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8-K
ATRICURE, INC. filed this Form 8-K on 02/28/2019
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ATRICURE, INC. AND SUBSIDIARIES

RECONCILIATION OF GAAP RESULTS TO NON-GAAP RESULTS

(In Thousands)

(Unaudited)



 

 

 

 

 

 

 

 

 

 

 

 

Reconciliation of Non-GAAP Adjusted Income (Loss) (Adjusted EBITDA)

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

Three Months Ended December 31,

 

Twelve Months Ended December 31,



 

2018

 

2017

 

2018

 

2017

Net loss, as reported

 

$

(3,430)

 

$

(2,580)

 

$

(21,137)

 

$

(26,892)

Income tax expense (benefit)

 

 

79 

 

 

(52)

 

 

226 

 

 

14 

Other expense, net

 

 

744 

 

 

497 

 

 

3,784 

 

 

1,899 

Depreciation and amortization expense

 

 

2,223 

 

 

2,271 

 

 

8,754 

 

 

9,128 

Share-based compensation expense

 

 

4,829 

 

 

3,668 

 

 

16,495 

 

 

14,615 

Contingent consideration adjustment

 

 

(4,129)

 

 

(4,078)

 

 

(10,825)

 

 

(4,078)

Non-GAAP adjusted income (loss) (adjusted EBITDA)

 

$

316 

 

$

(274)

 

$

(2,703)

 

$

(5,314)











 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

Reconciliation of Non-GAAP Adjusted Loss Per Share

 

 

 

 

 

 

 

 

 

 

 

 



 

Three Months Ended December 31,

 

Twelve Months Ended December 31,



 

2018

 

2017

 

2018

 

2017

Net loss, as reported

 

$

(3,430)

 

$

(2,580)

 

$

(21,137)

 

$

(26,892)

Contingent consideration adjustment

 

 

(4,129)

 

 

(4,078)

 

 

(10,825)

 

 

(4,078)

Net loss excluding contingent consideration adjustment

 

$

(7,559)

 

$

(6,658)

 

$

(31,962)

 

$

(30,970)

Basic and diluted adjusted net loss per share

 

$

(0.21)

 

$

(0.20)

 

$

(0.94)

 

$

(0.96)

Weighted average shares used in computing adjusted net loss per share

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted

 

 

36,480 

 

 

32,654 

 

 

34,087 

 

 

32,387