Coursera (COUR) 10-Q 3 Aug 23 2023 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2023	Jul. 27, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2023
Document Transition Report	false
Entity File Number	001-40275
Entity Registrant Name	COURSERA, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	45-3560292
Entity Address, Address Line One	381 E. Evelyn Ave.
Entity Address, City or Town	Mountain View
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94041
City Area Code	650
Local Phone Number	963-9884
Title of 12(b) Security	Common Stock, $0.00001 par value per share
Trading Symbol	COUR
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		149,691,192
Entity Central Index Key	0001651562
Document Fiscal Year Focus	2023
Amendment Flag	false
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-31

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 361,201	$ 320,817
Marketable securities	355,710	459,654
Accounts receivable, net of allowance for credit losses of $267 and $495 as of June 30, 2023 and December 31, 2022	73,209	53,734
Deferred costs, net	24,734	24,147
Prepaid expenses and other current assets	22,154	17,636
Total current assets	837,008	875,988
Property, equipment, and software, net	28,840	27,096
Operating lease right-of-use assets	7,199	9,605
Intangible assets, net	9,179	8,553
Other assets	36,484	26,355
Total assets	918,710	947,597
Current liabilities:
Educator partners payable	88,719	66,375
Other accounts payable and accrued expenses	17,582	23,342
Accrued compensation and benefits	23,020	21,163
Operating lease liabilities, current	7,660	8,658
Deferred revenue, current	138,601	115,701
Other current liabilities	9,093	7,202
Total current liabilities	284,675	242,441
Operating lease liabilities, non-current	2,650	5,791
Deferred revenue, non-current	3,212	3,076
Other liabilities	1,692	1,714
Total liabilities	292,229	253,022
Commitments and contingencies (Note 9)
Stockholders’ equity:
Preferred stock, $0.00001 par value—10,000,000 shares authorized and no shares issued and outstanding as of June 30, 2023 and December 31, 2022	0	0
Common stock, $0.00001 par value—300,000,000 shares authorized as of June 30, 2023 and December 31, 2022; 156,904,092 shares issued and 149,635,861 shares outstanding as of June 30, 2023, and 150,683,607 shares issued and 147,935,669 shares outstanding as of December 31, 2022	2	1
Additional paid-in capital	1,414,559	1,364,116
Treasury stock—at cost, 7,268,231 and 2,747,938 shares as of June 30, 2023 and December 31, 2022	(59,230)	(4,701)
Accumulated other comprehensive loss	(620)	(718)
Accumulated deficit	(728,230)	(664,123)
Total stockholders’ equity	626,481	694,575
Total liabilities and stockholders’ equity	$ 918,710	$ 947,597

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Allowance for doubtful accounts	$ 267	$ 495
Preferred stock, par value (in dollars per share)	$ 0.00001	$ 0.00001
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.00001	$ 0.00001
Common stock, shares authorized (in shares)	300,000,000	300,000,000
Common stock, shares issued (in shares)	156,904,092	150,683,607
Common stock, shares outstanding (in shares)	149,635,861	147,935,669
Treasury stock, shares (in shares)	7,268,231	2,747,938

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Income Statement [Abstract]
Revenue	$ 153,702	$ 124,754	$ 301,344	$ 245,187
Cost of revenue	74,001	46,348	144,175	89,151
Gross profit	79,701	78,406	157,169	156,036
Operating expenses:
Research and development	41,286	44,929	85,095	82,884
Sales and marketing	52,001	55,586	104,873	107,253
General and administrative	24,937	25,726	50,460	50,904
Restructuring related charges	(147)	0	(5,806)	0
Total operating expenses	118,077	126,241	234,622	241,041
Loss from operations	(38,376)	(47,835)	(77,453)	(85,005)
Interest income	8,240	837	16,277	1,172
Other (expense) income, net	(8)	(1,173)	94	(1,598)
Loss before income taxes	(30,144)	(48,171)	(61,082)	(85,431)
Income tax expense	1,599	1,163	3,025	2,171
Net loss	$ (31,743)	$ (49,334)	$ (64,107)	$ (87,602)
Net loss per shares-basic (in dollars per share)	$ (0.21)	$ (0.34)	$ (0.43)	$ (0.61)
Net loss per share-diluted (in dollars per share)	$ (0.21)	$ (0.34)	$ (0.43)	$ (0.61)
Weighted average shares used in computing net loss per share- basic (in shares)	150,262,064	144,782,220	149,621,816	143,909,469
Weighted average shares used in computing net loss per share— diluted (in shares)	150,262,064	144,782,220	149,621,816	143,909,469

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Loss (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Statement of Comprehensive Income [Abstract]
Net loss	$ (31,743)	$ (49,334)	$ (64,107)	$ (87,602)
Change in unrealized (loss) gain on marketable securities, net of tax	(335)	(454)	98	(2,066)
Comprehensive loss	$ (32,078)	$ (49,788)	$ (64,009)	$ (89,668)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Stockholders’ Equity (Unaudited) - USD ($)	Total	Common Stock	Additional Paid-In Capital	Treasury Stock	Accumulated Other Comprehensive Loss	Accumulated Deficit
Beginning balance (in shares) at Dec. 31, 2021		144,653,979
Beginning balance at Dec. 31, 2021	$ 741,513,000	$ 1,000	$ 1,235,231,000	$ (4,701,000)	$ (252,000)	$ (488,766,000)
Treasury stock, beginning balance (in shares) at Dec. 31, 2021				(2,747,938)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock upon exercise of options (in shares)		2,873,688
Issuance of common stock upon exercise of options	11,485,000		11,485,000
Vesting of restricted stock units (in shares)		722,365
Tax withholding on vesting of restricted stock units (in shares)		(271,089)
Tax withholding on vesting of restricted stock units	(4,852,000)		(4,852,000)
Issuance of common stock related to employee stock purchase plan (in shares)		353,828
Issuance of common stock related to employee stock purchase plan	4,596,000		4,596,000
Stock-based compensation expense	52,713,000		52,713,000
Change in unrealized gain on marketable securities	(2,066,000)				(2,066,000)
Net loss	(87,602,000)					(87,602,000)
Ending balance (in shares) at Jun. 30, 2022		148,332,771
Ending balance at Jun. 30, 2022	715,787,000	$ 1,000	1,299,173,000	$ (4,701,000)	(2,318,000)	(576,368,000)
Treasury stock, ending balance (in shares) at Jun. 30, 2022				(2,747,938)
Beginning balance (in shares) at Mar. 31, 2022		146,578,434
Beginning balance at Mar. 31, 2022	728,685,000	$ 1,000	1,262,283,000	$ (4,701,000)	(1,864,000)	(527,034,000)
Treasury stock, beginning balance (in shares) at Mar. 31, 2022				2,747,938
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock upon exercise of options (in shares)		1,145,682
Issuance of common stock upon exercise of options	5,035,000		5,035,000
Vesting of restricted stock units (in shares)		400,030
Tax withholding on vesting of restricted stock units (in shares)		(145,203)
Tax withholding on vesting of restricted stock units	(2,227,000)		(2,227,000)
Issuance of common stock related to employee stock purchase plan (in shares)		353,828
Issuance of common stock related to employee stock purchase plan	4,596,000		4,596,000
Stock-based compensation expense	29,486,000		29,486,000
Change in unrealized gain on marketable securities	(454,000)				(454,000)
Net loss	(49,334,000)					(49,334,000)
Ending balance (in shares) at Jun. 30, 2022		148,332,771
Ending balance at Jun. 30, 2022	$ 715,787,000	$ 1,000	1,299,173,000	$ (4,701,000)	(2,318,000)	(576,368,000)
Treasury stock, ending balance (in shares) at Jun. 30, 2022				(2,747,938)
Beginning balance (in shares) at Dec. 31, 2022	147,935,669	150,683,607
Beginning balance at Dec. 31, 2022	$ 694,575,000	$ 1,000	1,364,116,000	$ (4,701,000)	(718,000)	(664,123,000)
Treasury stock, beginning balance (in shares) at Dec. 31, 2022	(2,747,938)			(2,747,938)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock upon exercise of options (in shares)		3,259,812
Issuance of common stock upon exercise of options	$ 14,114,000	$ 1,000	14,113,000
Vesting of restricted stock units (in shares)		4,414,108
Tax withholding on vesting of restricted stock units (in shares)		(1,812,179)
Tax withholding on vesting of restricted stock units	(24,855,000)		(24,855,000)
Repurchases of common stock (in shares)				(4,520,293)
Repurchases of common stock	(54,529,000)			$ (54,529,000)
Issuance of restricted stock awards (in shares)		6,805
Issuance of common stock related to employee stock purchase plan (in shares)		351,939
Issuance of common stock related to employee stock purchase plan	3,530,000		3,530,000
Stock-based compensation expense	57,655,000		57,655,000
Change in unrealized gain on marketable securities	98,000				98,000
Net loss	$ (64,107,000)					(64,107,000)
Ending balance (in shares) at Jun. 30, 2023	149,635,861	156,904,092
Ending balance at Jun. 30, 2023	$ 626,481,000	$ 2,000	1,414,559,000	$ (59,230,000)	(620,000)	(728,230,000)
Treasury stock, ending balance (in shares) at Jun. 30, 2023	(7,268,231)			(7,268,231)
Beginning balance (in shares) at Mar. 31, 2023		152,932,136
Beginning balance at Mar. 31, 2023	$ 681,015,000	$ 1,000	1,382,487,000	$ (4,701,000)	(285,000)	(696,487,000)
Treasury stock, beginning balance (in shares) at Mar. 31, 2023				(2,747,938)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock upon exercise of options (in shares)		2,161,345
Issuance of common stock upon exercise of options	8,760,000	$ 1,000	8,759,000
Vesting of restricted stock units (in shares)		2,437,874
Tax withholding on vesting of restricted stock units (in shares)		979,202
Tax withholding on vesting of restricted stock units	(11,819,000)		(11,819,000)
Repurchases of common stock (in shares)				(4,520,293)
Repurchases of common stock	(54,529,000)			$ (54,529,000)
Issuance of common stock related to employee stock purchase plan (in shares)		351,939
Issuance of common stock related to employee stock purchase plan	3,530,000		3,530,000
Stock-based compensation expense	31,602,000		31,602,000
Change in unrealized gain on marketable securities	(335,000)				(335,000)
Net loss	$ (31,743,000)					(31,743,000)
Ending balance (in shares) at Jun. 30, 2023	149,635,861	156,904,092
Ending balance at Jun. 30, 2023	$ 626,481,000	$ 2,000	$ 1,414,559,000	$ (59,230,000)	$ (620,000)	$ (728,230,000)
Treasury stock, ending balance (in shares) at Jun. 30, 2023	(7,268,231)			(7,268,231)

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Cash flows from operating activities:
Net loss	$ (64,107)	$ (87,602)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	10,842	8,621
Stock-based compensation expense	54,050	49,483
(Amortization) accretion of marketable securities	(9,413)	1,020
Impairment of long-lived assets	1,275	5,095
Other	202	493
Changes in operating assets and liabilities:
Accounts receivable, net	(19,686)	(23,428)
Prepaid expenses and other assets	(14,269)	(13,522)
Operating lease right-of-use assets	2,407	2,507
Accounts payable and accrued expenses	15,863	4,462
Accrued compensation and other liabilities	2,259	(1,151)
Operating lease liabilities	(4,139)	(3,136)
Deferred revenue	23,037	19,758
Net cash used in operating activities	(1,679)	(37,400)
Cash flows from investing activities:
Purchases of marketable securities	(121,756)	(180,552)
Proceeds from maturities of marketable securities	235,000	15,000
Purchases of property, equipment, and software	(721)	(717)
Capitalized internal-use software costs	(7,604)	(7,266)
Purchases of content assets	(1,300)	(954)
Net cash provided by (used in) investing activities	103,619	(174,489)
Cash flows from financing activities:
Proceeds from exercise of stock options	14,114	11,787
Proceeds from employee stock purchase plan	3,530	4,596
Payments for repurchases of common stock	(53,066)	0
Payment of deferred offering costs	0	(295)
Payments for tax withholding on vesting of restricted stock units	(24,855)	(4,852)
Net cash (used in) provided by financing activities	(60,277)	11,236
Net increase (decrease) in cash, cash equivalents, and restricted cash	41,663	(200,653)
Cash, cash equivalents, and restricted cash—Beginning of period	322,878	582,719
Cash, cash equivalents, and restricted cash—End of period	364,541	382,066
Reconciliation of cash, cash equivalents, and restricted cash:
Cash and cash equivalents	361,201	380,005
Restricted cash, current	1,574	0
Restricted cash, non-current	1,766	2,061
Total cash, cash equivalents, and restricted cash	364,541	382,066
Supplemental disclosure of cash flow information:
Cash paid for income taxes, net of refunds	2,284	1,475
Supplemental disclosure of noncash investing and financing activities:
Stock-based compensation capitalized as internal-use software costs	3,605	3,230
Unsettled repurchases of common stock	1,463	0
Unpaid purchases of content assets	$ 1,193	$ 0

Basis of Presentation and Descr

Basis of Presentation and Description of Business	6 Months Ended
	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Description of Business	BASIS OF PRESENTATION AND DESCRIPTION OF BUSINESS Basis of Presentation The accompanying Condensed Consolidated Financial Statements (Unaudited) of Coursera, Inc., a Delaware public benefit corporation, and its subsidiaries (“Coursera,” the “Company,” “we,” “us,” or “our”) have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and following the requirements of the Securities and Exchange Commission (“SEC”) for interim reporting. As permitted under those rules, certain footnotes or other financial information that are normally required by GAAP can be condensed or omitted. These Condensed Consolidated Financial Statements (Unaudited) have been prepared on the same basis as our annual consolidated financial statements and, in the opinion of management, reflect all adjustments, consisting only of normal recurring adjustments, that are necessary for a fair statement of our financial information. The results of operations for the three and six months ended June 30, 2023 are not necessarily indicative of the results to be expected for the year ending December 31, 2023 or for any other interim period or for any other future year. The balance sheet as of December 31, 2022 has been derived from the Consolidated Financial Statements at that date but does not include all information required by GAAP for annual consolidated financial statements. These Condensed Consolidated Financial Statements (Unaudited) should be read in conjunction with the Consolidated Financial Statements contained in our Annual Report on Form 10-K for the year ended December 31, 2022, which was filed with the SEC on February 23, 2023 (“Form 10-K”). Description of Business

Significant Accounting Policies

Significant Accounting Policies	6 Months Ended
	Jun. 30, 2023
Accounting Policies [Abstract]
Significant Accounting Policies	SIGNIFICANT ACCOUNTING POLICIES Principles of Consolidation The Condensed Consolidated Financial Statements (Unaudited) include the Company and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. Reporting Segments We conduct our operations through three reporting segments: Consumer, Enterprise, and Degrees. Refer to Note 13 for additional information. Use of Estimates The preparation of the Condensed Consolidated Financial Statements (Unaudited) in conformity with GAAP requires management to make estimates, judgments, and assumptions that affect the reported amounts of assets and liabilities and related disclosures as of the date of the Condensed Consolidated Financial Statements (Unaudited), as well as the reported amounts of revenue and expenses during the reporting period. We base our estimates on historical experience, current conditions, and various other factors that we believe to be reasonable under the circumstances. Significant items subject to such estimates, judgements, and assumptions include, but are not limited to, those related to the determination of principal versus agent and variable consideration in our revenue contracts; stock-based compensation expense; period of benefit for capitalized commissions; internal-use software costs; useful lives of long-lived assets; the carrying value of operating lease right-of-use assets; the valuation of intangible assets and income tax expense, including the valuation of deferred tax assets and liabilities, among others. Actual results could differ from those estimates, and any such differences could be material to our Condensed Consolidated Financial Statements (Unaudited). Summary of Significant Accounting Policies There have been no significant changes to our significant accounting policies, other than the update described below, as of and for the three and six months ended June 30, 2023 as compared to the significant accounting policies described in our Form 10-K. Contract Acquisition and Fulfillment Costs Deferred Commissions Customer acquisition costs are primarily related to sales commissions and related payroll taxes earned by our Enterprise sales force, which are incremental costs we incur to obtain a contract. Sales commissions and related payroll costs earned by our Enterprise sales force, which are incremental costs we incur to obtain a contract, are deferred and then amortized on a straight-line basis over the expected period of benefit. On an annual basis, we assess the expected period of benefit by taking into consideration the length of terms in Enterprise customer contracts, the life of the technology, and other factors. Based on our most recent assessment, we determined that the expected period of benefit for incremental costs of our Enterprise customer contracts should be increased from three years to four years. This change in accounting estimate was eff ective January 1, 2023 and is accounted for prospectively in our Condensed Consolidated Financial Statements (Unaudited). For the three and six months ended June 30, 2023, the change in the expected period of benefit resulted in a benefit to sales and marketing expenses of $1,006 and $2,154. Sal es commissions and related payroll taxes paid for Enterprise contract renewals continue to be amortized over the renewal term, which is generally two years. Deferred commissions and related payroll taxes are recorded within deferred costs or other assets in the consolidated balance sheets, depending on the timing of the related amortization. They are amortized to sales and marketing in the consolidated statements of operations. Concentration of Credit Risk Financial instruments that potentially subject us to concentration of credit risk consist of cash, cash equivalents, and marketable securities. We only invest in high-credit-quality instruments and maintain our cash equivalents and marketable securities in fixed-income securities. We place our cash primarily with domestic financial institutions that are federally insured within statutory limits.

Revenue Recognition

Revenue Recognition	6 Months Ended
	Jun. 30, 2023
Revenue Recognition [Abstract]
Revenue Recognition	REVENUE RECOGNITION Contract Balances Contract assets and liabilities were as follows: June 30, 2023 December 31, 2022 January 1, 2022 Contract assets: Billed accounts receivable, net of allowance for credit losses $ 67,503 $ 45,337 $ 22,286 Unbilled accounts receivable 5,706 8,397 12,110 Total contract assets $ 73,209 $ 53,734 $ 34,396 Contract liabilities: Deferred revenue $ 141,813 $ 118,777 $ 98,488 Total contract liabilities $ 141,813 $ 118,777 $ 98,488 Revenue recognized during the six months ended June 30, 2023 and 2022 that was included in the corresponding deferred revenue balance at the beginning of each year was $89,329 and $70,323. Remaining Performance Obligations Remaining performance obligations represent future revenue that is under non-cancelable contracts but has not yet been recognized. As of June 30, 2023, we had remaining performance obligations of $320,406 and expect to recognize approximately 65% of this balance as revenue over the next 12 months and the remainder thereafter. Costs to Obtain and Fulfill Contracts During the three months ended June 30, 2023 and 2022, we capitalized $4,726 and $4,606 of commissions and related payroll tax expenditures, and we amortized $2,933 and $3,003 to sales and marketing expense in the Condensed Consolidated Statements of Operations (Unaudited). During the six months ended June 30, 2023 and 2022, we capitalized commissions and related payroll tax expenditures of $7,698 and $7,099, and we amortized $5,614 and $5,747 to sales and marketing expense. As of June 30, 2023 and December 31, 2022, deferred commissions and related payroll tax expenditures included in deferred costs were $11,473 and $13,300 and in other assets were $14,337 and $10,426. During the three and six months ended June 30, 2022, we recognized an impairment loss of $0 and $1,886 on deferred partner fees that we do not expect to recover associated with content from Russian educator partners whose content we removed from our platform. The impairment loss was recorded within general and administrative expenses in the Condensed Consolidated Statements of Operations (Unaudited). No impairment loss related to deferred partner fees was recognized during the three and six months ended June 30, 2023.

Investments

Investments	6 Months Ended
	Jun. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Investments	INVESTMENTS The following table summarizes our investments measured at fair value on a recurring basis by balance sheet classification and investment type: June 30, 2023 December 31, 2022 Amortized Gross Gross Fair Amortized Gross Gross Fair Cash equivalents—money market funds $ 187,025 $ — $ — $ 187,025 $ 304,750 $ — $ — $ 304,750 Cash equivalents—U.S. Treasury securities 136,567 36 — 136,603 — — — — Total cash equivalents 323,592 36 — 323,628 304,750 — — 304,750 Marketable securities—U.S. Treasury securities 356,366 4 (660) 355,710 460,372 26 (744) 459,654 Total $ 679,958 $ 40 $ (660) $ 679,338 $ 765,122 $ 26 $ (744) $ 764,404 Gross realized gains and losses related to our marketable securities were not material for the three and six months ended June 30, 2023 and 2022. The following table presents the cost basis and fair value of our available-for-sale (“AFS”) marketable securities by contractual maturity date: June 30, 2023 December 31, 2022 Amortized Fair Amortized Fair Due in one year or less $ 356,366 $ 355,710 $ 460,372 $ 459,654 Investments in an unrealized loss position consisted of the following: June 30, 2023 December 31, 2022 Fair Gross Fair Gross U.S. Treasury securities $ 325,741 $ (660) $ 356,767 $ (744) As of June 30, 2023 and December 31, 2022, our AFS marketable securities were comprised of U.S. Treasury securities, which are backed by the full faith and credit of the U.S. government. As a result, there were no credit or non-credit impairment charges recorded during the three and six months ended June 30, 2023 and 2022. We remeasure our equity-method investment in a private company at fair value on a nonrecurring basis when an identifiable event or change in circumstance may have a significant adverse impact on its fair value. No such events or changes occurred during the three and six months ended June 30, 2023 and 2022.

Consolidated Balance Sheet Comp

Consolidated Balance Sheet Components	6 Months Ended
	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Consolidated Balance Sheet Components	CONSOLIDATED BALANCE SHEET COMPONENTS Restricted Cash Restricted cash, current is included in prepaid expenses and other current assets, and restricted cash, non-current is included in other assets, both in the Condensed Consolidated Balance Sheets (Unaudited). Property, Equipment, and Software, Net Property, equipment, and software, net consisted of the following: June 30, 2023 December 31, 2022 Internal-use software and website development $ 63,265 $ 53,215 Computer equipment and purchased software 5,020 4,662 Leasehold improvements 6,910 6,567 Furniture and fixtures 2,759 2,714 Total property, equipment, and software 77,954 67,158 Less accumulated depreciation and amortization (49,114) (40,062) Property, equipment, and software, net $ 28,840 $ 27,096 Depreciation and amortization expense related to property, equipment, and software for the three and six months ended June 30, 2023 was $4,650 and $9,472 and $3,779 and $7,318 for the three and six months ended June 30, 2022. These amounts include amortization expense for internal-use software and website development of $4,043 and $8,264 for the three and six months ended June 30, 2023 and $3,059, and $5,870 for the three and six months ended June 30, 2022, that is recorded within cost of revenue in the Condensed Consolidated Statements of Operations (Unaudited). Intangible Assets, Net Intangible assets, net consisted of the following: June 30, 2023 December 31, 2022 Gross Accumulated Net Gross Accumulated Net Content assets $ 8,817 $ (2,643) $ 6,174 $ 6,821 $ (1,971) $ 4,850 Developed technology 8,446 (5,441) 3,005 8,446 (4,743) 3,703 Assembled workforce 181 (181) — 181 (181) — Intangible assets $ 17,444 $ (8,265) $ 9,179 $ 15,448 $ (6,895) $ 8,553 During the three and six months ended June 30, 2023, we capitalized content assets of $1,390 and $1,996 and $122 and $377 during the three and six months ended June 30, 2022. Intangible assets amortization expense was $681 and $660 for the three months ended June 30, 2023 and 2022 and $1,370 and $1,303 for the six months ended June 30, 2023 and 2022. As of June 30, 2023, future expected amortization expense for intangible assets was as follows: Remainder of 2023 $ 1,418 2024 3,175 2025 2,649 2026 983 2027 552 Thereafter 402 Total $ 9,179

Leases

Leases	6 Months Ended
	Jun. 30, 2023
Leases [Abstract]
Leases	LEASES We have entered into various non-cancelable office space operating leases with lease periods expiring through April 2025. These leases do not contain residual value guarantees, covenants, or other restrictions. In May 2022, we entered into a sublease agreement pursuant to which we subleased a part of our existing office space in Mountain View, California. We classified the sublease as an operating lease. The term of the sublease commenced on June 1, 2022 and terminates on October 31, 2024. Sublease income from this agreement was $680 and $1,360 for the three and six months ended June 30, 2023 and was not material for the three and six months ended June 30, 2022. During the three and six months ended June 30, 2022, we recognized an impairment loss of $2,304 related to our operating lease right-of-use asset and $904 related to property and equipment, which were allocated within operating expenses in the Condensed Consolidated Statements of Operations (Unaudited), consistent with the allocation approach used for operating lease costs. No such impairment loss was recognized during the three and six months ended June 30, 2023.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES Income tax expense or benefit for interim periods is determined using an estimate of our annual effective tax rate, adjusted for discrete items, if any, that are taken into account in the relevant period. Each quarter, we update the estimate of the annual effective tax rate, and if the estimated tax rate changes, we record a cumulative adjustment. Our effective tax rate for the three months ended June 30, 2023 and 2022 was (5.3)% and (2.4)% and (5.0)% and (2.5)% for the six months ended June 30, 2023 and 2022. The difference between the effective tax rate and the U.S. federal statutory rate is primarily due to a valuation allowance for our federal and state net deferred tax assets, income taxes on foreign operations, U.S. state income taxes, and stock-based compensation expense. As of June 30, 2023, we continued to have a full valuation allowance against our U.S. federal and state deferred tax assets. Management regularly evaluates the realizability of our deferred tax assets. Adjustments are recorded to income during the period in which management makes the determination a deferred tax asset is more likely than not to be realized.

Net Loss Per Share

Net Loss Per Share	6 Months Ended
	Jun. 30, 2023
Earnings Per Share [Abstract]
Net Loss Per Share	NET LOSS PER SHARE The following table presents the calculation of basic and diluted net loss per share: Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Numerator: Net loss $ (31,743) $ (49,334) $ (64,107) $ (87,602) Denominator: Weighted-average shares used in computing net loss per share—basic and diluted 150,262,064 144,782,220 149,621,816 143,909,469 Net loss per share—basic and diluted $ (0.21) $ (0.34) $ (0.43) $ (0.61) The following potentially dilutive securities were excluded from the computation of diluted net loss per share calculations for the periods presented because the impact of including them would have been anti-dilutive: Three and Six Months Ended June 30, 2023 2022 Common stock options 14,874,208 19,489,493 RSUs 22,358,430 12,485,154 ESPP stock purchase rights (“ESPP Rights”) 122,467 117,711 Total 37,355,105 32,092,358

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES Purchase Obligations Purchase obligations relate mainly to a third-party cloud infrastructure agreement, subscription arrangements, and service agreements used to facilitate our operations. As of June 30, 2023, we had approximately $29,340 of future minimum payments under our non-cancelable purchase obligations with a remaining term in excess of one year, which are expected to be paid through 2026. Litigation We evaluate uncertainties associated with litigation and record a charge equal to at least the minimum estimated liability for a loss contingency when both of the following conditions are met: (i) information available prior to issuance of the financial statements indicates that it is probable that a liability has been incurred at the date of the financial statements and (ii) the loss or range of loss can be reasonably estimated. If we determine that a loss is possible and a range of the loss can be reasonably estimated, we disclose the range of the possible loss in the notes to the Condensed Consolidated Financial Statements (Unaudited). We evaluate, on a quarterly basis, developments in our legal matters that could affect the amount of liability that has been previously accrued, if any, and the matters and related ranges of possible losses in order to make adjustments and changes to our disclosures as appropriate. Significant judgment is required to determine both likelihood of there being, and the estimated amount of, possible losses related to such matters. Until the final resolution of such matters, there may be an exposure to loss, and such amounts could be material. As previously disclosed, in January 2023, a putative class action complaint, Feng et al v. Coursera, Inc., was filed against us in the United States District Court for the Northern District of California. The complaint asserted alleged failures to make certain disclosures and obtain certain authorizations under California's Automatic Renewal Law and the Electronic Funds Transfer Act. The complaint sought injunctive relief and an unspecified amount of monetary damages. In March 2023, the plaintiff elected to voluntarily dismiss the entire complaint without prejudice. Accordingly, we did not make any settlement payments or record any loss contingency in connection with this matter. Indemnifications

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jun. 30, 2023
Equity [Abstract]
Stockholders' Equity	STOCKHOLDERS' EQUITY Share Repurchase Program On April 26, 2023, our board of directors approved a share repurchase program with authorization to purchase up to $95 million of our common stock, excluding commissions and fees (the “Repurchase Program”). We may repurchase shares of common stock from time to time through open market purchases, in privately negotiated transactions, or by other means, including through the use of trading plans intended to qualify under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, in accordance with applicable securities laws and other restrictions. The number of shares to be repurchased and the timing of the repurchases will depend on several factors, including, without limitation, business, economic, and market conditions, corporate, legal, and regulatory requirements, prevailing stock prices, trading volume, and other considerations. The Repurchase Program may be suspended or discontinued at any time and does not obligate us to acquire any amount of common stock.

Employee Benefit Plans

Employee Benefit Plans	6 Months Ended
	Jun. 30, 2023
Retirement Benefits [Abstract]
Employee Benefit Plans	EMPLOYEE BENEFIT PLANS Stock Incentive Plans Our 2021 Stock Incentive Plan (the “2021 Plan”) provides for the granting of incentive and non-statutory stock options, restricted stock units (“RSUs”), and other equity-based awards. Pursuant to our 2021 Employee Stock Purchase Plan (the “ESPP”), eligible employees may purchase shares of our common stock through payroll deductions at 85% percent of the lower of the market price of our common stock on the date of commencement of the applicable offering period or on the last day of each six-month purchase period. As of June 30, 2023, 10,629,723 shares of our common stock were reserved for future issuance under the 2021 Plan. As of June 30, 2023, 4,571,095 shares of our common stock were reserved for issuance under the ESPP. Stock Options We may grant stock options at prices not less than the grant date fair value. These stock options generally expire 10 years from the grant date. Incentive stock options and non-statutory stock options generally vest ratably over a four-year service period. Stock option activity for the six months ended June 30, 2023 was as follows: Number of Weighted- Weighted- Aggregate Balance—December 31, 2022 18,153,195 $ 6.07 5.41 $ 120,289 Granted 454,626 14.72 Exercised (3,259,812) 4.33 Canceled (473,801) 10.23 Balance—June 30, 2023 14,874,208 $ 6.58 5.34 $ 108,844 Options vested 11,720,796 $ 4.83 4.79 $ 100,517 The aggregate intrinsic value of options exercised was $26,152 for the six months ended June 30, 2023. RSUs RSUs granted have a service-based vesting condition, which are satisfied generally either (i) over four years with a 25% cliff vesting period after one year and 6.25% vesting each quarter thereafter for new hires, or (ii) over four years with 6.25% vesting each quarter for new grants to existing employees. The related stock-based compensation expense is recognized on a straight-line basis over the requisite service period. RSU activity for the six months ended June 30, 2023 was as follows: Number of Weighted-Average Aggregate Unvested balance—December 31, 2022 22,773,053 $ 17.75 $ 269,779 Granted 5,840,206 11.14 Vested (4,414,108) 19.00 Forfeited (1,840,721) 21.60 Unvested balance—June 30, 2023 22,358,430 $ 15.46 $ 291,107 Stock-Based Compensation Expense Stock-based compensation expense is classified in the Condensed Consolidated Statements of Operations (Unaudited) as follows: Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Cost of revenue $ 914 $ 812 $ 1,791 $ 1,389 Research and development 13,303 12,619 26,768 22,362 Sales and marketing 7,499 8,048 15,856 14,322 General and administrative 7,609 6,026 15,240 11,410 Restructuring related charges (17) — $ (5,605) — Total $ 29,308 $ 27,505 $ 54,050 $ 49,483 We capitalized $2,294 and $1,981 of stock-based compensation related to the development of our internal-use software during the three months ended June 30, 2023 and 2022 and $3,605 and $3,230 during the six months ended June 30, 2023 and 2022. As of June 30, 2023, there was a total of $22,334 unrecognized employee compensation cost related to unvested stock options, which is expected to be recognized over a weighted-average period of approximately 2.0 years. In addition, as of June 30, 2023, total unrecognized compensation cost related to unvested RSUs was $275,014, which is expected to be recognized over a weighted-average period of approximately 2.9 years. Total unrecognized compensation cost related to ESPP Rights as of June 30, 2023 was $9,840, which is expected to be recognized over a weighted-average period of approximately 1.2 years. Common Stock Reserved for Issuance The following table presents total shares of our common stock reserved for future issuance: June 30, 2023 December 31, 2022 Stock options outstanding 14,874,208 18,153,195 RSUs outstanding 22,358,430 22,773,053 Shares available for future grants 15,200,818 8,819,998 Total shares of common stock reserved 52,433,456 49,746,246 401(k) Plan We have a 401(k) savings plan that provides for a discretionary employer-matching contribution. We made matching contributions of $604 and $687 to the plan for the three months ended June 30, 2023 and 2022 and $1,460 and $1,354 for the six months ended June 30, 2023 and 2022.

Related Party Transaction

Related Party Transaction	6 Months Ended
	Jun. 30, 2023
Related Party Transactions [Abstract]
Related-Party Transaction	RELATED-PARTY TRANSACTION During the year ended December 31, 2017, we entered into a content sourcing agreement with a related party in the normal course of business and under standard terms. Content fees earned by the related party during the three months ended June 30, 2023 and 2022 were $1,812 and $1,546. Content fees earned by the related party during the six months ended June 30, 2023 and 2022 were $3,505 and $3,176. Content fees earned by the related party were recorded within cost of revenue in the Condensed Consolidated Statements of Operations (Unaudited). As of June 30, 2023 and December 31, 2022, outstanding educator partner payables related to this content sourcing agreement were $1,812 and $1,223.

Segment and Geographic Informat

Segment and Geographic Information	6 Months Ended
	Jun. 30, 2023
Segment Reporting [Abstract]
Segment and Geographic Information	SEGMENT AND GEOGRAPHIC INFORMATION Segment Information Our chief operating decision maker (“CODM”) is our Chief Executive Officer. For the purposes of allocating resources and assessing performance, the CODM examines three segments, which relate to our three revenue sources: Consumer, Enterprise, and Degrees. This is also consistent with how we disaggregate revenue. The tables below summarize the financial information for each reportable segment: Three Months Ended June 30, Six Months Ended June 30, Revenue 2023 2022 2023 2022 Consumer $ 86,999 $ 69,688 $ 169,028 $ 137,784 Enterprise 54,180 43,704 106,353 82,750 Degrees 12,523 11,362 25,963 24,653 Total revenue $ 153,702 $ 124,754 $ 301,344 $ 245,187 Segment gross profit Consumer $ 45,117 $ 50,716 $ 89,734 $ 99,012 Enterprise 38,676 31,114 73,646 59,066 Degrees 12,523 11,362 25,963 24,653 Total segment gross profit $ 96,316 $ 93,192 $ 189,343 $ 182,731 Reconciliation of segment gross profit to gross profit Platform and support costs $ 10,977 $ 10,270 $ 20,749 $ 18,163 Stock-based compensation expense 914 812 1,791 1,389 Amortization of internal-use software 4,043 3,059 8,264 5,870 Amortization of intangible assets 681 645 1,370 1,273 Total reconciling items 16,615 14,786 32,174 26,695 Gross profit $ 79,701 $ 78,406 $ 157,169 $ 156,036 Geographic Information Revenue The following table summarizes the revenue by region based on the billing address of our customers: Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 United States $ 81,713 $ 66,009 $ 160,222 $ 128,784 Europe, Middle East, and Africa 37,658 30,973 74,665 61,589 Asia Pacific 19,741 16,284 38,339 32,301 Other 14,590 11,488 28,118 22,513 Total $ 153,702 $ 124,754 $ 301,344 $ 245,187 No single country other than the United States represented 10% or more of our total revenue during the three and six months ended June 30, 2023 and 2022. Long-lived assets The following table presents our long-lived assets, consisting of property, equipment, and software, net of depreciation and amortization, and operating lease right-of-use assets, by geographic region: June 30, 2023 December 31, 2022 United States $ 34,715 $ 35,457 Rest of World 1,324 1,244 Total $ 36,039 $ 36,701

Restructuring Related Charges

Restructuring Related Charges	6 Months Ended
	Jun. 30, 2023
Restructuring and Related Activities [Abstract]
Restructuring Related Charges	RESTRUCTURING RELATED CHARGESWe have been reducing our expenses, focusing our efforts, and prioritizing investments in key initiatives that are expected to drive long-term, sustainable growth. In connection with this effort, on November 9, 2022, we enacted a plan to reduce our global workforce to better align our cost structure and personnel needs with our business objectives, growth opportunities, and operational priorities. As a result of this reduction, we recognized restructuring related charges, within operating expenses, mainly related to personnel expenses, such as employee severance and benefits costs, during the year ended December 31, 2022. Related cash payments made in the three and six months ended June 30, 2023 were immaterial and $5.1 million and reflected as cash used in operating activities within our Condensed Consolidated Statements of Cash Flows (Unaudited). We recorded a reversal of stock-based compensation expense of approximately $5.6 million during the six months ended June 30, 2023, when the forfeiture of RSUs and stock options occurred . We also recorded an immaterial reversal of unclaimed employee benefits costs in the same period. Restructuring relate

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Pay vs Performance Disclosure
Net loss	$ (31,743)	$ (49,334)	$ (64,107)	$ (87,602)

Insider Trading Arrangements

Insider Trading Arrangements - Amanda Clark [Member]	3 Months Ended
	Jun. 30, 2023 shares
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	Amanda Clark, Director, entered into a prearranged stock trading plan on June 13, 2023. This plan provides for the potential exercise of vested stock options and the associated sale of up to 15,903 shares of our common stock between September 12, 2023 and August 20, 2024. This trading plan was entered into during an open insider trading window and is intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Securities Exchange Act of 1934, as amended, and our policies regarding transactions in our securities.
Name	Amanda Clark
Title	Director
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	June 13, 2023
Arrangement Duration	343 days
Aggregate Available	15,903

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2023
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying Condensed Consolidated Financial Statements (Unaudited) of Coursera, Inc., a Delaware public benefit corporation, and its subsidiaries (“Coursera,” the “Company,” “we,” “us,” or “our”) have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and following the requirements of the Securities and Exchange Commission (“SEC”) for interim reporting. As permitted under those rules, certain footnotes or other financial information that are normally required by GAAP can be condensed or omitted. These Condensed Consolidated Financial Statements (Unaudited) have been prepared on the same basis as our annual consolidated financial statements and, in the opinion of management, reflect all adjustments, consisting only of normal recurring adjustments, that are necessary for a fair statement of our financial information. The results of operations for the three and six months ended June 30, 2023 are not necessarily indicative of the results to be expected for the year ending December 31, 2023 or for any other interim period or for any other future year. The balance sheet as of December 31, 2022 has been derived from the Consolidated Financial Statements at that date but does not include all information required by GAAP for annual consolidated financial statements. These Condensed Consolidated Financial Statements (Unaudited) should be read in conjunction with the Consolidated Financial Statements contained in our Annual Report on Form 10-K for the year ended December 31, 2022, which was filed with the SEC on February 23, 2023 (“Form 10-K”).
Principles of Consolidation	Principles of ConsolidationThe Condensed Consolidated Financial Statements (Unaudited) include the Company and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.
Reporting Segments	Reporting Segments We conduct our operations through three reporting segments: Consumer, Enterprise, and Degrees. Refer to Note 13 for additional information.
Use of Estimates	Use of Estimates The preparation of the Condensed Consolidated Financial Statements (Unaudited) in conformity with GAAP requires management to make estimates, judgments, and assumptions that affect the reported amounts of assets and liabilities and related disclosures as of the date of the Condensed Consolidated Financial Statements (Unaudited), as well as the reported amounts of revenue and expenses during the reporting period. We base our estimates on historical experience, current conditions, and various other factors that we believe to be reasonable under the circumstances. Significant items subject to such estimates, judgements, and assumptions include, but are not limited to, those related to the determination of principal versus agent and variable consideration in our revenue contracts; stock-based compensation expense; period of benefit for capitalized commissions; internal-use software costs; useful lives of long-lived assets; the carrying value of operating lease right-of-use assets; the valuation of intangible assets and income tax expense, including the valuation of deferred tax assets and liabilities, among others. Actual results could differ from those estimates, and any such differences could be material to our Condensed Consolidated Financial Statements (Unaudited).
Contract Acquisition and Fulfillment Costs	Contract Acquisition and Fulfillment Costs Deferred Commissions Customer acquisition costs are primarily related to sales commissions and related payroll taxes earned by our Enterprise sales force, which are incremental costs we incur to obtain a contract. Sales commissions and related payroll costs earned by our Enterprise sales force, which are incremental costs we incur to obtain a contract, are deferred and then amortized on a straight-line basis over the expected period of benefit. On an annual basis, we assess the expected period of benefit by taking into consideration the length of terms in Enterprise customer contracts, the life of the technology, and other factors. Based on our most recent assessment, we determined that the expected period of benefit for incremental costs of our Enterprise customer contracts should be increased from three years to four years. This change in accounting estimate was eff ective January 1, 2023 and is accounted for prospectively in our Condensed Consolidated Financial Statements (Unaudited). For the three and six months ended June 30, 2023, the change in the expected period of benefit resulted in a benefit to sales and marketing expenses of $1,006 and $2,154. Sal es commissions and related payroll taxes paid for Enterprise contract renewals continue to be amortized over the renewal term, which is generally two years. Deferred commissions and related payroll taxes are recorded within deferred costs or other assets in the consolidated balance sheets, depending on the timing of the related amortization. They are amortized to sales and marketing in the consolidated statements of operations.
Concentration of Credit Risk	Concentration of Credit Risk Financial instruments that potentially subject us to concentration of credit risk consist of cash, cash equivalents, and marketable securities. We only invest in high-credit-quality instruments and maintain our cash equivalents and marketable securities in fixed-income securities. We place our cash primarily with domestic financial institutions that are federally insured within statutory limits.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	6 Months Ended
	Jun. 30, 2023
Revenue Recognition [Abstract]
Summary of Contract Assets and Liabilities	Contract assets and liabilities were as follows: June 30, 2023 December 31, 2022 January 1, 2022 Contract assets: Billed accounts receivable, net of allowance for credit losses $ 67,503 $ 45,337 $ 22,286 Unbilled accounts receivable 5,706 8,397 12,110 Total contract assets $ 73,209 $ 53,734 $ 34,396 Contract liabilities: Deferred revenue $ 141,813 $ 118,777 $ 98,488 Total contract liabilities $ 141,813 $ 118,777 $ 98,488

Investments (Tables)

Investments (Tables)	6 Months Ended
	Jun. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Summary of Available-for-Sale Marketable Securities	The following table summarizes our investments measured at fair value on a recurring basis by balance sheet classification and investment type: June 30, 2023 December 31, 2022 Amortized Gross Gross Fair Amortized Gross Gross Fair Cash equivalents—money market funds $ 187,025 $ — $ — $ 187,025 $ 304,750 $ — $ — $ 304,750 Cash equivalents—U.S. Treasury securities 136,567 36 — 136,603 — — — — Total cash equivalents 323,592 36 — 323,628 304,750 — — 304,750 Marketable securities—U.S. Treasury securities 356,366 4 (660) 355,710 460,372 26 (744) 459,654 Total $ 679,958 $ 40 $ (660) $ 679,338 $ 765,122 $ 26 $ (744) $ 764,404
Schedule of the Cost Basis and Fair Value of Available-for-sale Securities by Contractual Maturity Date	The following table presents the cost basis and fair value of our available-for-sale (“AFS”) marketable securities by contractual maturity date: June 30, 2023 December 31, 2022 Amortized Fair Amortized Fair Due in one year or less $ 356,366 $ 355,710 $ 460,372 $ 459,654
Schedule of Investments in an Unrealized Loss Position	Investments in an unrealized loss position consisted of the following: June 30, 2023 December 31, 2022 Fair Gross Fair Gross U.S. Treasury securities $ 325,741 $ (660) $ 356,767 $ (744)

Consolidated Balance Sheet Co_2

Consolidated Balance Sheet Components (Tables)	6 Months Ended
	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Property, Equipment and Software	Property, equipment, and software, net consisted of the following: June 30, 2023 December 31, 2022 Internal-use software and website development $ 63,265 $ 53,215 Computer equipment and purchased software 5,020 4,662 Leasehold improvements 6,910 6,567 Furniture and fixtures 2,759 2,714 Total property, equipment, and software 77,954 67,158 Less accumulated depreciation and amortization (49,114) (40,062) Property, equipment, and software, net $ 28,840 $ 27,096
Schedule of Intangible Assets	Intangible assets, net consisted of the following: June 30, 2023 December 31, 2022 Gross Accumulated Net Gross Accumulated Net Content assets $ 8,817 $ (2,643) $ 6,174 $ 6,821 $ (1,971) $ 4,850 Developed technology 8,446 (5,441) 3,005 8,446 (4,743) 3,703 Assembled workforce 181 (181) — 181 (181) — Intangible assets $ 17,444 $ (8,265) $ 9,179 $ 15,448 $ (6,895) $ 8,553
Schedule of Future Expected Amortization Expense for Intangible Assets	As of June 30, 2023, future expected amortization expense for intangible assets was as follows: Remainder of 2023 $ 1,418 2024 3,175 2025 2,649 2026 983 2027 552 Thereafter 402 Total $ 9,179

Net Loss Per Share (Tables)

Net Loss Per Share (Tables)	6 Months Ended
	Jun. 30, 2023
Earnings Per Share [Abstract]
Schedule of Basic and Diluted Net Loss Per Share	The following table presents the calculation of basic and diluted net loss per share: Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Numerator: Net loss $ (31,743) $ (49,334) $ (64,107) $ (87,602) Denominator: Weighted-average shares used in computing net loss per share—basic and diluted 150,262,064 144,782,220 149,621,816 143,909,469 Net loss per share—basic and diluted $ (0.21) $ (0.34) $ (0.43) $ (0.61)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The following potentially dilutive securities were excluded from the computation of diluted net loss per share calculations for the periods presented because the impact of including them would have been anti-dilutive: Three and Six Months Ended June 30, 2023 2022 Common stock options 14,874,208 19,489,493 RSUs 22,358,430 12,485,154 ESPP stock purchase rights (“ESPP Rights”) 122,467 117,711 Total 37,355,105 32,092,358

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	6 Months Ended
	Jun. 30, 2023
Retirement Benefits [Abstract]
Schedule of Stock Option Activity under the Plans	Stock option activity for the six months ended June 30, 2023 was as follows: Number of Weighted- Weighted- Aggregate Balance—December 31, 2022 18,153,195 $ 6.07 5.41 $ 120,289 Granted 454,626 14.72 Exercised (3,259,812) 4.33 Canceled (473,801) 10.23 Balance—June 30, 2023 14,874,208 $ 6.58 5.34 $ 108,844 Options vested 11,720,796 $ 4.83 4.79 $ 100,517
Schedule of Share-based Compensation, Restricted Stock Units Award Activity	RSU activity for the six months ended June 30, 2023 was as follows: Number of Weighted-Average Aggregate Unvested balance—December 31, 2022 22,773,053 $ 17.75 $ 269,779 Granted 5,840,206 11.14 Vested (4,414,108) 19.00 Forfeited (1,840,721) 21.60 Unvested balance—June 30, 2023 22,358,430 $ 15.46 $ 291,107
Summary of Stock-Based Compensation Expense in the Consolidated Statements of Operations	Stock-based compensation expense is classified in the Condensed Consolidated Statements of Operations (Unaudited) as follows: Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Cost of revenue $ 914 $ 812 $ 1,791 $ 1,389 Research and development 13,303 12,619 26,768 22,362 Sales and marketing 7,499 8,048 15,856 14,322 General and administrative 7,609 6,026 15,240 11,410 Restructuring related charges (17) — $ (5,605) — Total $ 29,308 $ 27,505 $ 54,050 $ 49,483
Summary of Shares of Common Stock Reserved for Future Issuance	The following table presents total shares of our common stock reserved for future issuance: June 30, 2023 December 31, 2022 Stock options outstanding 14,874,208 18,153,195 RSUs outstanding 22,358,430 22,773,053 Shares available for future grants 15,200,818 8,819,998 Total shares of common stock reserved 52,433,456 49,746,246

Segment and Geographic Inform_2

Segment and Geographic Information (Tables)	6 Months Ended
	Jun. 30, 2023
Segment Reporting [Abstract]
Schedule of Financial Information for Each Reportable Segment	The tables below summarize the financial information for each reportable segment: Three Months Ended June 30, Six Months Ended June 30, Revenue 2023 2022 2023 2022 Consumer $ 86,999 $ 69,688 $ 169,028 $ 137,784 Enterprise 54,180 43,704 106,353 82,750 Degrees 12,523 11,362 25,963 24,653 Total revenue $ 153,702 $ 124,754 $ 301,344 $ 245,187 Segment gross profit Consumer $ 45,117 $ 50,716 $ 89,734 $ 99,012 Enterprise 38,676 31,114 73,646 59,066 Degrees 12,523 11,362 25,963 24,653 Total segment gross profit $ 96,316 $ 93,192 $ 189,343 $ 182,731 Reconciliation of segment gross profit to gross profit Platform and support costs $ 10,977 $ 10,270 $ 20,749 $ 18,163 Stock-based compensation expense 914 812 1,791 1,389 Amortization of internal-use software 4,043 3,059 8,264 5,870 Amortization of intangible assets 681 645 1,370 1,273 Total reconciling items 16,615 14,786 32,174 26,695 Gross profit $ 79,701 $ 78,406 $ 157,169 $ 156,036
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area	The following table summarizes the revenue by region based on the billing address of our customers: Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 United States $ 81,713 $ 66,009 $ 160,222 $ 128,784 Europe, Middle East, and Africa 37,658 30,973 74,665 61,589 Asia Pacific 19,741 16,284 38,339 32,301 Other 14,590 11,488 28,118 22,513 Total $ 153,702 $ 124,754 $ 301,344 $ 245,187
Schedule of Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country	The following table presents our long-lived assets, consisting of property, equipment, and software, net of depreciation and amortization, and operating lease right-of-use assets, by geographic region: June 30, 2023 December 31, 2022 United States $ 34,715 $ 35,457 Rest of World 1,324 1,244 Total $ 36,039 $ 36,701

Significant Accounting Polici_3

Significant Accounting Policies - Additional Information (Details) $ in Thousands			3 Months Ended		6 Months Ended
	Jan. 01, 2023	Dec. 31, 2022	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($) segment	Jun. 30, 2022 USD ($)
Change in Accounting Estimate [Line Items]
Number of operating segments | segment					3
Contract with customer expected incremental cost period	4 years	3 years
Sales and marketing			$ 52,001	$ 55,586	$ 104,873	$ 107,253
Contract with customer amortization on renewal period					2 years
Accounts Receivable | Customer Concentration Risk | Customer One
Change in Accounting Estimate [Line Items]
Concentrations of credit risk, percentage					12%
Change in Accounting Method Accounted for as Change in Estimate
Change in Accounting Estimate [Line Items]
Sales and marketing			$ 1,006		$ 2,154

Revenue Recognition - Summary o

Revenue Recognition - Summary of Contract Assets and Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Jan. 01, 2022
Contract assets:
Billed accounts receivable, net of allowance for credit losses	$ 67,503	$ 45,337	$ 22,286
Unbilled accounts receivable	5,706	8,397	12,110
Total contract assets	73,209	53,734	34,396
Contract liabilities:
Deferred revenue	141,813	118,777	98,488
Total contract liabilities	$ 141,813	$ 118,777	$ 98,488

Revenue Recognition - Additiona

Revenue Recognition - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Disaggregation of Revenue [Line Items]
Revenue Recognized			$ 89,329	$ 70,323
Commissions and related payroll tax expenditures	$ 4,726	$ 4,606	7,698	7,099
Amortization, sales and marketing expenses	2,933	3,003	5,614	5,747
Deferred costs	11,473		11,473		$ 13,300
Other assets	14,337		14,337		$ 10,426
Russian Educator Partners
Disaggregation of Revenue [Line Items]
Impairment losses on deferred partner fees.	0	$ 0	0	$ 1,886
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-07-01
Disaggregation of Revenue [Line Items]
Remaining performance obligation	$ 320,406		$ 320,406
Percent of remaining performance obligations to be recognized	65%		65%
Period for satisfaction of remaining performance obligation	12 months		12 months

Investments - Summary of Availa

Investments - Summary of Available-for-Sale Marketable Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	$ 679,958	$ 765,122
Gross Unrealized Gains	40	26
Gross Unrealized Losses	(660)	(744)
Fair Value - Level 1	679,338	764,404
Marketable securities—U.S. Treasury securities
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	356,366	460,372
Gross Unrealized Gains	4	26
Gross Unrealized Losses	(660)	(744)
Fair Value - Level 1	355,710	459,654
Cash and Cash Equivalents
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	323,592	304,750
Gross Unrealized Gains	36	0
Gross Unrealized Losses	0	0
Fair Value - Level 1	323,628	304,750
Cash and Cash Equivalents | Cash equivalents—money market funds
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	187,025	304,750
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Fair Value - Level 1	187,025	304,750
Cash and Cash Equivalents | Marketable securities—U.S. Treasury securities
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	136,567	0
Gross Unrealized Gains	36	0
Gross Unrealized Losses	0	0
Fair Value - Level 1	$ 136,603	$ 0

Investments - Schedule of the C

Investments - Schedule of the Cost Basis and Fair Value of Available-for-sale Securities by Contractual Maturity Date (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Amortized Cost	$ 356,366	$ 460,372
Fair Value	$ 355,710	$ 459,654

Investments - Schedule of Inves

Investments - Schedule of Investments in an Unrealized Loss Position (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Schedule Of Available For Sale Securities [Line Items]
Gross Unrealized Losses	$ (660)	$ (744)
Marketable securities—U.S. Treasury securities
Schedule Of Available For Sale Securities [Line Items]
Fair Value	325,741	356,767
Gross Unrealized Losses	$ (660)	$ (744)

Consolidated Balance Sheet Co_3

Consolidated Balance Sheet Components - Schedule of Property, Equipment and Software (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Property Plant And Equipment [Line Items]
Total property, equipment, and software	$ 77,954	$ 67,158
Less accumulated depreciation and amortization	(49,114)	(40,062)
Property, equipment, and software, net	28,840	27,096
Internal-use software and website development
Property Plant And Equipment [Line Items]
Total property, equipment, and software	63,265	53,215
Computer equipment and purchased software
Property Plant And Equipment [Line Items]
Total property, equipment, and software	5,020	4,662
Leasehold improvements
Property Plant And Equipment [Line Items]
Total property, equipment, and software	6,910	6,567
Furniture and fixtures
Property Plant And Equipment [Line Items]
Total property, equipment, and software	$ 2,759	$ 2,714

Consolidated Balance Sheet Co_4

Consolidated Balance Sheet Components - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Property Plant And Equipment [Line Items]
Depreciation and amortization			$ 10,842	$ 8,621
Amortization expenses of intangible assets	$ 681	$ 660	1,370	1,303
Intangible assets, net	9,179		9,179		$ 8,553
Content assets
Property Plant And Equipment [Line Items]
Capitalized Computer Software, Amortization	1,390	122	1,996	377
Property, Equipment and Software
Property Plant And Equipment [Line Items]
Depreciation and amortization	4,650	3,779	9,472	7,318
Software and Website Development
Property Plant And Equipment [Line Items]
Amortization expenses of intangible assets	$ 4,043	$ 3,059	$ 8,264	$ 5,870

Consolidated Balance Sheet Co_5

Consolidated Balance Sheet Components - Schedule of Intangible Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Finite Lived Intangible Assets [Line Items]
Gross Carrying Value	$ 17,444	$ 15,448
Accumulated Amortization	(8,265)	(6,895)
Net Carrying Value	9,179	8,553
Content assets
Finite Lived Intangible Assets [Line Items]
Gross Carrying Value	8,817	6,821
Accumulated Amortization	(2,643)	(1,971)
Net Carrying Value	6,174	4,850
Developed technology
Finite Lived Intangible Assets [Line Items]
Gross Carrying Value	8,446	8,446
Accumulated Amortization	(5,441)	(4,743)
Net Carrying Value	3,005	3,703
Assembled workforce
Finite Lived Intangible Assets [Line Items]
Gross Carrying Value	181	181
Accumulated Amortization	(181)	(181)
Net Carrying Value	$ 0	$ 0

Consolidated Balance Sheet Co_6

Consolidated Balance Sheet Components - Schedule of Future Expected Amortization Expense for Intangible Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Remainder of 2023	$ 1,418
2024	3,175
2025	2,649
2026	983
2027	552
Thereafter	402
Net Carrying Value	$ 9,179	$ 8,553

Leases - Additional Information

Leases - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Leases [Abstract]
Sublease income	$ 680	$ 0	$ 1,360	$ 0
Operating lease right-of-use assets	$ 7,199		$ 7,199		$ 9,605
Property and equipment		904
Impairment Loss		$ 2,304		$ 2,304

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Effective tax rate	5.30%	2.40%	5%	2.50%

Net Loss Per Share - Calculatio

Net Loss Per Share - Calculation of Basic and Diluted (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Numerator:
Net loss	$ (31,743)	$ (49,334)	$ (64,107)	$ (87,602)
Denominator:
Weighted average shares used in computing net loss per share- basic (in shares)	150,262,064	144,782,220	149,621,816	143,909,469
Weighted average shares used in computing net loss per share— diluted (in shares)	150,262,064	144,782,220	149,621,816	143,909,469
Net loss per shares-basic (in dollars per share)	$ (0.21)	$ (0.34)	$ (0.43)	$ (0.61)
Net loss per share-diluted (in dollars per share)	$ (0.21)	$ (0.34)	$ (0.43)	$ (0.61)

Net Loss Per Share - Schedule o

Net Loss Per Share - Schedule of Securities with a Potentially Dilutive Impact (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of dilutive earnings per share (in shares)	37,355,105	32,092,358	37,355,105	32,092,358
Common stock options
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of dilutive earnings per share (in shares)	14,874,208	19,489,493	14,874,208	19,489,493
RSUs
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of dilutive earnings per share (in shares)	22,358,430	12,485,154	22,358,430	12,485,154
ESPP stock purchase rights (“ESPP Rights”)
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of dilutive earnings per share (in shares)	122,467	117,711	122,467	117,711

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details) $ in Thousands	Jun. 30, 2023 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Non-cancelable purchase obligations	$ 29,340

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2023	Apr. 26, 2023
Equity [Abstract]
Stock repurchase program authorized amount			$ 95
Number of shares repurchased during period (in shares)	4,520,293	4,520,293
Stock repurchased during period, value		$ 54.5
Payments for commissions		0.1
Unsettled repurchases of common stock	$ 1.5	1.5
Stock repurchase program, remaining authorized repurchase amount	$ 40.6	$ 40.6

Employee Benefit Plans - Additi

Employee Benefit Plans - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total shares of common stock reserved (in shares)	52,433,456		52,433,456		49,746,246
Aggregate intrinsic value of employee options exercised			$ 26,152
Compensation cost related to the nonvested awards not yet recognized	$ 22,334		$ 22,334
Weighted average period for recognition of compensation cost			2 years
Employer discretionary contribution amount	604	$ 687	$ 1,460	$ 1,354
Internal-use software and website development
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
cumulative stock-based compensation expense	$ 2,294	$ 1,981	$ 3,605	$ 3,230
Employee Stock Purchase Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Percent of the lower of the market price for Purchase shares of common stock			85%
Employee stock incentive plan purchase period			6 months
Total shares of common stock reserved (in shares)	4,571,095		4,571,095
Compensation cost related to the nonvested awards not yet recognized	$ 9,840		$ 9,840
Weighted average period for recognition of compensation cost			1 year 2 months 12 days
2021 Employee Stock Purchase Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total shares of common stock reserved (in shares)	10,629,723		10,629,723
Stock Options
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share based compensation, expiration period			10 years
Vesting period			4 years
Restricted Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period			4 years
Compensation cost related to the nonvested awards not yet recognized	$ 275,014		$ 275,014
Weighted average period for recognition of compensation cost			2 years 10 months 24 days
Restricted Stock Units | Share-Based Payment Arrangement, Tranche One
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Award vesting rights percentage			25%
Cliff vesting period			1 year
Restricted Stock Units | Share-Based Payment Arrangement, Tranche Two
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Award vesting rights percentage			6.25%
Restricted Stock Units | Share-Based Payment Arrangement, Tranche Three
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Award vesting rights percentage			6.25%

Employee Benefit Plans - Schedu

Employee Benefit Plans - Schedule of Stock Option Activity under the Plans (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	6 Months Ended
	Mar. 31, 2023	Jun. 30, 2023	Dec. 31, 2022
Number of Shares
Number of Shares, Beginning balance (in shares)	18,153,195	18,153,195
Number of Shares, Ending balance (in shares)		14,874,208
Stock Options
Number of Shares
Number of Shares, Beginning balance (in shares)	18,153,195	18,153,195
Number of shares , granted (in shares)		454,626
Number of Shares, Options exercised (in shares)		(3,259,812)
Number of Shares, Options canceled (in shares)		(473,801)
Number of Shares, Ending balance (in shares)		14,874,208
Number of Shares, Options vested (in shares)		11,720,796
Weighted- Average Exercise Price
Weighted Average Exercise Price, Beginning balance (in dollar per shares)	$ 6.07	$ 6.07
Weighted- Average Exercise Price ,Granted (in dollar per shares)		14.72
Weighted Average Exercise Price, Options exercised (in dollar per shares)		4.33
Weighted Average Exercise Price, Canceled (in dollar per shares)		10.23
Weighted Average Exercise Price, Ending balance (in dollar per shares)		6.58
Weighted Average Exercise Price, Options vested (in dollar per shares)		$ 4.83
Weighted Average Remaining Contractual Term	5 years 4 months 28 days	5 years 4 months 2 days
Weighted Average Remaining Contractual Term, Options vested		4 years 9 months 14 days
Aggregate Intrinsic Value		$ 108,844	$ 120,289
Aggregate Intrinsic Value, Options vested		$ 100,517

Employee Benefit Plans - Sche_2

Employee Benefit Plans - Schedule of Share-based Compensation, Restricted Stock Units Award Activity (Details) - Restricted Stock Units - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Number of Shares
Number of Shares, Unvested beginning balance (in shares)	22,773,053
Number of Shares, Granted (in shares)	5,840,206
Number of Shares, Vested (in shares)	(4,414,108)
Number of Shares, Forfeited (in shares)	(1,840,721)
Number of Shares, Unvested ending balance (in shares)	22,358,430
Weighted-Average Grant Date Fair Value
Weighted- Average Grant Fair Value, Unvested beginning balance (in dollar per shares)	$ 17.75
Weighted- Average Grant Fair Value, Granted (in dollar per shares)	11.14
Weighted- Average Grant Fair Value, Vested (in dollar per shares)	19
Weighted- Average Grant Fair Value, Forfeited (in dollar per shares)	21.60
Weighted- Average Grant Fair Value, Unvested ending balance (in dollar per shares)	$ 15.46
Aggregate Intrinsic Value, Unvested balance	$ 291,107	$ 269,779

Employee Benefit Plans - Summar

Employee Benefit Plans - Summary of Stock-Based Compensation Expense in the Consolidated Statements of Operations (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total	$ 29,308	$ 27,505	$ 54,050	$ 49,483
Cost of revenue
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total	914	812	1,791	1,389
Research and development
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total	13,303	12,619	26,768	22,362
Sales and marketing
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total	7,499	8,048	15,856	14,322
General and administrative
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total	7,609	6,026	15,240	11,410
Restructuring related charges
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total	$ (17)	$ 0	$ (5,605)	$ 0

Employee Benefit Plans - Summ_2

Employee Benefit Plans - Summary of Shares of Common Stock Reserved for Future Issuance (Details) (Details) - shares	Jun. 30, 2023	Dec. 31, 2022
Retirement Benefits [Abstract]
Stock options outstanding (in shares)	14,874,208	18,153,195
RSUs outstanding (in shares)	22,358,430	22,773,053
Shares available for future grants (in shares)	15,200,818	8,819,998
Total shares of common stock reserved (in shares)	52,433,456	49,746,246

Related Party Transaction - Add

Related Party Transaction - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Related Party Transaction [Line Items]
Educator partners payable	$ 88,719		$ 88,719		$ 66,375
Content Sourcing Agreement | Related Party
Related Party Transaction [Line Items]
Related party content fees	1,812	$ 1,546	3,505	$ 3,176
Educator partners payable	$ 1,812		$ 1,812		$ 1,223

Segment and Geographic Inform_3

Segment and Geographic Information - Additional Information (Details)	6 Months Ended
	Jun. 30, 2023 segment
Segment Reporting [Abstract]
Number of segments	3

Segment and Geographic Inform_4

Segment and Geographic Information - Segment Results of Operations (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Revenue
Revenue	$ 153,702	$ 124,754	$ 301,344	$ 245,187
Segment gross profit
Gross profit	79,701	78,406	157,169	156,036
Segment amortization	681	660	1,370	1,303
Cost of revenue	74,001	46,348	144,175	89,151
Operating Segments
Segment gross profit
Gross profit	96,316	93,192	189,343	182,731
Segment Reconciling Items
Segment gross profit
Platform and support costs	10,977	10,270	20,749	18,163
Stock-based compensation expense	914	812	1,791	1,389
Cost of revenue	16,615	14,786	32,174	26,695
Internal Use Software | Segment Reconciling Items
Segment gross profit
Segment amortization	4,043	3,059	8,264	5,870
Acquired Intangibles | Segment Reconciling Items
Segment gross profit
Segment amortization	681	645	1,370	1,273
Consumer
Revenue
Revenue	86,999	69,688	169,028	137,784
Consumer | Operating Segments
Segment gross profit
Gross profit	45,117	50,716	89,734	99,012
Enterprise
Revenue
Revenue	54,180	43,704	106,353	82,750
Enterprise | Operating Segments
Segment gross profit
Gross profit	38,676	31,114	73,646	59,066
Degrees
Revenue
Revenue	12,523	11,362	25,963	24,653
Degrees | Operating Segments
Segment gross profit
Gross profit	$ 12,523	$ 11,362	$ 25,963	$ 24,653

Segment and Geographic Inform_5

Segment and Geographic Information - Summary of Revenue By Region Based On Billing Address (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Segment Reporting Information [Line Items]
Revenue	$ 153,702	$ 124,754	$ 301,344	$ 245,187
United States
Segment Reporting Information [Line Items]
Revenue	81,713	66,009	160,222	128,784
Europe, Middle East, and Africa
Segment Reporting Information [Line Items]
Revenue	37,658	30,973	74,665	61,589
Asia Pacific
Segment Reporting Information [Line Items]
Revenue	19,741	16,284	38,339	32,301
Other
Segment Reporting Information [Line Items]
Revenue	$ 14,590	$ 11,488	$ 28,118	$ 22,513

Segment and Geographic Inform_6

Segment and Geographic Information - Summary of Long Lived Assets By Geographic Region (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Segment Reporting Information [Line Items]
Noncurrent Assets	$ 36,039	$ 36,701
United States
Segment Reporting Information [Line Items]
Noncurrent Assets	34,715	35,457
Rest of World
Segment Reporting Information [Line Items]
Noncurrent Assets	$ 1,324	$ 1,244

Restructuring Related Charges (

Restructuring Related Charges (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Restructuring Cost and Reserve [Line Items]
Payments for restructuring			$ 5,100
Reversal of stock-based compensation expense	$ 29,308	$ 27,505	54,050	$ 49,483
Restricted Stock Units and Options
Restructuring Cost and Reserve [Line Items]
Reversal of stock-based compensation expense			$ 5,600