| (1) | The Data Center segment primarily includes server microprocessors (CPUs) and graphics processing units (GPUs), data processing units (DPUs), Field Programmable Gate Arrays (FPGAs) and Adaptive System-on-Chip (SoC) products for data centers. | |
| The Client segment primarily includes CPUs, accelerated processing units that integrate microprocessors and GPUs (APUs), and chipsets for desktop and notebook personal computers. | ||
| The Gaming segment primarily includes discrete GPUs, semi-custom SoC products and development services. | ||
| The Embedded segment primarily includes embedded CPUs and GPUs, FPGAs, and Adaptive SoC products. | ||
| From time to time, the Company may also sell or license portions of its IP portfolio. | ||
| All Other category primarily includes certain expenses and credits that are not allocated to any of the operating segments, such as acquisition-related intangible asset amortization expense, employee stock-based compensation expense, acquisition-related costs and licensing gain. |
| (2) | Reconciliation of GAAP Net Income to Adjusted EBITDA |
| Three Months Ended | Year Ended | |||||||||||||||
| December 31,
2022 | December 25,
2021 | December 31,
2022 | December 25,
2021 | |||||||||||||
| GAAP net income | $ | 21 | $ | 974 | $ | 1,320 | $ | 3,162 | ||||||||
| Interest expense | 19 | 8 | 88 | 34 | ||||||||||||
| Other (income) expense, net | (32 | ) | (4 | ) | (8 | ) | (55 | ) | ||||||||
| Income tax provision (benefit) | (154 | ) | 229 | (122 | ) | 513 | ||||||||||
| Equity income in investee | (3 | ) | — | (14 | ) | (6 | ) | |||||||||
| Stock-based compensation | 310 | 112 | 1,012 | 379 | ||||||||||||
| Depreciation and amortization | 176 | 118 | 626 | 407 | ||||||||||||
| Amortization of acquired intangible assets | 1,044 | — | 3,548 | — | ||||||||||||
| Acquisition-related costs | 57 | 9 | 521 | 42 | ||||||||||||
| Adjusted EBITDA | $ | 1,438 | $ | 1,446 | $ | 6,971 | $ | 4,476 | ||||||||
