RECONCILIATION OF GAAP NET INCOME (LOSS) TO NON-GAAP NET INCOME (UNAUDITED)
(In thousands, except per share amounts)
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| September 30, | June 30, | September 30, | September 30, | September 30, | |||||||||||||||
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2024
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2024
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2023
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2024
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2023
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| GAAP net income (loss) | $ | 2,206 | $ | 1,705 | $ | (4,972 | ) | $ | 3,518 | $ | 2,218 | ||||||||
| Adjustments to reconcile GAAP net income (loss) to non-GAAP net income: | |||||||||||||||||||
| Stock-based compensation expense | 6,730 | 5,700 | 5,999 | 18,540 | 15,561 | ||||||||||||||
| Amortization of acquired technology under costs of revenues | 584 | 584 | 574 | 1,752 | 1,680 | ||||||||||||||
| Amortization of other acquired intangible assets | 196 | 259 | 328 | 714 | 979 | ||||||||||||||
| Expenses of arbitration (1) | — | — | 226 | — | 2,525 | ||||||||||||||
| Acquisition-related costs (2) | — | — | 33 | — | 209 | ||||||||||||||
| Proceeds from the sale of previously written-off property and equipment | (55 | ) | — | (105 | ) | (55 | ) | (105 | ) | ||||||||||
| Tax impact of valuation allowance for deferred tax assets and reconciling items (3) | 262 | (1,159 | ) | 5,904 | (1,710 | ) | (314 | ) | |||||||||||
| Non-GAAP net income | $ | 9,923 | $ | 7,089 | $ | 7,987 | $ | 22,759 | $ | 22,753 | |||||||||
| GAAP net income (loss) per diluted share | $ | 0.06 | $ | 0.04 | $ | (0.13 | ) | $ | 0.09 | $ | 0.06 | ||||||||
| Non-GAAP net income per diluted share | $ | 0.25 | $ | 0.18 | $ | 0.20 | $ | 0.58 | $ | 0.58 | |||||||||
| Weighted average common shares used in GAAP net income (loss) per diluted share calculation | 39,105 | 38,925 | 38,187 | 39,028 | 38,977 | ||||||||||||||
| Weighted average common shares used in non-GAAP net income per diluted share calculation | 39,105 | 38,925 | 38,992 | 39,028 | 38,977 | ||||||||||||||
