v3.23.1
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenue:    
Total revenue $ 73,723 $ 105,250
Operating costs and expenses:    
Cost of revenue 215 (127)
Marketing and advertising 32,899 58,454
Customer care and enrollment 26,957 42,164
Technology and content 15,544 19,663
General and administrative 21,002 19,987
Impairment, restructuring and other charges 0 4,823
Total operating costs and expenses 96,617 144,964
Loss from operations (22,894) (39,714)
Other expense, net (592) (1,021)
Loss before income taxes (23,486) (40,735)
Benefit from income taxes (3,608) (7,993)
Net loss (19,878) (32,742)
Paid-in-kind dividends for preferred stock (5,101) (4,717)
Change in preferred stock redemption value (3,069) (2,501)
Net loss attributable to common stockholders $ (28,048) $ (39,960)
Net loss per share attributable to common stockholders:    
Basic (in dollars per share) $ (1.01) $ (1.46)
Diluted (in dollars per share) $ (1.01) $ (1.46)
Weighted-average number of shares used in per share amounts:    
Basic (in shares) 27,648 27,278
Diluted (in shares) 27,648 27,278
Comprehensive income (loss):    
Net loss $ (19,878) $ (32,742)
Unrealized holding gain for available-for-sale debt securities, net of tax 13 8
Foreign currency translation adjustments 110 23
Comprehensive loss (19,755) (32,711)
Commission    
Revenue:    
Total revenue 68,003 93,850
Other    
Revenue:    
Total revenue $ 5,720 $ 11,400