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  "documentTitle": "SmileDirectClub | Investor Presentation Deck | 48 slides",
  "authorId": "smiledirectclub",
  "authorName": "SmileDirectClub",
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  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2022-08-01 00:00:00",
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  "pageNumber": 29,
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      "kind": "image",
      "text": "smile\nDIRECT CLUB",
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      "text": "We ended Q2 with $158.3 million in cash and cash equivalents.\nCash from operations for the second quarter was ($17.8) million.\nCash spent on investing for the second quarter was ($17.8) million\nFree Cash Flow was ($35.6) million in the quarter, a $40.8 million improvement from Q1 2022\nIn Q2 2022, SmilePay financing, which drives our accounts receivable, as a percentage of total aligners purchased was 61.0%, which is about a 150 bps increase over Q1 2022.\nOverall, SmilePay delinquency rates continue to be in line with past performance",
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      "kind": "source-note",
      "text": "(1) Free Cash Flow is a non-GAAP financial measure. See appendix for definition of Free Cash Flow. Prior period reconciliations are available in historical SEC filings at https://investors.smiledirectclub.com/financial-filings/sec-filings.",
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      "text": "($ in millions) Q1 2022 Q2 2022\nCash $144.7 $158.3\nDebt $739.6 $792.2\nAccounts Receivable, Net $240.5 $221.6\nCash Flow from Operations ($61.3) ($17.8)\nCash Flow from Investing ($15.1) ($17.8)\nFree Cash Flow (1) ($76.4) ($35.6)",
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      "kind": "title",
      "text": "Balance sheet highlights.",
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