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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement        
Revenue $ 51,381 $ 63,250 $ 154,272 $ 188,870
Cost of revenue:        
Platform commissions, royalties and other 18,918 25,890 57,771 73,431
Impairment of prepaid royalties and minimum guarantees (including impairment of prepaid royalties and minimum guarantees paid to a related party of $9,866 for the three and nine months ended September 30, 2016, and $0 for the three and nine months ended September 30, 2015, respectively) 29,836 1,555 29,984 1,644
Impairment and amortization of intangible assets (including impairment and amortization of intangible assets acquired from a related party of $5,000 for the three and nine months ended September 30, 2016, and $0 for the three and nine months ended September 30, 2015, respectively) 7,320 2,360 11,981 7,228
Total cost of revenue 56,074 29,805 99,736 82,303
Gross (loss) profit (4,693) 33,445 54,536 106,567
Operating expenses:        
Research and development 20,080 16,304 61,113 52,855
Sales and marketing 10,104 12,302 33,663 37,511
General and administrative 7,011 4,419 22,091 19,254
Amortization of intangible assets 0 31 0 190
Restructuring charge 57   2,279  
Total operating expenses 37,252 33,056 119,146 109,810
(Loss)/income from operations (41,945) 389 (64,610) (3,243)
Interest and other income (expense), net:        
Interest income 12 15 58 34
Other expense (1,665) (167) (5,695) (644)
Interest and other expense, net (1,653) (152) (5,637) (610)
(Loss)/income before income taxes (43,598) 237 (70,247) (3,853)
Income tax benefit (provision) (129) (79) 21 (374)
Net (loss)/income $ (43,727) $ 158 $ (70,226) $ (4,227)
Net income/(loss) per common share - basic and diluted        
Basic $ (0.33) $ 0.00 $ (0.54) $ (0.04)
Diluted $ (0.33) $ 0.00 $ (0.54) $ (0.04)
Weighted average common shares outstanding - basic and diluted:        
Basic 133,110 127,287 131,160 115,775
Diluted 133,110 131,486 131,160 115,775