EX-99.3 4 tm2330824d1_ex99-3.htm EXHIBIT 99.3

 

Exhibit 99.3

 

Reconciliation of Non-GAAP Results of Operations Measures to the Comparable GAAP Financial Measures 

(In thousands of US dollars)

 

   For the Six Months Ended June 30, 
   2023   2022 
   USD$   USD$ 
Reconciliation of non-GAAP loss from operations:        
Loss from operations   (4,059)   (32,802)
Add back: Share based compensation expenses   1,218    29,942 
Adjusted loss from operations   (2,841)   (2,860)
           
Reconciliation of non-GAAP net loss:          
Net Loss   (4,477)   (70,521)
Add back: Share based compensation expenses   1,218    29,942 
Add back: Impairment of prepaid expenses and other current assets   -    21,635 
Add back: Provision for dealership settlement   -    15,134 
Adjusted Net loss   (3,259)   (3,810)