The following table provides a reconciliation of projected Non-GAAP net (loss) income to projected net loss, the most comparable GAAP financial measure:
(Unaudited) | ||||||||||||||||
Three Months Ending
September 30, 2020 |
Year Ending
December 31, 2020 | |||||||||||||||
(in thousands) | Low | High | Low | High | ||||||||||||
Net loss | $ | (20,300 | ) | $ | (18,300 | ) | $ | (36,000 | ) | $ | (31,000 | ) | ||||
Stock-based compensation expense | 7,900 | 7,900 | 24,000 | 24,000 | ||||||||||||
Amortization of intangible assets | 3,800 | 3,800 | 15,000 | 15,000 | ||||||||||||
Special adjustments | — | — | 600 | 600 | ||||||||||||
Income tax effect of non-GAAP adjustments | (400 | ) | (400 | ) | (1,400 | ) | (1,400 | ) | ||||||||
Non-GAAP net (loss) income | $ | (9,000 | ) | $ | (7,000 | ) | $ | 2,200 | $ | 7,200 | ||||||
The following table provides a reconciliation of projected Adjusted EBITDA to projected net loss, the most comparable GAAP financial measure: