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They actually mentioned the stock-based compensation and it's impact on GAAP profitability in their S-1. Following the completion of this offering, the stock-b
by minimax 13y ago
They actually mentioned the stock-based compensation and it's impact on GAAP profitability in their S-1.
Following the completion of this offering, the stock-based compensation expense related to Pre-2013 RSUs and other outstanding equity awards will have a significant negative impact on our ability to achieve profitability on a GAAP basis in 2013 and 2014.
http://www.sec.gov/Archives/edgar/data/1418091/000119312513400028/d564001ds1a.htm http://www.sec.gov/Archives/edgar/data/1418091/0001193125134...