Company: AIP
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001667011-25-000029
Chunk: 278

Company: Arteris, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 8
Chunk 278
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 driven by increased headcount to support growth of our business, including stock-based compensation expense and higher professional fees of $0.3 million.

Sales and marketing expenses

S&M expenses increased by $1.3 million, or 26%, to $6.3 million for the three months ended June 30, 2025 from $5.0 million for the three months ended June 30, 2024. The increase in S&M expenses was primarily due to higher employee-related costs of $1.2 million mainly driven by increased headcount to support growth of our business, including stock-based compensation expense.

General and administrative expenses

G&A expenses remained relatively flat for the three months ended June 30, 2025 compared to three months ended June 30, 2024.

Interest expense

Three Months Ended June 30,Change20252024$%(dollars in thousands)Interest expense$(42)$(68)$26 (38)%

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

Other income (expense), net

Three Months Ended June 30,Change20252024$%(dollars in thousands)Other income (expense), net$786 $865 $(79)(9)%

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

30

Loss from equity method investment

Three Months Ended June 30,Change20252024$%(dollars in thousands)Loss from equity method investment$780 $725 $55 8 %

Loss from equity method investment remained relatively flat for the three months ended June 30, 2025 compared to the three months ended June 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. If adequate funding is not obtained, an impairment charge may be recorded.

Provision for income taxes

Three Months Ended June 30,Change20252024$%(dollars in thousands)Provision for income taxes$846 $975 $(129)(13)%

The provision for income taxes was $0.8 million for the three months ended June 30, 2025 compared to $1.0 million for the three months ended June 30,