| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
411,381 | 366,561 | 286,827 | 200,581 | 249,900 | 223,146 | 105,613 | 108,183 | 74,025 | 66,804 | 79,344 |
Cost of revenue: | ||||||||||
Platform commissions, royalties and other | ||||||||||
140,655 | 128,445 | 103,499 | 75,239 | 95,682 | 80,735 | 32,806 | 29,630 | 20,229 | 19,102 | - |
Amortization of intangible assets | ||||||||||
- | - | - | - | 201 | 508 | 1,336 | 1,980 | 825 | 205 | 215 |
Impairment of prepaid royalties and minimum guarantees | ||||||||||
457 | 711 | 27,323 | 30,107 | 2,502 | 257 | - | 0 | 531 | 663 | 6,591 |
Impairment and amortization of intangible assets | ||||||||||
4,387 | 9,119 | 10,331 | 14,792 | 9,553 | 4,767 | 4,238 | 3,783 | 5,447 | 4,226 | 7,092 |
Royalties and other cost of revenues | ||||||||||
- | - | - | - | - | - | - | - | - | - | 21,829 |
Total cost of revenue | ||||||||||
145,499 | 138,275 | 141,153 | 120,138 | 107,737 | 85,759 | 37,044 | 33,413 | 26,207 | 23,991 | 35,512 |
Gross profit | ||||||||||
265,882 | 228,286 | 145,674 | 80,443 | 142,163 | 137,387 | 68,569 | 74,770 | 47,818 | 42,813 | 43,832 |
Operating expenses: | ||||||||||
Research and development | ||||||||||
95,127 | 94,934 | 92,420 | 81,879 | 72,856 | 64,284 | 46,877 | 54,275 | 39,073 | 25,180 | 25,975 |
Sales and marketing | ||||||||||
140,298 | 113,860 | 104,356 | 48,050 | 48,240 | 45,076 | 26,120 | 20,893 | 14,607 | 12,140 | 14,402 |
General and administrative | ||||||||||
23,216 | 31,667 | 34,425 | 30,225 | 26,092 | 25,019 | 15,550 | 14,744 | 14,002 | 13,108 | 16,271 |
Restructuring charge | ||||||||||
- | 240 | 6,019 | 2,279 | 1,075 | 435 | 1,448 | 1,371 | 545 | 3,629 | 1,876 |
Impairment of goodwill | ||||||||||
- | - | - | - | - | - | - | 3,613 | 0 | 0 | - |
Total operating expenses | ||||||||||
258,641 | 240,701 | 237,220 | 162,433 | 148,464 | 135,322 | 91,331 | 96,876 | 69,052 | 54,262 | 58,739 |
Income/(loss) from operations | ||||||||||
7,241 | -12,415 | -91,546 | -81,990 | -6,301 | 2,065 | -22,762 | -22,106 | -21,234 | -11,449 | -14,907 |
Interest income / (expense) | ||||||||||
- | - | - | - | - | 30 | 16 | 21 | -29 | 575 | 1,276 |
Interest income/(expense) | ||||||||||
- | - | - | - | - | - | - | - | - | - | 94 |
Other expense | ||||||||||
- | - | - | - | - | -1,502 | -6 | -368 | 776 | -690 | 55 |
Interest and other income/(expense), net | ||||||||||
2,101 | -235 | -6,850 | -5,751 | -743 | -1,472 | 10 | -347 | 747 | -1,265 | -1,127 |
Income/(loss) before income taxes | ||||||||||
9,342 | -12,650 | -98,396 | -87,741 | -7,044 | 593 | -22,752 | -22,453 | -20,487 | -12,714 | -16,034 |
Income tax benefit/(provision) | ||||||||||
471 | 549 | -826 | -301 | 141 | -7,555 | -2,843 | -1,994 | 614 | 709 | 2,160 |
Net income/(loss) | ||||||||||
8,871 | -13,199 | -97,570 | -87,440 | -7,185 | 8,148 | -19,909 | -20,459 | -21,101 | -13,423 | -18,194 |
Net loss per common share - basic and diluted | ||||||||||
Net loss per common share - basic and diluted | ||||||||||
- | - | - | -0.66 | -0.06 | - | - | - | -0.37 | -0.38 | -0.61 |
Net income/(loss) per common share: | ||||||||||
Net income/(loss) per common share - basic | ||||||||||
0.06 | -0.09 | -0.72 | - | - | 0.09 | -0.28 | -0.32 | - | - | - |
Net income/(loss) per common share - diluted | ||||||||||
0.06 | -0.09 | -0.72 | - | - | 0.08 | -0.28 | -0.32 | - | - | - |
Weighted average common shares outstanding - basic and diluted | ||||||||||
Basic | ||||||||||
145,838 | 141,402 | 135,715 | 131,804 | 118,775 | 91,826 | 71,453 | 64,318 | - | - | - |
Diluted | ||||||||||
157,383 | 141,402 | 135,715 | 131,804 | 118,775 | 96,922 | 71,453 | 64,318 | - | - | - |
Weighted average common shares outstanding - basic and diluted | ||||||||||
- | - | - | - | - | - | - | - | 57,518 | 35,439 | 29,853 |