CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
(In thousands, except per share amounts)
Three months ended | Six months ended | ||||||||||||||||||
June 30, | March 31, | June 30, | June 30, | June 30, | |||||||||||||||
2024
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2024
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2023
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2024
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2023
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Revenues: | |||||||||||||||||||
Analytics | $ | 38,114 | $ | 38,463 | $ | 37,134 | $ | 76,577 | $ | 73,460 | |||||||||
Integrated yield ramp | 3,547 | 2,847 | 4,467 | 6,394 | 8,900 | ||||||||||||||
Total revenues | 41,661 | 41,310 | 41,601 | 82,971 | 82,360 | ||||||||||||||
Costs and Expenses: | |||||||||||||||||||
Costs of revenues | 12,230 | 13,529 | 12,369 | 25,759 | 24,273 | ||||||||||||||
Research and development | 12,649 | 12,984 | 12,264 | 25,633 | 25,315 | ||||||||||||||
Selling, general, and administrative | 16,259 | 16,498 | 14,766 | 32,757 | 30,411 | ||||||||||||||
Amortization of acquired intangible assets | 259 | 259 | 326 | 518 | 651 | ||||||||||||||
Interest and other expense (income), net | (1,479 | ) | (1,692 | ) | (1,071 | ) | (3,171 | ) | (1,982 | ) | |||||||||
Income (loss) before income tax benefit (expense) | 1,743 | (268 | ) | 2,947 | 1,475 | 3,692 | |||||||||||||
Income tax benefit (expense) | (38 | ) | (125 | ) | 3,888 | (163 | ) | 3,498 | |||||||||||
Net income (loss) | $ | 1,705 | $ | (393 | ) | $ | 6,835 | $ | 1,312 | $ | 7,190 | ||||||||
Net income (loss) per share: | |||||||||||||||||||
Basic | $ | 0.04 | $ | (0.01 | ) | $ | 0.18 | $ | 0.03 | $ | 0.19 | ||||||||
Diluted | $ | 0.04 | $ | (0.01 | ) | $ | 0.17 | $ | 0.03 | $ | 0.18 | ||||||||
Weighted average common shares used to calculate net income (loss) per share: | |||||||||||||||||||
Basic | 38,619 | 38,500 | 37,859 | 38,456 | 37,799 | ||||||||||||||
Diluted | 39,132 | 38,500 | 39,076 | 38,989 | 38,968 | ||||||||||||||