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  "documentTitle": "SmileDirectClub | Results Presentation Deck | 22 slides",
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      "text": "(1) Adjusted EBITDA is a non-GAAP financial measure. See appendix for definition of Adjusted EBITDA.",
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      "text": "Revenue for the quarter was $197 million, which represents an increase of 53% over the fourth quarter of 2018. This increase was driven primarily by a 51% YoY increase in aligner shipments which came in at 115,042.",
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      "text": "Q4 Adjusted EBITDA(1) loss came in at negative $60 million. Adjusted EBITDA came in under expectation due to a miss on gross margin and higher than expected G&A spend.",
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      "text": "Gross margin for the quarter was 73%, an over 200-basis point improvement versus the prior year. Gross margin improvement was driven by manufacturing 100% of aligners in house.",
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