Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Net revenue $ 75,858 $ 72,127 $ 233,774 $ 210,931
Operating expenses:        
Cost of revenue [1] 19,862 21,703 58,276 63,657
Selling and marketing 18,786 19,249 55,283 59,336
Research and development 17,367 15,110 53,503 46,561
General and administrative 10,747 9,864 33,688 28,763
Depreciation and amortization 11,537 8,583 33,686 25,265
Restructuring and related 1,280 796 7,112 10,968
Total operating costs and expenses 79,579 75,305 241,548 234,550
Loss from operations (3,721) (3,178) (7,774) (23,619)
Other income (expense), net:        
Change in fair value of warrant liabilities 4,216 4,676 1,381 1,139
Interest income, net 1,364 843 3,521 1,050
Other (loss) income, net (198) (475) 906 (836)
Total other income, net 5,382 5,044 5,808 1,353
Income (loss) before income taxes 1,661 1,866 (1,966) (22,266)
Income tax benefit 2,139 1,763 2,437 6,186
Net income (loss) $ 3,800 $ 3,629 $ 471 $ (16,080)
Net income (loss) attributable to common stockholders per share:        
Basic (USD per share) $ 0.03 $ 0.03 $ 0 $ (0.13)
Diluted (USD per share) $ 0.03 $ 0.02 $ 0 $ (0.13)
Weighted average shares of common stock outstanding:        
Basic (shares) 133,351 129,032 132,546 127,529
Diluted (shares) 149,655 146,920 148,911 127,529
[1] Amounts exclude depreciation and amortization.