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      "text": "Expressed in US millions",
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      "text": "GAAP Transaction and loan losses\n% of Revenue\nGAAP Operating expenses\nless: Operating SBC and 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: Litigation contingencies\nless: Impairment on sale of Shopify' logistics businesses\nAdjusted Operating expenses\n% of Revenue\n2018\n2019\n2020\n2021\n2022\nQ3'22\nQ3'23\n8\n25\n52\n82\n135\n39\n34\n1%\n2%\n2%\n2%\n2%\n3%\n2%\n688\n1,007\n1,451\n2,213\n3,576\n1,008\n779\n102\n173\n286\n389\n554\n151\n103\n-\n-\n-\n-\n-\n-\n4\n-\n1\n2\n2\n5\n2\n-\n-\n-\n32\n30\n84\n-\n38\n-\n-\n-\n-\n30\n30\n-\n-\n-\n-\n97\n97\n-\n-\n-\n-\n-\n-\n-\n586\n833\n1,131\n1,792\n2,806\n728\n634\n55%\n53%\n39%\n39%\n50%\n53%\n37%",
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