Unaudited Reconciliation of GAAP to Non-GAAP Financial Measures U.S. Dollars in thousands, except per share amounts | ||
|
| ||
|
| Three months ended | |
|
| March 31, | |
|
| 2023 | 2022 |
|
| Unaudited | Unaudited |
GAAP net loss | $ (4,872) | $ (1,696) |
Equity-based compensation expense included in cost of revenues | 404 | 339 |
Equity-based compensation expense included in research and development
| 2,173 | 1,995 |
Equity-based compensation expense included in sales and marketing expenses | 393 | 333 |
Equity-based compensation expense included in general and administrative
| 889 | 722 |
Amortization of intangible assets related to acquisition of Intrinsix and Hillcrest
| 677 | 1,282 |
Costs associated with the Intrinsix acquisition | 326 | 326 |
Loss associated with the remeasurement of marketable equity securities, net of
| 117 | 871 |
NRE revenues associated with the purchase price allocation (PPA) related to
| 0 | 42 |
Non-GAAP net income | $ 107 | $ 4,214 |
GAAP weighted-average number of Common Stock used in computation of
| 23,334 | 23,103 |
Weighted-average number of shares related to outstanding stock-based awards (in
| 1,021 | 772 |
Weighted-average number of Common Stock used in computation of diluted
| 24,355 | 23,875 |
|
|
|
|
GAAP diluted loss per share | $ (0.21) | $ (0.07) |
Equity-based compensation expense | $ 0.17 | $ 0.14 |
Amortization of intangible assets related to acquisition of Intrinsix and Hillcrest
| $ 0.03 | $ 0.06 |
Costs associated with the Intrinsix acquisition | $ 0.01 | $ 0.01 |
Loss associated with the remeasurement of marketable equity securities, net of
| $ 0.00 | $ 0.04 |
Non-GAAP diluted earnings per share | $ 0.00 | $ 0.18 |
|
| Three months ended | |
|
| March 31, | |
|
| 2023 | 2022 |
|
| Unaudited | Unaudited |
GAAP Operating Income (loss) | $ (4,793) | $ 468 |
Equity-based compensation expense included in cost of revenues | 404 | 339 |
| Equity-based compensation expense included in research and development
| 2,173 | 1,995 |
| Equity-based compensation expense included in sales and marketing expenses | 393 | 333 |
| Equity-based compensation expense included in general and administrative
| 889 | 722 |
| Amortization of intangible assets related to acquisition of Intrinsix and Hillcrest
| 677 | 1,282 |
| Costs associated with the Intrinsix acquisition | 326 | 326 |
| Purchase price allocation (PPA) for the Intrinsix acquisition | 0 | 42 |
| Total non-GAAP Operating Income | $ 69 | $ 5,507 |
