Carbonite 2011 Annual Report Download - page 56

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Table of Contents
Carbonite, Inc.
Consolidated Statements of Operations
53
Years Ended December 31,
2011
2010
2009
(In thousands, except share and per share data)
Revenue
$
60,512
$
38,563
$
19,114
Cost of revenue
23,202
16,284
8,954
Gross profit
37,310
22,279
10,160
Operating expenses:
Research and development
16,511
10,868
6,210
General and administrative
6,631
4,209
2,485
Sales and marketing
37,722
33,098
21,067
Total operating expenses
60,864
48,175
29,762
Loss from operations
(23,554
)
(25,896
)
(19,602
)
Interest income
78
207
391
Interest expense
(25
)
(64
)
—
Other expenses, net
(12
)
(10
)
(14
)
Loss before income taxes
(23,513
)
(25,763
)
(19,225
)
Provision for income taxes
(23
)
—
—
Net loss
(23,536
)
(25,763
)
(19,225
)
Accretion of redeemable convertible preferred stock
(128
)
(210
)
(210
)
Net loss attributable to common stockholders
$
(23,664
)
$
(25,973
)
$
(19,435
)
Net loss attributable to common stockholders per share
—
basic and diluted
$
(1.84
)
$
(5.90
)
$
(4.78
)
Weighted-average number of common shares used in computing net loss per share—basic
and diluted
12,841,233
4,399,137
4,065,230