RECONCILIATION OF GAAP GROSS MARGIN TO NON-GAAP GROSS MARGIN (UNAUDITED)
(In thousands)
| Three months ended | ||||||||||
| March 31, | December 31, | March 31, | ||||||||
| 2023 | 2022 | 2022 | ||||||||
| GAAP | ||||||||||
| Total revenues | $ | 40,759 | $ | 40,523 | $ | 33,498 | ||||
| Costs of revenues | 11,904 | 11,791 | 11,529 | |||||||
| GAAP gross profit | $ | 28,855 | $ | 28,732 | $ | 21,969 | ||||
| GAAP gross margin | 71 | % | 71 | % | 66 | % | ||||
| Non-GAAP | ||||||||||
| GAAP gross profit | $ | 28,855 | $ | 28,732 | $ | 21,969 | ||||
| Adjustments to reconcile GAAP to non-GAAP gross margin: | ||||||||||
| Stock-based compensation expense | 964 | 737 | 728 | |||||||
| Amortization of acquired technology | 553 | 553 | 553 | |||||||
| Non-GAAP gross profit | $ | 30,372 | $ | 30,022 | $ | 23,250 | ||||
| Non-GAAP gross margin | 75 | % | 74 | % | 69 | % | ||||
