Textura Corporation

Consolidated Statements of Operations (unaudited)

(in thousands, except per share amounts)

Three Months Ended

Twelve Months Ended

December 31,

December 31,

2015

2014

2015

2014

Revenues   

$ 23,732

$ 17,862

$  86,729

$  62,968

Operating expenses

Cost of services (exclusive of depreciation and amortization shown separately below)   

4,079

3,606

15,254

12,851

General and administrative   

13,848

6,489

36,661

25,249

Sales and marketing   

5,204

5,143

21,013

20,518

Technology and development   

5,326

4,490

20,404

21,031

Depreciation and amortization   

2,361

1,903

8,628

7,741

Asset impairment

1,070

-

1,070

-

Total operating expenses   

31,888

21,631

103,030

87,390

Loss from operations   

(8,156)

(3,769)

(16,301)

(24,422)

Other income (expense), net

Interest income and other expense, net

13

19

43

70

Interest expense   

(8)

(27)

(31)

(133)

Total other income (expense), net   

5

(8)

12

(63)

Loss before income taxes   

(8,151)

(3,777)

(16,289)

(24,485)

Income tax provision

63

130

307

370

Net loss   

$ (8,214)

$ (3,907)

$(16,596)

$(24,855)

Less: Net loss attributable to non-controlling interest 

-

-

-

(169)

Net loss attributable to Textura Corporation   

(8,214)

(3,907)

(16,596)

(24,686)

Accretion of redeemable nonâ�‘controlling interest   

-

-

-

199

Net loss attributable to Textura Corporation common stockholders   

$ (8,214)

$ (3,907)

$(16,596)

$(24,885)

Net loss per share attributable to Textura Corporation common stockholders, basic and diluted   

$  (0.31)

$  (0.15)

$    (0.64)

$    (0.99)

Weighted-average number of common shares outstanding, basic and diluted   

26,095

25,487

25,860

25,184