Condensed Consolidated Statements of Operations (unaudited) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Aug. 31, 2021 |
Aug. 31, 2020 |
Aug. 31, 2021 |
Aug. 31, 2020 |
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Condensed Consolidated Statements of Operations (unaudited) | ||||
Revenue | $ 73,288 | $ 36,788 | $ 132,815 | $ 72,682 |
Cost of revenue, excluding depreciation and amortization | 44,334 | 21,071 | 80,270 | 43,310 |
Operating expenses: | ||||
Product and technology | 22,512 | 12,236 | 38,451 | 23,606 |
Sales and marketing | 24,009 | 7,881 | 38,518 | 15,196 |
General and administrative | 26,170 | 6,453 | 48,172 | 12,120 |
Depreciation and amortization | 11,021 | 2,049 | 19,717 | 3,977 |
Change in fair value of contingent consideration | 19,686 | 30,146 | ||
Total operating expenses | 103,398 | 28,619 | 175,004 | 54,899 |
Loss from operations | (74,444) | (12,902) | (122,459) | (25,527) |
Interest expense, net | (776) | (2,347) | (1,394) | (3,629) |
Other income (expense) | 11 | (104) | (44) | (119) |
Loss before income taxes | (75,209) | (15,353) | (123,897) | (29,275) |
Income tax benefit (expense) | 12,845 | (18) | 12,826 | (56) |
Net loss | $ (62,364) | $ (15,371) | $ (111,071) | $ (29,331) |
Net loss per share, basic and diluted | $ (0.97) | $ (0.47) | $ (1.81) | $ (1.45) |
Weighted-average common shares outstanding, basic and diluted | 64,404,223 | 33,029,147 | 61,332,729 | 20,277,416 |
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- Definition The expense charged against earnings for the period pertaining to product and technology. No definition available.
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- Definition Amount of increase (decrease) in the value of a contingent consideration liability, including, but not limited to, differences arising upon settlement. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Cost of product sold and service rendered, excluding depreciation, depletion, and amortization. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The net amount of nonoperating interest income (expense). No definition available.
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate total amount of expenses directly related to the marketing or selling of products or services. No definition available.
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- Definition Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
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