Navitas Semiconductor, the Industry Leader in Gallium Nitride (GaN) Power ICs, Announces Fourth Quarter and Full Year 2021 Financial Results

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In the fourth quarter of 2021, the Company transitioned from an annual cash bonus plan to a stock-settled bonus, which resulted in a $2.0 million reduction of non-GAAP operating expenses as compared to GAAP operating expenses for the three months and year ended December 31, 2021.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/16cd039a-1a0c-4a14-9434-2218b186bdce


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Navitas Semiconductor

Navitas Semiconductor, industry-leader in gallium nitride (GaN) power ICs.


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