|
|
Three Months Ended March 31, |
|
|||||
|
|
2022 |
|
|
2021 |
|
||
|
|
(dollars in thousands) |
|
|||||
Revenue |
|
$ |
159,516 |
|
|
$ |
113,938 |
|
Loss from operations |
|
|
(71,137 |
) |
|
|
(12,858 |
) |
Stock-based compensation expense |
|
|
37,209 |
|
|
|
10,303 |
|
Amortization of acquired intangible assets |
|
|
9,662 |
|
|
|
1,748 |
|
Employer payroll tax on employee stock transactions |
|
|
2,261 |
|
|
|
300 |
|
Acquisition-related expenses |
|
|
2,346 |
|
|
|
- |
|
Non-GAAP loss from operations |
|
$ |
(19,659 |
) |
|
$ |
(507 |
) |
Operating margin |
|
|
(45 |
%) |
|
|
(11 |
%) |
Non-GAAP operating margin |
|
|
(12 |
%) |
|
|
(0 |
%) |
Reconciliation of net loss and net loss per share to non-GAAP net loss and non-GAAP net loss per share:
|
|
Three Months Ended March 31, |
|
|||||
|
|
2022 |
|
|
2021 |
|
||
|
|
|
(dollars in thousands) |
|
|||||
| Revenue |
|
$ |
159,516 |
|
|
$ |
113,938 |
|
| Net loss |
|
|
(71,419 |
) |
|
|
(13,732 |
) |
| Stock-based compensation expense |
|
|
37,209 |
|
|
|
10,303 |
|
| Amortization of acquired intangible assets |
|
|
9,662 |
|
|
|
1,748 |
|
| Employer payroll tax on employee stock transactions |
|
|
2,261 |
|
|
|
300 |
|
| Acquisition-related expenses |
|
|
2,346 |
|
|
|
- |
|
| Non-GAAP net loss |
|
$ |
(19,941 |
) |
|
$ |
(1,381 |
) |
|
|
|
|
|
|
|
|
|
|
| Numerator: |
|
|
|
|
|
|
|
|
| Non-GAAP net loss |
|
$ |
(19,941 |
) |
|
$ |
(1,381 |
) |
|
|
|
|
|
|
|
|
|
|
| Denominator: |
|
|
|
|
|
|
|
|
| Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted |
|
|
134,530,010 |
|
|
|
31,357,060 |
|
|
|
|
|
|
|
|
|
|
|
| GAAP net loss per share, basic and diluted |
|
$ |
(0.53 |
) |
|
$ |
(0.44 |
) |
| Non-GAAP net loss per share, basic and diluted |
|
$ |
(0.15 |
) |
|
$ |
(0.04 |
) |
