MoSys, Inc. Reports Third Quarter 2013 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						Nine Months Ended
	September 30,						September 30,
	2013			2012			2013			2012

GAAP net loss	$	(6,945	)	$	(6,073	)	$	(18,338	)	$	(19,841	)
Stock-based compensation expense
-Cost of net revenue		-			3			7			49
-Research and development		614			608			1,924			2,104
-Selling, general and administrative		337			317			869			838
Total stock-based compensation expense		951			928			2,800			2,991

Amortization of intangible assets		250			250			750			1,496

Non-GAAP net loss	$	(5,744	)	$	(4,895	)	$	(14,788	)	$	(15,354	)

GAAP net loss per share	$	(0.14	)	$	(0.15	)	$	(0.42	)	$	(0.51	)
Reconciling items
-Stock-based compensation expense		0.01			0.02			0.07			0.08
-Amortization of intangible assets		0.01			0.01			0.02			0.04

Non-GAAP net loss per share: basic and diluted	$	(0.12	)	$	(0.12	)	$	(0.33	)	$	(0.39	)

Shares used in computing non-GAAP net loss per share
Basic and diluted		48,164			39,299			44,173			38,919