Arteris Announces Financial Results for the Third Quarter 2022 and Estimated Fourth Quarter and Full Year 2022 Guidance

(2) Includes advisory, legal, accounting, valuation, and other professional or consulting fees associated with the Magillem acquisition and recorded in general and administrative.
(3) Represents the amortization expenses of our intangible assets attributable to the Magillem acquisition.
(4) Includes amortization of acquired intangible assets as follows:


  Three Months Ended  Nine Months Ended
  September 30,  September 30,
  2022  2021  2022  2021
Research and development$85 $85 $255 $255
Sales and marketing 34  34  103  103
Total amortization$119 $119 $358 $358


Non-GAAP Net Loss and Non-GAAP EPS, Basic and Diluted

  Three Months Ended
September 30,
  Nine Months Ended
September 30,
  2022
  2021
  2022
  2021
Net loss$(7,684) $(4,968)   $ (20,172 )   $ (15,594 )
Add:              
Stock-based compensation expense (1)   3,389       433       9,082       1,144  
Acquisition costs (2)                     238  
Amortization of acquired intangible assets (3,4)   119       119       358       358  
Gain on extinguishment of debt                     (10 )
Non-GAAP net loss (5) $ (4,176 )   $ (4,416 )   $ (10,732 )   $ (13,864 )
               
Net loss per share attributable to common stockholders, basic and diluted $ (0.23 )   $ (0.24 )   $ (0.63 )   $ (0.79 )
Per share impacts of adjustments to net loss (6) $ 0.10     $ 0.03     $ 0.30     $ 0.09  
Non-GAAP EPS, basic and diluted $ (0.13 )   $ (0.21 )   $ (0.33 )   $ (0.70 )
               
Weighted average shares used in computing per share amounts, basic and diluted   32,836,014       20,578,386       32,228,429       19,768,574  

(1) See table in footnote (1) to the condensed consolidated statements of loss above for breakdown of stock-based compensation expense by line item.

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