The following table provides a reconciliation of projected Non-GAAP net income to projected net loss, the most comparable GAAP financial measure:
| (Unaudited) | |||||||||||||||
|
Three Months Ending
September 30, 2023 |
Year Ending
December 31, 2023 | ||||||||||||||
| (in thousands) | Low | High | Low | High | |||||||||||
| Net loss | $ | (22,800 | ) | $ | (20,900 | ) | $ | (15,300 | ) | $ | (5,600 | ) | |||
| Stock-based compensation expense | 18,200 | 18,200 | 82,200 | 82,200 | |||||||||||
| Amortization of intangible assets | 7,600 | 7,600 | 30,400 | 30,400 | |||||||||||
| Non-cash interest expense | 500 | 500 | 1,800 | 1,800 | |||||||||||
| Impact of non-GAAP tax rate(1) | (600 | ) | (1,000 | ) | (14,100 | ) | (16,400 | ) | |||||||
| Special adjustments and other(2) | — | — | 4,900 | 4,900 | |||||||||||
| Non-GAAP net income | $ | 2,900 | $ | 4,400 | $ | 89,900 | $ | 97,300 | |||||||
