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  "documentTitle": "FTC Solar | Results Presentation Deck | 12 slides",
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      "text": "The following table reconciles U.S. GAAP operating expenses to Non-GAAP operating expenses for the three months ended June 30, 2023, and 2022, respectively:",
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      "text": "The following table reconciles U.S. GAAP gross margin to Non-GAAP gross margin for the three months ended June 30, 2023, and 2022, respectively:",
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      "text": "Three months ended June 30,\n(in thousands)\n2023\n2022\nU.S. GAAP operating expenses\n$ 12,568\n$ 18,727\nDepreciation expense\n(71)\n(57)\nAmortization expense\n(136)\n—\nStock-based compensation\n(2,646)\n(2,079)\nNon-routine legal fees\n25\n(3,822)\nSeverance\n—\n(111)\nOther (costs) credits\n—\n(210)\nNon-GAAP operating expenses\n$ 9,740\n$ 12,448",
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      "text": "Three months ended June 30,\n(in thousands, except percentages)\n2023\n2022\nU.S. GAAP revenue\n$ 32,359\n$ 30,721\nU.S. GAAP gross profit (loss)\n$ 2,201\n$ (6,512)\nDepreciation expense\n125\n87\nStock-based compensation\n316\n1,059\nOther costs\n—\n—\nNon-GAAP gross profit (loss)\n$ 2,642\n$ (5,366)\nNon-GAAP gross margin percentage\n8.2%\n(17.5%)",
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      "text": "Reconciliation of Non-GAAP Gross Margin and Operating Expenses",
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