other risks identified in the Company’s most recent reports on Form 10-K and Form 10-Q filed with the Securities and Exchange Commission, as well as other reports that MoSys files from time to time with the Securities and Exchange Commission. MoSys undertakes no obligation to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.
About MoSys, Inc.
MoSys, Inc. (NASDAQ: MOSY) is a provider of high-performance networking memory solutions and high-speed, multi-protocol serial interface intellectual property (SerDes IP). MoSys' leading edge Bandwidth Engine® ICs combine the company's patented 1T-SRAM® high-density memory with its SerDes IP and are initially targeted at providing breakthroughs in bandwidth and access performance in next generation networking systems. MoSys' SerDes IP and DDR3 PHYs support a wide range of data rates across a variety of standards, while its 1T-SRAM memory cores provide a combination of high-density, low-power consumption, high-speed and low cost advantages for high-performance applications. MoSys is headquartered in Santa Clara, California. More information is available on MoSys' website at www.mosys.com.
MoSys, 1T-SRAM and Bandwidth Engine are registered trademarks of MoSys, Inc. in the US and/or other countries. The MoSys logo is a trademark of MoSys, Inc. All other marks mentioned herein are the property of their respective owners.
|CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS|
|(In thousands, except per share amounts; unaudited)|
|Three Months Ended||Twelve Months Ended|
|December 31,||December 31,|
|Total net revenue||5,169||3,968||14,107||15,563|
|Cost of Net Revenue|
|Total cost of net revenue||1,780||768||3,295||2,826|
|Research and development||6,847||6,078||26,216||24,692|
|Selling, general and administrative||2,286||2,850||8,869||10,051|
|Gain on sale of patents||(35,611||)||-||(35,611||)||-|
|Total operating expenses||(26,478||)||8,928||(526||)||35,925|
|Income (loss) from operations||29,867||(5,728||)||11,338||(23,188||)|
|Other income (expense), net||162||(23||)||206||177|
|Income (loss) before income taxes||30,029||(5,751||)||11,544||(23,011||)|
|Income tax provision (benefit)||229||(40||)||288||51|
|Net income (loss)||$||29,800||$||(5,711||)||$||11,256||$||(23,062||)|
|Net income (loss) per share|
|Shares used in computing net income (loss) per share|