Unaudited Reconciliation of GAAP to Non-GAAP Financial Measures U.S. Dollars in thousands, except per share amounts | ||||
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| Three months ended | Six months ended | ||
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| June 30, | June 30, | ||
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| 2024 | 2023 | 2024 | 2023 |
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| Unaudited | Unaudited | Unaudited | Unaudited |
GAAP net loss | $ (291) | $ (5,818) | $ (5,739) | $ (10,690) |
Equity-based compensation expense included in cost of
| 191 | 214 | 394 | 420 |
Equity-based compensation expense included in research
| 2,438 | 2,344 | 4,445 | 4,446 |
Equity-based compensation expense included in sales
| 451 | 449 | 816 | 827 |
Equity-based compensation expense included in general
| 820 | 903 | 1,816 | 1,769 |
Amortization of intangible assets related to acquisition
| 278 | 251 | 556 | 475 |
Costs associated with business and asset acquisitions | 252 | 95 | 532 | 95 |
Loss associated with the remeasurement of marketable
| 58 | 119 | 118 | 236 |
Non-GAAP from discontinued operations | 0 | 963 | 0 | 2,049 |
Non-GAAP net income (loss) | $ 4,197 | $ (480) | $ 2,938 | $ (373) |
GAAP weighted-average number of Common Stock
| 23,628 | 23,476 | 23,568 | 23,405 |
Weighted-average number of shares related to
| 1,482 | — | 1,421 | — |
Weighted-average number of Common Stock used in
| 25,110 | 23,476 | 24,989 | 23,405 |
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GAAP diluted loss per share | $ (0.01) | $ (0.25) | $ (0.24) | $ (0.46) |
| Equity-based compensation expense | $ 0.16 | $ 0.17 | $ 0.32 | $ 0.32 |
| Amortization of intangible assets related to acquisition
| $ 0.01 | $ 0.01 | $ 0.02 | $ 0.02 |
| Costs associated with business and asset acquisitions | $ 0.01 | $ 0.00 | $ 0.02 | $ 0.00 |
| Loss associated with the remeasurement of marketable
| $ 0.00 | $ 0.01 | $ 0.00 | $ 0.01 |
| Non-GAAP from discontinued operation | — | $ 0.04 | — | $ 0.09 |
| Non-GAAP diluted earnings (loss) per share | $ 0.17 | $ (0.02) | $ 0.12 | $ (0.02) |
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Ceva, Inc. Announces Second Quarter 2024 Financial Results
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