Rambus Inc.
Supplemental Reconciliation of GAAP to Non-GAAP Results
(In thousands)
(Unaudited)

Three Months Ended June 30,

2020

2019

Total operating expenses

$

56,246

$

82,316

Adjustments:

Stock-based compensation expense

(6,707)

(7,080)

Acquisition-related costs and retention bonus expense

(1,577)

—

Amortization of acquired intangible assets

(248)

(1,114)

Restructuring charges

—

(2,528)

Impairment of assets held for sale

—

(16,990)

Escrow settlement refund

—

296

Non-GAAP total operating expenses

$

47,714

$

54,900

Interest and other income (expense), net

$

2,017

$

4,438

Adjustments:

Interest income related to significant financing component from fixed-fee patent and technology licensing arrangements

(3,697)

(5,288)

Non-cash interest expense on convertible notes

1,798

1,702

Non-GAAP interest and other income (expense), net

$

118

$

852

Rambus Inc.
Reconciliation of GAAP Forward Looking Estimates to Non-GAAP Forward Looking Estimates
(In millions)
(Unaudited)

2020 Third Quarter Outlook

Three Months Ended
September 30, 2020

Low

High

Forward-looking operating costs and expenses

$

75.6

$

71.6

Adjustments:

Stock-based compensation expense

(7.0)

(7.0)

Amortization of acquired intangible assets

(4.5)

(4.5)

Forward-looking Non-GAAP operating costs and expenses

$

64.1

$

60.1

Forward-looking interest and other income (expense), net

$

1.5

$

1.5

Adjustments:

Interest income related to significant financing component from fixed-fee patent and technology licensing arrangements

(3.3)

(3.3)

Non-cash interest expense on convertible notes

1.8

1.8

Forward-looking Non-GAAP interest and other income (expense), net

$

0.0

$

0.0