Business Outlook
The following table provides a reconciliation of projected Non-GAAP net (loss) income to projected net loss, the most comparable GAAP financial measure:
(Unaudited) | ||||||||||||||||
Three Months Ending
June 30, 2020 |
Year Ending
December 31, 2020 | |||||||||||||||
(in thousands) | Low | High | Low | High | ||||||||||||
Net loss | $ | (9,300 | ) | $ | (7,200 | ) | $ | (18,300 | ) | $ | (14,800 | ) | ||||
Stock-based compensation expense | 4,100 | 4,100 | 15,500 | 15,500 | ||||||||||||
Amortization of intangible assets | 3,800 | 3,800 | 15,100 | 15,100 | ||||||||||||
Income tax effect of non-GAAP adjustments | (400 | ) | (400 | ) | (1,500 | ) | (1,500 | ) | ||||||||
Non-GAAP net (loss) income | $ | (1,800 | ) | $ | 300 | $ | 10,800 | $ | 14,300 |