RECONCILIATION OF GAAP NET INCOME (LOSS) TO NON-GAAP NET INCOME (UNAUDITED)
(In thousands, except per share amounts)
| Three months ended | |||||||||||
| March 31, | December 31, | March 31, | |||||||||
| 2023 | 2022 | 2022 | |||||||||
| GAAP net income (loss) | $ | 355 | $ | 483 | $ | (4,150 | ) | ||||
| Adjustments to reconcile GAAP net income (loss) to non-GAAP net income: | |||||||||||
| Stock-based compensation expense | 4,884 | 5,088 | 5,553 | ||||||||
| Amortization of acquired technology under costs of revenues | 553 | 553 | 553 | ||||||||
| Amortization of other acquired intangible assets | 325 | 324 | 314 | ||||||||
| Expenses of arbitration (1) | 2,133 | 852 | 451 | ||||||||
| Tax impact of valuation allowance for deferred tax assets and reconciling items (2) | (980 | ) | 98 | 937 | |||||||
| Non-GAAP net income | $ | 7,270 | $ | 7,398 | $ | 3,658 | |||||
| GAAP net income (loss) per diluted share | $ | 0.01 | $ | 0.01 | $ | (0.11 | ) | ||||
| Non-GAAP net income per diluted share | $ | 0.19 | $ | 0.19 | $ | 0.09 | |||||
| Weighted average common shares used in GAAP net income (loss) per diluted share calculation | 38,859 | 38,276 | 38,580 | ||||||||
| Weighted average common shares used in non-GAAP net income per diluted share calculation | 38,859 | 38,276 | 38,580 | ||||||||
