Rosetta Stone 2013 Annual Report Download - page 44

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Table of Contents
The following table sets forth our consolidated statement of operations for the periods indicated.






Revenue
Product
$156,792
$180,919
$195,382
Subscription and service
107,853
92,322
73,067
Total Revenue
264,645
273,241
268,449
Cost of revenue
Cost of product revenue
32,191
33,684
36,497
Cost of subscription and service revenue
13,523
15,226
12,619
Total cost of revenue
45,714
48,910
49,116
Gross profit
218,931
224,331
219,333
Operating expenses:
Sales and marketing
146,104
150,882
160,942
Research and development
33,995
23,453
24,218
General and administrative
56,432
55,262
62,031
Lease abandonment
842
—
—
Total operating expenses
237,373
229,597
247,191
Loss from operations
(18,442)
(5,266)
(27,858)
Other income and expense:
Interest income
117
187
302
Interest expense
(61)
—
(5)
Other income
368
3
142
Interest and other income, net
424
190
439
Loss before income taxes
(18,018)
(5,076)
(27,419)
Income tax (benefit) expense
(1,884)
28,909
(7,769)
Net loss
$(16,134)
$ (33,985)
$(19,650)
Loss per share:
Basic
$(0.75)
$ (1.61)
(0.95)
Diluted
$(0.75)
$ (1.61)
$ (0.95)
Common shares and equivalents outstanding:
Basic weighted average shares
21,528
21,045
20,773
Diluted weighted average shares
21,528
21,045
20,773

Cost of sales
175
288
55
Sales and marketing
1,840
1,185
1,932
Research and development
1,460
1,547
2,448
General and administrative
5,766
4,989
7,918
$9,241
$ 8,009
$ 12,353
41