v2.4.0.8

Condensed Consolidated Statements of Operations (USD $) In Thousands, except Share data, unless otherwise specified | 3 Months Ended
--- | ---
Mar. 31, 2014 | Mar. 31, 2013
Condensed Consolidated Statements of Operations |  |
Revenue | $ 26,332 | $ 19,134
Costs and expenses: |  |
Servicing and support | 6,248 | 5,018
Technology and content development | 5,674 | 3,235
Program marketing and sales | 15,241 | 11,770
General and administrative | 5,436 | 2,871
Total costs and expenses | 32,599 | 22,894
Loss from operations | (6,267) | (3,760)
Other income (expense): |  |
Interest expense | (784) | 8
Interest income | 1 | 6
Total other income (expense) | (783) | 14
Loss before income taxes | (7,050) | (3,746)
Net loss | (7,050) | (3,746)
Preferred stock accretion | (87) | (87)
Net loss attributable to common stockholders | $ (7,137) | $ (3,833)
Net loss per share attributable to common stockholders, basic and diluted (in dollars per share) | $ (0.93) | $ (0.52)
Weighted average common shares outstanding, basic and diluted (in shares) | 7,698,709 | 7,386,133
Pro forma net loss per share attributable to common stockholders, basic and diluted (in dollars per share) | $ (0.20) |
Pro forma weighted average common shares outstanding, basic and diluted (in shares) | 31,199,917 |

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