| Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 |
|---|---|---|---|---|---|---|
Net revenue | ||||||
82,080 | 140,693 | 242,275 | - | - | - | - |
Net revenue | ||||||
- | - | - | 330,323 | 219,092 | 99,289 | 15,476 |
Cost of revenue | ||||||
10,803 | 20,643 | 25,393 | 28,854 | 22,578 | 12,665 | 7,627 |
Gross profit | ||||||
71,277 | 120,050 | 216,882 | 301,469 | 196,514 | 86,624 | 7,849 |
Operating expenses: | ||||||
Sales and marketing | ||||||
31,372 | 48,870 | 69,651 | 80,668 | 58,105 | 29,194 | 11,411 |
Research and development | ||||||
57,572 | 62,954 | 73,913 | 56,781 | 33,136 | 8,499 | 6,305 |
General and administrative | ||||||
39,268 | 46,487 | 42,098 | 62,948 | 44,283 | 16,372 | 8,170 |
Legal | ||||||
54,011 | 21,086 | 19,994 | - | - | - | - |
Charges related to litigation award and settlements | ||||||
16,777 | 159,684 | 3,900 | 10,616 | - | 0 | - |
Impairment of intangible assets and goodwill | ||||||
- | - | - | - | - | - | 5,403 |
Total operating expenses | ||||||
199,000 | 339,081 | 209,556 | 211,013 | 135,524 | 54,065 | 31,289 |
Operating loss | ||||||
-127,723 | -219,031 | 7,326 | 90,456 | 60,990 | 32,559 | -23,440 |
Other income (expense): | ||||||
Interest expense | ||||||
- | - | - | - | - | 950 | 2,684 |
Interest income | ||||||
1,984 | 1,881 | 1,039 | 502 | 151 | 22 | - |
Other expense, net | ||||||
-668 | -45 | 59 | 36 | 2 | -54 | 1,746 |
Total other income (expense) | ||||||
1,316 | 1,836 | 1,098 | 538 | 153 | -982 | -938 |
Loss before income taxes | ||||||
-126,407 | -217,195 | 8,424 | 90,994 | 61,143 | - | - |
Income (loss) before income taxes | ||||||
- | - | - | - | - | 31,577 | -24,378 |
Income tax expense | ||||||
-1,900 | 9,640 | 834 | 32,941 | 25,089 | -8,800 | 0 |
Net loss | ||||||
-124,507 | -226,835 | 7,590 | 58,053 | 36,054 | 40,377 | -24,378 |
Unrealized gain (loss) on available-for-sale securities, net of tax of $27 and $0 | ||||||
169 | -136 | -150 | -128 | -24 | 0 | - |
Total comprehensive loss | ||||||
-124,338 | -226,971 | 7,440 | 57,925 | 36,030 | 40,377 | - |
Net loss per common share: | ||||||
Basic | ||||||
-1.68 | -3.12 | 0.11 | 0.81 | 0.52 | 0.78 | -2.62 |
Diluted | ||||||
-1.68 | -3.12 | 0.10 | 0.77 | 0.49 | 0.70 | -2.62 |
Weighted average common shares outstanding | ||||||
Basic | ||||||
74,073 | 72,636 | 71,639 | 71,592 | 68,759 | 51,839 | 9,316 |
Diluted | ||||||
74,073 | 72,636 | 74,166 | 75,707 | 73,335 | 57,469 | 9,316 |