Schedule of Segment Information |
The following table summarizes segment information for the three and six months ended June 30, 2025, and 2024 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | 2025 | | 2024 | | 2025 | | 2024 | Net revenue | | $ | 181,330 | | | $ | 164,502 | | | $ | 349,365 | | | $ | 320,742 | | Less: | | | | | | | | | Amortization | | 8,124 | | | 8,362 | | | 16,486 | | | 16,724 | | Depreciation | | 9,141 | | | 9,746 | | | 18,507 | | | 19,652 | | Stock-based compensation | | 12,215 | | | 8,840 | | | 22,969 | | | 16,614 | | Other cost of revenue(1) | | 95,525 | | | 82,361 | | | 181,342 | | | 163,361 | | Other general and administrative(1) | | 52,836 | | | 47,502 | | | 103,585 | | | 98,245 | | Other research and development(1) | | 7,859 | | | 7,172 | | | 16,961 | | | 14,127 | | Other sales and marketing(1) | | 23,217 | | | 20,916 | | | 44,927 | | | 40,585 | | Restructuring charges | | — | | | 1,544 | | | — | | | 3,942 | | Impairment charges | | 20,041 | | | — | | | 20,041 | | | — | | Loss from operations | | (47,628) | | | (21,941) | | | (75,453) | | | (52,508) | | Interest income | | (2,263) | | | (4,592) | | | (5,984) | | | (9,426) | | Interest expense | | 933 | | | 1,666 | | | 2,551 | | | 3,351 | | Other expense (income) | | (482) | | | 2 | | | (547) | | | 265 | | Loss before taxes | | (45,816) | | | (19,017) | | | (71,473) | | | (46,698) | | Income tax expense (benefit) | | (724) | | | (375) | | | (458) | | | (995) | | Net loss | | $ | (45,092) | | | $ | (18,642) | | | $ | (71,015) | | | $ | (45,703) | | | | | | | | | | | | | | | | | | | |
(1) Excludes amounts related to amortization, depreciation, and stock-based compensation, as applicable.
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