I don't understand what you're reading that's different from what I'm reading. Where do you get this 126 million dollar loss? Netflix reported net income of $66.7MM for the quarter and $186.7MM for the year. [1]

And how could revenue per user be negative? Even if Netflix were burning cash they wouldn't have negative revenue.

[1 (xlsx)] http://files.shareholder.com/downloads/NFLX/3717249512x0x924...