Arteris Announces Financial Results for the Third Quarter 2021 and Estimated Fourth Quarter and Full Year 2021 Guidance

Non-GAAP Net Loss and Non-GAAP EPS, Basic and Diluted

  Three Months Ended
September 30,
  Nine Months Ended
September 30,
  2021  2020  2021  2020
 (in thousands, excepts per share data)
Net loss$(4,968)  $(3,844)  $(15,594)  $(10,836) 
Add:       
Stock-based compensation expense (1)433   111   1,144   281  
Acquisition costs (2)   114   238   461  
Amortization of acquired intangible assets (3,4)119      358     
Gain on extinguishment of debt       (10 )        
Non-GAAP net loss (5) $ (4,416 )     $ (3,619 )     $ (13,864 )     $ (10,094 )  
               
Net loss per share attributable to common stockholders, basic and diluted $ (0.24 )     $ (0.22 )     $ (0.79 )     $ (0.62 )  
Per share impacts of adjustments to net loss (6) $ 0.03       0.01       $ 0.09       0.04    
Non-GAAP EPS, basic and diluted $ (0.21 )     $ (0.21 )     $ (0.70 )     $ (0.58 )  
               
Weighted average shares used in computing per share amounts, basic and diluted 20,578,386       17,628,023       19,768,574       17,495,311    

(1) See table in footnote (1) to the Non-GAAP Loss from Operations above for breakdown of stock-based compensation expense by line item.

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