Unaudited Reconciliation of GAAP to Non-GAAP Financial Measures U.S. Dollars in thousands, except per share amounts | ||
|
| ||
|
| Three months ended | |
|
| March 31, | |
|
| 2024 | 2023 |
|
| Unaudited | Unaudited |
GAAP net loss | $ (5,448) | $ (4,872) |
Equity-based compensation expense included in cost of revenues | 203 | 206 |
Equity-based compensation expense included in research and development expenses | 2,007 | 2,102 |
Equity-based compensation expense included in sales and marketing expenses | 365 | 378 |
Equity-based compensation expense included in general and administrative expenses | 996 | 866 |
Amortization of intangible assets | 278 | 224 |
Costs associated with business acquisition | 280 | - |
loss associated with the remeasurement of marketable equity securities. | 60 | 117 |
Non-GAAP from discontinued operation | - | 1,086 |
Non-GAAP net income (loss) | $ (1,259) | $ 107 |
GAAP weighted-average number of Common Stock used in computation of diluted net loss and loss per share (in thousands) | 23,508 | 23,334 |
Weighted-average number of shares related to outstanding stock-based awards (in thousands) | - | 1,021 |
Weighted-average number of Common Stock used in computation of diluted net income (loss) per share, excluding the above (in thousands) | 23,508 | 24,355 |
|
|
|
|
GAAP diluted loss per share | $ (0.23) | $ (0.21) |
Equity-based compensation expense | $ 0.15 | $ 0.15 |
Amortization of intangible assets | $ 0.01 | $ 0.01 |
Costs associated with business acquisition | $ 0.01 | - |
Income associated with the remeasurement of marketable equity securities. | $ 0.01 | $ 0.01 |
Non-GAAP from discontinued operation | - | $ 0.04 |
Non-GAAP diluted income (loss) per share | $ (0.05) | $ 0.00 |
|
|
|
|
|
|
|
|
|
| Three months ended | |
|
| March 31, | |
|
| 2024 | 2023 |
|
| Unaudited | Unaudited |
GAAP Operating loss | $ (4,960) | $ (2,620) |
| Equity-based compensation expense included in cost of revenues | 203 | 206 |
| Equity-based compensation expense included in research and development expenses | 2,007 | 2,102 |
| Equity-based compensation expense included in sales and marketing expenses | 365 | 378 |
| Equity-based compensation expense included in general and administrative expenses | 996 | 866 |
| Amortization of intangible assets | 278 | 224 |
| Costs associated with business acquisition | 280 | - |
| Total non-GAAP Operating Income (loss) | $ (831) | $ 1,156 |
|
| ||
|
| ||
|
| Three months ended | |
|
| March 31, | |
|
| 2024 | 2023 |
|
| Unaudited | Unaudited |
|
|
|
|
| GAAP Gross Profit | $ 19,569 | $ 22,754 |
| GAAP Gross Margin | 89 % | 87 % |
|
|
|
|
| Equity-based compensation expense included in cost of revenues | 203 | 206 |
| Amortization of intangible assets | 128 | 70 |
| Total Non-GAAP Gross profit | 19,900 | 23,030 |
| Non-GAAP Gross Margin | 90 % | 88 % |
|
Ceva, Inc. Announces First Quarter 2024 Financial Results
|
|
||||||
|
|
|||||||
|
|||||||
