Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue | 915,000,000 | 1,567,000,000 | 1,153,000,000 | 1,084,000,000 | 1,377,000,000 | 1,511,000,000 | 1,181,000,000 | 870,000,000 | 980,000,000 | 1,976,000,000 | 3,120,000,000 | 2,857,000,000 | 3,361,000,000 | 4,198,000,000 | 5,151,000,000 | 3,821,986,000 | 2,266,354,000 | 1,185,386,000 | 747,274,000 | |
yoy | -33.55% | 3.71% | -2.37% | 24.60% | 40.51% | -23.53% | -62.15% | -69.55% | -70.84% | -52.93% | -39.43% | -25.25% | 48.30% | 254.15% | 589.31% | |||||
qoq | -41.61% | 35.91% | 6.37% | -21.28% | -8.87% | 27.94% | 35.75% | -11.22% | -50.40% | -36.67% | 9.21% | -15.00% | -19.94% | -18.50% | 34.77% | 68.64% | 91.19% | 58.63% | ||
cost of revenue | 849,000,000 | 1,439,000,000 | 1,054,000,000 | 999,000,000 | 1,272,000,000 | 1,382,000,000 | 1,067,000,000 | 798,000,000 | 884,000,000 | 1,827,000,000 | 2,950,000,000 | 2,786,000,000 | 3,786,000,000 | 3,712,000,000 | 4,616,000,000 | 3,550,378,000 | 2,063,865,000 | 1,026,615,000 | 650,142,000 | |
gross profit | 66,000,000 | 128,000,000 | 99,000,000 | 85,000,000 | 105,000,000 | 129,000,000 | 114,000,000 | 72,000,000 | 96,000,000 | 149,000,000 | 170,000,000 | 71,000,000 | -425,000,000 | 486,000,000 | 535,000,000 | 271,608,000 | 202,489,000 | 158,771,000 | 97,132,000 | |
yoy | -37.14% | -0.78% | -13.16% | 18.06% | 9.38% | -13.42% | -32.94% | 1.41% | -122.59% | -69.34% | -68.22% | -73.86% | -309.89% | 206.10% | 450.80% | |||||
qoq | -48.44% | 29.29% | 16.47% | -19.05% | -18.60% | 13.16% | 58.33% | -25.00% | -35.57% | -12.35% | 139.44% | -116.71% | -187.45% | -9.16% | 96.98% | 34.13% | 27.54% | 63.46% | ||
gross margin % | 7.21% | 8.17% | 8.59% | 7.84% | 7.63% | 8.54% | 9.65% | 8.28% | 9.80% | 7.54% | 5.45% | 2.49% | -12.65% | 11.58% | 10.39% | 7.11% | 8.93% | 13.39% | 13.00% | |
operating expenses: | ||||||||||||||||||||
sales, marketing and operations | 66,000,000 | 86,000,000 | 98,000,000 | 88,000,000 | 96,000,000 | 116,000,000 | 113,000,000 | 89,000,000 | 85,000,000 | 124,000,000 | 188,000,000 | 194,000,000 | 260,000,000 | 276,000,000 | 276,000,000 | 224,913,000 | 153,496,000 | 96,525,000 | 69,066,000 | |
general and administrative | 48,000,000 | 28,000,000 | 33,000,000 | 41,000,000 | 46,000,000 | 48,000,000 | 47,000,000 | 48,000,000 | 48,000,000 | 44,000,000 | 66,000,000 | 23,000,000 | 85,000,000 | 137,000,000 | 101,000,000 | 117,200,000 | 90,105,000 | 190,611,000 | 222,084,000 | |
technology and development | 19,000,000 | 21,000,000 | 21,000,000 | 33,000,000 | 30,000,000 | 37,000,000 | 41,000,000 | 46,000,000 | 42,000,000 | 39,000,000 | 40,000,000 | 48,000,000 | 40,000,000 | 41,000,000 | 40,000,000 | 31,640,000 | 27,295,000 | 24,388,000 | 50,677,000 | |
restructuring | 1,000,000 | 6,000,000 | 3,000,000 | 4,000,000 | 10,000,000 | |||||||||||||||
total operating expenses | 134,000,000 | 141,000,000 | 155,000,000 | 179,000,000 | 172,000,000 | 201,000,000 | 201,000,000 | 187,000,000 | 175,000,000 | 217,000,000 | 294,000,000 | 342,000,000 | 385,000,000 | 454,000,000 | 417,000,000 | 373,753,000 | 270,896,000 | 311,524,000 | 341,827,000 | |
income from operations | -68,000,000 | -13,000,000 | -56,000,000 | -94,000,000 | -67,000,000 | -72,000,000 | -87,000,000 | -115,000,000 | -79,000,000 | -68,000,000 | -124,000,000 | -271,000,000 | -810,000,000 | 32,000,000 | 118,000,000 | -102,145,000 | -68,407,000 | -152,753,000 | -244,695,000 | |
yoy | 1.49% | -81.94% | -35.63% | -18.26% | -15.19% | 5.88% | -29.84% | -57.56% | -90.25% | -312.50% | -205.08% | 165.31% | 1084.09% | -120.95% | -148.22% | |||||
qoq | 423.08% | -76.79% | -40.43% | 40.30% | -6.94% | -17.24% | -24.35% | 45.57% | 16.18% | -45.16% | -54.24% | -66.54% | -2631.25% | -72.88% | -215.52% | 49.32% | -55.22% | -37.57% | ||
operating margin % | -7.43% | -0.83% | -4.86% | -8.67% | -4.87% | -4.77% | -7.37% | -13.22% | -8.06% | -3.44% | -3.97% | -9.49% | -24.10% | 0.76% | 2.29% | -2.67% | -3.02% | -12.89% | -32.75% | |
gain on extinguishment of debt | -1,000,000 | 10,000,000 | -1,000,000 | -1,000,000 | 34,000,000 | 104,000,000 | 78,000,000 | |||||||||||||
interest expense | -34,000,000 | -36,000,000 | -33,000,000 | -32,000,000 | -34,000,000 | -30,000,000 | -37,000,000 | -37,000,000 | -47,000,000 | -53,000,000 | -74,000,000 | -113,000,000 | -115,000,000 | -89,000,000 | -68,000,000 | -72,625,000 | -43,550,000 | -15,826,000 | -10,999,000 | |
other income – net | 14,000,000 | 10,000,000 | 4,000,000 | 14,000,000 | 23,000,000 | 12,000,000 | 15,000,000 | 27,000,000 | 20,000,000 | 41,000,000 | 19,000,000 | 10,000,000 | -2,000,000 | 4,000,000 | -22,000,000 | -15,601,000 | 51,965,000 | 1,012,000 | 624,000 | |
income before income taxes | -89,000,000 | -29,000,000 | -85,000,000 | -113,000,000 | -78,000,000 | -91,000,000 | -109,000,000 | -91,000,000 | -106,000,000 | 24,000,000 | -101,000,000 | -399,000,000 | -927,000,000 | -53,000,000 | 28,000,000 | -190,550,000 | -56,493,000 | -143,615,000 | -270,342,000 | |
income tax expense | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -390,000 | -326,000 | -190,000 | -94,000 | |||||||||||
net income | -90,000,000 | -29,000,000 | -85,000,000 | -113,000,000 | -78,000,000 | -92,000,000 | -109,000,000 | -91,000,000 | -106,000,000 | 23,000,000 | -101,000,000 | -399,000,000 | -928,000,000 | -54,000,000 | 28,000,000 | -190,940,000 | -56,819,000 | -143,805,000 | -270,436,000 | |
yoy | 15.38% | -68.48% | -22.02% | 24.18% | -26.42% | -500.00% | 7.92% | -77.19% | -88.58% | -142.59% | -460.71% | 108.97% | 1533.26% | -62.45% | -110.35% | |||||
qoq | 210.34% | -65.88% | -24.78% | 44.87% | -15.22% | -15.60% | 19.78% | -14.15% | -560.87% | -122.77% | -74.69% | -57.00% | 1618.52% | -292.86% | -114.66% | 236.05% | -60.49% | -46.82% | ||
net income margin % | -9.84% | -1.85% | -7.37% | -10.42% | -5.66% | -6.09% | -9.23% | -10.46% | -10.82% | 1.16% | -3.24% | -13.97% | -27.61% | -1.29% | 0.54% | -5.00% | -2.51% | -12.13% | -36.19% | |
net income per share | ||||||||||||||||||||
basic | -0.12 | -0.04 | -0.12 | -0.16 | -0.11 | -0.13 | -0.16 | -0.14 | -0.16 | 0.04 | -0.16 | -0.63 | -1.47 | -0.09 | 0.05 | -0.32 | -0.09 | -0.24 | -0.48 | |
diluted | -0.12 | -0.04 | -0.12 | -0.16 | -0.11 | -0.13 | -0.16 | -0.14 | -0.16 | 0.03 | -0.16 | -0.63 | -1.47 | -0.09 | 0.04 | -0.32 | -0.09 | -0.24 | -0.48 | |
weighted-average shares outstanding: | ||||||||||||||||||||
basic | 741,939 | 729,484 | 723,542 | 699,457 | 705,359 | 693,445 | 682,457 | 657,111 | 662,149 | 646,062 | 641,916 | 627,105 | 629,535 | 624,958 | 619,137 | 592,574 | 603,389 | 588,374 | 565,381 | |
diluted | 741,939 | 729,484 | 723,542 | 699,457 | 705,359 | 693,445 | 682,457 | 657,111 | 662,149 | 667,159 | 641,916 | 627,105 | 629,535 | 624,958 | 640,785 | 592,574 | 603,389 | 588,374 | 565,381 | |
warrant fair value adjustment | ||||||||||||||||||||
derivative and warrant fair value adjustment | -179,000 | 3,499,000 | 23,952,000 | -15,272,000 |
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.
