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The adjusted EBITDA the author talks about is on page 12 of the S-1 filing[0]. The largest items that take the $11M net loss to positive EBITDA is $7M of deprec
by Nicholas_C 13y ago
The adjusted EBITDA the author talks about is on page 12 of the S-1 filing[0]. The largest items that take the $11M net loss to positive EBITDA is $7M of depreciation & amortization and $5M of stock based compensation.
[0]http://www.sec.gov/Archives/edgar/data/1115128/000119312514066562/d612699ds1a.htm http://www.sec.gov/Archives/edgar/data/1115128/0001193125140...