v2.4.0.8

Condensed Consolidated Statements of Operations (USD $) In Thousands, except Share data, unless otherwise specified | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013
Condensed Consolidated Statements of Operations |  |  |  |
Revenue | $ 24,744 | $ 18,691 | $ 51,076 | $ 37,825
Costs and expenses: |  |  |  |
Servicing and support | 7,000 | 5,656 | 13,248 | 10,674
Technology and content development | 5,818 | 4,596 | 11,492 | 7,831
Program marketing and sales | 16,710 | 13,695 | 31,951 | 25,465
General and administrative | 5,708 | 3,654 | 11,144 | 6,525
Total costs and expenses | 35,236 | 27,601 | 67,835 | 50,495
Loss from operations | (10,492) | (8,910) | (16,759) | (12,670)
Other income (expense): |  |  |  |
Interest expense | (134) | 5 | (918) | 13
Interest income | 31 | 10 | 32 | 16
Total other income (expense) | (103) | 15 | (886) | 29
Loss before income taxes | (10,595) | (8,895) | (17,645) | (12,641)
Net loss | (10,595) | (8,895) | (17,645) | (12,641)
Preferred stock accretion | (2) | (87) | (89) | (174)
Net loss attributable to common stockholders | $ (10,597) | $ (8,982) | $ (17,734) | $ (12,815)
Net loss per share attributable to common stockholders, basic and diluted (in dollars per share) | $ (0.27) | $ (1.21) | $ (0.75) | $ (1.73)
Weighted average common shares outstanding, basic and diluted (in shares) | 39,304,884 | 7,398,059 | 23,588,330 | 7,392,129

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