Arteris Announces Financial Results for the First Quarter 2022 and Estimated Second Quarter and Full Year 2022 Guidance

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

  Three Months Ended 
March 31
  2022
  2021
 (in thousands, excepts per share
Net loss$(6,820) $(6,717)
Add:   
Stock-based compensation expense (1) 2,309   333 
Acquisition costs (2)    183 
Amortization of acquired intangible assets (3,4) 119   119 
Gain on extinguishment of debt    (10)
Non-GAAP net loss (5)$(4,392) $(6,092)
    
Net loss per share attributable to common stockholders, basic and diluted$(0.22) $(0.36)
Per share impacts of adjustments to net loss (6)$0.08  $0.04 
Non-GAAP EPS, basic and diluted$(0.14) $(0.32)
    
Weighted average shares used in computing per share amounts, basic and diluted   31,619,706       18,832,800  

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

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