Annual report pursuant to section 13 and 15(d)

Preferred Stock (Tables)

v2.4.0.8
Preferred Stock (Tables)
12 Months Ended
Dec. 31, 2013
Pro Forma Effect of Results of Operations

The following gives pro forma effect to the results of operations for the year ended December 31, 2013 had the modification been effective on February 21, 2013:

 

(in thousands)

                   
   As Reported     Series E Adjustments      Proforma  

Revenue

   $ 26,060      $ —         $ 26,060   
  

 

 

   

 

 

    

 

 

 

Gross profit

     9,952        —           9,952   
  

 

 

   

 

 

    

 

 

 

Operating loss

     (10,522     —           (10,522

Other income (expenses)

     (6,299     6,990         691   
  

 

 

   

 

 

    

 

 

 

Net loss

   $ (16,821   $ 6,990       $ (9,831

Dividends and accretion to redemption value of Series E and F

     (3,650     1,636         (2,014
  

 

 

   

 

 

    

 

 

 

Net loss attributable to common stockholders

   $ (20,471   $ 8,626       $ (11,845
  

 

 

   

 

 

    

 

 

 

Basic and diluted loss per common share:

  

Loss from continuing operations attributable to common stockholders

   $ (0.26      $ (0.15
  

 

 

      

 

 

 

Net loss attributable to common stockholders

   $ (0.26      $ (0.15