Bird Investor Presentation Deck
Adjusted Operating Expenses to total operating expenses
Three Months Ended June 30,
2022
2021
BIRD
(in millions, except as otherwise noted)
Total operating expenses
Depreciation and amortization
Stock-based compensation expense
Legal settlements and reserves
(1)
Impairment of assets
Other non-recurring, non-cash, and non-core items
Adjusted Operating Expenses
% of Revenue
$
1. Depreciation and amortization is comprised of property and equipment depreciation and intangible asset amortization, which is part of total operating expenses
317.9
(0.8)
(43.7)
(0.1)
(215.8)
(1.5)
56.0
73%
$
41.7
(1.1)
(1.3)
(0.2)
39.2
65%
$
$
Six Months Ended June 30,
2021
2022
418.1
(1.4)
(92.4)
(1.0)
(215.8)
(1.5)
106.1
93%
$
$
82.7
(2.4)
(2.8)
(1.4)
76.1
89%
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