CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) shares in Thousands, $ in Thousands |
Total |
Class A Common Stock |
Class B Common Stock |
Common Stock
Class A Common Stock
|
Common Stock
Class B Common Stock
|
Additional Paid in Capital |
Accumulated Deficit |
Accumulated Other Comprehensive Income |
Treasury Stock Amount |
Beginning balance (in shares) at Dec. 31, 2023 |
|
|
|
472,697
|
393,014
|
|
|
|
|
Beginning balance at Dec. 31, 2023 |
$ 840,306
|
|
|
$ 46
|
$ 39
|
$ 7,149,858
|
$ (5,933,943)
|
$ 36,488
|
$ (412,182)
|
Increase (Decrease) in Stockholders' Equity |
|
|
|
|
|
|
|
|
|
Exercise of stock options (in shares) |
|
|
|
630
|
|
|
|
|
|
Exercise of stock options |
2,857
|
|
|
|
|
2,857
|
|
|
|
Stock-based compensation |
117,702
|
|
|
|
|
117,702
|
|
|
|
Exercise of warrants (in shares) |
|
|
|
1,002
|
|
|
|
|
|
Exercise of warrants |
46,181
|
|
|
|
|
46,181
|
|
|
|
Restricted stock unit vesting (in shares) |
|
|
|
2,520
|
|
|
|
|
|
Purchase of treasury stock (in shares) |
|
|
|
(782)
|
|
|
|
|
|
Purchase of treasury stock |
(33,499)
|
|
|
|
|
|
|
|
(33,499)
|
Net income (loss) |
(142,568)
|
|
|
|
|
|
(142,568)
|
|
|
Ending balance (in shares) at Mar. 31, 2024 |
|
|
|
476,067
|
393,014
|
|
|
|
|
Ending balance at Mar. 31, 2024 |
830,979
|
|
|
$ 46
|
$ 39
|
7,316,598
|
(6,076,511)
|
36,488
|
(445,681)
|
Beginning balance (in shares) at Dec. 31, 2023 |
|
|
|
472,697
|
393,014
|
|
|
|
|
Beginning balance at Dec. 31, 2023 |
840,306
|
|
|
$ 46
|
$ 39
|
7,149,858
|
(5,933,943)
|
36,488
|
(412,182)
|
Increase (Decrease) in Stockholders' Equity |
|
|
|
|
|
|
|
|
|
Shares issued for contingent consideration |
331,557
|
|
|
|
|
|
|
|
|
Net income (loss) |
(78,746)
|
|
|
|
|
|
|
|
|
Ending balance (in shares) at Jun. 30, 2024 |
|
|
|
485,426
|
393,014
|
|
|
|
|
Ending balance at Jun. 30, 2024 |
1,298,429
|
|
|
$ 47
|
$ 39
|
7,744,638
|
(6,012,689)
|
36,488
|
(470,094)
|
Beginning balance (in shares) at Mar. 31, 2024 |
|
|
|
476,067
|
393,014
|
|
|
|
|
Beginning balance at Mar. 31, 2024 |
830,979
|
|
|
$ 46
|
$ 39
|
7,316,598
|
(6,076,511)
|
36,488
|
(445,681)
|
Increase (Decrease) in Stockholders' Equity |
|
|
|
|
|
|
|
|
|
Exercise of stock options (in shares) |
|
|
|
257
|
|
|
|
|
|
Exercise of stock options |
2,586
|
|
|
|
|
2,586
|
|
|
|
Stock-based compensation |
93,681
|
|
|
|
|
93,681
|
|
|
|
Exercise of warrants (in shares) |
|
|
|
6
|
|
|
|
|
|
Exercise of warrants |
217
|
|
|
|
|
217
|
|
|
|
Purchase of treasury stock for RSU withholding (in shares) |
|
|
|
(631)
|
|
|
|
|
|
Purchase of treasury stock for RSU withholding |
(24,413)
|
|
|
|
|
|
|
|
(24,413)
|
Shares issued for contingent consideration (in shares) |
|
|
|
7,757
|
|
|
|
|
|
Shares issued for contingent consideration |
331,557
|
|
|
$ 1
|
|
331,556
|
|
|
|
Restricted stock unit vesting (in shares) |
|
|
|
1,970
|
|
|
|
|
|
Net income (loss) |
63,822
|
|
|
|
|
|
63,822
|
|
|
Ending balance (in shares) at Jun. 30, 2024 |
|
|
|
485,426
|
393,014
|
|
|
|
|
Ending balance at Jun. 30, 2024 |
1,298,429
|
|
|
$ 47
|
$ 39
|
7,744,638
|
(6,012,689)
|
36,488
|
(470,094)
|
Beginning balance (in shares) at Dec. 31, 2024 |
|
489,071
|
393,014
|
489,071
|
393,014
|
|
|
|
|
Beginning balance at Dec. 31, 2024 |
1,010,626
|
|
|
$ 48
|
$ 39
|
7,978,425
|
(6,441,228)
|
36,488
|
(563,146)
|
Increase (Decrease) in Stockholders' Equity |
|
|
|
|
|
|
|
|
|
Exercise of stock options (in shares) |
|
|
|
1,268
|
|
|
|
|
|
Exercise of stock options |
3,396
|
|
|
|
|
3,396
|
|
|
|
Stock-based compensation |
100,380
|
|
|
|
|
100,380
|
|
|
|
Exercise of warrants (in shares) |
|
|
|
182
|
|
|
|
|
|
Exercise of warrants |
8,973
|
|
|
|
|
8,973
|
|
|
|
Purchase of treasury stock for RSU withholding (in shares) |
|
|
|
(1,519)
|
|
|
|
|
|
Purchase of treasury stock for RSU withholding |
(74,318)
|
|
|
|
|
|
|
|
(74,318)
|
Restricted stock unit vesting (in shares) |
|
|
|
11,001
|
|
|
|
|
|
Purchase of treasury stock (in shares) |
|
|
|
(3,664)
|
|
|
|
|
|
Purchase of treasury stock |
(142,278)
|
|
|
|
|
|
|
|
(142,278)
|
Net income (loss) |
(33,864)
|
|
|
|
|
|
(33,864)
|
|
|
Ending balance (in shares) at Mar. 31, 2025 |
|
|
|
496,339
|
393,014
|
|
|
|
|
Ending balance at Mar. 31, 2025 |
872,915
|
|
|
$ 48
|
$ 39
|
8,091,174
|
(6,475,092)
|
36,488
|
(779,742)
|
Beginning balance (in shares) at Dec. 31, 2024 |
|
489,071
|
393,014
|
489,071
|
393,014
|
|
|
|
|
Beginning balance at Dec. 31, 2024 |
$ 1,010,626
|
|
|
$ 48
|
$ 39
|
7,978,425
|
(6,441,228)
|
36,488
|
(563,146)
|
Increase (Decrease) in Stockholders' Equity |
|
|
|
|
|
|
|
|
|
Exercise of stock options (in shares) |
2,004
|
|
|
|
|
|
|
|
|
Shares issued for contingent consideration |
$ 4,962
|
|
|
|
|
|
|
|
|
Purchase of treasury stock (in shares) |
(6,500)
|
|
|
|
|
|
|
|
|
Purchase of treasury stock |
$ (242,700)
|
|
|
|
|
|
|
|
|
Net income (loss) |
124,072
|
|
|
|
|
|
|
|
|
Ending balance (in shares) at Jun. 30, 2025 |
|
496,051
|
393,014
|
496,051
|
393,014
|
|
|
|
|
Ending balance at Jun. 30, 2025 |
1,009,628
|
|
|
$ 48
|
$ 39
|
8,197,948
|
(6,317,156)
|
36,488
|
(907,739)
|
Beginning balance (in shares) at Mar. 31, 2025 |
|
|
|
496,339
|
393,014
|
|
|
|
|
Beginning balance at Mar. 31, 2025 |
872,915
|
|
|
$ 48
|
$ 39
|
8,091,174
|
(6,475,092)
|
36,488
|
(779,742)
|
Increase (Decrease) in Stockholders' Equity |
|
|
|
|
|
|
|
|
|
Exercise of stock options (in shares) |
|
|
|
736
|
|
|
|
|
|
Exercise of stock options |
2,908
|
|
|
|
|
2,908
|
|
|
|
Stock-based compensation |
89,792
|
|
|
|
|
89,792
|
|
|
|
Exercise of warrants (in shares) |
|
|
|
74
|
|
|
|
|
|
Exercise of warrants |
2,212
|
|
|
|
|
2,212
|
|
|
|
Purchase of treasury stock for RSU withholding (in shares) |
|
|
|
(780)
|
|
|
|
|
|
Purchase of treasury stock for RSU withholding |
(27,534)
|
|
|
|
|
|
|
|
(27,534)
|
Shares issued under ESPP (in shares) |
|
|
|
218
|
|
|
|
|
|
Shares issued under Employee Stock Purchase Plan |
6,900
|
|
|
|
|
6,900
|
|
|
|
Shares issued for contingent consideration (in shares) |
|
|
|
110
|
|
|
|
|
|
Shares issued for contingent consideration |
$ 4,962
|
|
|
|
|
4,962
|
|
|
|
Restricted stock unit vesting (in shares) |
|
|
|
2,226
|
|
|
|
|
|
Purchase of treasury stock (in shares) |
(2,900)
|
|
|
(2,872)
|
|
|
|
|
|
Purchase of treasury stock |
$ (100,463)
|
|
|
|
|
|
|
|
(100,463)
|
Net income (loss) |
157,936
|
|
|
|
|
|
157,936
|
|
|
Ending balance (in shares) at Jun. 30, 2025 |
|
496,051
|
393,014
|
496,051
|
393,014
|
|
|
|
|
Ending balance at Jun. 30, 2025 |
$ 1,009,628
|
|
|
$ 48
|
$ 39
|
$ 8,197,948
|
$ (6,317,156)
|
$ 36,488
|
$ (907,739)
|