Company: WRBY
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0001104659-25-040245
Chunk: 71

Company: Warby Parker Inc.
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 71
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, and December 31, 2022, the amount includes $1.1 million and $0.6 million of employer payroll costs, respectively, associated with releases of RSUs and option exercises. (2) Represents charitable expense recorded in connection with the donation of 178,572 shares of Class A common stock in each of May 2024 and August 2023 to the Warby Parker Impact Foundation, and 56,938 shares of Class A common stock to charitable donor advised funds in June 2023. (3) Represents the amortization of costs capitalized in connection with the implementation of cloud-based software. (4) Represents internal and external non-capitalized costs related to the implementation of our new Enterprise Resource Planning (“ERP”) system. (5) Represents employee severance and related costs for restructuring actions executed in October 2024 and charges for certain legal matters outside the ordinary course of business. The following table reflects a reconciliation of free cash flow to its most directly comparable financial measure prepared in accordance with GAAP:

| ​                                         
 ​                                         | ​ 
 ​ | ​ 
 ​ | Year Ended               
 December 31,2024         |   |         |   | ​ | ​ | December 31,2023 |   |         |   | ​ 
 ​ |
|:------------------------------------------|:--|:--|:-------------------------|:--|--------:|:--|:--|:--|:-----------------|:--|--------:|:--|:--|
| ​                                         | ​ | ​ | -unaudited, in thousands |   |         |   |   |   |                  |   |         |   | ​ |
| Net cash provided by operating activities | ​ | ​ | ​                        | $ |  98,744 | ​ | ​ | ​ | ​                | $ |  60,991 | ​ | ​ |
| Purchases of property and equipment       | ​ | ​ | ​                        | ​ | -64,032 | ​ | ​ | ​ | ​                | ​ | -53,671 | ​ | ​ |
| Free cash flow                            | ​ | ​ | ​                        | $ |  34,712 | ​ | ​ | ​ | ​                | $ |   7,320 | ​ | ​ |

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TABLE OF CONTENTS TABLE OF CONTENTS SCAN TOVIEW MATERIALS & VOTE WARBY PARKER INC.233 SPRING STREET, 6TH FLOOR EAST NEW YORK,