MoSys, Inc. Reports Third Quarter 2015 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 Nine Months Ended
September 30, September 30,
  2015       2014     2015       2014  
 
GAAP net loss $ (10,105 ) $ (8,483 ) $ (24,976 ) $ (23,731 )
Stock-based compensation expense
-Research and development 590 786 2,151 2,653
-Selling, general and administrative   230       288     713       943  
Total stock-based compensation expense 820 1,074 2,864 3,596
 
Amortization of intangible assets   28       250     293       750  
 
Non-GAAP net loss $ (9,257 )   $ (7,159 ) $ (21,819 )   $ (19,385 )
 
GAAP net loss per share $ (0.15 ) $ (0.17 ) $ (0.41 ) $ (0.48 )
Reconciling items
-Stock-based compensation expense 0.01 0.02 0.05 0.07
-Amortization of intangible assets - 0.01 0.01 0.02
           
Non-GAAP net loss per share: basic and diluted $ (0.14 )   $ (0.14 ) $ (0.35 )   $ (0.39 )
 
Shares used in computing non-GAAP net loss per share
Basic and diluted 65,317 49,634 61,486 49,441

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