XML 17 R4.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Net Revenue:    
Total net revenue $ 733,699 $ 574,183
Cost of Revenue:    
Total cost of revenue 368,892 247,412
Gross Profit (Loss):    
Total gross profit 364,807 326,771
Operating Expenses:    
Research and development 163,998 101,581
Sales and marketing 146,522 88,873
General and administrative 77,777 60,511
Total operating expenses 388,297 250,965
Income (Loss) from Operations (23,490) 75,806
Other Income (Expense), Net:    
Interest expense (1,057) (742)
Other income (expense), net 409 441
Total other income (expense), net (648) (301)
Income (Loss) Before Income Taxes (24,138) 75,505
Income tax expense (benefit) 2,168 (791)
Net Income (Loss) $ (26,306) $ 76,296
Net income (loss) per share — basic (in dollars per share) $ (0.19) $ 0.59
Net income (loss) per share — diluted (in dollars per share) $ (0.19) $ 0.54
Weighted-average common shares outstanding — basic (in shares) 135,539 129,674
Weighted-average common shares outstanding — diluted (in shares) 135,539 140,328
Platform | Services    
Net Revenue:    
Total net revenue $ 646,904 $ 466,526
Cost of Revenue:    
Total cost of revenue 266,985 154,590
Gross Profit (Loss):    
Total gross profit 379,919 311,936
Player | Goods    
Net Revenue:    
Total net revenue 86,795 107,657
Cost of Revenue:    
Total cost of revenue 101,907 92,822
Gross Profit (Loss):    
Total gross profit $ (15,112) $ 14,835