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WIRELESS RONIN TECHNOLOGIES, INC.2012 SUPPLEMENTARY QUARTERLY FINANCIAL DATA(In thousands, except percentages and per share amounts)(Unaudited)Supplementary Data 2011 -------------------------------------------Statement of Operations Q1 Q2 Q3 Q4 TOTAL ------- ------- ------- ------- -------Sales $ 2,397 $ 3,054 $ 2,301 $ 1,522 $ 9,274Cost of sales - exclusive of depreciation and amortization 1,304 1,662 1,166 1,076 5,208Operating expenses 3,350 2,824 2,509 2,095 10,778Interest expense 11 7 6 6 30Other income, net (2) (1) - (1) (4) ------- ------- ------- ------- -------Net loss $(2,266) $(1,438) $(1,380) $(1,654) $(6,738) ======= ======= ======= ======= =======Share based payment expense 353 180 173 55 761(included in operating expenses & interest expense)Weighted average shares 3,855 3,879 3,899 4,050 3,920Reconciliation Between GAAP and Non-GAAP Operating LossGAAP operating loss $(2,257) $(1,432) $(1,374) $(1,649) $(6,712)Adjustments: Depreciation and amortization 144 122 111 90 467 Stock-based compensation expense 345 178 169 48 740 Severance - - - - - ------- ------- ------- ------- -------Total operating expense adjustment 489 300 280 138 1,207 ------- ------- ------- ------- -------Non-GAAP operating loss $(1,768) $(1,132) $(1,094) $(1,511) $(5,505) ======= ======= ======= ======= =======Non-GAAP operating loss per common share $ (0.46) $ (0.29) $ (0.28) $ (0.37) $ (1.40)Supplementary Data 2012 -------------------------------------------Statement of Operations Q1 Q2 Q3 Q4 TOTAL ------- ------- ------- ------- -------Sales $ 1,773 $ 1,557 $ 1,769 $ 1,605 $ 6,704Cost of sales - exclusive of depreciation and amortization 824 612 873 720 3,029Operating expenses 2,773 2,151 2,075 2,075 9,074Interest expense 5 1 1 1 8Other income, net (1) 0 0 0 (1) ------- ------- ------- ------- -------Net loss $(1,828) $(1,207) $(1,180) $(1,191) $(5,406) ======= ======= ======= ======= =======Share based payment expense 349 132 111 84 676(included in operating expenses & interest expense)Weighted average shares 4,603 4,626 4,685 4,992 4,732Reconciliation Between GAAP and Non-GAAP Operating LossGAAP operating loss $(1,824) $(1,206) $(1,179) $(1,190) $(5,399)Adjustments: Depreciation and amortization 80 75 68 63 286 Stock-based compensation expense 161 132 111 80 484 Severance 137 - - - 137 ------- ------- ------- ------- -------Total operating expense adjustment 378 207 179 143 907 ------- ------- ------- ------- -------Non-GAAP operating loss $(1,446) $ (999) $(1,000) $(1,047) $(4,492) ======= ======= ======= ======= =======Non-GAAP operating loss per common share $ (0.31) $ (0.22) $ (0.21) $ (0.21) $ (0.95)
