EX-99.2 3 d375152dex992.htm EX-99.2 EX-99.2

Exhibit 99.2

XPERI INC.

GAAP TO NON-GAAP RECONCILIATIONS

(in thousands)

(unaudited)

 

     Twelve Months Ended     Six Months Ended  
     December 31, 2021     June 30, 2022  

GAAP Loss before taxes

    $ (160,238 )    $ (50,993 ) 

Pro forma adjustments for transaction accounting

      (1,675 )      (837 ) 

Pro forma adjustments for autonomous entity

      1,020       510  

Pro forma other adjustments

      (3,000 )      (1,500 ) 

Interest expense

      3,000       1,500  

Other income

      (1,590 )      (226 ) 

Depreciation expense

      22,584       10,707  

Amortization expense

      105,311       29,553  

Merger and integration-related costs:

     

Transaction and other related costs recorded in selling, general and administrative

      —         2,058  

Restructuring and asset impairment costs recorded in selling, general and administrative

      (818 )      —    

Severance and retention recorded in cost of revenue, excluding depreciation and amortization of intangible assets

      849       106  

Severance and retention recorded in research, development and other

      2,681       97  

Severance and retention recorded in selling, general and administrative

      2,890       (35 ) 

Stock-based compensation expense:

     

Cost of revenue

      1,999       1,398  

Research, development and other

      17,914       10,780  

Selling, general and administrative

      22,873       11,501  
  

 

 

    

 

 

  

Non-GAAP Adjusted EBITDA

    $ 13,801     $ 14,619