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PROXIM, INC

Statement of Operations for the Year Ended December 31, 2001
(In Thousands, except per share data)
Y2000
Revenue
Less:
Cost of revenue excl amort n prov
Amort of intangible assets
Prov for excess & obsolete invty
Gross Profit (Loss)
Less Expense
Research & Dev
Purchased in procee R&D
Selling, general & adm
Provision for doubtful accounts
Restructuring charges
Impairment of goodwill & intang assets
Terminated mereger costs
Patent litigation cost
Amortization of goodwill
Income (loss) from operations
Interest income, net
Impairment gain (losses) on investments
Income (loss) before taxes
Provision for income taxes
Net Income (Loss)
Basic Net Income (loss) per share
Diluted Net Income (loss) per share

Q4 2001
1 Restructuring Charges of
of whichi include here are:
Severance Pay
Closed Facilities Lease Costs
Fiscal Year ended Dec 31, 2001
Restructuring Charges
Prov for Execc & Obso Invty & purch commitm
Incr in Doubtful accounts
Purchased in procee R&D
Impairment of goodwill & intang assets
Terminated merger costs

GAAP 2001

107,500

85,536
49,367
2,832
50,000

13,235
1,373
22,057
4,500
13,585
10,372
2,950
2,600
5,252

-5%
2,149,000
0.07

102,199
(16,663)

75,924
(92,587)
1,905
(12,074)
(102,756)
5,043
(107,799)
3.87
3.87
(417,182.13)
4

12,635,000 reduction in workforce & closing of certain facilities
1,400,000
11,235,000
in Thousands
Q1

Q2
550
44,000
2,000
10,372

2,950

Q3
400
6,000
2,500
1,373

600 5.380 .265 Net Income 1.043 5.Patent litigation cost n charges for the Impairment equity investments Prov for deferred taxes net of def tax liab 2.000 5.694 1 Why may non-recurring? Because of the reduction in workforce and closure of certain facilities 2 3 6.

057 (5.000 0.06 108.367) 49.265 2.500 1.000 4. 2001 hare data) should be 2001 Q4 2001 Y2000 PRO-FORMA 85.04 4.ded December 31.252) 4.51 force & closing of certain facilities Q4 12.360 1.169 36.372 2.943.48 6.905 6.808 0.536 (49.367 49.500) 22.06 0.635 Total 13.17 .950 - 1.000 0.093.367 36.169 13.000 0.585 50.292 877 1.536 Q4 2000 PRO-FORMA 85.235 (22.373 10.057) (4.265 14.905 35.782 974 1.631.

600 12.074 5.043 - .2.

07 .970.53 33.Q4 2001 Q4 2000 GAAP 16.000 0.600 1.002.000) 0.700 (16.