Bird Investor Presentation Deck
Adjusted Operating Expenses to total operating expenses
BIRD
(in millions, except as otherwise noted)
Total operating expenses
Depreciation and amortization (¹)
Stock-based compensation expense
Legal settlements and reserves
Impairment of assets
Other non-recurring, non-cash, and non-core items
Adjusted Operating Expenses
(2)
% of Revenue
$
$
Three Months Ended September 30, Nine Months Ended September 30,
2021
(restated)
2022
(unaudited)
2021
(restated)
2022
(unaudited)
1. Depreciation and amortization is comprised of property and equipment depreciation and intangible asset amortization, which is part of total operating expenses.
2. Reflects adjustments
29.4
(0.4)
10.3
1.7
(1.0)
40.0
55%
$
$
o Sharing revenue of $4.3 million for the three months ended September 30, 2021, and $12.7 million and $10.1 million for the nine months ended September 30, 2022 and 2021, respectively.
40.0
(1.4)
(1.5)
(0.5)
36.6
60%
$
$
447.6
(1.9)
(82.0)
0.8
(215.8)
(2.5)
146.1
83%
$
$
122.0
(3.8)
(4.3)
(1.9)
112.0
79%
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