MoSys, Inc. Reports Second Quarter 2008 Financial Results


MOSYS, INC.
Reconciliation of GAAP to Non-GAAP Net Loss and Net Loss Per Share
(In thousands, except per share amounts; unaudited)

	Three Months Ended						Six Months Ended
	June 30,						June 30,
		2008			2007			2008			2007

GAAP net loss	$	(4,590	)	$	(146	)	$	(8,874	)	$	(1,115	)
Stock-based compensation expense
- Cost of net revenue		151			122			231			222
- Research and development		356			279			729			529
- Selling, general and administrative		826			517			1,639			929
Total stock-based compensation expense		1,333			918			2,599			1,680

Amortization of acquired intangible assets		197			-			394			-

Non-GAAP net income (loss)	$	(3,060	)	$	772		$	(5,881	)	$	565

GAAP net loss per share		($0.14	)		($0.00	)		($0.28	)		($0.04	)
Reconciling items
- Stock-based compensation expense		0.04			0.03			0.08			0.06
- Amortization of acquired intangible assets		(0.00	)		-			0.01			-

Non-GAAP net income (loss) per share: Basic and diluted		($0.10	)	$	0.03			($0.19	)	$	0.02

Shares used in computing non-GAAP net income (loss) per share
Basic		31,703			31,945			31,690			31,820
Diluted		31,703			32,882			31,690			32,751