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  "documentTitle": "Lightspeed Commerce, Inc. (LSPD)",
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  "authorName": "Spruce Point Capital Management",
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      "text": "There were no transaction costs associated with acquiring Crank Logic, and none of the acquisition-related compensation expenses was attributed to the acquisition either.",
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      "text": "LSPD's Financials Show No \"Transaction-Related Expenses\" For Crank Logic. The Only Evidence of an Acquisition Is \"Acquisition-Related Compensation Expenses\". No Mention of Crank Logic In Relation To \"Acquisition-Related Compensation Expenses\"",
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      "text": "Acquisition-related compensation expenses for the nine months ended December 31, 2018 decreased by $0.7 million or 71.8% as compared to the nine months ended December 31, 2017. The decrease was due to our acquisition of SEOshop Group B.V.",
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      "text": "Source: LSPD IPO Prospectus at SEDAR.com",
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      "text": "Reconciliation of Non-IFRS Measures table showing Net loss, Fair value loss, Stock-based compensation, Depreciation, Interest, Acquisition-related compensation, Transaction-related expenses, Income tax, Adjusted EBITDA.",
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