MoSys, Inc. Reports Second Quarter 2015 Financial Results
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MOSYS, INC.
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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
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(In thousands, except per share amounts; unaudited)
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Three Months Ended
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Six Months Ended
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June 30,
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June 30,
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2015
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2014
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2015
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2014
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Net Revenue
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Product
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$
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543
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$
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975
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$
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723
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$
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1,556
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Royalty and other
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451
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774
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1,047
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1,525
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Total net revenue
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994
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1,749
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1,770
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3,081
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Cost of Net Revenue
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Product and other
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563
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1,022
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800
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1,599
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Total cost of net revenue
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563
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1,022
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800
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1,599
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Gross Profit
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431
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727
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970
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1,482
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Operating Expenses
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Research and development
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5,789
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6,432
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12,682
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13,486
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Selling, general and administrative
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1,550
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1,490
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3,164
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3,287
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Total operating expenses
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7,339
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7,922
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15,846
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16,773
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Loss from operations
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(6,908
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(7,195
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(14,876
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(15,291
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Other income, net
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29
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55
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52
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85
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Loss before income taxes
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(6,879
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(7,140
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(14,824
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(15,206
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Income tax provision
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27
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21
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47
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42
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Net loss
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$
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(6,906
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$
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(7,161
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$
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(14,871
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$
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(15,248
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Net loss per share
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Basic and diluted
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$
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(0.11
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($0.14
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($0.25
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($0.31
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Shares used in computing net loss per share
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Basic and diluted
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64,737
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49,511
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59,539
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49,344
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