| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | |
|---|---|---|---|---|---|---|
Revenue: | ||||||
Revenue | ||||||
4,713 | 3,298 | 2,214 | 1,708 | 1,267 | 850 | |
Cost of revenue: | ||||||
Cost of revenue | ||||||
136 | 94 | 62 | 68 | - | - | |
Total cost of revenue | ||||||
2,823 | 1,994 | 1,374 | 1,132 | 897 | 624 | |
Gross profit | ||||||
1,889 | 1,303 | 839 | 576 | 370 | 226 | |
Operating expenses: | ||||||
Product development | ||||||
670 | 497 | 321 | 268 | 199 | 144 | |
Sales and marketing | ||||||
624 | 411 | 253 | 173 | 145 | 112 | |
General and administrative | ||||||
436 | 339 | 250 | 251 | 143 | 94 | |
Transaction and loan losses | ||||||
126 | 88 | 67 | 51 | 54 | 24 | |
Amortization of acquired customer assets | ||||||
- | - | - | - | 1 | 1 | |
Total operating expenses | ||||||
1,863 | 1,340 | 893 | 746 | 544 | 376 | |
Operating loss | ||||||
26 | -36 | -54 | -170 | -174 | -150 | |
Gain on sale of asset group | ||||||
373 | 0 | 0 | - | - | - | |
Interest expense, net | ||||||
-21 | -17 | -10 | 0 | - | - | |
Other expense, net | ||||||
-0 | 18 | 1 | 0 | -1 | -2 | |
Loss before income tax | ||||||
378 | -36 | -62 | -169 | -176 | -152 | |
Provision for income taxes | ||||||
2 | 2 | 0 | 1 | 3 | 1 | |
Net loss | ||||||
375 | -38 | -62 | -171 | -179 | -154 | |
Deemed dividend on Series E preferred stock | ||||||
- | - | - | - | 32 | 0 | |
Net loss attributable to common stockholders | ||||||
- | - | - | - | -212 | -154 | |
Net loss per share | ||||||
Basic (in USD per share) | ||||||
0.88 | -0.09 | -0.17 | -0.50 | -1.24 | -1.08 | |
Diluted (in USD per share) | ||||||
0.81 | -0.09 | -0.17 | -0.50 | -1.24 | -1.08 | |
Weighted-average shares used to compute net loss per share | ||||||
Basic (in shares) | ||||||
424 | 405 | 379 | 341 | 170 | 142 | |
Diluted (in shares) | ||||||
466 | 405 | 379 | 341 | 170 | 142 | |
Transaction-based revenue | ||||||
Revenue | ||||||
3,081 | 2,471 | 1,920 | 1,456 | - | - | |
Cost of revenue | ||||||
1,937 | 1,558 | 1,230 | - | - | - | |
Subscription and services-based revenue | ||||||
Revenue | ||||||
883 | 499 | 185 | 79 | - | - | |
Revenue | ||||||
1,031 | 591 | 252 | 129 | - | - | |
Cost of revenue | ||||||
234 | 169 | 75 | 43 | - | - | |
Hardware revenue | ||||||
Revenue | ||||||
84 | 68 | 41 | 44 | 16 | 7 | |
Cost of revenue | ||||||
- | - | - | - | 30 | 18 | |
Bitcoin revenue | ||||||
Revenue | ||||||
516 | 166 | 0 | 0 | - | - | |
Cost of revenue | ||||||
508 | 164 | 0 | 0 | - | - | |
Technology assets | ||||||
Amortization of acquired technology | ||||||
6 | 7 | 6 | 8 | 5 | 1 | |
Customer assets | ||||||
Amortization of acquired customer assets | ||||||
4 | 4 | 0 | 0 | - | - | |