v3.24.2.u1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Net Revenue:        
Total net revenue $ 968,179 $ 847,186 $ 1,849,648 $ 1,588,176
Cost of Revenue:        
Total cost of revenue 543,479 468,915 1,036,657 872,308
Gross Profit (Loss):        
Total gross profit 424,700 378,271 812,991 715,868
Operating Expenses:        
Research and development 175,481 192,387 355,940 412,472
Sales and marketing 221,656 227,192 423,780 461,111
General and administrative 98,806 84,652 176,550 180,705
Total operating expenses 495,943 504,231 956,270 1,054,288
Loss from Operations (71,243) (125,960) (143,279) (338,420)
Other income, net 28,129 19,995 54,075 42,415
Loss Before Income Taxes (43,114) (105,965) (89,204) (296,005)
Income tax expense (benefit) (9,161) 1,630 (4,396) 5,194
Net Loss $ (33,953) $ (107,595) $ (84,808) $ (301,199)
Net loss per share — basic (in dollars per share) $ (0.24) $ (0.76) $ (0.59) $ (2.14)
Net loss per share - diluted (in dollars per share) $ (0.24) $ (0.76) $ (0.59) $ (2.14)
Weighted-average common shares outstanding — basic (in shares) 144,339 141,033 144,045 140,685
Weighted-average common shares outstanding — diluted (in shares) 144,339 141,033 144,045 140,685
Platform | Services        
Net Revenue:        
Total net revenue $ 824,333 $ 743,835 $ 1,579,268 $ 1,378,453
Cost of Revenue:        
Total cost of revenue 384,454 348,010 745,020 648,597
Gross Profit (Loss):        
Total gross profit 439,879 395,825 834,248 729,856
Devices | Goods        
Net Revenue:        
Total net revenue 143,846 103,351 270,380 209,723
Cost of Revenue:        
Total cost of revenue 159,025 120,905 291,637 223,711
Gross Profit (Loss):        
Total gross profit $ (15,179) $ (17,554) $ (21,257) $ (13,988)