Transition report pursuant to Rule 13a-10 or 15d-10

Consolidated Statements of Operations

v2.4.0.8
Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
11 Months Ended 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Jan. 31, 2013
Jan. 31, 2012
Revenue        
Advertising $ 489,340 $ 343,318 $ 375,218 $ 239,957
Subscription and other 110,893 46,166 51,927 34,383
Total revenue 600,233 389,484 427,145 274,340
Cost of revenue        
Cost of revenue - Content acquisition costs 314,866 230,731 258,748 148,708
Cost of revenue - Other 41,844 28,740 32,019 22,759
Total cost of revenue 356,710 259,471 290,767 171,467
Gross profit 243,523 130,013 136,378 102,873
Operating expenses        
Product development 29,986 16,191 18,118 13,425
Sales and marketing 169,774 94,566 107,715 65,010
General and administrative 70,212 43,320 48,247 35,428
Total operating expenses 269,972 154,077 174,080 113,863
Loss from operations (26,449) (24,064) (37,702) (10,990)
Other income (expense)        
Interest income 96 88 95 59
Interest expense (554) (486) (535) (616)
Other expense, net (16) (3) (1) (4,485)
Loss before provision for income taxes (26,923) (24,465) (38,143) (16,032)
Income tax benefit (expense) (94) 3 (5) (75)
Net loss (27,017) (24,462) (38,148) (16,107)
Accretion of redeemable convertible preferred stock       (110)
Increase in cumulative dividends payable upon conversion or liquidation of redeemable convertible preferred stock       (3,648)
Net loss attributable to common stockholders $ (27,017) $ (24,462) $ (38,148) $ (19,865)
Weighted-average common shares outstanding used in computing basic and diluted net loss per share (in shares) 180,968 167,956 168,294 105,955
Net loss per share, basic and diluted (in dollars per share) $ (0.15) $ (0.15) $ (0.23) $ (0.19)