |  | — |  |  |  |  |  |  | (546) |  |  | 466,691 |
General and administrative |  | 135,026 |  |  | — |  |  | 691 |  |  |  |  |  |  | 85 |  |  | 135,802 |
Total costs and expenses |  | 671,211 |  |  | 1,780 |  |  | 691 |  |  |  |  |  |  | 286 |  |  | 673,968 |
Loss from operations |  | (287,122) |  |  | (1,918) |  |  | (4,488) |  |  |  |  |  |  | (286) |  |  | (293,814) |
Loss before income taxes |  | (200,373) |  |  | (1,918) |  |  | (4,488) |  |  |  |  |  |  | (286) |  |  | (207,065) |
Benefit for income taxes |  | (18,996) |  |  | — |  |  | — |  |  |  |  |  |  | (144) |  |  | (19,140) |
Net loss |  | $ | (181,377) |  |  | $ | (1,918) |  |  | $ | (4,488) |  |  |  |  |  |  | $ | (142) |  |  | $ | (187,925) |
Net loss per share attributable to common stockholders: (1) |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | (0.47) |  |  | $ | — |  |  | $ | (0.01) |  |  |  |  |  |  | $ | — |  |  | $ | (0.49) |
Diluted |  | $ | (0.69) |  |  | $ | — |  |  | $ | (0.01) |  |  |  |  |  |  | $ | — |  |  | $ | (0.71) |
Total comprehensive loss |  | $ | (181,625) |  |  | $ | (1,918) |  |  | $ | (4,488) |  |  |  |  |  |  | $ | (142) |  |  | $ | (188,173) |
(1) Due to differences in rounding to the nearest cent per basic or diluted share, totals may not equal the sum of the line items.
|  | Year Ended December 31, 2020
|  | As Reported |  | End-User Liability |  | Indirect Taxes |  |  |  | Other Adjustments |  | As Restated
Revenue |  | $ | 230,115 |  |  | $ | (87) |  |  | $ | (981) |  |  |  |  | $ | — |  |  | $ | 229,047 |
Cost of revenue |  | 12,281 |  |  | — |  |  | — |  |  |  |  | — |  |  | 12,281 |
Research and development |  | 23,225 |  |  | — |  |  | — |  |  |  |  | — |  |  | 23,225 |
Sales and marketing |  | 251,941 |  |  | 2,328 |  |  | — |  |  |  |  | — |  |  | 254,269 |
General and administrative |  | 42,289 |  |  | — |  |  | 173 |  |  |  |  | — |  |  | 42,462 |
Total costs and expenses |  | 329,736 |  |  | 2,328 |  |  | 173 |  |  |  |  | — |  |  | 332,237 |
Loss from operations |  | (99,621) |  |  | (2,415) |  |  | (1,154) |  |  |  |  | — |  |  | (103,190) |
Loss before income taxes |  | (145,395) |  |  | (2,415) |  |  | (1,154) |  |  |  |  | — |  |  | (148,964) |
Net loss |  | $ | (145,510) |  |  | $ | (2,415) |  |  | $ | (1,154) |  |  |  |  | $ | — |  |  | $ | (149,079) |
Net loss per share attributable to common stockholders:(1) |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | (0.49) |  |  | $ | (0.01) |  |  | $ | — |  |  |  |  | $ | — |  |  | $ | (0.51) |
Diluted |  | $ | (0.49) |  |  | $ | (0.01) |  |  | $ | — |  |  |  |  | $ | — |  |  | $ | (0.51) |
Total comprehensive loss |  | $ | (145,510) |  |  | $ | (2,415) |  |  | $ | (1,154) |  |  |  |  | $ | — |  |  | $ | (149,079) |
(1) Due to differences in rounding to the nearest cent per basic or diluted share, totals may not equal the sum of the line items. Consolidated Balance Sheets
|  | Year Ended December 31, 2021
|  | As Reported |  | End-User Liability |  | Indirect Taxes |  |  |  | Other Adjustments |  | As Restated
Accounts receivable, net |  | $ | 13,497 |  |  | $ | — |  |  | $ | — |  |  |  |  | $ | (728) |  |  | $ | 12,769 |
Total current assets |  | 590,588 |  |  | — |  |  | — |  |  |  |  | (728) |  |  | 589,860 |
Goodwill |  | 86,845 |  |  | — |  |  | — |  |  |  |  | (973) |  |  | 85,872 |
Total assets |  | 1,022,825 |  |  | — |  |  | — |  |  |  |  | (1,701) |  |  | 1,021,124 |
Other current liabilities |  | 64,969 |  |  | 8,168 |  |  | 6,232 |  |  |  |  | (1,416) |  |  | 77,953 |
Total current liabilities |  | 86,832 |  |  | 8,168 |  |  | 6,232 |  |  |  |  | (1,416) |  |  | 99,816 |
Other long-term liabilities |  | 13,544 |  |  | — |  |  | — |  |  |  |  | (144) |  |  | 13,400 |
Total liabilities |  | 399,125 |  |  | 8,168 |  |  | 6,232 |  |  |  |  | (1,560) |  |  | 411,965 |
Accumulated deficit |  | (419,692) |  |  | (8,168) |  |  | (6,232) |  |  |  |  | (141) |  |  | (434,233) |
Total stockholders' equity |  | 623,700 |  |  | (8,168) |  |  | (6,232) |  |  |  |  | (141) |  |  | 609,159 |
Total liabilities and stockholders' equity |  | $ | 1,022,825 |  |  | $ | — |  |  | $ | — |  |  |  |  | $ | (1,701) |  |  | $ | 1,021,124 |
|  | Year Ended December 31, 2020
|  | As Reported |  | End-User Liability |  | Indirect Taxes |  |  |  | Other Adjustments |  | As Restated
Other current liabilities |  | $ | 25,317 |  |  | $ | 6,250 |  |  | $ | 1,744 |  |  |  |  | $ | (1) |  |  | $ | 33,310 |
Total current liabilities |  | 47,356 |  |  | 6,250 |  |  | 1,744 |  |  |  |  | (1) |  |  | 55,349 |
Total liabilities |  | 225,634 |  |  | 6,250 |  |  | 1,744 |  |  |  |  | (1) |  |  | 233,627 |
Accumulated deficit |  | (238,315) |  |  | (6,250) |  |  | (1,744) |  |  |  |  | 1 |  |  | (246,308) |
Total stockholders' equity |  | $ | 56,787 |  |  | $ | (6,250) |  |  | $ | (1,744) |  |  |  |  | $ | 1 |  |  | $ | 48,794 |
Consolidated Statements of Stockholders’ Equity
Accumulated Deficit |  | As Reported |  | End-User Liability |  | Indirect Taxes |  |  |  | Other Adjustments |  | As Restated
Balance at December 31, 2019 (1) |  | $ | (90,256) |  |  | $ | (3,835) |  |  | $ | (590) |  |  |  |  | $ | 1 |  |  | $ | (94,680) |
Net loss |  | (145,510) |  |  | (2,415) |  |  | (1,154) |  |  |  |  | — |  |  | (149,079) |
Balance at December 31, 2020 |  | $ | (238,315) |  |  | $ | (6,250) |  |  | $ | (1,744) |  |  |  |  | $ | 1 |  |  | $ | (246,308) |
Net loss |  | (181,377) |  |  | (1,918) |  |  | (4,488) |  |  |  |  | (142) |  |  | (187,925) |
Balance at December 31, 2021 |  | $ | (419,692) |  |  | $ | (8,168) |  |  | $ | (6,232) |  |  |  |  | $ | (141) |  |  | $ | (434,233) |
(1) The cumulative impact of the misstatements related to the years ended prior to January 1, 2020 is reflected in this line. Consolidated Statements of Cash Flows
|  | Year Ended December 31, 2021
|  | As Reported |  | End-User Liability |  | Indirect Taxes |  | Other Adjustments |  | As Restated
Net loss |  | $ | (181,377) |  |  | $ | (1,918) |  |  | $ | (4,488) |  |  | $ | (142) |  |  | $ | (187,925) |
Depreciation and amortization |  | $ | 11,133 |  |  | $ | — |  |  | $ | — |  |  | $ | 532 |  |  | $ | 11,665 |
Deferred income taxes |  | $ | (19,233) |  |  | $ | — |  |  | $ | — |  |  | $ | (144) |  |  | $ | (19,377) |
Accounts receivable, net |  | $ | 203 |  |  | $ | — |  |  | $ | — |  |  | $ | 728 |  |  | $ | 931 |
Other accruals and liabilities |  | $ | 23,228 |  |  | $ | 1,918 |  |  | $ | 4,488 |  |  | $ | (974) |  |  | $ | 28,660 |
|  | Year Ended December 31, 2020
|  | As Reported |  | End-User Liability |  | Indirect Taxes |  | Other Adjustments |  | As Restated
Net loss |  | $ | (145,510) |  |  | $ | (2,415) |  |  | $ | (1,154) |  |  | $ | — |  |  | $ | (149,079) |
Other accruals and liabilities |  | $ | 12,045 |  |  | $ | 2,415 |  |  | $ | 1,154 |  |  | $ | — |  |  | $ | 15,614 |

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- Definition Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 9 -URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22663-107794 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 7 -URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22644-107794 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22658-107794 + Details
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