v3.24.1.u1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue:    
Total revenue $ 1,075 $ 819
Costs of revenue:    
Amortization of acquired intangible assets 1 1
Total costs of revenue 826 645
Gross profit 249 174
Operating expenses:    
Sales and marketing 107 99
Research and development 83 85
General and administrative 74 82
Restructuring expenses 41 0
Total operating expenses 305 266
Loss from operations (56) (92)
Other income (expense):    
Interest income, net 10 8
Change in fair value of warrant liability (36) 3
Loss before income taxes (82) (81)
Income tax expense (1) 0
Net loss $ (83) $ (81)
Net loss per share attributable to common stockholders:    
Basic (in dollars per share) $ (0.15) $ (0.15)
Diluted (in dollars per share) $ (0.15) $ (0.16)
Weighted-average shares used in computing net loss per share:    
Basic (in shares) 547 524
Diluted (in shares) 547 525
Subscription services    
Revenue:    
Total revenue $ 151 $ 107
Costs of revenue:    
Cost of revenue 50 36
Financial technology solutions    
Revenue:    
Total revenue 873 673
Costs of revenue:    
Cost of revenue 683 523
Hardware and professional services    
Revenue:    
Total revenue 51 39
Costs of revenue:    
Cost of revenue $ 92 $ 85