<SEC-DOCUMENT>0001157523-15-003702.txt : 20151104
<SEC-HEADER>0001157523-15-003702.hdr.sgml : 20151104
<ACCEPTANCE-DATETIME>20151104162104
ACCESSION NUMBER:		0001157523-15-003702
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20151104
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20151104
DATE AS OF CHANGE:		20151104

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MoSys, Inc.
		CENTRAL INDEX KEY:			0000890394
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				770291941
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-32929
		FILM NUMBER:		151197175

	BUSINESS ADDRESS:	
		STREET 1:		3301 OLCOTT STREET
		CITY:			SANTA CLARA
		STATE:			CA
		ZIP:			95054
		BUSINESS PHONE:		408 418 7500

	MAIL ADDRESS:	
		STREET 1:		3301 OLCOTT STREET
		CITY:			SANTA CLARA
		STATE:			CA
		ZIP:			95054

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MONOLITHIC SYSTEM TECHNOLOGY INC
		DATE OF NAME CHANGE:	19960613
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a51217435.htm
<DESCRIPTION>MOSYS, INC. 8-K
<TEXT>
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      <font style="font-size: 12pt; font-family: Times New Roman">UNITED STATES</font><font style="font-size: 12pt; font-family: Times New Roman"><br style="font-family: Times New Roman; font-size: 12pt"></font><font style="font-size: 12pt; font-family: Times New Roman">SECURITIES
      AND EXCHANGE COMMISSION</font><br><br><font style="font-size: 12pt; font-family: Times New Roman">Washington,
      D.C. 20549</font><br><br><font style="font-size: 12pt; font-family: Times New Roman"><b>Form
      8-K</b></font><br><br><font style="font-size: 12pt; font-family: Times New Roman"><b>Current
      Report</b></font><br><br><font style="font-size: 12pt; font-family: Times New Roman"><b>
      Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</b></font><br><br><font style="font-size: 12pt; font-family: Times New Roman">Date
      of Report (Date of earliest event reported): </font><font style="font-size: 12pt; font-family: Times New Roman"><b>November
      4, 2015</b></font><br><br><br><font style="font-size: 12pt; font-family: Times New Roman"><b>MoSys,
      Inc.</b></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-size: 12pt; font-family: Times New Roman">(Exact
      name of registrant as specified in its charter)</font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-size: 10pt"><b>000-32929</b></font><font style="font-size: 10pt"><br style="font-size: 10pt"></font><font style="font-size: 10pt">(Commission
      File Number)</font><font style="font-size: 10pt"><br style="font-size: 10pt"></font>
    </p>
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        <td valign="bottom" style="text-align: left; padding-left: 50.0px; width: 30%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Delaware</b>
          </p>
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: center; padding-left: 0.0px; width: 33%; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
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          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>77-0291941</b>
          </p>
        </td>
      </tr>
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        <td valign="bottom" style="text-align: left; padding-left: 0.0px; width: 30%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (State or other jurisdiction of<br>incorporation)
          </p>
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px; width: 33%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px; width: 37%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (I.R.S. Employer Identification No.)
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
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          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>3301 Olcott Street<br>Santa Clara, California 95054</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt">(Address
            of principal executive offices, with zip code)</font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <b>(408) 418-7500</b><br><font style="font-family: Times New Roman; font-size: 10pt">(Registrant&#8217;s
      telephone number, including area code)</font><br><br><br>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 10pt">Check the
      appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy</font><br><font style="font-family: Times New Roman; font-size: 10pt">the
      filing obligation of the registrant under any of the following
      provisions </font>(<i>see</i> General<br>Instruction A.2. below):<br>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <div style="margin-right: 0pt; width: 100%; text-indent: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>Item 2.02 Results of Operations and Financial Condition.</b>
    </p>
    <p style="text-align: justify">
      On November 4, 2015, MoSys, Inc., or the Company, issued a press release
      announcing its financial results for the three and nine months ended
      September 30, 2015.&#160;&#160;A copy of this press release is furnished as
      Exhibit 99.1 to this report. The press release should be read in
      conjunction with the statements regarding forward-looking statements,
      which are included in the text of the release.
    </p>
    <p>
      In addition to disclosing financial results calculated in accordance
      with U.S. generally accepted accounting principles (GAAP), management
      also presents information regarding the Company&#8217;s performance over
      comparable periods based on gross margin, operating expenses (research
      and development and sales, general and administrative), operating loss,
      net loss and net loss per share, exclusive of stock-based compensation
      and amortization of intangibles. Because management discloses financial
      measures calculated without taking into account these items, these
      financial measures are characterized as &quot;non-GAAP financial measures&quot;
      under Securities and Exchange Commission rules.&#160;&#160;
    </p>
    <p>
      Stock-based compensation charges represent non-cash charges related to
      equity awards granted by the Company. Although these are recurring
      charges to the Company&#8217;s operations, management believes the measurement
      of these amounts can vary considerably from period to period and depend
      substantially on factors that are not a direct consequence of operating
      performance that is within management&#8217;s control.&#160;&#160;Thus, management
      believes that excluding these charges facilitates comparisons of the
      Company&#8217;s operational performance in different periods, as well as with
      similarly determined non-GAAP financial measures of comparable
      companies.&#160;&#160;
    </p>
    <p>
      Amortization of intangible assets results from the value recorded for a
      license the Company retained to patents sold in 2011.&#160;&#160;The amortization
      does not represent operating expenses ordinarily incurred by the Company
      with respect to its primary business activities of selling integrated
      circuits.&#160;&#160;Thus, these charges are excluded from the Company&#8217;s non-GAAP
      financial measures to provide another basis for evaluating and comparing
      the Company&#8217;s performance for the three and nine months ended September
      30, 2015.
    </p>
    <p>
      Management and the Company&#8217;s board of directors will continue to analyze
      the Company's historical consolidated results of operations and
      comprehensive loss (revenue, gross margin, research and development
      expenses, selling, general and administrative expenses, operating loss,
      net loss and net loss per share), excluding stock-based compensation and
      charges for amortization of intangibles described above, to assess the
      business and compare operating results to the Company's performance
      objectives. For example, the Company's budgeting and planning process
      utilizes these non-GAAP financial measures, along with other types of
      financial information.
    </p>
    <p>
      The Company discloses these non-GAAP financial measures to the public as
      an additional means by which investors can assess the Company's
      performance and to identify the Company's operating results for
      investors on the same basis applied by management. The non-GAAP
      financial measures disclosed by the Company should not be considered a
      substitute for, or superior to, financial measures calculated in
      accordance with GAAP, and the financial results calculated in accordance
      with GAAP and reconciliations to those financial statements should be
      carefully evaluated. The non-GAAP financial measures used by the Company
      may be calculated differently from, and therefore may not be comparable
      to, similarly titled measures used by other companies. The Company has
      furnished reconciliations of the non-GAAP financial measures to the most
      directly comparable GAAP financial measures in the press release
      furnished as Exhibit 99.1.
    </p>
    <div style="margin-right: 0pt; width: 100%; text-indent: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
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        <div style="text-align: center">

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        </div>
      </div>
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        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p>
      Moreover, although these non-GAAP financial measures adjust expense,
      they should not be viewed as a pro forma presentation reflecting the
      elimination of the underlying share-based compensation programs, which
      are an important element of the Company's compensation structure. GAAP
      requires that all forms of share-based payments should be valued and
      included, as appropriate, in results of operations. Management believes
      these expenses are a material part of the Company's operating results.
    </p>
    <p style="text-align: justify">
      <b>Item 9.01 Financial Statements and Exhibits.</b>
    </p>
    <p style="text-align: justify">
      (d) Exhibits.
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-size: 10pt; font-family: Times New Roman; margin-bottom: 10.0px">
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          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Exhibit No.</b>
          </p>
        </td>
        <td valign="top" style="text-align: right; border-bottom-style: double; padding-left: 0.0px; width: 45%; border-bottom-color: black; border-bottom-width: 2.25pt">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Description</b>
          </p>
        </td>
        <td valign="top" style="text-align: right; padding-left: 0.0px; width: 40%; padding-bottom: 4.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
      </tr>
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        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="white-space: nowrap; text-align: left; padding-left: 0.0px; width: 15%; padding-right: 0.0px">
          99.1
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 45%">
          Press Release by MoSys, Inc. dated November 4, 2015.
        </td>
        <td style="width: 40%">

        </td>
      </tr>
    </table>
    </div>
    <div style="margin-right: 0pt; width: 100%; text-indent: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="white-space: nowrap; text-align: justify">

    </p>
    <p style="text-align: left">
      <font style="font-family: Times New Roman; font-size: 10pt"><b>SIGNATURES</b></font>
    </p>
    <p>
      <font style="font-family: Times New Roman; font-size: 10pt">Pursuant to
      the requirements of the Securities Exchange Act of 1934, the Registrant
      has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized. </font>
    </p>
    <p>
      <br>

    </p>
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    <table cellspacing="0" style="width: 100%; font-family: Times New Roman; font-size: 10pt; margin-bottom: 10.0px">
      <tr>
        <td colspan="2" valign="top" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>MOSYS, INC.</b>
          </p>
        </td>
        <td colspan="2" valign="top" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td colspan="2" valign="top" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 5%">
          Date:
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 45%">
          November 4, 2015
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 4%">
          By:
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 46%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>&#160;&#160;&#160;/s/ James W. Sullivan</u>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="width: 4%">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 46%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            James W. Sullivan
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="width: 4%">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 46%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Vice President of Finance and Chief Financial
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="width: 4%">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 46%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Officer
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: justify">

    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-size: 10pt; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td valign="top" style="text-align: left; border-bottom-style: double; padding-left: 0.0px; width: 16%; border-bottom-color: black; border-bottom-width: 2.25pt">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>EXHIBIT INDEX</b>
          </p>
        </td>
        <td style="width: 84%">

        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-size: 10pt; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td valign="top" style="text-align: left; border-bottom-style: double; padding-left: 0.0px; width: 15%; border-bottom-color: black; border-bottom-width: 2.25pt">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Exhibit No.</b>
          </p>
        </td>
        <td valign="top" style="text-align: right; border-bottom-style: double; padding-left: 0.0px; width: 45%; border-bottom-color: black; border-bottom-width: 2.25pt">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Description</b>
          </p>
        </td>
        <td style="width: 40%">

        </td>
      </tr>
      <tr>
        <td style="width: 15%">

        </td>
        <td style="width: 45%">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 40%">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="white-space: nowrap; text-align: left; padding-left: 0.0px; width: 15%; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            99.1
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 45%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Press Release by MoSys, Inc. dated November 4, 2015.
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 40%">

        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: justify; margin-left: 30.0px">

    </p>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51217435-ex991.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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    <title></title>
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    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>MoSys,
      Inc. Reports Third Quarter 2015 Financial Results</b></font>
    </p>
    <p style="text-align: center">
      <i><font style="font-size: 12pt; font-family: Times New Roman"><b>Achieved
      Record Quarter of New Design Wins</b></font></i>
    </p>
    <p>
      SANTA CLARA, Calif.--(BUSINESS WIRE)--November 4, 2015--MoSys, Inc.
      (NASDAQ: MOSY), a leader in semiconductor solutions that enable fast,
      intelligent data access for network and communications systems, today
      reported financial results for the third quarter ended September 30,
      2015.
    </p>
    <p>
      <b>Third Quarter and Recent Developments</b>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        Achieved record number of quarterly design wins, including additional
        wins with an existing Tier One customer and multiple new design wins
        with both new and existing Bandwidth Engine&#174; and LineSpeed&#8482; customers;
      </li>
      <li style="margin-bottom: 10.0px">
        Taped out Bandwidth Engine&#174; 3 and announced the first three devices in
        this new product family;
      </li>
      <li style="margin-bottom: 10.0px">
        Introduced the new LineSpeed Flex 100G PHY product family; and
      </li>
      <li style="margin-bottom: 10.0px">
        Ended the quarter with total cash and investments of $25.5 million.
      </li>
    </ul>
    <p>
      <b>Management Commentary</b>
    </p>
    <p>
      &quot;The third quarter was our best design win quarter to date, primarily
      driven by our Bandwidth Engine products,&quot; commented Len Perham,
      president and CEO of MoSys. &quot;These additional design wins with both new
      and existing customers expand the number of applications we serve, while
      broadening our customer base and increasing the scope of our market
      penetration. We now anticipate that we will exceed our corporate goal to
      double design wins year over year.
    </p>
    <p>
      &quot;Our product portfolio is also increasing. We taped out Bandwidth Engine
      3 in the quarter and recently announced the first three ICs in this new
      product family, including the MSRZ30 designed for use with the EZchip
      NPS-400 network processor. We also introduced a new family of LineSpeed
      Flex 100G PHY ICs comprised of five new devices and have customer
      engagements in process.&quot;
    </p>
    <p>
      Mr. Perham concluded, &quot;In summary, during the quarter, we achieved
      further progress by broadening our customer base, significantly
      increasing our design win count and introducing new products that will
      expand our market opportunities. The design wins secured in 2012 and
      2013 have begun to ramp into early production volumes. While production
      ramp rates can vary, we anticipate this upward trend will continue as we
      move into 2016. We remain encouraged by the total number of design wins
      secured in the quarter, as well as the high level of activity in our
      sales funnel. With a broader range of applications benefiting from our
      high-performance products and solutions, we are well positioned to
      achieve additional progress going forward.&quot;
    </p>
    <div style="margin-right: 0pt; width: 100%; text-indent: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>Third Quarter Results</b>
    </p>
    <p>
      Total net revenue for the third quarter of 2015 was $1.0 million,
      consistent with the previous quarter and compared with $1.1 million
      reported in the third quarter of 2014.
    </p>
    <p>
      Third quarter 2015 total revenue included product revenue of $0.6
      million as compared with $0.5 million in the second quarter of 2015 and
      $0.4 million in the year ago period. Royalty and other revenue for the
      third quarter of 2015 was $0.5 million, consistent with the previous
      quarter and compared with $0.7 million in the third quarter of 2014.
    </p>
    <p>
      Gross margin for the third quarter of 2015 was 22 percent, compared with
      43 percent in the second quarter of 2015 and 61 percent for the third
      quarter of 2014. The sequential decrease in gross margin was due
      primarily to a $0.2 million reserve recorded in the quarter to cost of
      goods sold for slow-moving Bandwidth Engine 1 inventory.
    </p>
    <p>
      Total operating expenses on a GAAP basis for the third quarter of 2015
      were $10.3 million, compared with $7.3 million in the previous quarter
      and $9.2 million for the third quarter of 2014. The sequential increase
      in operating expenses was primarily due to tape-out expenses for
      Bandwidth Engine 3 and LineSpeed products. The Company does not expect
      to incur additional tape-out expenses in 2015, but may incur additional
      tape-out expenses in 2016. Third quarter 2015 operating expenses
      included $0.8 million in amortization of intangible assets and
      stock-based compensation expense.
    </p>
    <p>
      GAAP net loss for the third quarter of 2015 was $10.1 million, or
      ($0.15) per share, compared with a net loss of $6.9 million, or ($0.11)
      per share, in the previous quarter and a net loss of $8.5 million, or
      ($0.17) per share, for the third quarter of 2014. Non-GAAP net loss for
      the third quarter of 2015 was $9.3 million, or ($0.14) per share, which
      excludes amortization of intangible assets and stock-based compensation
      expense. Earnings per share for the third quarter of 2015 were computed
      using approximately 65.3 million weighted shares on a GAAP and non-GAAP
      basis. A reconciliation of GAAP results to non-GAAP results is provided
      in the financial statement tables following the text of this press
      release.
    </p>
    <p>
      <b>Financial Results Webcast / Conference Call</b>
    </p>
    <p>
      MoSys will host a conference call and webcast with investors today at
      2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the third
      quarter financial results. Investors and other interested parties may
      access the call by dialing <b>1-855-779-0042 </b>in the U.S.
      (+1-631-485-4856 outside of the U.S.), and entering the pass code <b>60387256</b>
      at least 10 minutes prior to the start of the call. In addition, an
      audio webcast will be available through the MoSys Web site at <u>http://www.mosys.com</u>.
      A telephone replay will be available for two business days following the
      call at 1-855-859-2056 in the U.S. (+1-404-537-3406 outside of the
      U.S.), pass code of 60387256.
    </p>
    <div style="margin-right: 0pt; width: 100%; text-indent: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>Use of Non-GAAP Financial Measures</b>
    </p>
    <p>
      To supplement MoSys' consolidated financial statements presented in
      accordance with GAAP, MoSys uses non-GAAP financial measures that
      exclude from the statement of operations the effects of stock-based
      compensation and amortization of recorded intangible assets. MoSys'
      management believes that the presentation of these non-GAAP financial
      measures is useful to investors and other interested persons because
      they are one of the primary indicators that MoSys' management uses for
      planning and forecasting future performance. MoSys' management believes
      that the presentation of non-GAAP financial measures that exclude these
      items is useful to investors because management does not consider these
      charges part of the day-to-day business or reflective of the core
      operational activities of the company that are within the control of
      management or that would be used to evaluate management's operating
      performance.
    </p>
    <p>
      Investors are encouraged to review the reconciliation of these non-GAAP
      financial measures to the comparable GAAP results, which is provided in
      a table below the Condensed Consolidated Statements of Operations. The
      non-GAAP financial measures disclosed by the company should not be
      considered a substitute for, or superior to, financial measures
      calculated in accordance with GAAP, and the financial results calculated
      in accordance with GAAP and reconciliations to those financial
      statements should be carefully evaluated. The non-GAAP financial
      measures used by the company may be calculated differently from, and
      therefore may not be comparable to, similarly titled measures used by
      other companies. For additional information regarding these non-GAAP
      financial measures, and management's explanation of why it considers
      such measures to be useful, refer to the Form 8-K dated November 4,
      2015, that the company filed with the Securities and Exchange Commission.
    </p>
    <p>
      <b>Forward-Looking Statements</b>
    </p>
    <p>
      This press release may contain forward-looking statements about the
      company, including, without limitation, anticipated benefits and
      performance expected from our IC products and the company's future
      markets and future business prospects. Forward-looking statements are
      based on certain assumptions and expectations of future events that are
      subject to risks and uncertainties. Actual results and trends may differ
      materially from historical results or those projected in any such
      forward-looking statements depending on a variety of factors. These
      factors include, but are not limited, to the following:
    </p>
    <div style="margin-right: 0pt; width: 100%; text-indent: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <ul>
      <li style="margin-bottom: 10.0px">
        achieving additional IC design wins;
      </li>
      <li style="margin-bottom: 10.0px">
        commencing volume shipments of Bandwidth Engine ICs;
      </li>
      <li style="margin-bottom: 10.0px">
        the timing of customer orders and product shipments;
      </li>
      <li style="margin-bottom: 10.0px">
        our ability to enhance our existing proprietary technologies and
        develop new technologies;
      </li>
      <li style="margin-bottom: 10.0px">
        achieving necessary acceptance and adoption of our IC architecture and
        interface protocols by potential customers and their suppliers;
      </li>
      <li style="margin-bottom: 10.0px">
        difficulties and delays in the development, production, testing and
        marketing of our ICs;
      </li>
      <li style="margin-bottom: 10.0px">
        reliance on our manufacturing partners to assist successfully with the
        fabrication of our ICs;
      </li>
      <li style="margin-bottom: 10.0px">
        availability of quantities of ICs supplied by our manufacturing
        partners at a competitive cost;
      </li>
      <li style="margin-bottom: 10.0px">
        our lack of recent experience as a fabless semiconductor company
        making and selling proprietary ICs;
      </li>
      <li style="margin-bottom: 10.0px">
        level of intellectual property protection provided by our patents, the
        expenses and other consequences of litigation, including intellectual
        property infringement litigation, to which we may be or may become a
        party from time to time;
      </li>
      <li style="margin-bottom: 10.0px">
        vigor and growth of markets served by our customers and our
        operations; and
      </li>
      <li style="margin-bottom: 10.0px">
        raising additional capital to fund our ongoing cash requirements in
        2016; and
      </li>
    </ul>
    <p>
      other risks identified in the company's most recent report on Form 10-K
      filed with the Securities and Exchange Commission, as well as other
      reports that MoSys files from time to time with the Securities and
      Exchange Commission. MoSys undertakes no obligation to update publicly
      any forward-looking statement for any reason, except as required by law,
      even as new information becomes available or other events occur in the
      future.
    </p>
    <p>
      <b>About MoSys, Inc.</b>
    </p>
    <p>
      MoSys, Inc. (NASDAQ: MOSY) is a fabless semiconductor company enabling
      leading equipment manufacturers in the networking and communications
      systems markets to address the continual increase in Internet users,
      data and services. The company's solutions deliver data path
      connectivity, speed and intelligence while eliminating data access
      bottlenecks on line cards and systems scaling from 100G to
      multi-terabits per second. Engineered and built for high-reliability
      carrier and enterprise applications, MoSys' Bandwidth Engine&#174; and
      LineSpeed&#8482; IC product families are based on the company's patented
      high-performance, high-density intelligent access and high-speed serial
      interface technology, and utilize the company's highly efficient
      GigaChip&#174; Interface. MoSys is headquartered in Santa Clara, California.
      More information is available at <u>www.mosys.com</u>.
    </p>
    <p>
      <i>Bandwidth Engine, GigaChip and MoSys are registered trademarks of
      MoSys, Inc. in the US and/or other countries. LineSpeed and the MoSys
      logo are trademarks of MoSys, Inc. All other marks mentioned herein are
      the property of their respective owners.</i>
    </p>
    <div style="margin-right: 0pt; width: 100%; text-indent: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-size: 8pt; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td colspan="18" valign="top" style="text-align: center; padding-left: 0.0px">
          <b>MOSYS, INC.</b>
        </td>
      </tr>
      <tr>
        <td colspan="18" valign="top" style="text-align: center; padding-left: 0.0px">
          <b>CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS</b>
        </td>
      </tr>
      <tr>
        <td colspan="18" valign="top" style="text-align: center; padding-left: 0.0px">
          <b>(In thousands, except per share amounts; unaudited)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7" valign="top" style="white-space: nowrap; text-align: center; padding-left: 0.0px; padding-right: 0.0px">
          <b>Three Months Ended</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7" valign="top" style="white-space: nowrap; text-align: center; padding-left: 0.0px; padding-right: 0.0px">
          <b>Nine Months Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7" valign="top" style="white-space: nowrap; text-align: center; padding-left: 0.0px; padding-right: 0.0px">
          <b>September 30,</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7" valign="top" style="white-space: nowrap; text-align: center; padding-left: 0.0px; padding-right: 0.0px">
          <b>September 30,</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: center; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          <b>2015</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: center; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          <b>2014</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: center; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          <b>2015</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: center; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          <b>2014</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <b>Net Revenue</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 15.0px">
          Product
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          565
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          437
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,288
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,993
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 15.0px; padding-bottom: 2.0px">
          Royalty and other
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          457
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          716
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          1,504
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          2,241
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 30.0px">
          Total net revenue
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,022
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,153
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          2,792
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          4,234
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <b>Cost of Net Revenue</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 15.0px; padding-bottom: 2.0px">
          Product and other
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          793
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          447
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          1,593
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          2,046
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 30.0px">
          Total cost of net revenue
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          793
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          447
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,593
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          2,046
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <b>Gross Profit</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          229
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          706
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,199
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          2,188
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <b>Operating Expenses</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 15.0px">
          Research and development
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          8,793
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          7,507
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          21,475
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          20,993
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 15.0px; padding-bottom: 2.0px">
          Selling, general and administrative
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          1,547
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          1,689
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          4,711
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          4,976
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 30.0px">
          Total operating expenses
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          10,340
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          9,196
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          26,186
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          25,969
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 15.0px">
          Loss from operations
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (10,111
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (8,490
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (24,987
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (23,781
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 15.0px; padding-bottom: 2.0px">
          Other income, net
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          19
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          30
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          71
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          115
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 30.0px">
          Loss before income taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (10,092
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (8,460
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (24,916
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (23,666
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 15.0px; padding-bottom: 2.0px">
          Income tax provision
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          13
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          23
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          60
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          65
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px; padding-bottom: 4.0px">
          <b>Net loss</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          (10,105
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          )
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          (8,483
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          (24,976
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          )
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          (23,731
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <b>Net loss per share</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 15.0px">
          Basic and diluted
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (0.15
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          ($0.17
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          ($0.41
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          ($0.48
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <b>Shares used in computing net loss per share</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 15.0px">
          Basic and diluted
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          65,317
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          49,634
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          61,486
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          49,441
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-right: 0pt; width: 100%; text-indent: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-size: 8pt; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td colspan="8" valign="top" style="text-align: center; padding-left: 0.0px">
          <b>MOSYS, INC.</b>
        </td>
      </tr>
      <tr>
        <td colspan="8" valign="top" style="text-align: center; padding-left: 0.0px">
          <b>CONDENSED CONSOLIDATED BALANCE SHEETS</b>
        </td>
      </tr>
      <tr>
        <td colspan="8" valign="top" style="text-align: center; padding-left: 0.0px">
          <b>(in thousands, unaudited)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="top" style="white-space: nowrap; text-align: center; padding-left: 0.0px; padding-right: 0.0px">
          <b>September 30,</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="top" style="white-space: nowrap; text-align: center; padding-left: 0.0px; padding-right: 0.0px">
          <b>December 31,</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="white-space: nowrap; text-align: center; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          <b>2015</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td colspan="2" valign="bottom" style="white-space: nowrap; text-align: center; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          <b>2014</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <b>Assets</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 10.0px">
          Current assets:
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 30.0px">
          Cash, cash equivalents and investments
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          23,182
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          23,549
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 30.0px">
          Accounts receivable, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          426
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          177
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 30.0px">
          Inventories
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,264
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          881
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 30.0px; padding-bottom: 2.0px">
          Prepaid expenses and other
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          1,369
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          887
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 45.0px">
          Total current assets
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          26,241
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          25,494
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 15.0px">
          Long-term investments
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          2,269
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          2,245
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 15.0px">
          Property and equipment, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          860
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          854
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 15.0px">
          Goodwill
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          23,134
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          23,134
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 15.0px">
          Intangible assets, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          362
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          655
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 15.0px; padding-bottom: 2.0px">
          Other assets
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          394
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          244
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 45.0px; padding-bottom: 4.0px">
          Total assets
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          53,260
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          52,626
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Liabilities and Stockholders' Equity</b>
          </p>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 15.0px">
          Current liabilities:
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 30.0px">
          Accounts payable
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          378
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          495
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 30.0px; padding-bottom: 2.0px">
          Accrued expenses and other
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          2,057
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          2,350
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 45.0px">
          Total current liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          2,435
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          2,845
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 15.0px">
          Long-term liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          249
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          241
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 15.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Stockholders' equity
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          50,576
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          49,540
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td colspan="2" style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 45.0px; padding-bottom: 4.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Total liabilities and stockholders' equity
          </p>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          53,260
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          52,626
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-right: 0pt; width: 100%; text-indent: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-size: 8pt; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td colspan="18" valign="top" style="text-align: center; padding-left: 0.0px">
          <b>MOSYS, INC.</b>
        </td>
      </tr>
      <tr>
        <td colspan="18" valign="top" style="text-align: center; padding-left: 0.0px">
          <b>Reconciliation of GAAP to Non-GAAP Net Loss and Net Loss Per Share</b>
        </td>
      </tr>
      <tr>
        <td colspan="18" valign="top" style="text-align: center; padding-left: 0.0px">
          <b>(In thousands, except per share amounts; unaudited)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7" valign="top" style="white-space: nowrap; text-align: center; padding-left: 0.0px; padding-right: 0.0px">
          <b>Three Months Ended</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7" valign="top" style="white-space: nowrap; text-align: center; padding-left: 0.0px; padding-right: 0.0px">
          <b>Nine Months Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7" valign="top" style="white-space: nowrap; text-align: center; padding-left: 0.0px; padding-right: 0.0px">
          <b>September 30,</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7" valign="top" style="white-space: nowrap; text-align: center; padding-left: 0.0px; padding-right: 0.0px">
          <b>September 30,</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: center; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          <b>2015</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: center; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          <b>2014</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: center; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          <b>2015</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: center; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          <b>2014</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <b>GAAP net loss</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (10,105
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (8,483
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (24,976
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (23,731
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 15.0px">
          Stock-based compensation expense
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px">
          -Research and development
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          590
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          786
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          2,151
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          2,653
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; padding-bottom: 2.0px">
          -Selling, general and administrative
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          230
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          288
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          713
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          943
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 30.0px">
          Total stock-based compensation expense
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          820
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          1,074
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          2,864
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          3,596
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 10.0px; padding-bottom: 2.0px">
          Amortization of intangible assets
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          28
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          250
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          293
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: solid; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt">
          750
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px; padding-bottom: 4.0px">
          <b>Non-GAAP net loss</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          (9,257
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          )
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          (7,159
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          (21,819
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          )
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          (19,385
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <b>GAAP net loss per share</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (0.15
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (0.17
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (0.41
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          (0.48
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-left: 0.0px; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 15.0px">
          Reconciling items
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px">
          -Stock-based compensation expense
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          0.01
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          0.02
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          0.05
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          0.07
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px">
          -Amortization of intangible assets
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          0.01
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          0.01
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          0.02
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3" style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td colspan="3" style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3" style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td colspan="3" style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px; padding-bottom: 4.0px">
          <b>Non-GAAP net loss per share: basic and diluted</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          (0.14
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          )
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          (0.14
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          (0.35
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          )
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          (0.39
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom-style: double; padding-left: 0.0px; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <b>Shares used in computing non-GAAP net loss per share</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 15.0px">
          Basic and diluted
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          65,317
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          49,634
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          61,486
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-left: 0.0px; padding-right: 0.0px">
          49,441
        </td>
        <td>

        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p>
      CONTACT:<br>MoSys, Inc.<br>Jim Sullivan, +1-408-418-7500<br>CFO<br><u>jsullivan@mosys.com</u><br>or<br>Shelton
      Group, Investor Relations<br>Beverly Twing, +1-214-272-0089<br>Sr. Acct.
      Manager<br><u>btwing@sheltongroup.com</u>
    </p>
  </body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
