Attached files
| file | filename |
|---|---|
| 8-K - 8-K - ROSETTA STONE INC | a13-9272_18k.htm |
| EX-2.1 - EX-2.1 - ROSETTA STONE INC | a13-9272_1ex2d1.htm |
| EX-99.2 - EX-99.2 - ROSETTA STONE INC | a13-9272_1ex99d2.htm |
Exhibit 99.1
LIVEMOCHA, Inc.
(in thousands)
(unaudited)
|
|
|
Year Ended |
| ||||
|
|
|
December 31, |
| ||||
|
|
|
2012 |
|
2011 |
| ||
|
Total revenue |
|
$ |
3,613 |
|
$ |
2,949 |
|
|
|
|
|
|
|
| ||
|
Net income/(loss) |
|
(5,194 |
) |
(6,689 |
) | ||
|
|
|
|
|
|
| ||
|
Adjusted EBITDA (1) |
|
(4,830 |
) |
(6,521 |
) | ||
(1) Adjusted EBITDA is GAAP net income or loss plus interest income and expense, income tax benefit and expense, depreciation, amortization and stock-based compensation expenses. Adjusted EBITDA excludes any items related to restructuring costs and transaction and other costs associated with mergers and acquisitions.
LIVEMOCHA, INC.
Reconciliation of Net Income (Loss) to Adjusted EBITDA
(in thousands)
(unaudited)
|
|
|
Year Ended |
| ||||
|
|
|
December 31, |
| ||||
|
|
|
2012 |
|
2011 |
| ||
|
|
|
|
|
|
| ||
|
Net income (loss) |
|
$ |
(5,194 |
) |
$ |
(6,689 |
) |
|
Interest (income)/expense, net |
|
135 |
|
2 |
| ||
|
Income tax expense (benefit) |
|
— |
|
— |
| ||
|
Depreciation and amortization |
|
50 |
|
47 |
| ||
|
Stock-based compensation |
|
98 |
|
119 |
| ||
|
Other EBITDA Adjustments |
|
81 |
|
— |
| ||
|
|
|
|
|
|
| ||
|
Adjusted EBITDA* |
|
$ |
(4,830 |
) |
$ |
(6,521 |
) |
* Adjusted EBITDA is GAAP net income or loss plus interest income and expense, income tax benefit and expense, depreciation, amortization and stock-based compensation expenses. Adjusted EBITDA excludes any items related to restructuring costs and transaction and other costs associated with mergers and acquisitions.