Bandwidth Engine, GigaChip and MoSys are registered trademarks of MoSys, Inc. in the US and/or other countries. LineSpeed and the MoSys logo are trademarks of MoSys, Inc. All other marks mentioned herein are the property of their respective owners.
| MOSYS, INC. | |||||||||||||||||
| CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS | |||||||||||||||||
| (In thousands, except per share amounts; unaudited) | |||||||||||||||||
| Three Months Ended | Nine Months Ended | ||||||||||||||||
| September 30, | September 30, | ||||||||||||||||
| 2015 | 2014 | 2015 | 2014 | ||||||||||||||
| Net Revenue | |||||||||||||||||
| Product | $ | 565 | $ | 437 | $ | 1,288 | $ | 1,993 | |||||||||
| Royalty and other | 457 | 716 | 1,504 | 2,241 | |||||||||||||
| Total net revenue | 1,022 | 1,153 | 2,792 | 4,234 | |||||||||||||
| Cost of Net Revenue | |||||||||||||||||
| Product and other | 793 | 447 | 1,593 | 2,046 | |||||||||||||
| Total cost of net revenue | 793 | 447 | 1,593 | 2,046 | |||||||||||||
| Gross Profit | 229 | 706 | 1,199 | 2,188 | |||||||||||||
| Operating Expenses | |||||||||||||||||
| Research and development | 8,793 | 7,507 | 21,475 | 20,993 | |||||||||||||
| Selling, general and administrative | 1,547 | 1,689 | 4,711 | 4,976 | |||||||||||||
| Total operating expenses | 10,340 | 9,196 | 26,186 | 25,969 | |||||||||||||
| Loss from operations | (10,111 | ) | (8,490 | ) | (24,987 | ) | (23,781 | ) | |||||||||
| Other income, net | 19 | 30 | 71 | 115 | |||||||||||||
| Loss before income taxes | (10,092 | ) | (8,460 | ) | (24,916 | ) | (23,666 | ) | |||||||||
| Income tax provision | 13 | 23 | 60 | 65 | |||||||||||||
| Net loss | $ | (10,105 | ) | $ | (8,483 | ) | $ | (24,976 | ) | $ | (23,731 | ) | |||||
| Net loss per share | |||||||||||||||||
| Basic and diluted | $ | (0.15 | ) | ($0.17 | ) | ($0.41 | ) | ($0.48 | ) | ||||||||
| Shares used in computing net loss per share | |||||||||||||||||
| Basic and diluted | 65,317 | 49,634 | 61,486 | 49,441 | |||||||||||||
