CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2024 |
Jun. 30, 2023 |
Jun. 30, 2024 |
Jun. 30, 2023 |
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| Income Statement [Abstract] | ||||
| Revenue | $ 1,104,441 | $ 874,927 | $ 2,279,437 | $ 1,644,579 |
| Cost of revenue | 663,414 | 510,323 | 1,373,483 | 1,032,063 |
| Sales and marketing | 215,676 | 207,487 | 556,375 | 596,620 |
| Product and technology | 92,655 | 89,906 | 181,470 | 177,994 |
| General and administrative | 165,084 | 136,256 | 339,335 | 296,732 |
| Loss from operations | (32,388) | (69,045) | (171,226) | (458,830) |
| Other income (expense): | ||||
| Interest income | 14,212 | 13,411 | 29,279 | 25,206 |
| Interest expense | (678) | (666) | (1,327) | (1,321) |
| Gain (loss) on remeasurement of warrant liabilities | 9,791 | (20,041) | (8,303) | (37,076) |
| Other (loss) gain, net | (446) | 45 | (1,181) | 64 |
| Loss before income tax (benefit) provision and loss (income) from equity method investment | (9,509) | (76,296) | (152,758) | (471,957) |
| Income tax (benefit) provision | (73,570) | 651 | (73,921) | 2,019 |
| Loss (income) from equity method investment | 239 | 323 | (91) | 442 |
| Net income (loss) attributable to common stockholders | $ 63,822 | $ (77,270) | $ (78,746) | $ (474,418) |
| Earnings (loss) per share attributable to common stockholders: | ||||
| Basic (in dollars per share) | $ 0.13 | $ (0.17) | $ (0.17) | $ (1.03) |
| Diluted (in dollars per share) | $ 0.10 | $ (0.17) | $ (0.17) | $ (1.03) |
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- Definition The expense relating to product and technology. No definition available.
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expense (income) related to adjustment to fair value of warrant liability. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of income (loss) for proportionate share of equity method investee's income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest expense classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate total amount of expenses directly related to the marketing or selling of products or services. No definition available.
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