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, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Net revenues $ 70,571 $ 69,711 $ 215,490 $ 205,883
Operating expenses:        
Cost of revenue [1] 22,282 23,840 69,802 70,199
Selling and marketing 19,274 15,078 60,461 41,232
Research and development 14,509 14,812 46,551 35,942
General and administrative 8,092 4,362 24,769 13,883
Depreciation and amortization 7,213 5,577 20,145 16,405
Total operating costs and expenses 71,370 63,669 221,728 177,661
Income (loss) from operations (799) 6,042 (6,238) 28,222
Other income (expense), net:        
Change in fair value of warrant liabilities 11,876 0 11,986 0
Interest expense, net (57) (107) (206) (94)
Other income (expense), net (113) 494 (242) 509
Total other income, net 11,706 387 11,538 415
Income before income taxes 10,907 6,429 5,300 28,637
Income tax benefit (expense) 329 (1,309) 4,819 (5,066)
Net income $ 11,236 $ 5,120 $ 10,119 $ 23,571
Net income per share attributable to Class A and Class B common stockholders:        
Basic (USD per share) $ 0.09 $ 0.06 $ 0.09 $ 0.25
Diluted (USD per share) $ 0.08 $ 0.05 $ 0.08 $ 0.23
Weighted average shares of common stock outstanding:        
Basic (shares) 125,823 92,596 106,880 92,879
Diluted (shares) 138,795 105,078 120,516 101,876
[1] Amounts exclude depreciation and amortization.