Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.8.0.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Net revenues      
Streaming $ 26,220 $ 14,736 $ 10,752
DVD subscription and other 2,070 2,511 2,707
Total net revenues 28,290 17,247 13,459
Cost of revenues      
Streaming 3,602 2,567 2,262
DVD subscription and other 325 275 335
Total cost of revenues 3,927 2,842 2,597
Gross profit 24,363 14,405 10,862
Expenses:      
Selling and operating 43,979 24,960 13,079
Corporate, general and administration 5,525 6,020 6,494
Total operating expenses 49,504 30,980 19,573
Loss from operations (25,141) (16,575) (8,711)
Interest and other income (expense), net 515 (351) (311)
Loss before income taxes (24,626) (16,926) (9,022)
Income tax benefit (925) (6,144) (3)
Loss from continuing operations (23,701) (10,782) (9,019)
Income (loss) from discontinued operations, net of tax 429 97,848 (2,687)
Net income (loss) $ (23,272) $ 87,066 $ (11,706)
Income (loss) per share—basic and diluted:      
Continuing operations $ (1.57) $ (0.54) $ (0.37)
Discontinued operations 0.03 4.93 (0.11)
Basic and diluted net income (loss) per share $ (1.54) $ 4.39 $ (0.48)
Weighted-average shares outstanding:      
Basic and diluted 15,160 19,850 24,510