Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

v3.22.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Net revenue $ 287,419 $ 269,882 $ 239,421
Operating expenses:      
Cost of revenue [1] 91,642 91,469 80,267
Selling and marketing 79,042 57,124 59,931
Research and development 61,343 51,696 38,986
General and administrative 27,902 16,960 16,712
Depreciation and amortization 27,398 22,192 25,154
Restructuring and related 3,082 20,092 1,234
Total operating costs and expenses 290,409 259,533 222,284
Income (loss) from operations (2,990) 10,349 17,137
Other income (expense), net:      
Change in fair value of warrant liabilities 13,933 0 0
Interest expense, net (235) (142) (264)
Other income (expense), net (229) 929 716
Total other income, net 13,469 787 452
Income before income taxes 10,479 11,136 17,589
Income tax benefit (expense) 258 1,671 (3,975)
Net income $ 10,737 $ 12,807 $ 13,614
Net income per share attributable to Class A and Class B common stockholders:      
Basic (USD per share) $ 0.10 $ 0.14 $ 0.15
Diluted (USD per share) $ 0.09 $ 0.12 $ 0.14
Weighted average shares of common stock outstanding:      
Basic (shares) 111,718 92,917 92,439
Diluted (shares) 124,898 103,203 97,031
[1] Amounts exclude depreciation and amortization.