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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Revenue $ 88,265 $ 68,641
Cost of revenue [1],[2] 19,944 17,530
Gross profit 68,321 51,111
Operating expenses:    
Research and development [1] 26,557 20,806
Sales and marketing [1],[2] 42,091 26,050
General and administrative [1] 21,932 20,556
Restructuring 0 (66)
Total operating expenses 90,580 67,346
Loss from operations (22,259) (16,235)
Interest expense 3,086 3,659
Other non-operating (income) expense, net (1,236) (1,979)
Loss before income taxes (24,109) (17,915)
Provision for (benefit from) income taxes 141 (138)
Net loss $ (24,250) $ (17,777)
Net loss per share, basic and diluted $ (0.18) $ (0.14)
Weighted-average shares used in computing basic and diluted net loss per share 136,911 126,786
[1]

 

(1)

Includes stock-based compensation, net of amounts capitalized as follows:

 

 

 

Three Months Ended March 31,

 

(in thousands)

 

2020

 

 

2019

 

Cost of revenue

 

$

960

 

 

$

1,096

 

Research and development

 

 

6,457

 

 

 

4,766

 

Sales and marketing

 

 

4,343

 

 

 

2,780

 

General and administrative

 

 

5,742

 

 

 

6,469

 

Stock-based compensation, net of amounts capitalized

 

$

17,502

 

 

$

15,111

 

 

[2]

 

(2)

Includes amortization of acquisition intangible assets as follows:

 

 

 

Three Months Ended March 31,

 

(in thousands)

 

2020

 

 

2019

 

Cost of revenue

 

$

2,010

 

 

$

488

 

Sales and marketing

 

 

1,358

 

 

 

537

 

Amortization of acquisition intangible assets

 

$

3,368

 

 

$

1,025