MoSys, Inc. Reports Second Quarter 2008 Financial Results
|
MOSYS, INC.
|
Reconciliation of GAAP to Non-GAAP Net Loss and Net Loss Per Share
|
(In thousands, except per share amounts; unaudited)
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended
|
|
Six Months Ended
|
|
|
June 30,
|
|
June 30,
|
|
|
|
2008
|
|
|
|
2007
|
|
|
|
2008
|
|
|
|
2007
|
|
|
|
|
|
|
|
|
|
|
GAAP net loss
|
|
$
|
(4,590
|
)
|
|
$
|
(146
|
)
|
|
$
|
(8,874
|
)
|
|
$
|
(1,115
|
)
|
Stock-based compensation expense
|
|
|
|
|
|
|
|
|
- Cost of net revenue
|
|
|
151
|
|
|
|
122
|
|
|
|
231
|
|
|
|
222
|
|
- Research and development
|
|
|
356
|
|
|
|
279
|
|
|
|
729
|
|
|
|
529
|
|
- Selling, general and administrative
|
|
|
826
|
|
|
|
517
|
|
|
|
1,639
|
|
|
|
929
|
|
Total stock-based compensation expense
|
|
|
1,333
|
|
|
|
918
|
|
|
|
2,599
|
|
|
|
1,680
|
|
|
|
|
|
|
|
|
|
|
Amortization of acquired intangible assets
|
|
|
197
|
|
|
|
-
|
|
|
|
394
|
|
|
|
-
|
|
|
|
|
|
|
|
|
|
|
Non-GAAP net income (loss)
|
|
$
|
(3,060
|
)
|
|
$
|
772
|
|
|
$
|
(5,881
|
)
|
|
$
|
565
|
|
|
|
|
|
|
|
|
|
|
GAAP net loss per share
|
|
|
($0.14
|
)
|
|
|
($0.00
|
)
|
|
|
($0.28
|
)
|
|
|
($0.04
|
)
|
Reconciling items
|
|
|
|
|
|
|
|
|
- Stock-based compensation expense
|
|
|
0.04
|
|
|
|
0.03
|
|
|
|
0.08
|
|
|
|
0.06
|
|
- Amortization of acquired intangible assets
|
|
|
(0.00
|
)
|
|
|
-
|
|
|
|
0.01
|
|
|
|
-
|
|
|
|
|
|
|
|
|
|
|
Non-GAAP net income (loss) per share: Basic and diluted
|
|
|
($0.10
|
)
|
|
$
|
0.03
|
|
|
|
($0.19
|
)
|
|
$
|
0.02
|
|
|
|
|
|
|
|
|
|
|
Shares used in computing non-GAAP net income (loss) per share
|
|
|
|
|
Basic
|
|
|
31,703
|
|
|
|
31,945
|
|
|
|
31,690
|
|
|
|
31,820
|
|
Diluted
|
|
|
31,703
|
|
|
|
32,882
|
|
|
|
31,690
|
|
|
|
32,751
|
|