PDF SOLUTIONS, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
(In thousands, except per share amounts)
| Three months ended | Six months ended | |||||||||||||||||||
| June 30, | March 31, | June 30, | June 30, | June 30, | ||||||||||||||||
| 2023 | 2023 | 2022 | 2023 | 2022 | ||||||||||||||||
| Revenues: | ||||||||||||||||||||
| Analytics | $ | 37,134 | $ | 36,326 | $ | 31,117 | $ | 73,460 | $ | 61,543 | ||||||||||
| Integrated yield ramp | 4,467 | 4,433 | 3,551 | 8,900 | 6,623 | |||||||||||||||
| Total revenues | 41,601 | 40,759 | 34,668 | 82,360 | 68,166 | |||||||||||||||
| Costs and Expenses: | ||||||||||||||||||||
| Costs of revenues | 12,369 | 11,904 | 12,042 | 24,273 | 23,571 | |||||||||||||||
| Research and development | 12,264 | 13,051 | 13,374 | 25,315 | 27,463 | |||||||||||||||
| Selling, general, and administrative | 14,766 | 15,645 | 9,770 | 30,411 | 20,609 | |||||||||||||||
| Amortization of acquired intangible assets | 326 | 325 | 314 | 651 | 628 | |||||||||||||||
| Interest and other expense (income), net | (1,071 | ) | (911 | ) | (991 | ) | (1,982 | ) | (1,301 | ) | ||||||||||
| Income (loss) before income tax expense (benefit) | 2,947 | 745 | 159 | 3,692 | (2,804 | ) | ||||||||||||||
| Income tax expense (benefit) | (3,888 | ) | 390 | 1,306 | (3,498 | ) | 2,493 | |||||||||||||
| Net income (loss) | $ | 6,835 | $ | 355 | $ | (1,147 | ) | $ | 7,190 | $ | (5,297 | ) | ||||||||
| Net income (loss) per share: | ||||||||||||||||||||
| Basic | $ | 0.18 | $ | 0.01 | $ | (0.03 | ) | $ | 0.19 | $ | (0.14 | ) | ||||||||
| Diluted | $ | 0.17 | $ | 0.01 | $ | (0.03 | ) | $ | 0.18 | $ | (0.14 | ) | ||||||||
| Weighted average common shares used to calculate net income (loss) per share: | ||||||||||||||||||||
| Basic | 37,859 | 37,737 | 37,028 | 37,799 | 37,316 | |||||||||||||||
| Diluted | 39,076 | 38,859 | 37,028 | 38,968 | 37,316 | |||||||||||||||
