0001286139-23-000078 | 10-Q | XBRL Viewer

Cover - shares	3 Months Ended
Cover - shares	Mar. 31, 2023	May 05, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2023
Document Transition Report	false
Entity File Number	001-35618
Entity Registrant Name	LegalZoom.com, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	95-4752856
Entity Address, Address Line One	101 North Brand Boulevard
Entity Address, Address Line Two	11th Floor
Entity Address, City or Town	Glendale
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	91203
City Area Code	323
Local Phone Number	962-8600
Title of 12(b) Security	Common Stock, par value $0.001 per share
Trading Symbol	LZ
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		191,117,738
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
Entity Central Index Key	0001286139
Entity Filer Category	Large Accelerated Filer

Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 204,126	$ 189,082
Accounts receivable, net of allowances of $4,870 and $4,730, respectively	15,766	13,177
Prepaid expenses and other current assets	19,581	16,699
Current assets held for sale	22,722	22,722
Total current assets	262,195	241,680
Property and equipment, net	34,446	30,823
Goodwill	63,247	63,229
Intangible assets, net	17,566	18,900
Operating lease right-of-use assets	10,461	11,148
Deferred income taxes	26,682	29,380
Available-for-sale debt securities	1,000	995
Other assets	8,755	9,240
Total assets	424,352	405,395
Current liabilities:
Accounts payable	25,803	25,312
Accrued expenses and other current liabilities	51,682	57,373
Deferred revenue	181,219	164,200
Operating lease liabilities	2,351	2,317
Total current liabilities	261,055	249,202
Operating lease liabilities, non-current	8,353	8,958
Deferred revenue	794	892
Other liabilities	4,133	3,968
Total liabilities	274,335	263,020
Commitments and contingencies (Note 7)
Stockholders’ equity:
Preferred stock, $0.001 par value; 100,000 shares authorized at March 31, 2023 and December 31, 2022, none issued or outstanding at March 31, 2023 and December 31, 2022	0	0
Common stock, $0.001 par value; 1,000,000 shares authorized; 191,244 shares and 190,822 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively	190	190
Additional paid-in capital	1,049,948	1,032,550
Accumulated deficit	(900,987)	(891,862)
Accumulated other comprehensive income	866	1,497
Total stockholders’ equity	150,017	142,375
Total liabilities and stockholders’ equity	$ 424,352	$ 405,395

Unaudited Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Allowance for credit loss	$ 4,870	$ 4,730	$ 3,633	$ 4,060
Preferred stock par value (in dollars per share)	$ 0.001	$ 0.001	$ 0.001
Preferred stock shares authorized (in shares)	100,000,000	100,000,000	100,000
Preferred stock shares issued (in shares)	0	0	0
Preferred stock shares outstanding (in shares)	0	0	0
Common stock par value (in dollars per share)	$ 0.001	$ 0.001	$ 0.001
Common stock shares authorized (in shares)	1,000,000,000	1,000,000,000	1,000,000
Common stock shares issued (in shares)	191,244,000	190,822,000	198,599
Common stock shares outstanding (in shares)	191,244,000	190,822,000	198,599

Unaudited Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Income Statement [Abstract]
Revenue	$ 165,936	$ 155,427
Cost of revenue	60,395	56,182
Gross profit	105,541	99,245
Operating expenses:
Sales and marketing	60,150	76,874
Technology and development	19,683	17,959
General and administrative	26,504	29,488
Total operating expenses	106,337	124,321
Loss from operations	(796)	(25,076)
Interest income (expense), net	1,581	(53)
Other income (expense), net	694	(1,544)
Income (loss) before income taxes	1,479	(26,673)
Provision for (benefit from) income taxes	3,837	(920)
Net loss	$ (2,358)	$ (25,753)
Net loss per share attributable to common stockholders—basic (in dollars per share)	$ (0.01)	$ (0.13)
Net loss per share attributable to common stockholders—diluted (in dollar per share)	$ (0.01)	$ (0.13)
Weighted-average shares used to compute net loss per share attributable to common stockholders—basic (in shares)	191,293,000	198,265,000
Weighted-average shares used to compute net loss per share attributable to common stockholders—diluted (in shares)	191,293,000	198,265,000

Unaudited Condensed Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Statement of Comprehensive Income [Abstract]
Net loss	$ (2,358)	$ (25,753)
Other comprehensive income, net of tax:
Change in foreign currency translation adjustments	(631)	1,402
Change in available-for-sale debt securities due to unrealized gains	0	38
Total other comprehensive (loss) income	(631)	1,440
Total comprehensive loss	$ (2,989)	$ (24,313)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(22))
-URI https://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 4
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22595-107794

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(18))
-URI https://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 1
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=126732423&loc=SL123482106-238011

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 50
-Paragraph 6
-URI https://asc.fasb.org/extlink&oid=124431353&loc=SL124452729-227067

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(5))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(20))
-URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3602-108585

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iv))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iii)(A))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(i))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(i))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 9
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22663-107794

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iv))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 17: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(ii))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=123596393&loc=d3e14064-108612

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22583-107794

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 60B
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126958026&loc=SL5780133-109256

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 8
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22658-107794

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669619-108580

Reference 25: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 7
-URI https://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760

Reference 29: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1B
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669625-108580

Reference 30: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 31: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(5))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 32: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(B))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 33: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(A))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 34: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

Reference 35: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

+ Details

- Definition

Amount after tax and reclassification adjustments of other comprehensive income (loss).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669619-108580

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 50
-Paragraph 4
-URI https://asc.fasb.org/extlink&oid=124431353&loc=SL124442407-227067

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 2
-URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21463-112644

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 45
-Paragraph 17
-URI https://asc.fasb.org/extlink&oid=118261656&loc=d3e32136-110900

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(21))
-URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 55
-Paragraph 15
-URI https://asc.fasb.org/extlink&oid=124507222&loc=d3e1436-108581

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 45
-Paragraph 20
-URI https://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 50
-Paragraph 5
-URI https://asc.fasb.org/extlink&oid=124431353&loc=SL124442411-227067

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1B
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669625-108580

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(23))
-URI https://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-URI https://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263

+ Details

Unaudited Condensed Consolidated Statements of Stockholders’ Equity - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-In Capital	Accumulated Deficit	Accumulated Other Comprehensive (Loss) Income
Beginning balance, shares at Dec. 31, 2021		198,084,000
Beginning balance at Dec. 31, 2021	$ 197,551	$ 198	$ 947,160	$ (748,012)	$ (1,795)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock upon exercise of stock options (in shares)		202,000
Issuance of common stock upon exercise of stock options	225		225
Issuance of common stock upon vesting of restricted stock awards and ESPP (in shares)		392,000
Stock-based compensation	22,346		22,346
Repurchased common stock (in shares)		(79,000)
Repurchased common stock	(1,102)			(1,102)
Other comprehensive income	1,440				1,440
Net loss	(25,753)			(25,753)
Ending balance, shares at Mar. 31, 2022		198,599,000
Ending balance at Mar. 31, 2022	194,707	$ 198	969,731	(774,867)	(355)
Beginning balance, shares at Dec. 31, 2022		190,822,000
Beginning balance at Dec. 31, 2022	142,375	$ 190	1,032,550	(891,862)	1,497
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock upon exercise of stock options (in shares)		28,000
Issuance of common stock upon exercise of stock options	22		22
Issuance of common stock upon vesting of restricted stock awards and ESPP (in shares)		1,164,000
Issuance of common stock upon vesting of restricted stock awards	0	$ 1	(1)
Stock-based compensation	$ 17,378		17,378
Repurchased common stock (in shares)	(770,717)	(771,000)
Repurchased common stock	$ (6,768)	$ (1)		(6,767)
Other comprehensive income	(631)				(631)
Net loss	(2,358)			(2,358)
Ending balance, shares at Mar. 31, 2023		191,244,000
Ending balance at Mar. 31, 2023	$ 150,017	$ 190	$ 1,049,948	$ (900,987)	$ 866

Unaudited Condensed Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash flows from operating activities
Net loss	$ (2,358)	$ (25,753)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	5,569	5,394
Amortization of right-of-use assets	687	378
Amortization of debt issuance costs	56	56
Impairment of other equity security	0	170
Stock-based compensation	16,467	21,865
Deferred income taxes	2,763	(1,086)
Change in fair value of contingent consideration	(631)	0
Unrealized foreign exchange (gain) loss	(579)	1,379
Changes in operating assets and liabilities:
Accounts receivable	(2,588)	(2,755)
Prepaid expenses and other current assets	(2,869)	(6,464)
Other assets	348	(811)
Accounts payable	936	(117)
Accrued expenses and other liabilities	(4,947)	5,772
Operating lease liabilities	(572)	(770)
Income tax payable	7	7
Deferred revenue	16,918	16,472
Net cash provided by operating activities	29,208	13,737
Cash flows from investing activities
Proceeds from acquisition working capital adjustment	0	304
Purchase of property and equipment	(7,428)	(4,911)
Net cash used in investing activities	(7,428)	(4,607)
Cash flows from financing activities
Repayment of capital lease obligations	(9)	(4)
Repurchase of common stock	(6,768)	(1,094)
Shares surrendered for settlement of minimum statutory tax withholding	0	(11)
Proceeds from issuance of stock under employee stock plans	22	237
Net cash used in financing activities	(6,755)	(872)
Effect of exchange rate changes on cash and cash equivalents	19	(51)
Net increase in cash and cash equivalents	15,044	8,207
Cash and cash equivalents, at beginning of the period	189,082	239,297
Cash and cash equivalents, at end of the period	204,126	247,504
Non-cash operating, investing, and financing activities:
Purchase of property and equipment included in accounts payable and accrued expenses and other current liabilities	1,120	764
Capitalized stock-based compensation	911	481
Right-of-use assets under operating leases	$ 0	$ 5,670

Description of the Business	3 Months Ended
Description of the Business	Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of the Business	Description of the Business LegalZoom.com, Inc. was initially formed as a California corporation in 1999 and reincorporated as a Delaware corporation in 2007. LegalZoom.com, Inc. and its wholly owned subsidiaries are referred to herein as the “Company”, “we,” “us,” or “our”. We are a provider of services that meet the legal needs of small businesses and consumers. Our position at business inception allows us to become a trusted business advisor, supporting the evolving needs of a new business across its lifecycle. Along with business formation, our offerings include ongoing compliance and tax advice and filings, virtual mailbox solutions, trademark filings, and estate plans. Additionally, we have insights into our customers and leverage our offerings as a channel to introduce small businesses to leading brands in our partner ecosystem, solving even more of their business needs.

Restatement

3 Months Ended

Mar. 31, 2023

Accounting Changes and Error Corrections [Abstract]

Restatement

As previously disclosed on February 17 and February 27, 2023, in connection with the preparation of our consolidated financial statements for the year ended December 31, 2022, we identified tax errors within our previously issued unaudited condensed consolidated financial statements as of and for the quarterly and year to date periods ended March 31, 2022, or Q1 2022, June 30, 2022, or Q2 2022, and September 30, 2022, or Q3 2022, as included in our previously filed Quarterly Reports on Form 10-Q. Specifically, within our income tax provision there was an error relating to the identification of named executive officers subject to limitation on the deductibility of executive compensation under Internal Revenue Code Section 162(m), or Section 162(m).

As a result of this error, Q1 2022 deferred tax assets were understated and the provision for income taxes was overstated by $3.9 million, reflecting a discrete impact of $2.4 million and a $1.5 million impact resulting from the error in the annual effective tax rate. The Section 162(m) error also had the impact of a $0.2 million understatement of the benefit for income taxes and a $4.1 million overstatement of the provision for income taxes for the three and six months ended June 30, 2022, respectively, and a $1.2 million overstatement of the benefit for income taxes and a $2.8 million overstatement of the provision for income taxes for the three and nine months ended September 30, 2022, respectively, and the associated impacts on deferred tax assets. Management concluded that such errors resulted in the previously issued Q1 2022, Q2 2022, and Q3 2022 unaudited condensed consolidated financial statements, including the respective year-to-date periods, being materially misstated and therefore require restatement.

In connection with the tax errors noted above, we are also correcting other previously identified immaterial errors related to: i) $1.2 million of revenue and $0.2 million of associated costs of revenue that should have been recognized in Q1 2022, and which were initially corrected for as an out of period correction in Q2 2022; ii) $1.2 million of a late customer acquisition marketing, or CAM credit, that should have been recognized as a reduction to sales and marketing expense in Q2 2022, and which was initially corrected for as an out of period adjustment in Q3 2022; and iii) $0.9 million of revenue and $0.3 million of associated costs of revenue that should have been recognized in Q3 2022.

Description of Restatement of Financial Information

In the following tables, we have presented a reconciliation of our unaudited condensed consolidated financial information as originally reported, to the as restated amounts as of and for the three months ended March 31, 2022. The restatements for the three and six months ended June 30, 2022, and the three and nine months ended September 30, 2022 will be effected in future filings of our 2023 unaudited condensed consolidated financial statements within our Quarterly Reports on Form 10-Q.

The table below sets forth the unaudited condensed consolidated balance sheet information, including the balances as reported, adjustments and the balances as restated (in thousands, except per share amounts):


	March 31, 2022
		As Reported		Adjustments		As Restated
Assets
Current assets:
Cash and cash equivalents		$	247,504	$	—	$	247,504
Accounts receivable, net of allowances of $3,633		12,784		605		13,389
Prepaid expenses and other current assets		23,172		(242)		22,930

Total current assets		283,460		363		283,823
Property and equipment, net		47,769		—		47,769


	March 31, 2022
		As Reported		Adjustments		As Restated
Goodwill		59,994		—		59,994
Intangible assets, net		15,361		—		15,361
Operating lease right-of-use assets		5,292		—		5,292
Deferred income taxes		24,849		3,877		28,726
Available-for-sale debt securities		1,182		—		1,182
Other assets		13,157		—		13,157
Total assets		$	451,064	$	4,240	$	455,304
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable		31,747		—		31,747
Accrued expenses and other current liabilities		56,509		97		56,606
Deferred revenue		163,729		(713)		163,016
Operating lease liabilities		1,607		—		1,607
Total current liabilities		253,592		(616)		252,976
Operating lease liabilities, non-current		3,505		—		3,505
Deferred revenue		1,283		—		1,283
Other liabilities		2,833		—		2,833
Total liabilities		261,213		(616)		260,597
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $0.001 par value; 100,000 shares authorized; 0 issued or outstanding at March 31, 2022		—		—		—
Common stock, $0.001 par value; 1,000,000 shares authorized; 198,599 shares issued and outstanding at March 31, 2022		198		—		198
Additional paid-in capital		969,731		—		969,731
Accumulated deficit		(779,723)		4,856		(774,867)
Accumulated other comprehensive income (loss)		(355)		—		(355)
Total stockholders’ equity		189,851		4,856		194,707
Total liabilities and stockholders’ equity		$	451,064	$	4,240	$	455,304

The table below sets forth the unaudited condensed consolidated statement of operations, including the balances as reported, adjustments and the as restated balances (in thousands, except per share amounts):


		Three Months Ended
	March 31, 2022
			As Reported		Adjustments		As Restated
Revenue			$	154,209	$	1,218	$	155,427
Cost of revenue			55,940		242		56,182
Gross profit			98,269		976		99,245
Operating expenses:
Sales and marketing			76,874		—		76,874
Technology and development			17,959		—		17,959
General and administrative			29,488		—		29,488

Total operating expenses			124,321		—		124,321
Loss from operations			(26,052)		976		(25,076)
Interest (expense) income, net			(53)		—		(53)
Other expense, net			(1,544)		—		(1,544)
Loss before income taxes			(27,649)		976		(26,673)
(Benefit from) provision for income taxes			2,960		(3,880)		(920)
Net loss			$	(30,609)	$	4,856	$	(25,753)


		Three Months Ended
	March 31, 2022
Net loss per share attributable to common stockholders—basic and diluted:			$	(0.15)	$	—	$	(0.13)
Weighted-average shares used to compute net loss per share attributable to common stockholders—basic and diluted:			198,265		—		198,265

The tables below sets forth the unaudited condensed consolidated statement of comprehensive (loss) income, including balances as reported, adjustments and balances as restated amounts (in thousands):


		Three Months Ended
	March 31, 2022
			As Reported		Adjustments		As Restated
Net Loss			$	(30,609)	$	4,856	$	(25,753)
Total other comprehensive income			1,440		—		1,440
Total comprehensive loss			$	(29,169)	$	4,856	$	(24,313)

The table below sets forth the unaudited condensed consolidated statement of stockholders’ equity, including balances as reported, adjustments and balances as restated amounts (in thousands):


	Common Stock			Additional Paid-In Capital		Accumulated Deficit		Accumulated Other Comprehensive (Loss) income		Total Stockholders’ Equity
	Shares	Amount
Balance at March 31, 2022 as reported	198,599	$	198	$	969,731	$	(779,723)	$	(355)	$	189,851
Cumulative adjustments to net loss	—	—		—		4,856		—		4,856
Balance at March 31, 2022 as restated	198,599	$	198	$	969,731	$	(774,867)	$	(355)	$	194,707

The table below sets forth the unaudited condensed consolidated statement of cash flows, including balances as reported, adjustments and balances as restated amounts (in thousands):


	Three Months Ended March 31, 2022
		As Reported		Adjustments		As Restated
Cash flows from operating activities
Net loss		$	(30,609)	$	4,856	$	(25,753)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization		5,394		—		5,394
Amortization of right-of-use assets		378		—		378
Amortization of debt issuance costs		56		—		56
Impairment of other equity securities		170		—		170

Stock-based compensation		21,865		—		21,865
Deferred income taxes		2,791		(3,877)		(1,086)

Unrealized foreign exchange loss		1,379		—		1,379

Changes in operating assets and liabilities, net of effects of business combination:
Accounts receivable		(2,150)		(605)		(2,755)
Prepaid expenses and other current assets		(6,706)		242		(6,464)
Other assets		(811)		—		(811)
Accounts payable		(117)		—		(117)
Accrued expenses and other liabilities		5,675		97		5,772
Operating lease liabilities		(770)		—		(770)
Income tax payable		7		—		7
Deferred revenue		17,185		(713)		16,472
Net cash provided by operating activities		13,737		—		13,737
Cash flows from investing activities

Proceeds from acquisition working capital adjustment		304		—		304


	Three Months Ended March 31, 2022
		As Reported		Adjustments		As Restated
Purchase of property and equipment		(4,911)		—		(4,911)
Net cash used in investing activities		(4,607)		—		(4,607)
Cash flows from financing activities
Repayment of capital lease obligations		(4)		—		(4)

Repurchase of common stock		(1,094)		—		(1,094)
Shares surrendered for settlement of minimum statutory tax withholding		(11)		—		(11)
Proceeds from issuance of stock under employee stock plans		237		—		237
Net cash used in financing activities		(872)		—		(872)
Effect of exchange rate changes on cash and cash equivalents		(51)		—		(51)
Net increase in cash and cash equivalents, and restricted cash equivalents		8,207		—		8,207
Cash and cash equivalents, and restricted cash equivalents, at beginning of the period		239,297		—		239,297
Cash and cash equivalents at end of the period		$	247,504	$	—	$	247,504

Summary of Significant Accounting Policies

3 Months Ended

Mar. 31, 2023

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

A summary of the significant accounting policies we follow in the preparation of the accompanying unaudited condensed consolidated financial statements is set forth below.

Basis of Presentation and Consolidation

The accompanying unaudited condensed consolidated financial statements are presented in accordance with accounting principles generally accepted in the United States of America, or GAAP, for interim financial information. Certain information and disclosures normally included in consolidated financial statements prepared in accordance with GAAP have been condensed or omitted. Accordingly, these unaudited condensed consolidated financial statements should be read in conjunction with our audited consolidated financial statements and the related notes thereto included in the Annual Report on Form 10-K for the year ended December 31, 2022. The December 31, 2022 unaudited condensed consolidated balance sheet was derived from our audited consolidated financial statements as of that date. Our unaudited condensed consolidated financial statements include, in the opinion of management, all adjustments, consisting of normal and recurring items, necessary for the fair statement of the unaudited condensed consolidated financial statements. All intercompany balances and transactions have been eliminated in consolidation. There have been no significant changes in accounting policies during the three months ended March 31, 2023 from those disclosed in the annual consolidated financial statements for the year ended December 31, 2022 and the related notes, except as noted below in the Recently Adopted Accounting Pronouncements.

The operating results for the three months ended March 31, 2023 are not necessarily indicative of the results expected for the full year ending December 31, 2023.

Use of Estimates

The preparation of financial statements in conformity with GAAP requires estimates and assumptions that affect the reported amounts of assets and liabilities, revenue and expenses, and related disclosures of contingent liabilities in the consolidated financial statements and accompanying notes. Estimates are used for, however not limited to, revenue recognition, sales allowances and expected credit loss allowances, available-for-sale debt securities, other equity securities, recoverability of long-lived assets and goodwill, income taxes, commitments and contingencies, and stock-based compensation. Actual results could differ materially from those estimates. On an ongoing basis, we evaluate the estimates compared to historical experience and other factors including the current economic and regulatory environment, which form the basis for our judgments about the carrying value of assets and liabilities.

Significant Accounting Policies

Significant accounting policies are detailed in "Note 2: Summary of Significant Accounting Policies" of our Annual Report on Form 10-K for the year ended December 31, 2022. On January 1, 2022, we adopted Financial Accounting Standards Board, or FASB, Accounting Standards Codification No. 842, Leases, or ASC 842, with application to leases that existed as of the adoption date. On January 1, 2022, we also adopted Accounting Standard Update, or ASU, No. 2016-13, Financial Instruments—Credit losses: Measurement of Credit Losses on Financial Instruments (Topic 326), or ASU 2016-13, using the modified-retrospective transition method for assets measured at amortized cost other than available-for-sale debt securities, which was adopted using a prospective transition approach. The adoption of Topic 326 did not have a material impact on our unaudited condensed consolidated financial statements.

Segment and Geographic Information

Our Chief Executive Officer, as the Chief Operating Decision Maker, organizes our company, manages resource allocations, and measures performance on the basis of one operating segment.

Revenue outside of the U.S., based on the location of the customer, represented less than 1% of our unaudited consolidated revenue for the three months ended March 31, 2023 and 2022. Our property and equipment and right-of-use, or ROU, assets located outside of the U.S. were immaterial as of March 31, 2023 and December 31, 2022.

Foreign Currency

The British Pound Sterling is the functional currency for our foreign subsidiaries. The financial statements of these foreign subsidiaries are translated to U.S. Dollars using period-end rates of exchange for assets and liabilities, historical rates of exchange for equity, and average rates of exchange for the period for revenue and expenses. Translation gains and losses are recorded in accumulated other comprehensive income (loss) as a component of our unaudited condensed consolidated statements of stockholders’ equity (deficit). We recognized foreign currency transaction gains of $0.6 million during the three months ended March 31, 2023 and foreign currency transaction losses of $1.4 million during the three months ended March 31, 2022.

Concentrations of Credit Risk

We maintain accounts in U.S. and U.K. banks with funds insured by the Federal Deposit Insurance Corporation, or FDIC, and the Financial Services Compensation Scheme, or FSCS, respectively. Our bank accounts may, at times, exceed the FDIC and FSCS insured limits. Financial instruments that potentially subject us to credit risk consist principally of cash and cash equivalents. Management believes that we are not exposed to any significant credit risk related to our cash or cash equivalents and have not experienced any losses in such accounts.

Due to a large and diverse customer base, no individual customer represented more than 10% of total revenue for the three months ended March 31, 2023 and 2022. At March 31, 2023 and December 31, 2022, there were no customers with an outstanding balance of 10% or more of our total accounts receivable balance.

Accounts Receivable and Allowance for Credit Losses

Our accounts receivable balances, which are not collateralized and do not bear interest, primarily consist of amounts receivable from our credit and debit card merchant processors, customer receivables, and fees due from third-parties for services purchased by our customers from such third-parties. We reduce our accounts receivable for sales allowances and a reserve for potentially uncollectible receivables. We determine the amount of the allowances based on various factors, including historical collection experience, the age of the accounts receivable balances, credit quality of our customers, current economic conditions, reasonable and supportable forecasts of future economic conditions, and other factors that may affect our ability to collect from customers. Account balances are charged off against the allowance when we determine that it is not probable we will collect the receivable. At March 31, 2023 and December 31, 2022 the allowance for credit losses was not material.

Leases

On January 1, 2022, we recorded operating lease ROU assets of $5.7 million and operating lease liabilities of $5.9 million. The difference between the leased assets and lease liabilities represents the existing deferred rent liabilities balance at adoption of ASC 842, resulting from historical straight-line recognition of operating leases, which was reclassified upon adoption to reduce the measurement of the leased assets. The adoption of the standard did not have a material impact on our stockholders’ equity, results of operations, or cash flows.

The standard provides several optional practical expedients in transition. We elected the package of practical expedients permitted under the transition guidance, which eliminates the requirement to reassess whether a contract contains a lease and lease classification.

We have also made accounting policy elections, including a short-term lease exception policy, permitting us to not apply the recognition requirements of this standard to short-term leases, which are leases with expected terms of 12 months or less, and an accounting policy to account for lease and certain non-lease components as a single component for certain classes of assets. Additionally, we used the portfolio approach when applying the discount rate selected based on the dollar amount and term of the obligation.

We determined whether an arrangement is a lease, or contains a lease, at inception if we are able to identify an asset and can conclude we have the right to control the identified asset for a period of time. Leases are included in operating lease ROU assets and operating lease liabilities in the accompanying unaudited condensed consolidated balance sheets. Leases with an initial term of 12 months or less are not recorded on the condensed consolidated balance sheet.

ROU assets represent our right to control an underlying asset for the lease term, and lease liabilities represent our obligation to make lease payments arising from the lease. ROU assets and operating lease liabilities are

recognized at commencement date based on the present value of lease payments over the lease term. As our leases do not provide an implicit rate, we use the incremental borrowing rate based on the information available at commencement date in determining the discount rate used to present value lease payments. We used the incremental borrowing rate on January 1, 2022 for operating leases that commenced on or prior to that date. The incremental borrowing rate used is estimated based on what we would be required to pay for a collateralized loan over a similar term. Our leases typically do not include any residual value guarantees, bargain purchase options, or asset retirement obligations.

Our lease terms are only for periods in which we have enforceable rights. A lease is no longer enforceable when both the lessee and the lessor each have the right to terminate the lease without permission from the other party with no more than an insignificant penalty. Our lease terms are impacted by options to extend or terminate the lease when it is reasonably certain that we will exercise that option. We generally use the base, non-cancelable lease term when determining the lease assets and liabilities.

Our agreements may contain variable lease payments. We include variable lease payments that depend on an index or a rate and exclude those which depend on facts or circumstances occurring after the commencement date, other than the passage of time.

Revenue Recognition

We derive our revenue from the following sources:

Transaction revenue—Transaction revenue is primarily generated from our customized legal document services upon fulfillment of these services. Transaction revenue includes filing fees and is net of cancellations, promotional discounts, sales allowances and credit reserves.

Subscription revenue—Subscription revenue is generated primarily from subscriptions to our registered agent services, compliance packages, attorney advice, legal forms services, tax services, and virtual mail services in addition to software-as-a-service, or SaaS, subscriptions in the U.K. We generally recognize revenue from our subscriptions ratably over the subscription term. Subscription terms generally range from thirty days to one year. Subscription revenue includes the transaction price allocated to bundled free trials for our subscription services and is net of promotional discounts, cancellations, sales allowances and credit reserves and payments to third-party service providers such as legal plan law firms.

For transaction and subscription revenue, we generally collect payments and fees at the time orders are placed and prior to services being rendered. We record amounts collected for services that have not been performed as deferred revenue on our consolidated balance sheet. The transaction price that we record is generally based on the contractual amounts and is reduced for estimated sales allowances for price concessions, charge-backs, sales credits and refunds, which are accounted for as variable consideration when estimating the amount of revenue to recognize.

Partner revenue—Partner revenue consists primarily of one-time or recurring fees earned from third-party providers from leads generated to such providers through our online legal platform. Revenue is recognized when the related performance-based criteria have been met. We assess whether performance criteria have been met on a cost-per-click or cost-per-action basis.

Revenue from our transaction, subscription and partner revenue is as follows (in thousands):


	Three Months Ended March 31,
		2023		2022
				(Restated)
Transaction		$	62,239	$	65,325
Subscription		97,311		84,364
Partner		6,386		5,738
Total revenue		$	165,936	$	155,427

Recent Accounting Pronouncements

Prior to December 31, 2022, we qualified as an emerging growth company, or EGC, and were allowed by the Jumpstart Our Business Startups Act to delay adoption of new or revised accounting pronouncements applicable to public companies until such pronouncements were made applicable to private companies. We became a large accelerated filer and no longer qualified as an EGC at the conclusion of the fiscal year ended December 31, 2022. The adoption dates discussed below for recently adopted accounting pronouncements reflect the transition periods required as a result of becoming a large accelerated filer as of December 31, 2022. For all future new or revised accounting pronouncements, we will be required to adopt in accordance with public company timelines.

Recently Adopted Accounting Pronouncements

In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments—Credit losses: Measurement of Credit Losses on Financial Instruments (Topic 326), which revises the impairment model to utilize an expected loss methodology in place of the currently used incurred loss methodology, which results in more timely recognition of losses on financial instruments, including, but not limited to, available-for-sale debt securities and accounts receivable. We adopted ASU 2016-13 effective January 1, 2022. The adoption of this accounting standard did not have a material impact on our unaudited condensed consolidated financial statements.

In September 2022, the FASB issued ASU 2022-04, Liabilities—Supplier Finance Programs (Subtopic 405-50): Disclosure of Supplier Finance Program Obligations, which requires that a buyer in a supplier finance program disclose qualitative and quantitative information about its supplier finance programs. We adopted ASU 2022-04 effective January 1, 2023. The adoption of this accounting standard did not have a material impact on our unaudited condensed consolidated financial statements.

Accounting Pronouncements Not Yet Adopted

In June 2022, the FASB issued ASU No. 2022-03, Fair Value Measurement—Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions (Topic 820), or Topic 820, which clarifies that a contractual restriction on the sale of an equity security is not considered part of the unit of account of the equity security and, therefore, is not considered in measuring fair value. The amendments are effective for fiscal years beginning after December 15, 2023. We are currently evaluating the impact of the adoption on our consolidated financial statements.

In March 2023, the FASB issued ASU No. 2023-01, Leases (Topic 842): Common Control Arrangements, which amends certain provisions of ASC 842 related to the accounting for leasehold improvements in common-control arrangements. ASU 2023-01 is effective for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years. Early adoption is permitted in any annual or interim period as of the beginning of the related fiscal year. We are currently evaluating the impact of the adoption on our consolidated financial statements.

In March 2023, the FASB issued ASU No. 2023-02, Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method, which allows reporting entities to elect to account for qualifying tax equity investments using the proportional amortization method, regardless of the program giving rise to the related income tax credits. ASU 2023-02 is effective for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years. We are currently evaluating the impact of the adoption on our consolidated financial statements.

Other Financial Statement Information

3 Months Ended

Mar. 31, 2023

Other Financial Information [Abstract]

Other Financial Statement Information

Accounts Receivable

Changes in the allowances consisted of the following (in thousands):


	Three Months Ended March 31,
		2023		2022
				(Restated)
Beginning balance		$	4,730	$	4,060
Add: amounts recognized as a reduction of revenue		2,116		1,721
Add: allowance for credit losses recognized in general and administrative expense		64		73
Less: write-offs, net of recoveries		(2,040)		(2,221)
Ending balance		$	4,870	$	3,633

The allowance recognized as a reduction of revenue primarily relates to our installment plan receivables for which we expect we will not be entitled to a portion of the transaction price based on our historical experience with similar transactions. The allowance recognized against general and administrative expense represents an allowance relating to receivables from partners that are no longer considered collectible.

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following (in thousands):


	March 31, 2023		December 31, 2022
Prepaid expenses	$	12,423	$	10,624


	March 31, 2023		December 31, 2022
Deferred cost of revenue	3,461		1,915
Capitalized cloud computing development costs	1,176		1,407
Income tax receivable	217		760
Other current assets	2,304		1,993
Total prepaid expenses and other current assets	$	19,581	$	16,699

Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following (in thousands):


	March 31, 2023		December 31, 2022
Accrued payroll and related expenses	$	18,731	$	27,822
Accrued vendor payables	20,715		15,531
Accrued advertising	66		1,071
Sales allowances	4,512		4,426
Accrued sales, use and business taxes	3,746		3,838
Other	3,912		4,685
Total accrued expenses and other current liabilities	$	51,682	$	57,373

Depreciation and Amortization

Depreciation and amortization expense of our property and equipment, including capitalized internal-use software, and intangible assets consisted of the following (in thousands):


	Three Months Ended March 31,
		2023		2022
				(Restated)
Cost of revenue		$	2,622	$	2,070
Sales and marketing		1,257		1,875
Technology and development		858		726
General and administrative		832		723
Total depreciation and amortization expense		$	5,569	$	5,394

Deferred revenue

Deferred revenue as of March 31, 2023 and December 31, 2022 was $182.0 million and $165.1 million, respectively. Revenue recognized in the three months ended March 31, 2023 and 2022 that was included in deferred revenue as of December 31, 2022 and 2021 was $79.5 million and $81.9 million, respectively.

We have omitted disclosure on the transaction price allocated to remaining performance obligations and estimated timing of revenue recognition as our contracts with customers that have a duration of more than one year are immaterial.

Assets Held for Sale	3 Months Ended
Assets Held for Sale	Mar. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]
Assets Held for Sale	Assets Held for SaleDuring the three months ended September 30, 2022, following an evaluation of our office space and business requirements, we commenced a plan to sell our operational headquarters in Austin, Texas, consisting of land, a building and building improvements, and determined that these assets met the held for sale criteria. We ceased recording depreciation on these assets upon meeting the held for sale criteria. At March 31, 2023, the total carrying value of the assets held for sale was $22.7 million. The estimated fair value less costs to sell the assets held for sale exceed their carrying values and hence no impairment was necessary during the quarter ended March 31, 2023.

Long-term Debt	3 Months Ended
Long-term Debt	Mar. 31, 2023
Debt Disclosure [Abstract]
Long-term Debt	Long-term Debt In 2021, we entered into an amended and restated credit and guaranty agreement, or 2021 Revolving Facility, providing for revolving borrowings of up to $150.0 million with an availability period of five years. Under the 2021 Revolving Facility, we can use up to $20.0 million in letters of credit and up to $10.0 million in borrowings on same-day notice, referred to as swingline loans. Additional debt issuance costs of $0.8 million were allocated to the 2021 Revolving Facility. As of March 31, 2023, the interest rate applicable to the 2021 Revolving Facility was, at our option, at a rate equal to the greatest of (i) the administrative agent’s prime rate (ii) the federal funds effective rate plus 1/2 of 1.0% or (iii) one month LIBOR (subject to a 1.00% floor), plus 1.00% or LIBOR (subject to a 0.00% floor) plus 2.00%. The interest rate margins under the 2021 Revolving Facility are subject to a reduction of 0.25% and a further reduction of 0.25% upon achieving total net first lien leverage ratios of 3.50 to 1.00 and 2.50 to 1.00, respectively. We are required to pay a commitment fee in respect of unutilized commitments under the 2021 Revolving Facility. The commitment fee is, initially, 0.35% per annum. The commitment fee is subject to a reduction of 0.10% if the total net first lien leverage ratio does not exceed 3.50 to 1.00. We are also required to pay customary letter of credit fees and agency fees. We have the option to voluntarily repay outstanding loans under the 2021 Revolving Facility at any time without premium or penalty, other than customary “breakage” costs with respect to LIBOR loans. There is no scheduled amortization under the 2021 Revolving Facility. Any principal amount outstanding is due and payable in full at maturity, five years from the closing date of the 2021 Revolving Facility. Obligations under the 2021 Revolving Facility are guaranteed by our existing and future direct and indirect material wholly-owned domestic subsidiaries, subject to certain exceptions. Subsequent to March 31, 2023, we entered into an amendment to the 2021 Revolving Facility to replace the LIBOR interest rate benchmark with the Secured Overnight Financing Rate, or SOFR, benchmark, with a 0.10% credit spread adjustment to the SOFR benchmark for all available interest periods. The 2021 Revolving Facility contains a number of covenants that, among other things, subject to certain exceptions, restrict our ability and the ability of our restricted subsidiaries to incur additional indebtedness and guarantee indebtedness; create or incur liens; pay dividends and distributions or repurchase capital stock; merge, liquidate and make asset sales; change lines of business; change our fiscal year; incur restrictions on our subsidiaries’ ability to make distributions and create liens; modify our organizational documents; make investments, loans and advances; and enter into certain transactions with affiliates. The 2021 Revolving Facility requires compliance with a total net first lien leverage ratio of 4.50 to 1.00, or Financial Covenant. The Financial Covenant will be tested at quarter-end only if the total principal amount of all revolving loans, swingline loans and drawn letters of credit that have not been reimbursed exceeds 35% of the total commitments under the 2021 Revolving Facility on the last day of such fiscal quarter. At March 31, 2023, and December 31, 2022, we had no amounts outstanding under our 2021 Revolving Facility or any outstanding letters of credit and were in compliance with all financial covenants.

Commitments and Contingencies	3 Months Ended
Commitments and Contingencies	Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Advertising, Media and Other Commitments We use a variety of media to advertise our services, including search engine marketing, television and radio. At March 31, 2023, we had non-cancelable minimum advertising and media commitments for future advertising spots of $6.8 million, substantially all of which will be paid over a two-year period. We also have non-cancelable agreements with various vendors, which require us to pay $60.1 million over a five-year period, of which $44.7 million remains to be paid as of March 31, 2023. Legal Proceedings From time to time, we may become subject to legal proceedings, claims and litigation arising in the ordinary course of business. We are not currently a party to any material legal proceedings, nor are we aware of any pending or threatened litigation that could have a material adverse effect on our results of operations, cash flows, and financial condition, should such litigation be resolved unfavorably. Indemnifications Indemnification provisions in our third-party service provider agreements provide that we will indemnify, hold harmless, and reimburse the indemnified parties on a case-by-case basis for losses suffered or incurred by the indemnified parties in connection with any claim by any third-party as a result of our website, advertising, marketing, payment processing, collection or customer service activities. The maximum potential amount of future payments we could be required to make under these indemnification provisions is undeterminable. No amounts have been accrued or have been paid during any period presented as we believe the fair value of these indemnification obligations is immaterial.

Stockholders' Equity	3 Months Ended
Stockholders' Equity	Mar. 31, 2023
Equity [Abstract]
Stockholders' Equity	Stockholders’ Equity Stock Repurchase Program On March 1, 2022, our board of directors approved a stock repurchase program authorizing us to repurchase up to $150.0 million of our common stock, with no fixed expiration. Stock repurchases under this program may be made through any manner, including open market transactions, accelerated stock repurchase agreements, or privately negotiated transactions with third parties, and in such amounts as management deems appropriate. Open market repurchases will be structured to occur in accordance with applicable federal securities laws, including within the pricing and volume requirements of Rule 10b-18 under the Securities Exchange Act of 1934, as amended. We may also, from time to time, enter into Rule 10b5-1 plans to facilitate repurchases of our shares of common stock under this authorization. This program does not obligate us to acquire any particular amount of common stock and may be modified, suspended or terminated at any time at the discretion of our board of directors. During the three months ended March 31, 2023, using Rule 10b5-1 plans, we repurchased a total of 770,717 shares of our common stock through open market purchases at an average per share price of $8.78 for a total repurchase of $6.8 million including broker commissions. The repurchases were recorded as a reduction to stockholders' equity. Approximately $48.1 million remains available for future repurchases under the stock repurchase program as of March 31, 2023. We have made additional open market repurchases under the stock repurchase program subsequent to March 31, 2023 of 335,082 shares of our common stock, amounting to $2.7 million, as of the date of filing. The Inflation Reduction Act of 2022, enacted in August 2022, imposed a 1% non-deductible excise tax on net repurchases of shares by domestic corporations whose stock is traded on an established securities market. Consequently, this excise tax is applicable to our stock repurchase program beginning in 2023 and represents a cost of the repurchases of our common stock. We have not recognized excise tax liability as of March 31, 2023 because our stock issuances exceeded stock repurchases during the three months ended March 31, 2023.

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-URI https://asc.fasb.org/topic&trid=2208762

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 14
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 14
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI https://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 18
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (g)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 18
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (h)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 14
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 18
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 16
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496180-112644

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (i)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(e)(1))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 50
-Paragraph 6
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126731327&loc=SL126733271-114008

+ Details

Stock-based Compensation

3 Months Ended

Mar. 31, 2023

Share-Based Payment Arrangement [Abstract]

Stock-based Compensation

Stock-based Compensation Expense

We recorded stock-based compensation expense in the following categories in the accompanying unaudited condensed consolidated statements of operations and balance sheets (in thousands):


	Three Months Ended March 31,
		2023		2022
				(Restated)
Cost of revenue		$	874	$	277
Sales and marketing		1,532		3,125
Technology and development		4,320		4,298
General and administrative		9,741		14,165
Total stock-based compensation expense		16,467		21,865
Amount capitalized to internal-use software		911		481
Total stock-based compensation expense		$	17,378	$	22,346

Stock Options

In March 2023, we granted 3.9 million stock options to our executive officers. Fair value of the options was measured using the Black-Scholes option pricing model on the date of grant, and associated expense will be recognized over the requisite service period. Vesting of the options will be accelerated upon a qualifying termination that occurs during the change-in-control period, as defined in the option grant agreement, or immediately prior to the effective time of a change-in-control if the option award is not assumed, continued or substituted by the surviving or

acquiring entity (or its parent) in connection with such change-in-control. The assumptions that were used to calculate the grant-date fair value of our stock option grant using the Black-Scholes option pricing model were as follows:


	Three Months Ended March 31,
	2023
Expected life (years)	5.87
Risk-free interest rate	3.4	%
Expected volatility	50.7	%
Expected dividend yield	—

Restricted Stock Units

During three months ended March 31, 2023, we granted 7.3 million restricted stock units, or RSUs, with a value of $61.4 million to various employees. RSUs are measured based on the fair market value of the underlying stock on the date of grant and recognized as expense over the requisite service period.

During three months ended March 31, 2023, we also granted 1.3 million RSUs with performance conditions, or performance stock units, to members of our senior leadership team. Vesting of the performance stock units, or PSUs, is contingent upon the recipient’s continuous employment over the requisite service period and is subject to fulfillment by the Company of predefined performance criteria. Such awards will be earned only if certain performance targets over the performance periods established by and under the direction of the compensation committee are met. The number of PSUs subject to vesting is determined at the end of the performance period and may equal zero percent (0%) to one hundred and fifty percent (150%) of the target award based upon Company’s achievement of certain revenue, profitability, and market share targets. If the performance criteria are achieved, 75% of the PSUs will vest on the date the compensation committee of the board of directors certifies achievement of the performance criteria, and the remaining 25% of the performance stock units will vest on the one year anniversary of such certification date. Performance stock units are measured based on the fair market value of the underlying stock on the date of grant and recognized as expense over the employee’s requisite service period using graded vesting attribution method to the extent it is probable that the performance conditions will be achieved. We recognized $0.1 million in stock-based compensation expense during three months ended March 31, 2023 related to these awards. In the event of change-in-control (as defined in the employment agreement between the Company and each recipient of the performance award), the vesting conditions of performance stock units will be modified resulting in a vesting of a greater of (i) one hundred percent (100%) of the target award, or (ii) the number of shares commensurate with the Company’s market share for the trailing 12-month period ending on the date that is the end of the nearest month prior to the date of the change of control, provided that 75% of such performance stock units will vest on June 30, 2024 and the remaining 25% of such performance stock units will vest on June 30, 2025, subject to the recipients continuing to be service providers through each such date and accelerated if the acquirer does not assume the awards in an economically equivalent manner.

On May 5, 2023, the compensation committee of the board of directors approved amendments to the terms of the option and RSU awards granted to members of our senior leadership team during the year ended December 31, 2022, whereby the vesting of such options and RSUs will be accelerated upon (i) a qualifying termination that occurs during the change-in-control period or (ii) the individual’s termination as a result of his or her death or disability (as each such term is defined in the employment agreement between the Company and applicable individual). Further, the amendments provide that such stock options, to the extent vested and outstanding on the date of the individual’s qualifying termination or the termination of the individual’s employment in the event of his or her death or disability, as applicable and after giving effect to the vesting acceleration, shall remain outstanding and exercisable until the earlier of: (x) the original expiration date of the stock options, (y) the one-year anniversary of the date of the individual’s termination of employment with the Company, and (z) immediately prior to the effective time of a change in control if such option is not assumed, continued or substituted by the surviving or acquiring entity (or its parent) in connection with such change in control. The modification to add the foregoing provisions did not result in an incremental fair value of the impacted awards because the original vesting conditions were expected to be satisfied as of the modification date and the termination of the individual’s employment in the event of change-in-control or as a result of his or her death or disability was not probable as of the date of this filing.

Income Taxes	3 Months Ended
Income Taxes	Mar. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income TaxesWe recorded a provision for income taxes of $3.8 million for the three months ended March 31, 2023 and a benefit from income taxes of $0.9 million for the three months ended March 31, 2022. The effective tax rate for the three months ended March 31, 2023 and 2022 was 259.4% and 3.4% (as restated), respectively. The difference from the federal statutory rate of 21% is primarily due to the recognition of significant non-deductible stock-based compensation and other discrete adjustments. Gross unrecognized tax benefits were $9.2 million and $8.9 million as of March 31, 2023 and December 31, 2022, respectively. The gross unrecognized tax benefits, if recognized by us, will result in a reduction of approximately $9.2 million, excluding interest and penalties, to the provision for income taxes thereby favorably impacting our effective tax rate. Our policy is to recognize interest and penalties related to income tax matters in income tax expense. For the periods presented, interest and penalties related to income tax positions were not material to our unaudited condensed consolidated financial statements. We are subject to taxation and file income tax returns in the U.S. federal, state, and foreign jurisdictions. The federal income tax returns for the years 2018 and forward and state income tax returns for the tax years 2008 and forward remain open to examination. We are under examination in one state which is not expected to have an impact on our results of operations, cash flows and financial condition.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 21
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32857-109319

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 11.C)
-URI https://asc.fasb.org/extlink&oid=122134291&loc=d3e330215-122817

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 17
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32809-109319

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 6.I.5.Q1)
-URI https://asc.fasb.org/extlink&oid=122134291&loc=d3e330036-122817

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 14
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32705-109319

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 270
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6424409&loc=d3e44925-109338

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-URI https://asc.fasb.org/topic&trid=2144680

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=6424122&loc=d3e41874-109331

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(2))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

+ Details

Net Loss Per Share Attributable to Common Stockholders

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Net Loss Per Share Attributable to Common Stockholders

The following table shows the computation of basic and diluted net loss per share attributable to common stockholders (in thousands, except per share amounts):


	Three Months Ended March 31,
		2023		2022
				(Restated)
Numerator:
Net loss		$	(2,358)	$	(25,753)
Net loss attributable to common stockholders—basic and diluted		$	(2,358)	$	(25,753)
Denominator:
Weighted-average common stock used in computing net loss per share attributable to common stockholders—basic and diluted		191,293		198,265
Net loss per share attributable to common stockholders—basic and diluted		$	(0.01)	$	(0.13)

The following table presents the number of options, RSUs and restricted stock excluded from the calculation of diluted net loss per share attributable to common stockholders because they are anti-dilutive (in thousands):


	Three Months Ended March 31,
	2023	2022
		(Restated)
Options to purchase common stock	21,066	17,832
RSUs	14,785	8,008
Employee stock purchase plan	136	91
PSUs	1,316	—
Total	37,303	25,931

Restructuring	3 Months Ended
Restructuring	Mar. 31, 2023
Restructuring and Related Activities [Abstract]
Restructuring	RestructuringFrom time to time, we initiate cost reduction activities to integrate acquired businesses, to align our workforce with strategic business activities, or to improve efficiencies in our operations. During three months ended March 31, 2023, we incurred $0.6 million in severance costs related to the reduction of our U.K. headcount, which is expected to be substantially complete by December 31, 2023. Restructuring expenses include severance for the impacted employees and are included in general and administrative expenses in the accompanying unaudited condensed consolidated financial statements

Fair Value Measurements

3 Months Ended

Mar. 31, 2023

Fair Value Disclosures [Abstract]

Fair Value Measurements

Fair value is defined as the price that would be received from selling an asset, or paid to transfer a liability, in an orderly transaction between market participants at the measurement date. The standard establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The fair value hierarchy is as follows:

Level 1 — Quoted prices in active markets for identical assets and liabilities.

Level 2 — Quoted prices for identical assets and liabilities in markets that are not active, quoted prices for similar assets and liabilities in active markets or financial instruments for which significant inputs are observable, either directly or indirectly.

Level 3 — Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.

At March 31, 2023 and December 31, 2022, our financial assets and liabilities recorded at fair value on a recurring basis consist of cash equivalents, available-for-sale debt securities and contingent consideration from acquisitions. The cash equivalents consist of money market funds valued using quoted prices in active markets, which represents Level 1 inputs in the fair value hierarchy. The available-for-sale debt securities are valued using a Monte Carlo simulation, which include inputs that represent Level 3 inputs in the fair value hierarchy. Contingent consideration is valued using the present value and probability of the estimated future cash outflow, which include inputs that represent Level 3 inputs in the fair value hierarchy.

The carrying amounts of accounts receivable, accounts payable and accrued expenses and other current liabilities approximate fair values because of the short-term nature of these items.

The following tables summarize our assets and liabilities that are measured at fair value on a recurring basis, by level, within the fair value hierarchy (in thousands):


	As of March 31, 2023
	Level 1		Level 2		Level 3
Available-for-sale debt securities	$	—	$	—	$	1,000
Money market funds	171,736		—		—
Total assets	$	171,736	$	—	$	1,000
Contingent consideration	—		—		205
Total liabilities	$	—	$	—	$	205


	As of December 31, 2022
	Level 1		Level 2		Level 3
Available-for-sale debt securities	$	—	$	—	$	995
Money market fund	130,215		—		—
Total assets	$	130,215	$	—	$	995
Contingent consideration	—		—		836
Total liabilities	$	—	$	—	$	836

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Accumulated Other Comprehensive (Loss) Income

3 Months Ended

Mar. 31, 2023

Stockholders' Equity Note [Abstract]

Accumulated Other Comprehensive (Loss) Income

Accumulated Other Comprehensive (Loss) IncomeChanges in accumulated other comprehensive (loss) income consisted of the following:


	Three Months Ended March 31, 2023
(in thousands)	Before Tax Amount		Tax Effect		Net of Tax Amount
Foreign currency translation adjustments:
Beginning balance at December 31, 2022	$	1,358	$	—	$	1,358
Change during period	(631)		—		(631)
Ending balance at March 31, 2023	$	727	$	—	$	727




Available-for-sale debt securities:
Beginning balance at December 31, 2022	$	184	$	(45)	$	139
Unrealized gains	—		—		—
Ending balance at March 31, 2023	$	184	$	(45)	$	139
Accumulated other comprehensive (loss) income:
Beginning balance at December 31, 2022	$	1,542	$	(45)	$	1,497


	Three Months Ended March 31, 2023
(in thousands)	Before Tax Amount		Tax Effect		Net of Tax Amount
Other comprehensive loss	(631)		—		(631)
Ending balance at March 31, 2023	$	911	$	(45)	$	866


	Three Months Ended March 31, 2022 (Restated)
(in thousands)	Before Tax Amount		Tax Effect		Net of Tax Amount
Foreign currency translation adjustments:
Beginning balance at December 31, 2021	$	(2,078)	$	—	$	(2,078)
Change during period	1,402		—		1,402
Ending balance at March 31, 2022	$	(676)	$	—	$	(676)




Available-for-sale debt securities:
Beginning balance at December 31, 2021	$	331	$	(48)	$	283
Unrealized gains	51		(13)		38
Ending balance at March 31, 2022	$	382	$	(61)	$	321
















Accumulated other comprehensive loss:
Beginning balance at December 31, 2021	$	(1,747)	$	(48)	$	(1,795)
Other comprehensive income	1,453		(13)		1,440
Ending balance at March 31, 2022	$	(294)	$	(61)	$	(355)

Summary of Significant Accounting Policies (Policies)	3 Months Ended
Summary of Significant Accounting Policies (Policies)	Mar. 31, 2023
Accounting Policies [Abstract]
Basis of Presentation and Consolidation	Basis of Presentation and Consolidation The accompanying unaudited condensed consolidated financial statements are presented in accordance with accounting principles generally accepted in the United States of America, or GAAP, for interim financial information. Certain information and disclosures normally included in consolidated financial statements prepared in accordance with GAAP have been condensed or omitted. Accordingly, these unaudited condensed consolidated financial statements should be read in conjunction with our audited consolidated financial statements and the related notes thereto included in the Annual Report on Form 10-K for the year ended December 31, 2022. The December 31, 2022 unaudited condensed consolidated balance sheet was derived from our audited consolidated financial statements as of that date. Our unaudited condensed consolidated financial statements include, in the opinion of management, all adjustments, consisting of normal and recurring items, necessary for the fair statement of the unaudited condensed consolidated financial statements. All intercompany balances and transactions have been eliminated in consolidation. There have been no significant changes in accounting policies during the three months ended March 31, 2023 from those disclosed in the annual consolidated financial statements for the year ended December 31, 2022 and the related notes, except as noted below in the Recently Adopted Accounting Pronouncements. The operating results for the three months ended March 31, 2023 are not necessarily indicative of the results expected for the full year ending December 31, 2023.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires estimates and assumptions that affect the reported amounts of assets and liabilities, revenue and expenses, and related disclosures of contingent liabilities in the consolidated financial statements and accompanying notes. Estimates are used for, however not limited to, revenue recognition, sales allowances and expected credit loss allowances, available-for-sale debt securities, other equity securities, recoverability of long-lived assets and goodwill, income taxes, commitments and contingencies, and stock-based compensation. Actual results could differ materially from those estimates. On an ongoing basis, we evaluate the estimates compared to historical experience and other factors including the current economic and regulatory environment, which form the basis for our judgments about the carrying value of assets and liabilities.
Segment and Geographic Information	Segment and Geographic Information Our Chief Executive Officer, as the Chief Operating Decision Maker, organizes our company, manages resource allocations, and measures performance on the basis of one operating segment. Revenue outside of the U.S., based on the location of the customer, represented less than 1% of our unaudited consolidated revenue for the three months ended March 31, 2023 and 2022. Our property and equipment and right-of-use, or ROU, assets located outside of the U.S. were immaterial as of March 31, 2023 and December 31, 2022.
Foreign Currency	Foreign CurrencyThe British Pound Sterling is the functional currency for our foreign subsidiaries. The financial statements of these foreign subsidiaries are translated to U.S. Dollars using period-end rates of exchange for assets and liabilities, historical rates of exchange for equity, and average rates of exchange for the period for revenue and expenses. Translation gains and losses are recorded in accumulated other comprehensive income (loss) as a component of our unaudited condensed consolidated statements of stockholders’ equity (deficit).
Concentrations of Credit Risk	Concentrations of Credit Risk We maintain accounts in U.S. and U.K. banks with funds insured by the Federal Deposit Insurance Corporation, or FDIC, and the Financial Services Compensation Scheme, or FSCS, respectively. Our bank accounts may, at times, exceed the FDIC and FSCS insured limits. Financial instruments that potentially subject us to credit risk consist principally of cash and cash equivalents. Management believes that we are not exposed to any significant credit risk related to our cash or cash equivalents and have not experienced any losses in such accounts. Due to a large and diverse customer base, no individual customer represented more than 10% of total revenue for the three months ended March 31, 2023 and 2022. At March 31, 2023 and December 31, 2022, there were no customers with an outstanding balance of 10% or more of our total accounts receivable balance.
Accounts Receivable and Allowance for Credit Losses	Accounts Receivable and Allowance for Credit Losses Our accounts receivable balances, which are not collateralized and do not bear interest, primarily consist of amounts receivable from our credit and debit card merchant processors, customer receivables, and fees due from third-parties for services purchased by our customers from such third-parties. We reduce our accounts receivable for sales allowances and a reserve for potentially uncollectible receivables. We determine the amount of the allowances based on various factors, including historical collection experience, the age of the accounts receivable balances, credit quality of our customers, current economic conditions, reasonable and supportable forecasts of future economic conditions, and other factors that may affect our ability to collect from customers. Account balances are charged off against the allowance when we determine that it is not probable we will collect the receivable. At March 31, 2023 and December 31, 2022 the allowance for credit losses was not material.
Leases	Leases On January 1, 2022, we recorded operating lease ROU assets of $5.7 million and operating lease liabilities of $5.9 million. The difference between the leased assets and lease liabilities represents the existing deferred rent liabilities balance at adoption of ASC 842, resulting from historical straight-line recognition of operating leases, which was reclassified upon adoption to reduce the measurement of the leased assets. The adoption of the standard did not have a material impact on our stockholders’ equity, results of operations, or cash flows. The standard provides several optional practical expedients in transition. We elected the package of practical expedients permitted under the transition guidance, which eliminates the requirement to reassess whether a contract contains a lease and lease classification. We have also made accounting policy elections, including a short-term lease exception policy, permitting us to not apply the recognition requirements of this standard to short-term leases, which are leases with expected terms of 12 months or less, and an accounting policy to account for lease and certain non-lease components as a single component for certain classes of assets. Additionally, we used the portfolio approach when applying the discount rate selected based on the dollar amount and term of the obligation. We determined whether an arrangement is a lease, or contains a lease, at inception if we are able to identify an asset and can conclude we have the right to control the identified asset for a period of time. Leases are included in operating lease ROU assets and operating lease liabilities in the accompanying unaudited condensed consolidated balance sheets. Leases with an initial term of 12 months or less are not recorded on the condensed consolidated balance sheet. ROU assets represent our right to control an underlying asset for the lease term, and lease liabilities represent our obligation to make lease payments arising from the lease. ROU assets and operating lease liabilities are recognized at commencement date based on the present value of lease payments over the lease term. As our leases do not provide an implicit rate, we use the incremental borrowing rate based on the information available at commencement date in determining the discount rate used to present value lease payments. We used the incremental borrowing rate on January 1, 2022 for operating leases that commenced on or prior to that date. The incremental borrowing rate used is estimated based on what we would be required to pay for a collateralized loan over a similar term. Our leases typically do not include any residual value guarantees, bargain purchase options, or asset retirement obligations. Our lease terms are only for periods in which we have enforceable rights. A lease is no longer enforceable when both the lessee and the lessor each have the right to terminate the lease without permission from the other party with no more than an insignificant penalty. Our lease terms are impacted by options to extend or terminate the lease when it is reasonably certain that we will exercise that option. We generally use the base, non-cancelable lease term when determining the lease assets and liabilities. Our agreements may contain variable lease payments. We include variable lease payments that depend on an index or a rate and exclude those which depend on facts or circumstances occurring after the commencement date, other than the passage of time.
Revenue Recognition	Revenue Recognition We derive our revenue from the following sources: Transaction revenue—Transaction revenue is primarily generated from our customized legal document services upon fulfillment of these services. Transaction revenue includes filing fees and is net of cancellations, promotional discounts, sales allowances and credit reserves. Subscription revenue—Subscription revenue is generated primarily from subscriptions to our registered agent services, compliance packages, attorney advice, legal forms services, tax services, and virtual mail services in addition to software-as-a-service, or SaaS, subscriptions in the U.K. We generally recognize revenue from our subscriptions ratably over the subscription term. Subscription terms generally range from thirty days to one year. Subscription revenue includes the transaction price allocated to bundled free trials for our subscription services and is net of promotional discounts, cancellations, sales allowances and credit reserves and payments to third-party service providers such as legal plan law firms. For transaction and subscription revenue, we generally collect payments and fees at the time orders are placed and prior to services being rendered. We record amounts collected for services that have not been performed as deferred revenue on our consolidated balance sheet. The transaction price that we record is generally based on the contractual amounts and is reduced for estimated sales allowances for price concessions, charge-backs, sales credits and refunds, which are accounted for as variable consideration when estimating the amount of revenue to recognize. Partner revenue—Partner revenue consists primarily of one-time or recurring fees earned from third-party providers from leads generated to such providers through our online legal platform. Revenue is recognized when the related performance-based criteria have been met. We assess whether performance criteria have been met on a cost-per-click or cost-per-action basis.
Recent Accounting Pronouncements, Recently Adopted Accounting Pronouncements and Accounting Pronouncements Not Yet Adopted	Recent Accounting Pronouncements Prior to December 31, 2022, we qualified as an emerging growth company, or EGC, and were allowed by the Jumpstart Our Business Startups Act to delay adoption of new or revised accounting pronouncements applicable to public companies until such pronouncements were made applicable to private companies. We became a large accelerated filer and no longer qualified as an EGC at the conclusion of the fiscal year ended December 31, 2022. The adoption dates discussed below for recently adopted accounting pronouncements reflect the transition periods required as a result of becoming a large accelerated filer as of December 31, 2022. For all future new or revised accounting pronouncements, we will be required to adopt in accordance with public company timelines. Recently Adopted Accounting Pronouncements In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments—Credit losses: Measurement of Credit Losses on Financial Instruments (Topic 326), which revises the impairment model to utilize an expected loss methodology in place of the currently used incurred loss methodology, which results in more timely recognition of losses on financial instruments, including, but not limited to, available-for-sale debt securities and accounts receivable. We adopted ASU 2016-13 effective January 1, 2022. The adoption of this accounting standard did not have a material impact on our unaudited condensed consolidated financial statements. In September 2022, the FASB issued ASU 2022-04, Liabilities—Supplier Finance Programs (Subtopic 405-50): Disclosure of Supplier Finance Program Obligations, which requires that a buyer in a supplier finance program disclose qualitative and quantitative information about its supplier finance programs. We adopted ASU 2022-04 effective January 1, 2023. The adoption of this accounting standard did not have a material impact on our unaudited condensed consolidated financial statements. Accounting Pronouncements Not Yet Adopted In June 2022, the FASB issued ASU No. 2022-03, Fair Value Measurement—Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions (Topic 820), or Topic 820, which clarifies that a contractual restriction on the sale of an equity security is not considered part of the unit of account of the equity security and, therefore, is not considered in measuring fair value. The amendments are effective for fiscal years beginning after December 15, 2023. We are currently evaluating the impact of the adoption on our consolidated financial statements. In March 2023, the FASB issued ASU No. 2023-01, Leases (Topic 842): Common Control Arrangements, which amends certain provisions of ASC 842 related to the accounting for leasehold improvements in common-control arrangements. ASU 2023-01 is effective for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years. Early adoption is permitted in any annual or interim period as of the beginning of the related fiscal year. We are currently evaluating the impact of the adoption on our consolidated financial statements. In March 2023, the FASB issued ASU No. 2023-02, Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method, which allows reporting entities to elect to account for qualifying tax equity investments using the proportional amortization method, regardless of the program giving rise to the related income tax credits. ASU 2023-02 is effective for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years. We are currently evaluating the impact of the adoption on our consolidated financial statements.

Restatement (Tables)

3 Months Ended

Mar. 31, 2023

Accounting Changes and Error Corrections [Abstract]

Schedule of Error Corrections and Prior Period Adjustments

Description of Restatement of Financial Information


	March 31, 2022
		As Reported		Adjustments		As Restated
Assets
Current assets:
Cash and cash equivalents		$	247,504	$	—	$	247,504
Accounts receivable, net of allowances of $3,633		12,784		605		13,389
Prepaid expenses and other current assets		23,172		(242)		22,930

Total current assets		283,460		363		283,823
Property and equipment, net		47,769		—		47,769


	March 31, 2022
		As Reported		Adjustments		As Restated
Goodwill		59,994		—		59,994
Intangible assets, net		15,361		—		15,361
Operating lease right-of-use assets		5,292		—		5,292
Deferred income taxes		24,849		3,877		28,726
Available-for-sale debt securities		1,182		—		1,182
Other assets		13,157		—		13,157
Total assets		$	451,064	$	4,240	$	455,304
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable		31,747		—		31,747
Accrued expenses and other current liabilities		56,509		97		56,606
Deferred revenue		163,729		(713)		163,016
Operating lease liabilities		1,607		—		1,607
Total current liabilities		253,592		(616)		252,976
Operating lease liabilities, non-current		3,505		—		3,505
Deferred revenue		1,283		—		1,283
Other liabilities		2,833		—		2,833
Total liabilities		261,213		(616)		260,597
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $0.001 par value; 100,000 shares authorized; 0 issued or outstanding at March 31, 2022		—		—		—
Common stock, $0.001 par value; 1,000,000 shares authorized; 198,599 shares issued and outstanding at March 31, 2022		198		—		198
Additional paid-in capital		969,731		—		969,731
Accumulated deficit		(779,723)		4,856		(774,867)
Accumulated other comprehensive income (loss)		(355)		—		(355)
Total stockholders’ equity		189,851		4,856		194,707
Total liabilities and stockholders’ equity		$	451,064	$	4,240	$	455,304


		Three Months Ended
	March 31, 2022
			As Reported		Adjustments		As Restated
Revenue			$	154,209	$	1,218	$	155,427
Cost of revenue			55,940		242		56,182
Gross profit			98,269		976		99,245
Operating expenses:
Sales and marketing			76,874		—		76,874
Technology and development			17,959		—		17,959
General and administrative			29,488		—		29,488

Total operating expenses			124,321		—		124,321
Loss from operations			(26,052)		976		(25,076)
Interest (expense) income, net			(53)		—		(53)
Other expense, net			(1,544)		—		(1,544)
Loss before income taxes			(27,649)		976		(26,673)
(Benefit from) provision for income taxes			2,960		(3,880)		(920)
Net loss			$	(30,609)	$	4,856	$	(25,753)


		Three Months Ended
	March 31, 2022
Net loss per share attributable to common stockholders—basic and diluted:			$	(0.15)	$	—	$	(0.13)
Weighted-average shares used to compute net loss per share attributable to common stockholders—basic and diluted:			198,265		—		198,265

The tables below sets forth the unaudited condensed consolidated statement of comprehensive (loss) income, including balances as reported, adjustments and balances as restated amounts (in thousands):


		Three Months Ended
	March 31, 2022
			As Reported		Adjustments		As Restated
Net Loss			$	(30,609)	$	4,856	$	(25,753)
Total other comprehensive income			1,440		—		1,440
Total comprehensive loss			$	(29,169)	$	4,856	$	(24,313)

The table below sets forth the unaudited condensed consolidated statement of stockholders’ equity, including balances as reported, adjustments and balances as restated amounts (in thousands):


	Common Stock			Additional Paid-In Capital		Accumulated Deficit		Accumulated Other Comprehensive (Loss) income		Total Stockholders’ Equity
	Shares	Amount
Balance at March 31, 2022 as reported	198,599	$	198	$	969,731	$	(779,723)	$	(355)	$	189,851
Cumulative adjustments to net loss	—	—		—		4,856		—		4,856
Balance at March 31, 2022 as restated	198,599	$	198	$	969,731	$	(774,867)	$	(355)	$	194,707

The table below sets forth the unaudited condensed consolidated statement of cash flows, including balances as reported, adjustments and balances as restated amounts (in thousands):


	Three Months Ended March 31, 2022
		As Reported		Adjustments		As Restated
Cash flows from operating activities
Net loss		$	(30,609)	$	4,856	$	(25,753)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization		5,394		—		5,394
Amortization of right-of-use assets		378		—		378
Amortization of debt issuance costs		56		—		56
Impairment of other equity securities		170		—		170

Stock-based compensation		21,865		—		21,865
Deferred income taxes		2,791		(3,877)		(1,086)

Unrealized foreign exchange loss		1,379		—		1,379

Changes in operating assets and liabilities, net of effects of business combination:
Accounts receivable		(2,150)		(605)		(2,755)
Prepaid expenses and other current assets		(6,706)		242		(6,464)
Other assets		(811)		—		(811)
Accounts payable		(117)		—		(117)
Accrued expenses and other liabilities		5,675		97		5,772
Operating lease liabilities		(770)		—		(770)
Income tax payable		7		—		7
Deferred revenue		17,185		(713)		16,472
Net cash provided by operating activities		13,737		—		13,737
Cash flows from investing activities

Proceeds from acquisition working capital adjustment		304		—		304


	Three Months Ended March 31, 2022
		As Reported		Adjustments		As Restated
Purchase of property and equipment		(4,911)		—		(4,911)
Net cash used in investing activities		(4,607)		—		(4,607)
Cash flows from financing activities
Repayment of capital lease obligations		(4)		—		(4)

Repurchase of common stock		(1,094)		—		(1,094)
Shares surrendered for settlement of minimum statutory tax withholding		(11)		—		(11)
Proceeds from issuance of stock under employee stock plans		237		—		237
Net cash used in financing activities		(872)		—		(872)
Effect of exchange rate changes on cash and cash equivalents		(51)		—		(51)
Net increase in cash and cash equivalents, and restricted cash equivalents		8,207		—		8,207
Cash and cash equivalents, and restricted cash equivalents, at beginning of the period		239,297		—		239,297
Cash and cash equivalents at end of the period		$	247,504	$	—	$	247,504

Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2023

Accounting Policies [Abstract]

Summary of Revenue Recognition

Revenue from our transaction, subscription and partner revenue is as follows (in thousands):


	Three Months Ended March 31,
		2023		2022
				(Restated)
Transaction		$	62,239	$	65,325
Subscription		97,311		84,364
Partner		6,386		5,738
Total revenue		$	165,936	$	155,427

Other Financial Statement Information (Tables)

3 Months Ended

Mar. 31, 2023

Other Financial Information [Abstract]

Summary of Changes in the Allowance

Changes in the allowances consisted of the following (in thousands):


	Three Months Ended March 31,
		2023		2022
				(Restated)
Beginning balance		$	4,730	$	4,060
Add: amounts recognized as a reduction of revenue		2,116		1,721
Add: allowance for credit losses recognized in general and administrative expense		64		73
Less: write-offs, net of recoveries		(2,040)		(2,221)
Ending balance		$	4,870	$	3,633

Summary of Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following (in thousands):


	March 31, 2023		December 31, 2022
Prepaid expenses	$	12,423	$	10,624


	March 31, 2023		December 31, 2022
Deferred cost of revenue	3,461		1,915
Capitalized cloud computing development costs	1,176		1,407
Income tax receivable	217		760
Other current assets	2,304		1,993
Total prepaid expenses and other current assets	$	19,581	$	16,699

Summary of Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following (in thousands):


	March 31, 2023		December 31, 2022
Accrued payroll and related expenses	$	18,731	$	27,822
Accrued vendor payables	20,715		15,531
Accrued advertising	66		1,071
Sales allowances	4,512		4,426
Accrued sales, use and business taxes	3,746		3,838
Other	3,912		4,685
Total accrued expenses and other current liabilities	$	51,682	$	57,373

Summary of Depreciation and Amortization Expense

Depreciation and amortization expense of our property and equipment, including capitalized internal-use software, and intangible assets consisted of the following (in thousands):


	Three Months Ended March 31,
		2023		2022
				(Restated)
Cost of revenue		$	2,622	$	2,070
Sales and marketing		1,257		1,875
Technology and development		858		726
General and administrative		832		723
Total depreciation and amortization expense		$	5,569	$	5,394

Stock-based Compensation (Tables)

3 Months Ended

Mar. 31, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Stock Based Compensation Cost

We recorded stock-based compensation expense in the following categories in the accompanying unaudited condensed consolidated statements of operations and balance sheets (in thousands):


	Three Months Ended March 31,
		2023		2022
				(Restated)
Cost of revenue		$	874	$	277
Sales and marketing		1,532		3,125
Technology and development		4,320		4,298
General and administrative		9,741		14,165
Total stock-based compensation expense		16,467		21,865
Amount capitalized to internal-use software		911		481
Total stock-based compensation expense		$	17,378	$	22,346

Schedule of Fair Value Assumptions and Techniques for Stock Options

The assumptions that were used to calculate the grant-date fair value of our stock option grant using the Black-Scholes option pricing model were as follows:


	Three Months Ended March 31,
	2023
Expected life (years)	5.87
Risk-free interest rate	3.4	%
Expected volatility	50.7	%
Expected dividend yield	—

Net Loss Per Share Attributable to Common Stockholders (Tables)

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table shows the computation of basic and diluted net loss per share attributable to common stockholders (in thousands, except per share amounts):


	Three Months Ended March 31,
		2023		2022
				(Restated)
Numerator:
Net loss		$	(2,358)	$	(25,753)
Net loss attributable to common stockholders—basic and diluted		$	(2,358)	$	(25,753)
Denominator:
Weighted-average common stock used in computing net loss per share attributable to common stockholders—basic and diluted		191,293		198,265
Net loss per share attributable to common stockholders—basic and diluted		$	(0.01)	$	(0.13)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share


	Three Months Ended March 31,
	2023	2022
		(Restated)
Options to purchase common stock	21,066	17,832
RSUs	14,785	8,008
Employee stock purchase plan	136	91
PSUs	1,316	—
Total	37,303	25,931

Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2023

Fair Value Disclosures [Abstract]

Summary of Assets and Liabilities that are Measured at Fair Value on a Recurring Basis

The following tables summarize our assets and liabilities that are measured at fair value on a recurring basis, by level, within the fair value hierarchy (in thousands):


	As of March 31, 2023
	Level 1		Level 2		Level 3
Available-for-sale debt securities	$	—	$	—	$	1,000
Money market funds	171,736		—		—
Total assets	$	171,736	$	—	$	1,000
Contingent consideration	—		—		205
Total liabilities	$	—	$	—	$	205


	As of December 31, 2022
	Level 1		Level 2		Level 3
Available-for-sale debt securities	$	—	$	—	$	995
Money market fund	130,215		—		—
Total assets	$	130,215	$	—	$	995
Contingent consideration	—		—		836
Total liabilities	$	—	$	—	$	836

Accumulated Other Comprehensive (Loss) Income (Tables)

3 Months Ended

Mar. 31, 2023

Stockholders' Equity Note [Abstract]

Schedule of Changes in Accumulated Other Comprehensive Income (Loss)

Changes in accumulated other comprehensive (loss) income consisted of the following:


	Three Months Ended March 31, 2023
(in thousands)	Before Tax Amount		Tax Effect		Net of Tax Amount
Foreign currency translation adjustments:
Beginning balance at December 31, 2022	$	1,358	$	—	$	1,358
Change during period	(631)		—		(631)
Ending balance at March 31, 2023	$	727	$	—	$	727




Available-for-sale debt securities:
Beginning balance at December 31, 2022	$	184	$	(45)	$	139
Unrealized gains	—		—		—
Ending balance at March 31, 2023	$	184	$	(45)	$	139
Accumulated other comprehensive (loss) income:
Beginning balance at December 31, 2022	$	1,542	$	(45)	$	1,497


	Three Months Ended March 31, 2023
(in thousands)	Before Tax Amount		Tax Effect		Net of Tax Amount
Other comprehensive loss	(631)		—		(631)
Ending balance at March 31, 2023	$	911	$	(45)	$	866


	Three Months Ended March 31, 2022 (Restated)
(in thousands)	Before Tax Amount		Tax Effect		Net of Tax Amount
Foreign currency translation adjustments:
Beginning balance at December 31, 2021	$	(2,078)	$	—	$	(2,078)
Change during period	1,402		—		1,402
Ending balance at March 31, 2022	$	(676)	$	—	$	(676)




Available-for-sale debt securities:
Beginning balance at December 31, 2021	$	331	$	(48)	$	283
Unrealized gains	51		(13)		38
Ending balance at March 31, 2022	$	382	$	(61)	$	321
















Accumulated other comprehensive loss:
Beginning balance at December 31, 2021	$	(1,747)	$	(48)	$	(1,795)
Other comprehensive income	1,453		(13)		1,440
Ending balance at March 31, 2022	$	(294)	$	(61)	$	(355)

Restatement - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended	9 Months Ended
	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2022	Sep. 30, 2022
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Revenue	$ 165,936			$ 155,427
Sales and marketing	$ 60,150			76,874
Adjustments
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Revenue				1,218
Sales and marketing				0
Overstatement \| Revision of Prior Period, Error Correction, Adjustment
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Adjustments for income tax expense (benefit)		$ 1,200		3,900	$ 4,100	$ 2,800
Discrete Impact \| Revision of Prior Period, Error Correction, Adjustment
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Adjustments for income tax expense (benefit)				2,400
Impact of Error in Annual Effective Tax Rate \| Revision of Prior Period, Error Correction, Adjustment
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Adjustments for income tax expense (benefit)				1,500
Understatement \| Revision of Prior Period, Error Correction, Adjustment
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Adjustments for income tax expense (benefit)			$ 200
Unrecognized Revenue \| Adjustments
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Revenue		900		1,200
Associated Costs of Revenue \| Adjustments
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Revenue		$ 300		$ 200
Late Customer Acquisition Marketing Received from a Marketing Vendor \| Adjustments
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Sales and marketing			$ 1,200

Restatement - Restatements (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Jan. 01, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 204,126	$ 247,504	$ 189,082
Accounts receivable, net of allowances of $3,633	15,766	13,389	13,177
Allowance for credit loss	4,870	3,633	4,730		$ 4,060
Prepaid expenses and other current assets	19,581	22,930	16,699
Total current assets	262,195	283,823	241,680
Property and equipment, net	34,446	47,769	30,823
Goodwill	63,247	59,994	63,229
Intangible assets, net	17,566	15,361	18,900
Operating lease right-of-use assets	10,461	5,292	11,148	$ 5,700
Deferred income taxes	26,682	28,726	29,380
Available-for-sale debt securities	1,000	1,182	995
Other assets	8,755	13,157	9,240
Total assets	424,352	455,304	405,395
Current liabilities:
Accounts payable	25,803	31,747	25,312
Accrued expenses and other current liabilities	51,682	56,606	57,373
Deferred revenue	181,219	163,016	164,200
Operating lease liabilities	2,351	1,607	2,317
Total current liabilities	261,055	252,976	249,202
Operating lease liabilities, non-current	8,353	3,505	8,958
Deferred revenue	794	1,283	892
Other liabilities	4,133	2,833	3,968
Total liabilities	274,335	260,597	263,020
Stockholders’ equity:
Preferred stock, $0.001 par value; 100,000 shares authorized at March 31, 2023 and December 31, 2022, none issued or outstanding at March 31, 2023 and December 31, 2022	$ 0	$ 0	$ 0
Preferred stock par value (in dollars per share)	$ 0.001	$ 0.001	$ 0.001
Preferred stock shares authorized (in shares)	100,000,000	100,000	100,000,000
Preferred stock shares issued (in shares)	0	0	0
Preferred stock shares outstanding (in shares)	0	0	0
Common stock, $0.001 par value; 1,000,000 shares authorized; 191,244 shares and 190,822 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively	$ 190	$ 198	$ 190
Common stock par value (in dollars per share)	$ 0.001	$ 0.001	$ 0.001
Common stock shares authorized (in shares)	1,000,000,000	1,000,000	1,000,000,000
Common stock shares issued (in shares)	191,244,000	198,599	190,822,000
Common stock shares outstanding (in shares)	191,244,000	198,599	190,822,000
Additional paid-in capital	$ 1,049,948	$ 969,731	$ 1,032,550
Accumulated deficit	(900,987)	(774,867)	(891,862)
Accumulated other comprehensive income	866	(355)	1,497
Total stockholders’ equity	150,017	194,707	142,375		197,551
Total liabilities and stockholders’ equity	424,352	455,304	405,395
Income Statement [Abstract]
Revenue	165,936	155,427
Cost of revenue	60,395	56,182
Gross profit	105,541	99,245
Operating expenses:
Sales and marketing	60,150	76,874
Technology and development	19,683	17,959
General and administrative	26,504	29,488
Total operating expenses	106,337	124,321
Loss from operations	(796)	(25,076)
Interest income (expense), net	1,581	(53)
Other income (expense), net	694	(1,544)
Income (loss) before income taxes	1,479	(26,673)
Provision for (benefit from) income taxes	3,837	(920)
Net loss	$ (2,358)	$ (25,753)
Net loss per share attributable to common stockholders—basic (in dollars per share)	$ (0.01)	$ (0.13)
Net loss per share attributable to common stockholders—diluted (in dollar per share)	$ (0.01)	$ (0.13)
Weighted-average shares used to compute net loss per share attributable to common stockholders—basic (in shares)	191,293,000	198,265,000
Weighted-average shares used to compute net loss per share attributable to common stockholders—diluted (in shares)	191,293,000	198,265,000
Statement of Other Comprehensive Income [Abstract]
Net loss	$ (2,358)	$ (25,753)
Other comprehensive income	(631)	1,440
Total comprehensive loss	(2,989)	(24,313)
Statement of Stockholders' Equity [Abstract]
Beginning balance	142,375	197,551
Net loss	(2,358)	(25,753)
Ending balance	150,017	194,707
Cash flows from operating activities
Net loss	(2,358)	(25,753)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	5,569	5,394
Amortization of right-of-use assets	687	378
Amortization of debt issuance costs	56	56
Impairment of other equity security	0	170
Stock-based compensation	16,467	21,865
Deferred income taxes	2,763	(1,086)
Unrealized foreign exchange (gain) loss	(579)	1,379
Changes in operating assets and liabilities:
Accounts receivable	(2,588)	(2,755)
Prepaid expenses and other current assets	(2,869)	(6,464)
Other assets	348	(811)
Accounts payable	936	(117)
Accrued expenses and other liabilities	(4,947)	5,772
Operating lease liabilities	(572)	(770)
Income tax payable	7	7
Deferred revenue	16,918	16,472
Net cash provided by operating activities	29,208	13,737
Cash flows from investing activities
Proceeds from acquisition working capital adjustment	0	304
Purchase of property and equipment	(7,428)	(4,911)
Net cash used in investing activities	(7,428)	(4,607)
Cash flows from financing activities
Repayment of capital lease obligations	(9)	(4)
Repurchase and retirement of common stock	(6,768)	(1,094)
Shares surrendered for settlement of minimum statutory tax withholding	0	(11)
Proceeds from issuance of stock under employee stock plans	22	237
Net cash used in financing activities	(6,755)	(872)
Effect of exchange rate changes on cash and cash equivalents	19	(51)
Net increase in cash and cash equivalents	15,044	8,207
Cash and cash equivalents, at beginning of the period	189,082	239,297
Cash and cash equivalents, at end of the period	204,126	247,504
Common Stock
Stockholders’ equity:
Total stockholders’ equity	$ 190	$ 198	190		198
Statement of Stockholders' Equity [Abstract]
Beginning balance, shares	190,822,000	198,084,000
Beginning balance	$ 190	$ 198
Ending balance, shares	191,244,000	198,599,000
Ending balance	$ 190	$ 198
Additional Paid-In Capital
Stockholders’ equity:
Total stockholders’ equity	1,049,948	969,731	1,032,550		947,160
Statement of Stockholders' Equity [Abstract]
Beginning balance	1,032,550	947,160
Ending balance	1,049,948	969,731
Accumulated Deficit
Stockholders’ equity:
Total stockholders’ equity	(900,987)	(774,867)	(891,862)		(748,012)
Operating expenses:
Net loss	(2,358)	(25,753)
Statement of Other Comprehensive Income [Abstract]
Net loss	(2,358)	(25,753)
Statement of Stockholders' Equity [Abstract]
Beginning balance	(891,862)	(748,012)
Net loss	(2,358)	(25,753)
Ending balance	(900,987)	(774,867)
Cash flows from operating activities
Net loss	(2,358)	(25,753)
Accumulated Other Comprehensive (Loss) Income
Stockholders’ equity:
Accumulated other comprehensive income	866	(355)	1,497		(1,795)
Total stockholders’ equity	866	(355)	$ 1,497		$ (1,795)
Statement of Other Comprehensive Income [Abstract]
Other comprehensive income	(631)	1,440
Statement of Stockholders' Equity [Abstract]
Beginning balance	1,497	(1,795)
Ending balance	866	(355)
As Reported
Current assets:
Cash and cash equivalents		247,504
Accounts receivable, net of allowances of $3,633		12,784
Allowance for credit loss	$ 3,633
Prepaid expenses and other current assets		23,172
Total current assets		283,460
Property and equipment, net		47,769
Goodwill		59,994
Intangible assets, net		15,361
Operating lease right-of-use assets		5,292
Deferred income taxes		24,849
Available-for-sale debt securities		1,182
Other assets		13,157
Total assets		451,064
Current liabilities:
Accounts payable		31,747
Accrued expenses and other current liabilities		56,509
Deferred revenue		163,729
Operating lease liabilities		1,607
Total current liabilities		253,592
Operating lease liabilities, non-current		3,505
Deferred revenue		1,283
Other liabilities		2,833
Total liabilities		261,213
Stockholders’ equity:
Preferred stock, $0.001 par value; 100,000 shares authorized at March 31, 2023 and December 31, 2022, none issued or outstanding at March 31, 2023 and December 31, 2022		0
Common stock, $0.001 par value; 1,000,000 shares authorized; 191,244 shares and 190,822 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively		198
Additional paid-in capital		969,731
Accumulated deficit		(779,723)
Accumulated other comprehensive income		(355)
Total stockholders’ equity		189,851
Total liabilities and stockholders’ equity		451,064
Income Statement [Abstract]
Revenue		154,209
Cost of revenue		55,940
Gross profit		98,269
Operating expenses:
Sales and marketing		76,874
Technology and development		17,959
General and administrative		29,488
Total operating expenses		124,321
Loss from operations		(26,052)
Interest income (expense), net		(53)
Other income (expense), net		(1,544)
Income (loss) before income taxes		(27,649)
Provision for (benefit from) income taxes		2,960
Net loss		$ (30,609)
Net loss per share attributable to common stockholders—basic (in dollars per share)		$ (0.15)
Net loss per share attributable to common stockholders—diluted (in dollar per share)		$ (0.15)
Weighted-average shares used to compute net loss per share attributable to common stockholders—basic (in shares)		198,265,000
Weighted-average shares used to compute net loss per share attributable to common stockholders—diluted (in shares)		198,265,000
Statement of Other Comprehensive Income [Abstract]
Net loss		$ (30,609)
Other comprehensive income		1,440
Total comprehensive loss		(29,169)
Statement of Stockholders' Equity [Abstract]
Beginning balance
Net loss		(30,609)
Ending balance		189,851
Cash flows from operating activities
Net loss		(30,609)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization		5,394
Amortization of right-of-use assets		378
Amortization of debt issuance costs		56
Impairment of other equity security		170
Stock-based compensation		21,865
Deferred income taxes		2,791
Unrealized foreign exchange (gain) loss		1,379
Changes in operating assets and liabilities:
Accounts receivable		(2,150)
Prepaid expenses and other current assets		(6,706)
Other assets		(811)
Accounts payable		(117)
Accrued expenses and other liabilities		5,675
Operating lease liabilities		(770)
Income tax payable		7
Deferred revenue		17,185
Net cash provided by operating activities		13,737
Cash flows from investing activities
Proceeds from acquisition working capital adjustment		304
Purchase of property and equipment		(4,911)
Net cash used in investing activities		(4,607)
Cash flows from financing activities
Repayment of capital lease obligations		(4)
Repurchase and retirement of common stock		(1,094)
Shares surrendered for settlement of minimum statutory tax withholding		(11)
Proceeds from issuance of stock under employee stock plans		237
Net cash used in financing activities		(872)
Effect of exchange rate changes on cash and cash equivalents		(51)
Net increase in cash and cash equivalents		8,207
Cash and cash equivalents, at beginning of the period		239,297
Cash and cash equivalents, at end of the period		247,504
As Reported \| Common Stock
Stockholders’ equity:
Total stockholders’ equity		$ 198
Statement of Stockholders' Equity [Abstract]
Beginning balance, shares
Beginning balance
Ending balance, shares		198,599,000
Ending balance		$ 198
As Reported \| Additional Paid-In Capital
Stockholders’ equity:
Total stockholders’ equity		969,731
Statement of Stockholders' Equity [Abstract]
Beginning balance
Ending balance		969,731
As Reported \| Accumulated Deficit
Stockholders’ equity:
Total stockholders’ equity		(779,723)
Statement of Stockholders' Equity [Abstract]
Beginning balance
Ending balance		(779,723)
As Reported \| Accumulated Other Comprehensive (Loss) Income
Stockholders’ equity:
Total stockholders’ equity		(355)
Statement of Stockholders' Equity [Abstract]
Beginning balance
Ending balance		(355)
Adjustments
Current assets:
Cash and cash equivalents		0
Accounts receivable, net of allowances of $3,633		605
Prepaid expenses and other current assets		(242)
Total current assets		363
Property and equipment, net		0
Goodwill		0
Intangible assets, net		0
Operating lease right-of-use assets		0
Deferred income taxes		3,877
Available-for-sale debt securities		0
Other assets		0
Total assets		4,240
Current liabilities:
Accounts payable		0
Accrued expenses and other current liabilities		97
Deferred revenue		(713)
Operating lease liabilities		0
Total current liabilities		(616)
Operating lease liabilities, non-current		0
Deferred revenue		0
Other liabilities		0
Total liabilities		(616)
Stockholders’ equity:
Preferred stock, $0.001 par value; 100,000 shares authorized at March 31, 2023 and December 31, 2022, none issued or outstanding at March 31, 2023 and December 31, 2022		0
Common stock, $0.001 par value; 1,000,000 shares authorized; 191,244 shares and 190,822 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively		0
Additional paid-in capital		0
Accumulated deficit		4,856
Accumulated other comprehensive income		0
Total stockholders’ equity		4,856
Total liabilities and stockholders’ equity		4,240
Income Statement [Abstract]
Revenue		1,218
Cost of revenue		242
Gross profit		976
Operating expenses:
Sales and marketing		0
Technology and development		0
General and administrative		0
Total operating expenses		0
Loss from operations		976
Interest income (expense), net		0
Other income (expense), net		0
Income (loss) before income taxes		976
Provision for (benefit from) income taxes		(3,880)
Net loss		$ 4,856
Net loss per share attributable to common stockholders—basic (in dollars per share)		$ 0
Net loss per share attributable to common stockholders—diluted (in dollar per share)		$ 0
Weighted-average shares used to compute net loss per share attributable to common stockholders—basic (in shares)		0
Weighted-average shares used to compute net loss per share attributable to common stockholders—diluted (in shares)		0
Statement of Other Comprehensive Income [Abstract]
Net loss		$ 4,856
Other comprehensive income		0
Total comprehensive loss		4,856
Statement of Stockholders' Equity [Abstract]
Beginning balance
Net loss		4,856
Ending balance		4,856
Cash flows from operating activities
Net loss		4,856
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization		0
Amortization of right-of-use assets		0
Amortization of debt issuance costs		0
Impairment of other equity security		0
Stock-based compensation		0
Deferred income taxes		(3,877)
Unrealized foreign exchange (gain) loss		0
Changes in operating assets and liabilities:
Accounts receivable		(605)
Prepaid expenses and other current assets		242
Other assets		0
Accounts payable		0
Accrued expenses and other liabilities		97
Operating lease liabilities		0
Income tax payable		0
Deferred revenue		(713)
Net cash provided by operating activities		0
Cash flows from investing activities
Proceeds from acquisition working capital adjustment		0
Purchase of property and equipment		0
Net cash used in investing activities		0
Cash flows from financing activities
Repayment of capital lease obligations		0
Repurchase and retirement of common stock		0
Shares surrendered for settlement of minimum statutory tax withholding		0
Proceeds from issuance of stock under employee stock plans		0
Net cash used in financing activities		0
Effect of exchange rate changes on cash and cash equivalents		0
Net increase in cash and cash equivalents		0
Cash and cash equivalents, at beginning of the period		0
Cash and cash equivalents, at end of the period		$ 0

Summary of Significant Accounting Policies - Additional Information (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($) segment	Mar. 31, 2022 USD ($)	Dec. 31, 2022 USD ($)	Jan. 01, 2022 USD ($)
Accounting Policies [Abstract]
Number of operating segments \| segment	1
Foreign currency transaction gains (losses)	$ 579	$ (1,379)
Operating lease right-of-use assets	$ 10,461	$ 5,292	$ 11,148	$ 5,700
Operating lease liability				$ 5,900

Summary of Significant Accounting Policies - Summary of Revenue Recognition (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Disaggregation of Revenue [Line Items]
Total revenue	$ 165,936	$ 155,427
Transaction
Disaggregation of Revenue [Line Items]
Total revenue	62,239	65,325
Subscription
Disaggregation of Revenue [Line Items]
Total revenue	97,311	84,364
Partner
Disaggregation of Revenue [Line Items]
Total revenue	$ 6,386	$ 5,738

- Definition

Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 4
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130543-203045

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 924
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 11.L)
-URI https://asc.fasb.org/extlink&oid=6472922&loc=d3e499488-122856

+ Details

Other Financial Statement Information - Summary of Changes in the Allowance (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 4,730	$ 4,060
Add: amounts recognized as a reduction of revenue	2,116	1,721
Add: allowance for credit losses recognized in general and administrative expense	64	73
Less: write-offs, net of recoveries	(2,040)	(2,221)
Ending balance	$ 4,870	$ 3,633

Other Financial Statement Information - Summary of Prepaid Expenses and Other Current Assets (Detail) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022
Other Financial Information [Abstract]
Prepaid expenses	$ 12,423	$ 10,624
Deferred cost of revenue	3,461	1,915
Capitalized cloud computing development costs	1,176	1,407
Income tax receivable	217	760
Other current assets	2,304	1,993
Total prepaid expenses and other current assets	$ 19,581	$ 16,699	$ 22,930

Other Financial Statement Information - Summary of Accrued Expenses and Other Current Liabilities (Detail) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Other Financial Information [Abstract]
Accrued payroll and related expenses	$ 18,731	$ 27,822
Accrued vendor payables	20,715	15,531
Accrued advertising	66	1,071
Sales allowances	4,512	4,426
Accrued sales, use and business taxes	3,746	3,838
Other	3,912	4,685
Total accrued expenses and other current liabilities	$ 51,682	$ 57,373

Other Financial Statement Information - Summary of Depreciation and Amortization Expense (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Disclosure Details Of Depreciation And Amortization [Line Items]
Total depreciation and amortization expense	$ 5,569	$ 5,394
Cost of revenue
Disclosure Details Of Depreciation And Amortization [Line Items]
Total depreciation and amortization expense	2,622	2,070
Sales and marketing
Disclosure Details Of Depreciation And Amortization [Line Items]
Total depreciation and amortization expense	1,257	1,875
Technology and development
Disclosure Details Of Depreciation And Amortization [Line Items]
Total depreciation and amortization expense	858	726
General and administrative
Disclosure Details Of Depreciation And Amortization [Line Items]
Total depreciation and amortization expense	$ 832	$ 723

Other Financial Statement Information - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Other Financial Information [Abstract]
Contract with customer liability	$ 182.0		$ 165.1
Contract with customer liability revenue recognized	$ 79.5	$ 81.9

Assets Held for Sale (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Current assets held for sale	$ 22,722	$ 22,722
Disposal Group, Held-for-sale, Not Discontinued Operations \| Austin, Texas Operational Headquarters
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Current assets held for sale	$ 22,700

- Definition

Amount classified as assets attributable to disposal group held for sale or disposed of, expected to be disposed of within one year or the normal operating cycle, if longer.

+ References + Details

Long-term Debt - Additional Information (Detail)		1 Months Ended	3 Months Ended
Long-term Debt - Additional Information (Detail)	Jul. 02, 2021 USD ($)	May 09, 2023	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Jul. 31, 2021
Debt Instrument [Line Items]
Letters of credit outstanding			$ 0	$ 0
2021 Revolving Facility
Debt Instrument [Line Items]
Total net first lien leverage ratio			4.50
Percent of total commitments not reimbursed			35.00%
Line of credit outstanding			$ 0	$ 0
2021 Revolving Facility \| Federal Funds Effective Rate
Debt Instrument [Line Items]
Effective interest rate					0.50%
Revolving Credit Facility \| 2021 Revolving Facility
Debt Instrument [Line Items]
Line of credit maximum borrowing capacity	$ 150,000,000
Debt issuance costs	$ 800,000
One month LIBOR floor	1.00%
Rate added to one month LIBOR	1.00%
LIBOR floor	0.00%
Rate added to LIBOR	2.00%
Basis spread on variable rate, initial reduction	0.25%
Basis spread on variable rate, further reduction	0.25%
Total net first lien leverage ratio, first reduction requirement	3.50
Total net first lien leverage ratio, second reduction requirement	2.50
Commitment fee	0.35%
Commitment fee reduction	0.10%
Total net first lien leverage ratio, maximum	3.50
Revolving Credit Facility \| 2021 Revolving Facility \| Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate \| Subsequent Event
Debt Instrument [Line Items]
Basis spread		0.10%
Letter of Credit
Debt Instrument [Line Items]
Line of credit maximum borrowing capacity	$ 20,000,000
Swingline Loan
Debt Instrument [Line Items]
Line of credit maximum borrowing capacity	$ 10,000,000

Commitments and Contingencies - Additional Information (Detail) - Non-cancellable Agreements With Vendors - Advertising Media and Other Commitments $ in Millions	3 Months Ended
	Mar. 31, 2023 USD ($)
Other Commitments [Line Items]
Minimum non-cancellable commitment	$ 6.8
Non-cancellable commitment pay period	2 years
Contractual obligation	$ 60.1
Contractual obligation pay period	5 years
Contractual obligation remainder to be paid	$ 44.7

Stockholders' Equity (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	3 Months Ended
	May 09, 2023	Mar. 31, 2023	Mar. 31, 2022	Mar. 01, 2022
Equity, Class of Treasury Stock [Line Items]
Stock repurchase program, amount authorized for repurchase				$ 150,000
Shares repurchased (in shares)		770,717
Average price per share (in dollars per share)		$ 8.78
Shares repurchased, value		$ 6,768	$ 1,102
Future repurchases available		$ 48,100
Subsequent Event
Equity, Class of Treasury Stock [Line Items]
Shares repurchased (in shares)	335,082
Shares repurchased, value	$ 2,700

Stock-based Compensation - Schedule of Stock Based Compensation Cost (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Schedule Of Share Based Compensation Employee Stock Purchase Plan Activity [Line Items]
Total stock-based compensation expense	$ 17,378	$ 22,346
Cost of revenue
Schedule Of Share Based Compensation Employee Stock Purchase Plan Activity [Line Items]
Total stock-based compensation expense	874	277
Sales and marketing
Schedule Of Share Based Compensation Employee Stock Purchase Plan Activity [Line Items]
Total stock-based compensation expense	1,532	3,125
Technology and development
Schedule Of Share Based Compensation Employee Stock Purchase Plan Activity [Line Items]
Total stock-based compensation expense	4,320	4,298
General and administrative
Schedule Of Share Based Compensation Employee Stock Purchase Plan Activity [Line Items]
Total stock-based compensation expense	9,741	14,165
Total stock-based compensation expense
Schedule Of Share Based Compensation Employee Stock Purchase Plan Activity [Line Items]
Total stock-based compensation expense	16,467	21,865
Amount capitalized to internal-use software
Schedule Of Share Based Compensation Employee Stock Purchase Plan Activity [Line Items]
Total stock-based compensation expense	$ 911	$ 481

Stock-Based Compensation - Additional Information (Detail) - USD ($) $ in Thousands, shares in Millions	1 Months Ended	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2023	Mar. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated share based compensation expenses		$ 17,378	$ 22,346
Executive Officer
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)	3.9
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)		7.3
Units granted, fair value		$ 61,400
PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)		1.3
Revenue, profitability and market share target percentage, achieved		75.00%
Revenue, profitability and market share target percentage, vesting on one year anniversary		25.00%
Allocated share based compensation expenses		$ 100
Change-in-control event, target award vesting percentage		100.00%
PSUs \| Vesting Period One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Change-in-control event, target award vesting percentage		75.00%
PSUs \| Vesting Period Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Change-in-control event, target award vesting percentage		25.00%
PSUs \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Revenue, profitability and market share target percentage		0.00%
PSUs \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Revenue, profitability and market share target percentage		150.00%

Stock-based Compensation - Schedule of Fair Value Assumptions and Techniques for Stock Options (Detail)	3 Months Ended
	Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]
Expected life (years)	5 years 10 months 13 days
Risk-free interest rate	3.40%
Expected volatility	50.70%
Expected dividend yield	0.00%

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Provision (benefit) for income taxes	$ 3,837	$ (920)
Effective tax rate	259.40%	3.40%
Gross unrecognized tax benefits	$ 9,200		$ 8,900
Unrecognized tax benefits that would impact effective tax rate	$ 9,200

- Definition

Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

+ References + Details

Net Loss Per Share Attributable to Common Stockholders - Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Numerator:
Net loss	$ (2,358)	$ (25,753)
Net loss attributable to common stockholders - basic	(2,358)	(25,753)
Net loss attributable to common stockholders - diluted	$ (2,358)	$ (25,753)
Denominator:
Weighted-average common stock used in computing net loss per share attributable to common stockholders—basic (in shares)	191,293,000	198,265,000
Weighted-average shares used to compute net loss per share attributable to common stockholders—diluted (in shares)	191,293,000	198,265,000
Net loss per attributable to common stockholders - basic (in dollars per share)	$ (0.01)	$ (0.13)
Net loss per attributable to common stockholders - diluted (in dollars per share)	$ (0.01)	$ (0.13)

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 1
-Subparagraph (e)(4)
-URI https://asc.fasb.org/extlink&oid=126732423&loc=SL123482106-238011

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22583-107794

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 10
-URI https://asc.fasb.org/extlink&oid=126958026&loc=d3e1448-109256

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 4
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22595-107794

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 7
-URI https://asc.fasb.org/extlink&oid=126958026&loc=d3e1337-109256

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 1
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=126732423&loc=SL123482106-238011

Reference 9: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI https://asc.fasb.org/extlink&oid=128363288&loc=d3e4984-109258

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(23))
-URI https://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 15
-URI https://asc.fasb.org/extlink&oid=128363288&loc=d3e3842-109258

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 7
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22644-107794

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(25))
-URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI https://asc.fasb.org/extlink&oid=126958026&loc=d3e1252-109256

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 60B
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=126958026&loc=SL5780133-109256

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(27))
-URI https://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260

+ Details

- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI https://asc.fasb.org/extlink&oid=128363288&loc=d3e4984-109258

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 7
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22644-107794

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 15
-URI https://asc.fasb.org/extlink&oid=128363288&loc=d3e3842-109258

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI https://asc.fasb.org/extlink&oid=126958026&loc=d3e1252-109256

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 4
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22595-107794

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22583-107794

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 60B
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=126958026&loc=SL5780133-109256

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 1
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=126732423&loc=SL123482106-238011

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(27))
-URI https://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(23))
-URI https://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 7
-URI https://asc.fasb.org/extlink&oid=126958026&loc=d3e1337-109256

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 1
-Subparagraph (e)(4)
-URI https://asc.fasb.org/extlink&oid=126732423&loc=SL123482106-238011

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(25))
-URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227

+ Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

+ Details

- Definition

Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 4
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22595-107794

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 10
-URI https://asc.fasb.org/extlink&oid=126958026&loc=d3e1448-109256

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 11
-URI https://asc.fasb.org/extlink&oid=126958026&loc=d3e1377-109256

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 60B
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=126958026&loc=SL5780133-109256

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 10: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22583-107794

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

+ Details

- Definition

Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities, and addition from assumption of issuance of common shares for dilutive potential common shares; of income (loss) available to common shareholders.

+ References + Details

Net Loss Per Share Attributable to Common Stockholders - Antidilutive Securities (Details) - shares shares in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	37,303	25,931
Options to purchase common stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	21,066	17,832
RSUs
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	14,785	8,008
Employee stock purchase plan
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	136	91
PSUs
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	1,316	0

Restructuring (Details) $ in Millions	3 Months Ended
Restructuring (Details) $ in Millions	Mar. 31, 2023 USD ($)
UNITED KINGDOM
Restructuring Cost and Reserve [Line Items]
Severance costs	$ 0.6

Fair Value Measurements - Assets and Liabilities at Fair Value (Detail) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	$ 171,736	$ 130,215
Total liabilities	0	0
Level 1 \| Contingent consideration
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities	0	0
Level 1 \| Available-for-sale debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	0	0
Level 1 \| Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	171,736	130,215
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	0	0
Total liabilities	0	0
Level 2 \| Contingent consideration
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities	0	0
Level 2 \| Available-for-sale debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	0	0
Level 2 \| Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	0	0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	1,000	995
Total liabilities	205	836
Level 3 \| Contingent consideration
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities	205	836
Level 3 \| Available-for-sale debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	1,000	995
Level 3 \| Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	$ 0	$ 0

Accumulated Other Comprehensive (Loss) Income (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Change in available-for-sale debt securities due to unrealized gains	$ 0	$ 38
Beginning Balance Accumulated other comprehensive loss, Net of Tax Amount	1,497
Other comprehensive income (loss), Net of Tax Amount	(631)	1,440
Ending Balance Accumulated other comprehensive loss, Net of Tax Amount	866	(355)
Foreign currency translation adjustments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance Before Tax Amount	1,358	(2,078)
Change during period, Before Tax Amount	(631)	1,402
Ending Balance Before Tax Amount	727	(676)
Beginning Balance Net of Tax Amount	1,358	(2,078)
Change during period, Net of Tax Amount	(631)	1,402
Ending Balance Net of Tax Amount	727	(676)
Available-for-sale debt securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance Before Tax Amount	184	331
Unrealized gain (loss) Before Tax Amount	0	51
Ending Balance Before Tax Amount	184	382
Beginning Balance Tax Effect	(45)	(48)
Unrealized gain (loss), Tax Effect	0	(13)
Ending Balance Tax Effect	(45)	(61)
Beginning Balance Available-for-sale debt securities, Net of Tax Amount	139	283
Change in available-for-sale debt securities due to unrealized gains	0	38
Ending Balance Available-for-sale debt securities, Net of Tax Amount	139	321
Accumulated other comprehensive loss
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance Before Tax Amount	1,542	(1,747)
Other comprehensive income (loss), Before Tax Amount	(631)	1,453
Ending Balance Before Tax Amount	911	(294)
Beginning Balance Tax Effect	(45)	(48)
Other comprehensive income (loss), Tax Effect	0	(13)
Ending Balance Tax Effect	(45)	(61)
Beginning Balance Accumulated other comprehensive loss, Net of Tax Amount	1,497	(1,795)
Other comprehensive income (loss), Net of Tax Amount	(631)	1,440
Ending Balance Accumulated other comprehensive loss, Net of Tax Amount	$ 866	$ (355)