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  "documentTitle": "Snap Inc | Investor Presentation Deck | 48 slides",
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  "authorName": "Snap Inc.",
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  "presentationDate": "2022-02-01 00:00:00",
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  "notes": "Includes footnotes defining DAU and adjusted metrics.",
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      "text": "We define a Daily Active User, or DAU, as a registered Snapchat user who opens the Snapchat application at least once during a defined 24-hour period. We calculate average Daily Active Users for a particular quarter by adding the number of DAUs on each day of that quarter and dividing that sum by the number of days in that quarter. Average Daily Active Users in this slide is presented as annual DAU, calculated as the average of each quarterly DAU. Excludes stock-based compensation expense and related payroll tax expense, depreciation and amortization, and certain other non-cash or nonrecurring items impacting net income (loss) from time to time.",
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      "text": "Growing Revenue and Scaling Efficiently",
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