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  "documentTitle": "SmileDirectClub | Investor Presentation Deck | 43 slides",
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  "authorName": "SmileDirectClub",
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  "presentationDate": "2023-05-01 00:00:00",
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      "text": "G&A expenses ($ in millions)\nQ1 2021: G&A $66, Stock-based Compensation $15\nQ2 2021: G&A $72, Stock-based Compensation $12, One-time Costs $1\nQ3 2021: G&A $75, Stock-based Compensation $10, One-time Costs $1\nQ4 2021: G&A $63, Stock-based Compensation $7, One-time Costs $4\nQ1 2022: G&A $66, Stock-based Compensation $5, One-time Costs $7\nQ2 2022: G&A $64, Stock-based Compensation $8, One-time Costs $8\nQ3 2022: G&A $68, Stock-based Compensation $7\nQ4 2022: G&A $55, Stock-based Compensation $5\nQ1 2023: G&A $59, Stock-based Compensation $7",
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      "text": "smile DIRECT CLUB",
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      "text": "General and administrative expenses were $65mm in Q1, compared to $71 million in Q1 2022 and $60mm in Q4 22.\nYOY decline due to cost reduction initiatives since Q1 22\nIncrease from Q4 22 due to the reversal of incentive compensation costs due to full year results in Q4 22. Excluding this QOQ variance, G&A would have declined $3mm in Q1 23.\nCost actions taken in January will achieve full run rate savings beginning in Q2 2023\nWe plan to stay vigilant with cost control throughout 2023 and beyond, as we focus on continuing to leverage this line item.",
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