| Schedule of Discontinued Operations |
The following table summarizes the results of the Apps Business presented as income (loss) from discontinued operations, net of income taxes, in the condensed consolidated statements of operations for the three and six months ended June 30, 2025 (in thousands): | | | | | | | | | | | | | Three Months Ended June 30, 2025 | | Six Months Ended
June 30, 2025 | | Revenue | $ | 315,783 | | | $ | 640,830 | | | Costs and expenses: | | | | | Cost of revenue | 89,890 | | | 209,442 | | | Sales and marketing | 118,974 | | | 242,547 | | | Research and development | 63,786 | | | 130,298 | | | General and administrative | 1,224 | | | 4,202 | | | Goodwill impairment | — | | | 188,943 | | | Total costs and expenses | 273,874 | | | 775,432 | | Income (loss) from operations | 41,909 | | | (134,602) | | | Other income: | | | | | Gain on divestiture, net of transaction costs | 106,229 | | | 106,229 | | | Other income, net | 1,220 | | | 1,519 | | | Total other income, net | 107,449 | | | 107,748 | | Income (loss) from discontinued operations before income taxes | 149,358 | | | (26,854) | | Provision for income taxes | 101,683 | | | 72,590 | | Income (loss) from discontinued operations, net of income taxes | $ | 47,675 | | | $ | (99,444) | |
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 six months ended June 30, 2025 (in thousands): | | | | | | | Six Months Ended
June 30, 2025 | Amortization, depreciation and write-offs | $ | 64,054 | | Stock-based compensation | $ | 3,663 | | Goodwill impairment | $ | 188,943 | | Acquisition of intangible assets | $ | 22,429 | |
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