Arteris Announces Financial Results for the Third Quarter 2021 and Estimated Fourth Quarter and Full Year 2021 Guidance

  Three Months Ended  Nine Months Ended
  September 30,  September 30,
  2021  2020  2021  2020
  (in thousands)
Research and development$225   $68   $645   $158  
Sales and marketing38   21   114   66  
General and administrative170   22   385   57  
Total stock-based compensation expense$433   $111   $1,144   $281  

(2) Includes advisory, legal, accounting, valuation, and other professional or consulting fees associated with the Magillem acquisition.
(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,
  2021  2020  2021  2020
  (in thousands)
Research and development $ 85      $ —      $ 255      $ —   
Sales and marketing 34      —      103      —   
Total amortization $ 119      $ —      $ 358      $ —   

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