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  "documentTitle": "Warby Parker | Results Presentation Deck | 36 slides",
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  "authorName": "Warby Parker",
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  "presentationDate": "2023-02-01 00:00:00",
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      "text": "(1) Represents expenses related to the Company's equity-based compensation programs and related employer payroll taxes, which may vary significantly from period to period depending\nupon various factors including the timing, number, and the valuation of awards granted, vesting of awards including the satisfaction of performance conditions, and the impact of repurchases\nof awards from employees. For both the six months ended June 30, 2022 and December 31, 2022, the amount includes $0.3 million of employer payroll costs associated with releases of\nRSUS and option exercises.\n(2) Represents charitable expense recorded in connection with the donation of 178,572 shares of Class A common stock in May 2022 to the Warby Parker Impact Foundation, and a donation\nof 34,528 shares of Class A common stock to third-party charitable donor advised funds.\n(3) Represents the amortization of costs capitalized in connection with the implementation of cloud-based software.\n(4) Represents internal and external non-capitalized costs related to the implementation of our new ERP system which is expected to be live in 2023.\n(5) Represents employee severance and related costs for our restructuring plan that was executed in August 2022.",
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      "text": "Unaudited, in thousands\nNet loss\nAdjusted to exclude the following:\nInterest and other income, net\nProvision for income taxes\nDepreciation and amortization expense\nAsset impairment charges\nStock-based compensation expense (1)\nNon-cash charitable donation (2)\nAmortization of cloud-based software implementation costs (3)\nERP implementation costs (4)\nRestructuring costs (5)\nAdjusted EBITDA\nAdjusted EBITDA margin\nSelling, general, and administrative expenses\nAdjusted to exclude the following:\nStock-based compensation expense (1)\nNon-cash charitable donation (2)\nERP implementation costs (4)\nRestructuring costs (5)\nAdjusted selling, general, and administrative expenses\nAdjusted selling, general, and administrative expenses margin",
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      "kind": "title",
      "text": "RECONCILIATION OF NON-GAAP MEASURES",
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