Company: AIP
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001628280-25-048977
Chunk: 362

Company: Arteris, Inc.
Filing Date: 2025-11-04
Form: 10-Q
Item: Part I, Item 2
Chunk 362
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 to higher employee-related costs of $1.5 million mainly driven by increased headcount to support growth of our business and higher stock-based compensation expense.

General and administrative expenses

G&A expenses increased by $0.6 million, or 13%, to $4.9 million for the three months ended September 30, 2025 from $4.3 million for the three months ended September 30, 2024. The increase in G&A expenses was primarily due to higher employee-related costs of $0.3 million mainly driven by increased headcount to support growth of our business, including stock-based compensation expense and higher professional fees of $0.1 million.

Interest expense

Three Months Ended September 30,Change20252024$%(dollars in thousands)Interest expense$(49)$(55)$6 (11)%

Interest expense remained relatively flat for the three months ended September 30, 2025 compared to the three months ended September 30, 2024.

Other income (expense), net

Three Months Ended September 30,Change20252024$%(dollars in thousands)Other income (expense), net$636 $775 $(139)(18)%

Other income (expense), net remained relatively flat for the three months ended September 30, 2025 compared to the three months ended September 30, 2024.

29

Loss from equity method investment

Three Months Ended September 30,Change20252024$%(dollars in thousands)Loss from equity method investment$484 $580 $(96)(17)%

Loss from equity method investment remained relatively flat for the three months ended September 30, 2025 compared to the three months ended September 30, 2024. Such losses are expected to continue in the near future. Transchip's ability to continue its operations is dependent upon raising additional capital, which it is currently expected to be able to raise. 

Provision for (benefit from) income taxes

Three Months Ended September 30,Change20252024$%(dollars in thousands)Provision for (benefit from) income taxes$380 $(92)$472 (513)%

The provision for income taxes was an expense of $0.4 million for the three months ended September 30, 2025 compared to a benefit of $0.1 million for the three months ended September 30, 2024. The increase in our income tax expense was due to changes in current year foreign withholding taxes