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      "text": "GAAP Transaction and loan losses\n% of Revenue\nGAAP Impairment on sales of Shopify's logistics businesses\nless: Impairment on sales of Shopify's logistics businesses\nAdjusted Impairment on sales of Shopify's logistics businesses\n% of Revenue\nGAAP Operating expenses\nless: Operating SBC and SBC-related payroll taxes\nless: Accelerated stock-based compensation\nless: Amortization of acquired intangibles\nless: Impairment of right-of-use assets and leasehold improvements\nless: Severance related costs\nless: Impairment on sale of Shopify' logistics businesses\nless: Litigation contingencies\nAdjusted Operating expenses\n% of Revenue",
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