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Restatement of Previously Issued Consolidated Financial Statements (Tables)

12 Months Ended

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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- References

No definition available.

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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

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