Company: AIP
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001667011-25-000029
Chunk: 276

Company: Arteris, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 8
Chunk 276
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8,825 9,150 Total operating expenses23,008 20,558 45,722 41,171 Loss from operations(8,248)(7,441)(15,956)(16,575)Interest expense(42)(68)(90)(144)Other income (expense), net786 865 1,504 1,801 Loss before income taxes and loss from equity method investment(7,504)(6,644)(14,542)(14,918)Loss from equity method investment, net of tax780 725 1,595 1,484 Provision for income taxes846 975 1,114 1,345 Net loss$(9,130)$(8,344)$(17,251)$(17,747)

(1)Includes stock-based compensation expense as follows: 

Three Months EndedSix Months EndedJune 30,June 30,2025202420252024(in thousands)Cost of revenue$232 $186 $437 $375 Research and development1,926 1,788 3,898 3,396 Sales and marketing1,048 657 2,017 1,380 General and administrative1,291 1,129 2,457 2,266 Total stock-based compensation$4,497 $3,760 $8,809 $7,417 

28

The following table summarizes our results of operations as a percentage of total revenue for each of the periods indicated:

Three Months EndedSix Months EndedJune 30,June 30,2025202420252024(as a percentage of total revenue)Total revenue100 %100 %100 %100 %Cost of revenue11 10 10 11 Gross profit89 90 90 89 Operating expenses:Research and development74 74 73 78 Sales and marketing38 34 39 38 General and administrative27 33 27 33 Total operating expenses139 141 139 149 Loss from operations(50)(51)(49)(60)Interest expense— — — (1)Other income (expense), net5 6 5 7 Loss before income taxes and loss from equity method investment(45)(45)(44)(54)Loss from equity method investment, net of tax5 5 5 5 Provision for income taxes5 7 3 5