[mjard]

> Cost of Revenue

> Cost of revenue consists primarily of payments to third parties for the cost of hosting and supporting our mobile applications and website. In addition, cost of revenue includes expenses directly associated with the delivery of our advertising and other services, including advertising measurement services and credit card and other transaction processing fees. Cost of revenue also consists of personnel-related costs, including salaries, benefits, and stock-based compensation.

That was only $111,011,000.

Edit:

This is incorrect, R&D does include R&D salaries.

[tptacek]

Given their employee count, that would imply a fully loaded headcount cost of around $50k. No, I don't think so?

[mjard]

You are correct, I should have kept reading. R&D also has salaries included