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Nectar, Inc. NOAA Reconciliations2013 Annual ReportNonGAAP Financial MeasuresRECONCILIATION OF NOAA FINANCIAL MEASURE Nectar reports its results in accordance with generally accepted accounting principles
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Non-GAAP financial refers to financial measures that are not prepared in accordance with Generally Accepted Accounting Principles (GAAP).
Companies may voluntarily provide non-GAAP financial measures in their financial reports, but must adhere to SEC regulations when doing so.
Non-GAAP financial measures should be clearly defined, reconciled with GAAP measures, and provide explanations for why they are useful to investors.
The purpose of non-GAAP financial measures is to provide additional insights into a company's performance that may not be captured through traditional financial reporting.
Non-GAAP financial measures typically include adjusted earnings, EBITDA, or other performance metrics that exclude certain one-time expenses or gains.
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