|
Total Revenue
|
|
$41.1m
|
$60.4m
|
$83.9m
|
$106.7m
|
$112.3m
|
$127.4m
|
$138.6m
|
$159.0m
|
$187.3m
|
$225.2m
|
|
Cost of Revenue
|
|
$6.5m
|
$9.3m
|
$12.9m
|
$17.3m
|
$21.6m
|
$22.9m
|
$24.1m
|
$31.1m
|
$45.4m
|
$57.9m
|
|
Gross Profit
|
|
$34.6m
|
$51.1m
|
$71.0m
|
$89.4m
|
$90.7m
|
$104.4m
|
$114.4m
|
$127.9m
|
$142.0m
|
$167.4m
|
|
Operating expenses:
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating Income (Loss)
|
|
($8.1m)
|
($8.0m)
|
($20.5m)
|
($31.4m)
|
($23.2m)
|
($25.4m)
|
($29.7m)
|
($21.5m)
|
($3.3m)
|
($7.8m)
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
|
|
|
|
Amortization of Intangible Assets
|
|
$75k
|
$79k
|
$77k
|
$123k
|
$153k
|
$202k
|
$265k
|
$273k
|
$267k
|
$315k
|
|
Gain (Loss) on Derivative Instruments, Net, Pretax
|
|
—
|
—
|
—
|
—
|
($117k)
|
($28k)
|
—
|
—
|
—
|
—
|
|
Investment Income, Net
|
|
—
|
—
|
—
|
—
|
$605k
|
$93k
|
$569k
|
$1.5m
|
$1.1m
|
$1.2m
|
|
Net Income (Loss) Attributable to Parent
|
|
($14.4m)
|
($10.4m)
|
($22.4m)
|
($29.1m)
|
($23.8m)
|
($27.0m)
|
($28.9m)
|
($21.7m)
|
($10.0m)
|
($15.7m)
|
|
Earnings Per Share, Basic
|
|
($0.47)
|
($0.31)
|
($0.60)
|
($0.74)
|
($0.60)
|
($0.65)
|
($0.69)
|
($0.51)
|
($0.23)
|
($0.34)
|
|
Earnings Per Share, Diluted
|
|
($0.47)
|
($0.31)
|
($0.60)
|
($0.74)
|
($0.60)
|
($0.65)
|
($0.69)
|
($0.51)
|
($0.23)
|
($0.34)
|
|
Weighted Average Number of Shares Outstanding, Basic
|
|
—
|
—
|
—
|
39.2m
|
40.0m
|
41.2m
|
42.1m
|
42.9m
|
44.3m
|
46.1m
|
|
Weighted Average Number of Shares Outstanding, Diluted
|
|
—
|
—
|
—
|
39.2m
|
40.0m
|
41.2m
|
42.1m
|
42.9m
|
44.3m
|
46.1m
|
|
Research and Development Expense
|
|
$4.2m
|
$6.7m
|
$11.8m
|
$17.5m
|
$17.8m
|
$24.2m
|
$27.2m
|
$28.3m
|
$27.8m
|
$32.9m
|
|
General and Administrative Expense
|
|
$10.1m
|
$14.7m
|
$23.1m
|
$31.3m
|
$26.4m
|
$32.3m
|
$36.8m
|
$34.9m
|
$39.0m
|
$44.6m
|
|
Other Nonoperating Income (Expense)
|
|
($20k)
|
($31k)
|
—
|
—
|
—
|
—
|
($230k)
|
($437k)
|
($199k)
|
$167k
|
|
Interest Expense (non-operating)
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$8.2m
|
$7.7m
|
|
Costs and Expenses
|
|
$42.8m
|
$59.1m
|
$91.5m
|
$120.8m
|
$113.9m
|
$129.8m
|
$144.1m
|
$149.3m
|
$145.3m
|
$175.2m
|
|
Interest Expense
|
|
$5.4m
|
$2.2m
|
$1.1m
|
$40k
|
$1.1m
|
$1.4m
|
$624k
|
$2.8m
|
$8.2m
|
$7.7m
|
|
Selling and Marketing Expense
|
|
$28.4m
|
$37.6m
|
$56.6m
|
$72.0m
|
$69.7m
|
$73.3m
|
$80.2m
|
$86.1m
|
$78.5m
|
$97.7m
|
|
Income Tax Expense (Benefit)
|
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|