Investor Presentaiton
Non-GAAP Reconciliations ($ in Millions)
Q4 2023
Reconciliation of total non-GAAP expenses
Q4 22
Q4 23
GAAP Expenses
Cost of Revenues
Sales & Marketing
$26.7
$28.2
$41.4
$40.3
Research & Development
$31.6
$30.2
General & Administrative
$28.9
$29.4
Digital Asset Impairment Losses, Net of Gains on Sale
$197.6
$39.2
Total GAAP Expenses
$326.3
$167.3
Share-Based Compensation
Cost of Revenues
Sales & Marketing
Research & Development
General & Administrative
Total Share-Based Compensation
Non-GAAP Expenses
Cost of Revenues
Sales & Marketing
$1.1
$1.2
$4.6
$5.5
$3.7
$4.1
$7.6
$8.9
$17.0
$19.7
$25.6
$27.0
$36.8
$34.8
Research & Development
$28.0
$26.0
General & Administrative
$21.3
$20.5
Digital Asset Impairment Losses, Net of Gains on Sale
$197.6
$39.2
Total Non-GAAP Expenses
$309.2
$147.6
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