Third-quarter 2023 net revenues are expected to increase to $21M plus or minus 2%. Given expected continued strength in the lower-margin mobile market, gross margin for the third quarter is expected to be relatively flat compared to the second quarter of 2023. Operating expenses, excluding stock-based compensation and amortization of intangible assets, are expected to be approximately $18.5 to $19.5M in the third quarter of 2023. Weighted-average basic share count is expected to be approximately 175M shares at the end of the third quarter of 2023.
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