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  "presentationDate": "2022-05-01 00:00:00",
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      "text": "1. We exclude vehicle depreciation as these costs are non-cash in nature. Vehicle depreciation excludes tariff depreciation adjustments, which were $(0.3) million and $(0.6) million for the three months ended March 31, 2022 and 2021, respectively.\n2. We exclude vehicle count adjustments as these are adjustments made based on results of physical inventory counts, which are non-cash in nature.\n3. We exclude the revenue and cost of revenue associated with vehicle sales to retail customers and Bird Platform partners.",
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      "text": "Three Months Ended March 31,\n2022\n2021\n(in millions)\nGross margin\n3.4\n2.0\nVehicle depreciation (1)\n9.2\n5.6\nVehicle count adjustments (2)\n0.6\n(0.2)\nProduct Sales division (3)\n(0.2)\n0.2\nRide Profit (before Vehicle Depreciation)\n13.0\n7.6\nVehicle depreciation (1)\n(9.2)\n(5.6)\nRide Profit (after Vehicle Depreciation)\n3.8\n2.0",
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