Kaixin Auto (KXIN) 6-K Kaixin Auto Holdings Announces Supplements to Unaudited First Half 2023 Financial Results

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	)