The following table provides a reconciliation of projected Non-GAAP net income to projected net loss, the most comparable GAAP financial measure:
| (Unaudited) | ||||||||||||||||
|
Three Months Ending
December 31, 2022 |
Year Ending
December 31, 2022 | |||||||||||||||
| (in thousands) | Low | High | Low | High | ||||||||||||
| Net loss | $ | (15,000 | ) | $ | (12,100 | ) | $ | (70,300 | ) | $ | (67,400 | ) | ||||
| Stock-based compensation expense | 21,600 | 21,600 | 84,100 | 84,100 | ||||||||||||
| Amortization of intangible assets | 10,100 | 10,100 | 28,800 | 28,800 | ||||||||||||
| Non-cash interest expense | 400 | 400 | 1,800 | 1,800 | ||||||||||||
| Impact of non-GAAP tax rate | (1,600 | ) | (2,200 | ) | (3,500 | ) | (4,200 | ) | ||||||||
| Special adjustments and other(1) | — | — | 22,900 | 22,900 | ||||||||||||
| Non-GAAP net income | $ | 15,500 | $ | 17,800 | $ | 63,800 | $ | 66,000 | ||||||||
