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UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Total revenues $ 1,141 $ 2,288
Operating expenses:    
Marketing expenses 461 851
Sales and other expenses 112 377
Personnel, including stock-based compensation of $109 and $6, respectively 552 484
General and administrative 119 201
Information technology 87 78
Depreciation and amortization 113 117
Restructuring and other exit costs 8 0
Impairment of goodwill 0 489
Total operating expenses 1,452 2,597
Operating loss (311) (309)
Interest expense (98) (64)
Other income (expense), net 131 (349)
Loss before income taxes (278) (722)
Income tax benefit (223) (23)
Net loss $ (55) $ (699)
Net loss applicable to common stockholders per basic common share (in dollars per share) $ (1.34) $ (17.01)
Weighted-average number of basic common shares outstanding (in shares) 40,973 41,093
Net loss applicable to common stockholders per diluted common share (in dollars per share) $ (1.34) $ (17.01)
Weighted-average number of diluted common shares outstanding (in shares) 40,973 41,093
Agency revenues    
Total revenues $ 717 $ 1,424
Merchant revenues    
Total revenues 373 659
Advertising and other revenues    
Total revenues $ 51 $ 205