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      "text": "Expressed in US millions $, except percentages\nGAAP Operating expenses\nless: Accelerated stock-based compensation\nless: Impairment of right-of-use assets and leasehold improvements\nless: Severance related costs\nless: Litigation contingencies / benefit related to legal contingencies\nless: Impairment on sale of Shopify's logistics businesses\nOperating expenses, excluding one-time items\n% of Revenue\nQ1'23 910\nQ2'23 2,471 165 148 1,340\nQ3'23 779 4 38\nQ4'23 773\nQ1'24 871\nQ2'24 804 (55)\nQ3'24 835\nQ4'24 887\n910 818 737 773 871 859 835 887\n60% 48% 43% 36% 47% 42% 39% 32%",
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