Mobileye Global Inc.
Reconciliation of GAAP Net Income to Non-GAAP Adjusted Net Income (unaudited)
|
|
Three Months Ended |
|
Year Ended |
||||||||||||||||||||||||
U.S. dollars in millions |
|
December 31, 2022 |
|
December 25, 2021 |
|
December 31, 2022 |
|
December 25, 2021 |
||||||||||||||||||||
|
|
Amount |
|
% of
|
|
Amount |
|
% of
|
|
Amount |
|
% of
|
|
Amount |
|
% of
|
||||||||||||
Net Income (Loss) |
|
$ |
30 |
|
|
5 |
% |
|
$ |
(53 |
) |
|
(15 |
) % |
|
$ |
(82 |
) |
|
(4 |
) % |
|
$ |
(75 |
) |
|
(5 |
) % |
Add: Amortization of acquired intangible assets |
|
|
131 |
|
|
23 |
% |
|
|
141 |
|
|
40 |
% |
|
|
544 |
|
|
29 |
% |
|
|
509 |
|
|
37 |
% |
Add: Expenses related to the IPO |
|
|
— |
|
|
— |
% |
|
|
— |
|
|
— |
% |
|
|
4 |
|
|
— |
% |
|
|
— |
|
|
— |
% |
| Add: Share-based compensation expense |
|
|
62 |
|
|
11 |
% |
|
|
24 |
|
|
7 |
% |
|
|
174 |
|
|
9 |
% |
|
|
97 |
|
|
7 |
% |
| Less: Income tax effects |
|
|
(8 |
) |
|
(1 |
) % |
|
|
(15 |
) |
|
(4 |
) % |
|
|
(35 |
) |
|
(2 |
) % |
|
|
(57 |
) |
|
(4 |
) % |
| Adjusted Net Income |
|
$ |
215 |
|
|
38 |
% |
|
$ |
97 |
|
|
27 |
% |
|
$ |
605 |
|
|
32 |
% |
|
$ |
474 |
|
|
34 |
% |
