XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenue $ 597,346 $ 268,319
Cost of revenue 524,808 225,961
Gross profit 72,538 42,358
Operating expenses    
Technology and development 49,640 27,678
Marketing 43,342 11,802
General and administrative 58,966 37,391
Restructuring and reorganization 5,710 0
Total operating expenses 157,658 76,871
Loss from operations (85,120) (34,513)
Interest income 220 159
Interest expense (3,861) (1,338)
Income tax expense (134) 0
Other expense, net (1,911) (92)
Net loss (90,806) (35,784)
Dividends on convertible preferred stock (793) (2,336)
Net loss attributable to common stock - basic (91,599) (38,120)
Net loss attributable to common stock - diluted $ (91,599) $ (38,120)
Net loss per share attributable to common stock - diluted (in dollars per share) $ (0.86) $ (0.37)
Net loss per share attributable to common stock - basic (in dollars per share) $ (0.86) $ (0.37)
Weighted averages shares - diluted (in shares) 106,664,140 103,427,764
Weighted average shares - basic (in shares) 106,664,140 103,427,764
Other comprehensive income (loss)    
Foreign currency translation adjustments $ 4 $ 0
Unrealized gain (loss) on available-for-sale debt securities 561 (50)
Comprehensive loss (90,241) (35,834)
Service    
Revenue 217,593 175,593
Cost of revenue 165,809 134,851
Product    
Revenue 379,753 92,726
Cost of revenue $ 358,999 $ 91,110