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      "text": "1) Excludes contractors.",
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      "text": "Embark Technology, Inc. Reconciliation of Adjusted EBITDA less Capital Expenditures per Employee (in thousands) (unaudited) Three Months Ended 9/30/2022 6/30/2022 3/31/2022 12/31/2021 9/30/2021 Adjusted EBITDA $ (24,720) $ (23,938) $ (23,138) $ (20,327) $ (14,218) Capital expenditures including truck deposits, net of returns and proceeds from sale (3,399) (2,686) (1,717) (973) (833) Adjusted EBITDA less Capital Expenditures (28,119) (26,624) (24,855) (21,300) (15,051) Average Number of Employees (1) 329 322 268 212 165 Quarterly Adjusted EBITDA less Capital Expenditures Per Employee ($K) 85.6 82.7 92.9 100.7 91.2",
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