Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenue:      
License Revenue $ 153,966 $ 0 $ 0
Equipment Sales 26,494 57,845 30,455
Service Revenue 79,262 11,365 3,182
Total Revenue 259,722 69,210 33,637
Cost of Sales:      
Licensing 100,490 0 0
Equipment 21,075 54,570 27,858
Service 76,373 22,327 8,089
Total Cost of Sales 197,938 76,897 35,947
Sales and marketing expenses 10,330 3,935 3,129
Product development 9,068 2,646 3,392
General and administrative 70,629 14,534 9,552
Amortization of intangible assets 17,281 34 25
Total operating expenses 305,246 98,046 52,045
Loss from operations (45,524) (28,836) (18,408)
Other income (expense):      
Interest expense, net (2,417) (10,368) (233)
Change in fair value of derivatives (63,961) (3,576) 0
Other expense, net (1,000) (23) (60)
Loss before income taxes (112,902) (42,803) (18,701)
Income tax provision (1,839) 0 0
Net loss (114,741) (42,803) (18,701)
Net income attributable to non-controlling interests (290) 0 0
Net loss attributable to Global Eagle Entertainment Inc. common stockholders $ (115,031) $ (42,803) $ (18,701)
Basic and diluted (in dollars per share) $ (2.17) $ (2.24) $ (1.35)
Weighted average common shares basic and diluted (in shares) 53,061 19,148 13,883