Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v2.4.0.8
Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenue    
Advertising $ 140,634 $ 96,714
Subscription and other 53,681 18,410
Total revenue 194,315 115,124
Cost of revenue    
Cost of revenue - Content acquisition costs 108,275 85,823
Cost of revenue - Other 14,979 9,776
Total cost of revenue 123,254 95,599
Gross profit 71,061 19,525
Operating expenses    
Product development 11,831 6,667
Sales and marketing 61,864 38,045
General and administrative 26,361 13,355
Total operating expenses 100,056 58,067
Loss from operations (28,995) (38,542)
Other income (expense)    
Interest income 218 16
Interest expense (129) (144)
Other income (expense), net 3 1
Loss before provision for income taxes (28,903) (38,669)
Income tax expense (28) (17)
Net loss $ (28,931) $ (38,686)
Weighted-average common shares outstanding used in computing basic and diluted net loss per share (in shares) 199,857 172,733
Net loss per share, basic and diluted (in dollars per share) $ (0.14) $ (0.22)