Three months ended

Six months ended

Jun 30,

Jun 30,

2023

2022

2023

2022

Unaudited

Unaudited

Unaudited

Unaudited

GAAP Operating Income (loss)

$  (6,274)

$  (276)

$  (11,067)

$    192

Equity-based compensation expense included in cost of
revenues

390

344

794

683

Equity-based compensation expense included in
research and development expenses

2,420

2,006

4,593

4,001

Equity-based compensation expense included in sales
and marketing expenses

468

340

861

673

Equity-based compensation expense included in
general and administrative expenses

927

613

1,816

1,335

Amortization of intangible assets related to acquisition
of Intrinsix, VisiSonics business in 2023 and Hillcrest
Labs business, and investments in NB-IoT and
Immervision technologies

702

1,282

1,379

2,564

Costs associated with the Intrinsix and VisiSonics
business acquisitions

312

325

638

651

NRE revenues associated with the purchase price
allocation (PPA) related to Intrinsix acquisition

0

0

0

42

Total non-GAAP Operating Income (Loss)

$  (1,055)

$  4,634

$  (986)

$    10,141

Three months ended

Six months ended

Jun 30,

Jun 30,

2023

2022

2023

2022

Unaudited

Unaudited

Unaudited

Unaudited

GAAP Gross Profit

$  20,600

$  26,370

$  44,020

$  54,357

GAAP Gross Margin

79 %

79 %

80 %

80 %

Additional NRE revenues associated with the purchase
price allocation (PPA) related to Intrinsix acquisition

0

0

0

42

Equity-based compensation expense included in cost of
revenues

390

344

794

683

Amortization of intangible assets related to acquisition
of Intrinsix, acquisition of VisiSonics business in 2023,
and investments in NB-IoT and Immervision
technologies

386

532

734

1,064

Total Non-GAAP Gross profit

21,376

27,246

45,548

56,146

Non-GAAP Gross Margin

82 %

82 %

83 %

83 %