Item 2.02 Results of Operations and Financial Condition.



On February 10, 2023 (Japanese Standard Time), Techpoint, Inc. (together with
its wholly-owned subsidiaries, the "Company", "we", "us" and "our") filed with
the Tokyo Stock Exchange a Japanese report referred to as "Kessan Tanshin,"
which contained the Company's unaudited financial results for the year ended
December 31, 2022 (the "Tanshin"). A copy of the English translation of the
Tanshin is attached hereto as Exhibit 99.1 and is incorporated by reference
herein.

The information in this Form 8-K, including Exhibit 99.1, shall not be deemed
"filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as
amended (the "Exchange Act"), or otherwise subject to the liabilities of that
section and shall not be deemed incorporated by reference in any filing under
the Securities Act of 1933, as amended (the "Securities Act"), except as shall
be expressly set forth by specific reference in such a filing.

Item 7.01 Regulation FD Disclosure.

The information in Item 2.02 is incorporated by reference into this Item 7.01.

Non-GAAP Financial Information

• In the Tanshin, for the years ended December 31, 2022, and 2021, the Company

presents non-GAAP income from operations based on the exclusion of

stock-based compensation expense and non-GAAP net income based on the

exclusion of stock-based compensation expense and the relating tax impact.




The following tables contain a reconciliation of the non-GAAP financial measures
to the most directly comparable GAAP (generally accepted accounting principles
in the United States) financial measures (dollars in thousands).



                                                             Income From
Year Ended December 31, 2022                                  Operations               Net Income
GAAP                                                       $         19,348         $         17,663
Stock-based compensation expense                                      1,813                    1,813
Adjustment for taxes (1)                                                  -                     (179 )
Non-GAAP                                                   $         21,161         $         19,297

(1) Adjustment for taxes based on an assumed 9.86% effective tax rate, which was our assumed effective tax rate for fiscal 2022.





                                                             Income From
Year Ended December 31, 2021                                  Operations               Net Income
GAAP                                                       $         19,885         $         17,287
Stock-based compensation expense                                      1,845                    1,845
Adjustment for taxes (1)                                                  -                     (243 )
Non-GAAP                                                   $         21,730         $         18,889

(1) Adjustment for taxes based on an assumed 13.19% effective tax rate, which was our assumed effective tax rate for fiscal 2021.





Note on non-GAAP financial information: The Company uses non-GAAP measures of
adjusted income from operations and net income, which are adjusted from results
based on GAAP to exclude certain expenses. These non-GAAP financial measures are
provided to enhance the overall understanding of the Company's current financial
performance and its prospects for the future. Specifically, the Company's
management believes that non-GAAP results provide useful information to the
Company's board of directors, management and investors as these non-GAAP results
exclude certain expenses that management believes are not indicative of the
Company's core operating results and can be impacted by factors beyond
management's direct control, such as the market price of the Company's Japanese
Depositary Shares. These non-GAAP results are some of the primary measurements
management uses to assess the Company's performance, allocate resources and plan
for future periods. Reported non-GAAP results should only be considered as
supplemental to results prepared in accordance with GAAP, and not considered as
a substitute for, or superior to, GAAP results. These non-GAAP measures may
differ from the non-GAAP measures reported by other companies in the Company's
industry. A reconciliation of non-GAAP guidance measures to corresponding GAAP
measures on a forward-looking basis is not available due to high variability and
low visibility with respect to the charges which are excluded from these
non-GAAP measures.

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Item 9.01 Financial Statements and Exhibits.



(d) Exhibits.

Exhibit
Number                                  Description

 99.1       English Translation of Tanshin, dated February 10, 2023.

Cover Page Interactive Data File (formatted as Inline XBRL and contained 104 in Exhibit 101)






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