MoSys, Inc. Reports Third Quarter 2006 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,
                                    2006     2005     2006     2005
                                  --------- -------- -------- --------

 GAAP net income (loss)           $ (2,867) $    50  $(5,905) $(1,898)

 Non-GAAP adjustments:
  Stock compensation expense
       - Cost of revenue                23        -      127        -
       - Research and development      279        -      741        -
         Selling, general and
       -  administrative               401       10    1,062       29
                                   --------  -------  -------  -------
         Total stock compensation
          expense                      703       10    1,930       29

 Non-GAAP net income (loss)       $ (2,164) $    60  $(3,975) $(1,869)
                                   ========  =======  =======  =======

 GAAP net income (loss) per
  share: Basic and Diluted        $  (0.09) $  0.00  $ (0.19) $ (0.06)
  Reconciling item:
         Stock compensation
       -  expense                 $   0.02  $  0.00  $  0.06  $  0.00

                                  --------- -------- -------- --------
 Non-GAAP net income (loss) per
  share: Basic and Diluted        $  (0.07) $  0.00  $ (0.13) $ (0.06)
                                   ========  =======  =======  =======

 Shares used in computing non-
  GAAP net income (loss) per
  share
  Basic                             31,386   30,531   31,233   30,479
  Diluted                           31,386   31,504   31,233   30,479

                             MOSYS, INC.
                CONDENSED CONSOLIDATED BALANCE SHEETS
                            (in thousands)

                                           September 30,  December 31,
                                               2006           2005 (a)
                                           -------------  ------------
                                            (unaudited)
Assets:
 Current assets:
       Cash, cash equivalents and short-
        term investments                   $     83,601   $    68,650
       Accounts receivable - net                    487           638
       Unbilled contract receivable                  52           368
       Prepaid expenses and other assets          2,287         2,632
                                            ------------   -----------
             Total current assets                86,427        72,288

 Long-term investments                            3,492        17,339
 Property and equipment - net                       843         1,121
 Goodwill                                                            12,326                12,326
  Other  assets                                                                              593                      563
                                                                                      -------------    ------------
                          Total  assets                                    $        103,681      $      103,637
                                                                                        ============      ===========

Liabilities  and  Stockholders'  Equity:
  Current  liabilities:
              Accounts  payable                                        $                665      $              236
              Accrued  expenses  and  other
                liabilities                                                              2,020                  2,564
              Accrued  litigation  settlement                            2,400                          -
              Deferred  revenue                                                          302                  1,309
                                                                                        ------------      -----------
                          Total  current  liabilities                        5,387                  4,109

    Long-term  portion  of  restructuring
      liability                                                                                  94                      196

  Stockholders'  equity:
              Common  stock,  additional  paid-in
                capital  and  others                                            104,939              100,166
              Accumulated  deficit                                              (6,739)                  (834)
                                                                                        ------------      -----------
                          Total  stockholders'  equity                    98,200                99,332

                          Total  liabilities  and
                            stockholders'  equity                  $        103,681      $      103,637
                                                                                        ============      ===========

        (a)Derived  from  Audited  Financial
                Statements
 



« Previous Page 1 | 2 | 3 | 4  Next Page »



Review Article Be the first to review this article

EMA:

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Retail Therapy: Jump starting Black Friday
Peggy AycinenaIP Showcase
by Peggy Aycinena
REUSE 2016: Addressing the Four Freedoms
More Editorial  
Jobs
Development Engineer-WEB SKILLS +++ for EDA Careers at North Valley, CA
Manager, Field Applications Engineering for Real Intent at Sunnyvale, CA
Technical Support Engineer for EDA Careers at Freemont, CA
RELIABILITY ENGINEER... FRANCE for EDA Careers at FRANCE, France
FAE FIELD APPLICATIONS SAN DIEGO for EDA Careers at San Diego, CA
Upcoming Events
Zuken Innovation World 2017, April 24 - 26, 2017, Hilton Head Marriott Resort & Spa in Hilton Head Island, SC at Hilton Head Marriott Resort & Spa Hilton Head Island NC - Apr 24 - 26, 2017
CST Webinar Series



Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — 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 Policy