nLIGHT at a Glance
GAAP to Non-GAAP Reconciliation | Operating Expenses
nLight, Inc.
(in thousands, except per share data)
Non-GAAP adjustments:
Stock-based compensation in R&D
2018
2019
2020
2021
2022
01
Q2
Q3
Q4
GAAP research and development ("R&D") expense
$
4,283 $
4,898 $
5,475 $
6,398 $
Totals
21,054 $
Q1
02
Q3
Q4
6.422 $ 6,494 $
6,402 $
8,819 $
Totals
28,137 $
Q1
Q2
Q3
Q4
8,538 $
9,472 $
11,126 $
Totals
12,028 $ 41,164 $
Q1
Q2
Q3
Q4
Totals
Q1
Q2
Totals
11,710 $
14,282 $
14,838 $
13,984 $
54,814 $
13,711 $
13,788 $
27,499
(25)
(200)
(513)
(555)
(1,293)
(558)
(711)
(424)
Amortization of purchased intangibles
Non-GAAP R&D expense
S
4,258 $
4,698 $
4,962 S
5,843 $
19.761 S
5,864 S 5,783 $
5,978 $
(1,606)
(3,299)
(328)
(328)
6.885 $ 24,510 $
(1,782)
(656)
6,100 $
(2,275)
(656)
6,541 $
(2,545)
(696)
7,885 $
(3,101)
(9,703)
(716) (2,724)
(2,918)
(717)
8,211 $ 28,737 $ 8,075
(3,708)
(718)
9,856 $ 10,338
(3,782)
(718)
(3,025)
(518)
10,441 $ 38,710 $
(13,433)
(2,671)
(3,122)
(472)
10,116 $
(3,117)
(407)
10.264 $ 20,380
(6,239)
(879)
GAAP selling, general and administrative ("SG&A") expense
6,239
7,232
7,483
7,890
28,844
8,144
8,572
7,257
10,139
34,111
7,700
9,633
10,010
11,905
39,248
11,714
15.057
13,316
12,623
52,710
10,775
11,914
22,689
Non-GAAP adjustments:
Stock-based compensation in SG&A
(115)
(544)
(1,207)
(1,190)
(3,056)
(1,142)
(1,403)
(315)
(2,370)
Acqusition and integration-related costs
(470)
(5,230)
(470)
(1,636)
(3,423)
(3,633)
(5,448)
Non-GAAP SG&A expense
$
6,124 $
6,688 $ 6,276 $
6,700 $ 25,788 $
7,002 $
7,169 $
6,942 $
7,299 $
(50.00)
28,411 $ 6,014 $
(14,140)
(50)
(4,645)
6,210 $
6,377 $
6,457 $ 25,058 $ 7,069 $
(7,349)
7,708 $
(5,550)
(4,238)
(21,782)
(2,722)
(2,879) (5,601)
7,766 $ 8,385 $
30,928 $
8,053 $ 9,035 $ 17,088
NLIGHT
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