MoSys, Inc. Reports Second Quarter 2015 Financial Results
|
|
|
|
|
|
|
|
|
|
|
|
|
MOSYS, INC.
|
|
Reconciliation of GAAP to Non-GAAP Net Loss and Net Loss Per Share
|
|
(In thousands, except per share amounts; unaudited)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended
|
|
|
|
Six Months Ended
|
|
|
|
|
|
|
June 30,
|
|
|
|
June 30,
|
|
|
|
|
|
|
|
2015
|
|
|
|
2014
|
|
|
|
|
|
2015
|
|
|
|
2014
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
GAAP net loss
|
|
$
|
(6,906
|
)
|
|
$
|
(7,161
|
)
|
|
|
|
$
|
(14,871
|
)
|
|
$
|
(15,248
|
)
|
|
|
|
Stock-based compensation expense
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-
|
Research and development
|
|
|
595
|
|
|
|
784
|
|
|
|
|
|
1,561
|
|
|
|
1,867
|
|
|
|
|
-
|
Selling, general and administrative
|
|
|
222
|
|
|
|
247
|
|
|
|
|
|
483
|
|
|
|
655
|
|
|
|
|
|
Total stock-based compensation expense
|
|
|
817
|
|
|
|
1,031
|
|
|
|
|
|
2,044
|
|
|
|
2,522
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Amortization of intangible assets
|
|
|
28
|
|
|
|
250
|
|
|
|
|
|
265
|
|
|
|
500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-GAAP net loss
|
|
$
|
(6,061
|
)
|
|
$
|
(5,880
|
)
|
|
|
|
$
|
(12,562
|
)
|
|
$
|
(12,226
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
GAAP net loss per share
|
|
$
|
(0.11
|
)
|
|
$
|
(0.14
|
)
|
|
|
|
$
|
(0.25
|
)
|
|
$
|
(0.31
|
)
|
|
|
|
Reconciling items
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-
|
Stock-based compensation expense
|
|
|
0.02
|
|
|
|
0.02
|
|
|
|
|
|
0.03
|
|
|
|
0.05
|
|
|
|
|
-
|
Amortization of intangible assets
|
|
|
-
|
|
|
|
-
|
|
|
|
|
|
0.01
|
|
|
|
0.01
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-GAAP net loss per share: basic and diluted
|
|
$
|
(0.09
|
)
|
|
$
|
(0.12
|
)
|
|
|
|
$
|
(0.21
|
)
|
|
$
|
(0.25
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares used in computing non-GAAP net loss per share
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic and diluted
|
|
|
64,737
|
|
|
|
49,511
|
|
|
|
|
|
59,539
|
|
|
|
49,344
|
|
