Xperi Inc
For the period ended Dec 31, 2023. Filed Mar 1, 2024.
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FY2023 · Filed Mar 1, 2024
XPER$5.83+2.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(in thousands, except per share amounts)
| Year Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Revenue | $521,334 | $502,260 | $486,483 |
| Operating expenses: | |||
| Cost of revenue, excluding depreciation and amortization of intangible assets | 118,628 | 122,946 | 125,626 |
| Research and development | 222,833 | 216,355 | 194,869 |
| Selling, general and administrative | 233,403 | 217,402 | 199,921 |
| Depreciation expense | 16,645 | 20,501 | 22,584 |
| Amortization expense | 57,752 | 62,209 | 105,311 |
| Goodwill impairment | — | 604,555 | — |
| Impairment of long-lived assets | 1,710 | 7,724 | — |
| Total operating expenses | 650,971 | 1,251,692 | 648,311 |
| Operating loss | (129,637) | (749,432) | (161,828) |
| Other (expense) income, net | (9) | 1,815 | 1,590 |
| Loss before taxes | (129,646) | (747,617) | (160,238) |
| Provision for income taxes | 10,042 | 13,589 | 18,840 |
| Net loss | (139,688) | (761,206) | (179,078) |
| Less: net loss attributable to noncontrolling interest | (3,075) | (3,722) | (3,456) |
| Net loss attributable to the Company | $(136,613) | $(757,484) | $(175,622) |
| Net loss per share attributable to the Company - basic and diluted | $(3.18) | $(18.02) | $(4.18) |
| Weighted-average number of shares used in net loss per share calculations - basic and diluted | 43,012 | 42,029 | 42,024 |
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