(Financial Tables to Follow)
| MOSYS, INC. | ||||||||||||||||
| CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS | ||||||||||||||||
| (In thousands, except per share amounts; unaudited) | ||||||||||||||||
| Three Months Ended | Nine Months Ended | |||||||||||||||
| September 30, | September 30, | |||||||||||||||
| 2013 | 2012 | 2013 | 2012 | |||||||||||||
| Net Revenue | ||||||||||||||||
| Licensing and other | $ | 141 | $ | 248 | $ | 550 | $ | 1,113 | ||||||||
| Royalty | 816 | 1,079 | 2,862 | 3,374 | ||||||||||||
|
Total net revenue |
957 | 1,327 | 3,412 | 4,487 | ||||||||||||
| Cost of Net Revenue | ||||||||||||||||
| Licensing and other | 158 | 53 | 254 | 289 | ||||||||||||
| Total cost of net revenue | 158 | 53 | 254 | 289 | ||||||||||||
| Gross Profit | 799 | 1,274 | 3,158 | 4,198 | ||||||||||||
| Operating Expenses | ||||||||||||||||
| Research and development | 6,243 | 7,026 | 17,546 | 21,220 | ||||||||||||
| Selling, general and administrative | 1,595 | 1,738 | 4,678 | 6,092 | ||||||||||||
| Gain on sale of assets | - | (1,435 | ) | (630 | ) | (3,291 | ) | |||||||||
| Total operating expenses | 7,838 | 7,329 | 21,594 | 24,021 | ||||||||||||
| Loss from operations | (7,039 | ) | (6,055 | ) | (18,436 | ) | (19,823 | ) | ||||||||
| Other income, net | 122 | 61 | 166 | 121 | ||||||||||||
| Loss before income taxes | (6,917 | ) | (5,994 | ) | (18,270 | ) | (19,702 | ) | ||||||||
| Income tax provision | 28 | 79 | 68 | 139 | ||||||||||||
| Net loss | $ | (6,945 | ) | $ | (6,073 | ) | $ | (18,338 | ) | $ | (19,841 | ) | ||||
| Net loss per share | ||||||||||||||||
| Basic and diluted | ($0.14 | ) | ($0.15 | ) | ($0.42 | ) | ($0.51 | ) | ||||||||
| Shares used in computing net loss per share | ||||||||||||||||
| Basic and diluted | 48,164 | 39,299 | 44,173 | 38,919 | ||||||||||||
