About MoSys, Inc.
MoSys, Inc. (NASDAQ: MOSY) develops serial chip-to-chip communications solutions that deliver unparalleled bandwidth performance for next generation networking systems and advanced system-on-chip (SoC) designs. MoSys’ IP portfolio includes DDR3 PHYs and SerDes IP that support data rates from 1 - 11 Gigabits per second (Gbps) across a variety of standards. In addition, MoSys offers its flagship, patented 1T-SRAM® and 1T-Flash® memory cores, which offer a combination of high-density, low power consumption, high speed and low cost advantages for high-performance networking, computing, storage and consumer/graphics applications. MoSys IP is production-proven in more than 225 million devices. MoSys is headquartered in Sunnyvale, California. More information is available on MoSys' website at www.mosys.com.
MoSys, 1T-SRAM and 1T-Flash are registered trademarks of MoSys, Inc. The MoSys logo and Bandwidth Engine is a trademark of MoSys, Inc. All other trademarks mentioned herein are the intellectual property of their respective owners.
|CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS|
|(In thousands, except per share amounts; unaudited)|
|Three Months Ended||Twelve Months Ended|
|December 31,||December 31,|
|Total net revenue||3,543||3,960||11,458||14,026|
|Cost of Net Revenue|
|Total cost of net revenue||720||641||1,993||2,797|
|Research and development||5,148||4,156||18,145||17,206|
|Selling, general and administrative||2,521||3,058||9,207||12,006|
|Impairment of intangible assets||-||1,379||-||1,379|
|Total operating expenses||8,157||9,927||29,468||31,925|
|Loss from operations||(5,334||)||(6,608||)||(20,003||)||(20,696||)|
|Other income, net||251||217||744||2,243|
|Loss before income taxes||(5,083||)||(6,391||)||(19,259||)||(18,453||)|
|Provision for income taxes||191||(21||)||155||(132||)|
|Net loss per share|
|Basic and diluted||($0.16||)||($0.20||)||($0.61||)||($0.59||)|
|Shares used in computing net loss per share|
|Basic and diluted||31,219||31,623||31,238||31,698|
(1) Financial statements have been revised to reflect immaterial increases in stock-based compensation resulting from calculation errors in the third-party stock administration software used by the Company.