The following table provides a reconciliation of projected Adjusted EBITDA to projected net loss, the most comparable GAAP financial measure:
| (Unaudited) | ||||||||||||||||
|
Three Months Ending
June 30, 2020 |
Year Ending
December 31, 2020 | |||||||||||||||
| (in thousands) | Low | High | Low | High | ||||||||||||
| Net loss | $ | (9,300 | ) | $ | (7,200 | ) | $ | (18,300 | ) | $ | (14,800 | ) | ||||
| Income tax (benefit) expense | (1,800 | ) | (900 | ) | 800 | 2,300 | ||||||||||
| Stock-based compensation expense | 4,100 | 4,100 | 15,500 | 15,500 | ||||||||||||
| Interest expense | 2,800 | 2,800 | 11,400 | 11,400 | ||||||||||||
| Depreciation and amortization | 5,600 | 5,600 | 22,400 | 22,400 | ||||||||||||
| Interest income and other non-recurring adjustments | (400 | ) | (400 | ) | (1,800 | ) | (1,800 | ) | ||||||||
| Adjusted EBITDA | $ | 1,000 | $ | 4,000 | $ | 30,000 | $ | 35,000 | ||||||||
