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