The following table provides a reconciliation of projected Non-GAAP net income to projected net (loss) income, the most comparable GAAP financial measure:
| (Unaudited) | ||||||||||||||||
|
Three Months Ending
September 30, 2024 |
Year Ending
December 31, 2024 | |||||||||||||||
| (in thousands) | Low | High | Low | High | ||||||||||||
| Net (loss) income | $ | (14,000 | ) | $ | (11,100 | ) | $ | 22,600 | $ | 30,300 | ||||||
| Stock-based compensation expense | 17,800 | 17,800 | 68,900 | 68,900 | ||||||||||||
| Amortization of intangible assets | 8,400 | 8,400 | 31,500 | 31,500 | ||||||||||||
| Non-cash interest expense | 300 | 300 | 1,500 | 1,500 | ||||||||||||
| Impact of non-GAAP tax rate(1) | 900 | 300 | (17,200 | ) | (18,900 | ) | ||||||||||
| Special adjustments and other(2) | — | — | 1,100 | 1,100 | ||||||||||||
| Non-GAAP net income | $ | 13,400 | $ | 15,700 | $ | 108,400 | $ | 114,400 | ||||||||
