03-19-2015, 09:31 PM
"Net loss attributable to NQ Mobile was $76.7 million for the fiscal year 2014, compared with net loss of $1.9 million in 2013. Non-GAAP net income attributable to NQ Mobile, which excludes share-based compensation, expenses incurred for the handling of short seller allegations and interest expenses related to convertible debts, was $26.2 million for the fiscal year 2014, compared with $57.8 million in 2013."
"Share-based compensation expenses, which were allocated to related operating cost and expenses line items, amounted to $19.3 million in the fourth quarter of 2014, compared to $14.9million in the corresponding period in 2013. The increase in share-based compensation expenses was mainly due to performance-based share options granted in relation to the Company's acquisitions."
Anybody know where I can find a job that increases my bonus by 30% while losing an additional $75 million and having my stock tanked? My perception here is NQ has been set up by Chinese entrepreneurs to loot international investors. How wrong am I?
"Share-based compensation expenses, which were allocated to related operating cost and expenses line items, amounted to $19.3 million in the fourth quarter of 2014, compared to $14.9million in the corresponding period in 2013. The increase in share-based compensation expenses was mainly due to performance-based share options granted in relation to the Company's acquisitions."
Anybody know where I can find a job that increases my bonus by 30% while losing an additional $75 million and having my stock tanked? My perception here is NQ has been set up by Chinese entrepreneurs to loot international investors. How wrong am I?