Schedule of Segment Reporting Information, by Segment |
The following table provides information about the Company's reportable segments and a reconciliation of the total segment adjusted EBITDA to consolidated income (loss) before income taxes (in thousands). For comparative purposes, amounts in prior periods have been recast: | | | | | | | | | | | | | | | | | | | As of December 31, | | 2023 | | 2022 | | 2021 | Revenue: | | | | | | Software Platform | $ | 1,841,762 | | | $ | 1,049,167 | | | $ | 673,952 | | Apps | 1,441,325 | | | 1,767,891 | | | 2,119,152 | | Total Revenue | $ | 3,283,087 | | | $ | 2,817,058 | | | $ | 2,793,104 | | | | | | | | Segment Adjusted EBITDA: | | | | | | Software Platform | $ | 1,275,705 | | | $ | 808,415 | | | $ | 457,302 | | Apps | 226,953 | | | 254,795 | | | 269,512 | | Total Segment Adjusted EBITDA | $ | 1,502,658 | | | $ | 1,063,210 | | | $ | 726,814 | | | | | | | | Interest expense and loss on settlement of debt | $ | (275,665) | | | $ | (171,863) | | | $ | (103,170) | | Other income (expense), net | 7,831 | | | 18,647 | | | 7,545 | | Amortization, depreciation and write-offs | (489,008) | | | (547,084) | | | (431,063) | | Impairment and loss on disposal of long-lived assets | — | | | (127,892) | | | — | | Non-operating foreign exchange gain | 1,224 | | | 164 | | | 1,537 | | Stock-based compensation | (363,107) | | | (191,612) | | | (135,468) | | Acquisition-related expense and transaction bonus | (1,047) | | | (21,279) | | | (16,887) | | Publisher bonuses | — | | | (209,635) | | | (3,227) | | MoPub acquisition transition services | — | | | (6,999) | | | — | | Restructuring costs | (2,316) | | | (10,834) | | | — | | Change in fair value of contingent consideration | — | | | — | | | 230 | | Income (loss) before provision for tax | $ | 380,570 | | | $ | (205,177) | | | $ | 46,311 | |
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Schedule of Property and Equipment, Net |
The following table presents long-lived assets by geographic area which consist of property and equipment, net (in thousands): | | | | | | | | | | | | | As of December 31, | | 2023 | | 2022 | United States | $ | 47,612 | | | $ | 25,548 | | Germany | 79,863 | | | 32,044 | | Netherlands | 45,307 | | | 20,629 | | All other countries | 549 | | | 322 | | Total property and equipment, net | $ | 173,331 | | | $ | 78,543 | |
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