4 ms·
You can see the source directly, rather than the article [1]. The gist of the misunderstanding is that there are many more things that register as "expenses" w
by gen220 4y ago
You can see the source directly, rather than the article [1].
The gist of the misunderstanding is that there are many more things that register as "expenses" when calculating net loss without burning your cash pile. Stock compensation just happens to be the biggest one.
They had $10.21mm in revenue in 2013 and $3.82mm in 2012. [page 4]
$9.94mm net cash used in 2013. $3.5mm in 2012. [page 6]
[1]: http://web.archive.org/web/20141031201145/http://investor.fb.com/secfiling.cfm?filingID=1326801-14-47&CIK=1326801 http://web.archive.org/web/20141031201145/http://investor.fb...