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UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Total revenues $ 2,695 $ 1,141
Operating expenses:    
Marketing expenses 1,147 461
Sales and other expenses 339 112
Personnel, including stock-based compensation of $93 and $109, respectively 596 552
General and administrative 158 119
Information technology 134 87
Depreciation and amortization 111 113
Restructuring, disposal, and other exit costs 36 8
Total operating expenses 2,521 1,452
Operating income (loss) 174 (311)
Interest expense (68) (98)
Other income (expense), net (955) 131
Loss before income taxes (849) (278)
Income tax benefit (149) (223)
Net loss $ (700) $ (55)
Net income applicable to common stockholders per basic common share (in dollars per share) $ (17.10) $ (1.34)
Weighted-average number of basic common shares outstanding (in shares) 40,921 40,973
Net income applicable to common stockholders per diluted common share (in dollars per share) $ (17.10) $ (1.34)
Weighted-average number of diluted common shares outstanding (in shares) 40,921 40,973
Agency revenues    
Total revenues $ 1,450 $ 717
Merchant revenues    
Total revenues 1,050 373
Advertising and other revenues    
Total revenues $ 195 $ 51