v3.26.1
Discontinued Operations (Tables)
 3 Months Ended
Mar. 31, 2026
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations
The following table summarizes the results of the Apps Business presented as loss from discontinued operations, net of income taxes, in the condensed consolidated statements of operations for the three months ended March 31, 2025 (in thousands):
Three Months Ended March 31, 2025
Revenue$325,047 
Costs and expenses:
Cost of revenue119,552 
Sales and marketing123,573 
Research and development66,512 
General and administrative2,978 
Goodwill impairment188,943 
Total costs and expenses501,558 
Loss from operations(176,511)
Other income:
Other income, net299 
Total other income, net299 
Loss from discontinued operations before income taxes(176,212)
Benefit from income taxes(29,093)
Loss from discontinued operations, net of income taxes$(147,119)
The following table summarizes significant non-cash operating items and capital expenditures related to discontinued operations, as reflected in the condensed consolidated statements of cash flows for the three months ended March 31, 2025 (in thousands):
Three Months Ended March 31, 2025
Amortization, depreciation and write-offs
$47,941 
Stock-based compensation
$2,268 
Goodwill impairment
$188,943 
Acquisition of intangible assets
$1,542