The following table provides a reconciliation of projected Non-GAAP net income to projected net income (loss), the most comparable GAAP financial measure:
| (Unaudited) | ||||||||||||||||
|
Three Months ending
March 31, 2020 |
Year Ending
December 31, 2020 | |||||||||||||||
| (in thousands) | Low | High | Low | High | ||||||||||||
| Net income (loss) | $ | 4,900 | $ | 6,300 | $ | (4,300 | ) | $ | (1,500 | ) | ||||||
| Stock-based compensation expense | 3,200 | 3,200 | 15,500 | 15,500 | ||||||||||||
| Amortization of intangible assets | 3,800 | 3,800 | 15,000 | 15,000 | ||||||||||||
| Income tax effect of non-GAAP adjustments | (400 | ) | (400 | ) | (1,500 | ) | (1,500 | ) | ||||||||
| Non-GAAP net income | $ | 11,500 | $ | 12,900 | $ | 24,700 | $ | 27,500 | ||||||||
The following table provides a reconciliation of projected Adjusted EBITDA to projected net income (loss), the most comparable GAAP financial measure:
