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 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Net revenue $ 77,793 $ 68,353 $ 157,916 $ 138,804
Operating expenses:        
Cost of revenue [1] 18,887 20,921 38,414 41,954
Selling and marketing 18,431 19,547 36,497 40,087
Research and development 18,381 14,470 36,136 31,451
General and administrative 11,040 9,208 22,941 18,899
Depreciation and amortization 11,116 8,288 22,149 16,682
Restructuring and related 1,784 1,517 5,832 10,172
Total operating costs and expenses 79,639 73,951 161,969 159,245
Loss from operations (1,846) (5,598) (4,053) (20,441)
Other income (expense), net:        
Change in fair value of warrant liabilities (1,777) (821) (2,835) (3,537)
Interest income, net 1,262 212 2,157 207
Other income (expense), net 1,044 (548) 1,104 (361)
Total other income (expense), net 529 (1,157) 426 (3,691)
Loss before income taxes (1,317) (6,755) (3,627) (24,132)
Income tax benefit 558 12,258 298 4,423
Net (loss) income $ (759) $ 5,503 $ (3,329) $ (19,709)
Net (loss) income per share attributable to Class A and Class B common stockholders:        
Basic (USD per share) $ (0.01) $ 0.04 $ (0.03) $ (0.16)
Diluted (USD per share) $ (0.01) $ 0.04 $ (0.03) $ (0.16)
Weighted average shares of common stock outstanding:        
Basic (shares) 132,144 127,187 132,137 126,765
Diluted (shares) 132,144 146,197 132,137 126,765
[1] Amounts exclude depreciation and amortization.