Valens Semiconductor Reports Third Quarter 2024 Results

RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES
(U.S. Dollars in thousands, except per share amounts)

The following tables provide a calculation of the GAAP Loss per share and reconciliation to Non-GAAP Loss per share.


Three Months Ended

September 30,

Nine Months Ended

September 30,


 GAAP Loss per Share

2024

2023

2024

2023







GAAP Net Loss used for computing Loss per Share

(10,355)

(12,492)

 

(29,266)

 

(22,451)

 

Earnings Per Share Data:





GAAP Loss per Share (in U.S. Dollars)

$(0.10)

$(0.12)

 

$(0.28)

 

$(0.22)

 

 

Weighted average number of shares and vested RSUs used
in computing
net loss per ordinary share

106,098,703

102,216,654

 

 

 

105,075,212

 

 

 

101,659,653





 

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
 September 30,

Non-GAAP Loss per Share[7]

2024

2023

2024

2023






GAAP Net Loss

(10,355)

(12,492)

 

(29,266)

 

(22,451)

Adjusted to exclude the following:





 

Stock based compensation

3,760

3,708

 

11,259

 

11,517

Depreciation and amortization

823

400

 

1,758

 

1,193

Certain batch production incident expenses

2,249

-

 

2,249

 

-

Change in earnout liability

264

-

 

292

 

-

Change in fair value of Forfeiture Shares

(3)

(89)

 

(38)

 

(1,618)

Total Non-GAAP Loss used for computing Loss per Share

(3,262)

(8,473)

 

(13,746)

 

(11,359)

 

Earnings Per Share Data:





Non-GAAP (Loss) per Share (in U.S. Dollars)  

$(0.03)

$(0.08)

 

$(0.13)

 

$(0.11)

Weighted average number of shares and vested RSUs   used
in computing net loss per ordinary share

106,098,703

102,216,654

 

 

 

105,075,212

 

 

 

101,659,653








« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8  Next Page »
Featured Video
Jobs
Design Verification Engineer for Blockwork IT at Milpitas, California
GPU Design Verification Engineer for AMD at Santa Clara, California
Senior Firmware Architect - Server Manageability for Nvidia at Santa Clara, California
Sr. Silicon Design Engineer for AMD at Santa Clara, California
CAD Engineer for Nvidia at Santa Clara, California
Senior Platform Software Engineer, AI Server - GPU for Nvidia at Santa Clara, California
Upcoming Events
SEMICON Japan 2024 at Tokyo Big Sight Tokyo Japan - Dec 11 - 13, 2024
PDF Solutions AI Executive Conference at St. Regis Hotel San Francisco - Dec 12, 2024
DVCon U.S. 2025 at United States - Feb 24 - 27, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise