MoSys, Inc. Reports Second Quarter 2014 Financial Results
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MOSYS, INC.
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Reconciliation of GAAP to Non-GAAP Net Loss and Net Loss Per Share
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(In thousands, except per share amounts; unaudited)
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Three Months Ended
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Six Months Ended
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June 30,
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June 30,
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2014
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2013
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2014
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2013
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GAAP net loss
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$
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(7,161
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$
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(6,396
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$
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(15,248
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$
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(11,393
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Stock-based compensation expense
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- Cost of net revenue
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-
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5
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-
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7
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- Research and development
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784
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720
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1,867
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1,310
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- Selling, general and administrative
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247
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236
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655
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532
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Total stock-based compensation expense
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1,031
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961
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2,522
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1,849
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Amortization of intangible assets
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250
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250
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500
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500
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Non-GAAP net loss
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$
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(5,880
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$
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(5,185
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$
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(12,226
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$
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(9,044
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GAAP net loss per share
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$
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(0.14
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$
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(0.15
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$
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(0.31
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$
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(0.27
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Reconciling items
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- Stock-based compensation expense
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0.02
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0.02
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0.05
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0.05
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- Amortization of intangible assets
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-
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0.01
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0.01
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0.01
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Non-GAAP net loss per share: basic and diluted
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$
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(0.12
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$
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(0.12
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$
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(0.25
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$
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(0.21
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Shares used in computing non-GAAP net loss per share
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Basic and diluted
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49,511
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43,892
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49,344
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42,078
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