| XPLORE TECHNOLOGIES CORP. | ||||||||
| Adjusted EBITDA Reconciliation—Unaudited | ||||||||
| (in thousands) | ||||||||
|
Three Months Ended
September 30, |
||||||||
| 2016 | 2015 | |||||||
| Net loss | $ | (536 | ) | $ | 98 | |||
| Income taxes | — | — | ||||||
| Interest expense | 69 | 52 | ||||||
| Depreciation and amortization | 456 | 457 | ||||||
| Stock-based compensation expense | 127 | 492 | ||||||
| Cost of integration | — | 122 | ||||||
| ADJUSTED EBITDA | $ | 116 | $ | 1,221 | ||||
|
Six Months Ended
September 30, |
||||||||
| 2016 | 2015 | |||||||
| Net loss | $ | (2,283 | ) | $ | (146 | ) | ||
| Income taxes | 80 | — | ||||||
| Interest expense | 77 | 58 | ||||||
| Depreciation and amortization | 804 | 815 | ||||||
| Stock-based compensation expense | 302 | 1,099 | ||||||
| Cost of integration | — | 792 | ||||||
| ADJUSTED EBITDA | $ | (979 | ) | $ | 2,618 | |||
