Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.3.0.814
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenue        
Advertising $ 254,656 $ 194,293 $ 664,316 $ 512,251
Subscription and other 56,906 45,300 163,570 140,551
Total revenue 311,562 239,593 827,886 652,802
Cost of revenue        
Cost of revenue - Content acquisition costs 211,272 111,315 467,429 331,051
Cost of revenue - Other 21,414 15,453 57,690 44,421
Total cost of revenue 232,686 126,768 525,119 375,472
Gross profit 78,876 112,825 302,767 277,330
Operating expenses        
Product development 21,849 13,381 56,466 38,288
Sales and marketing 107,286 72,320 285,595 200,416
General and administrative 35,603 29,143 111,169 81,369
Total operating expenses 164,738 114,844 453,230 320,073
Loss from operations (85,862) (2,019) (150,463) (42,743)
Other income (expense), net (36) 44 417 236
Loss before provision for income taxes (85,898) (1,975) (150,046) (42,507)
Provision for income taxes (32) (50) (206) (177)
Net loss $ (85,930) $ (2,025) $ (150,252) $ (42,684)
Weighted-average common shares outstanding used in computing basic and diluted net loss per share (in shares) 212,760 206,982 211,487 204,208
Net loss per share, basic and diluted (in dollars per share) $ (0.40) $ (0.01) $ (0.71) $ (0.21)