MoSys, Inc. Reports Second Quarter 2012 Financial Results


MOSYS, INC.
Reconciliation of GAAP to Non-GAAP Net Loss and Net Loss Per Share
(In thousands, except per share amounts; unaudited)

		Three Months Ended						Six Months Ended
		June 30,						June 30,
			2012			2011			2012			2011

	GAAP net loss	$	(6,553	)	$	(5,652	)	$	(13,768	)	$	(11,681	)
	Stock-based compensation expense
	-Cost of net revenue		38			46			46			107
	-Research and development		730			507			1,496			810
	-Selling, general and administrative		252			291			521			636
	Total stock-based compensation expense		1,020			844			2,063			1,553

	Amortization of intangible assets		563			654			1,246			1,309

	Non-GAAP net loss	$	(4,970	)	$	(4,154	)	$	(10,459	)	$	(8,819	)

	GAAP net loss per share	$	(0.17	)	$	(0.15	)	$	(0.36	)	$	(0.31	)
	Reconciling items
	-Stock-based compensation expense		0.03			0.02			0.06			0.04
	-Amortization of intangible assets		0.01			0.02			0.03			0.03

	Non-GAAP net loss per share: Basic and diluted	$	(0.13	)	$	(0.11	)	$	(0.27	)	$	(0.24	)

	Shares used in computing non-GAAP net loss per share
	Basic and diluted		38,880			37,738			38,723			37,505