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  "documentTitle": "SmileDirectClub | Investor Presentation Deck | 24 slides",
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  "authorName": "SmileDirectClub",
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  "presentationDate": "2021-03-01 00:00:00",
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  "notes": "Includes a non-GAAP financial measure footnote.",
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      "kind": "list",
      "text": "We ended Q4 with $316.7 million in cash and cash equivalents. Cash from operations for the fourth quarter was negative $14.9 million. Cash spent on investing for the fourth quarter was $28.4 million. On free cash flow, we've experienced improvement.",
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      "text": "On SmilePay, which drives our accounts receivable, in Q4 2020, SmilePay as a percentage of total aligners purchased was lower than previous quarters at 60% versus 64% for the full year. Overall, SmilePay has continued to perform well.",
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      "text": "(1) Free Cash Flow is a non-GAAP financial measure. See appendix for definition of Free Cash Flow.",
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