Source document: shopify-inc_2019

Question: What are the 3 dates listed in the table in chronological order?
Facts: December 31, 2018; December 31, 2019; January 1, 2018
Answer: January 1, 2018; December 31, 2018; December 31, 2019

Question: What financial items are listed in the table?
Facts: Accrued interest; Indirect taxes receivable; Other receivables; Trade receivables; Unbilled revenues
Answer: Indirect taxes receivable; Unbilled revenues; Trade receivables; Accrued interest; Other receivables

Question: How much is the other receivables as at December 31, 2019?
Facts: 6,665
Answer: 6,665 thousand

Question: What is the average trade receivables for 2018 and 2019?
Facts: 11,191; 9,660
Derivation: (9,660+11,191)/2
Answer: 10425.5 thousand

Question: What is the average indirect taxes receivable for 2018 and 2019 ?
Facts: 3,774; 36,821
Derivation: (36,821+3,774)/2
Answer: 20297.5 thousand

Question: What is the average other receivables for 2018 and 2019?
Facts: 6,665; 8,620
Derivation: (6,665+8,620)/2
Answer: 7642.5 thousand

Question: Which countries are shown in the table of total external revenues by geographic location?
Facts: Australia; Canada; Rest of World; United Kingdom; United States
Answer: Canada; United States; United Kingdom; Australia; Rest of World

Question: What is the total external revenues from Canada in 2019?
Facts: 96,168
Answer: 96,168 thousand

Question: What is the 2019 year end total external revenue in United States?
Facts: 1,079,520
Answer: 1,079,520 thousand

Question: Between 2018 and 2019, which year had higher total external revenue in Canada?
Facts: 2019
Derivation: 96,168>70,774
Answer: 2019

Question: Which country had the highest total external revenue in year ended December 31, 2019?
Facts: United States
Derivation: 1,079,520>230,416 , 1,079,520>68,571 , 1,079,520>103,498 , 1,079,520>96,168
Answer: United States

Question: Between year ended 2018 and 2019, which year had higher total external revenue?
Facts: 2019
Derivation: 1,578,173>1,073,229
Answer: 2019

Question: What financial items does deferred tax assets comprise of?
Facts: Accruals and reserves; Investment tax credits; Share issuance costs; Stock-based compensation expense; Tax loss carryforwards; Temporary differences on capital and intangible assets; Temporary differences related to lease assets and liabilities; Valuation allowance
Answer: Tax loss carryforwards; Temporary differences on capital and intangible assets; Stock-based compensation expense; Accruals and reserves; Share issuance costs; Temporary differences related to lease assets and liabilities; Investment tax credits; Valuation allowance

Question: What financial items does deferred tax liabilities comprise of?
Facts: Other deferred tax liabilities; Temporary differences on intangible assets
Answer: Temporary differences on intangible assets; Other deferred tax liabilities

Question: What is the total deferred tax liabilities as at December 31, 2019?
Facts: (37,341)
Answer: (37,341) thousand

Question: What is the average total deferred tax assets for 2018 and 2019?
Facts: 4,218; 48,020
Derivation: (48,020+4,218)/2
Answer: 26119 thousand

Question: What is the average total deferred tax liabilities for 2018 and 2019?
Facts: 2; 37,341; 5,350
Derivation: [(-37,341) + (-5,350)] /2
Answer: -21345.5 thousand

Question: Which year has the highest total deferred tax assets?
Facts: 2019
Derivation: 48,020> 4,218
Answer: 2019

Question: What is the current portion of deferred revenue in 2019?
Facts: 56,691
Answer: 56,691 thousand

Question: What was the January 1, 2018 opening balance of current deferred revenue?
Facts: $30,694
Answer: $30,694

Question: What was the January 1, 2018 opening balance of long-term deferred revenue?
Facts: $1,352
Answer: $1,352

Question: How much has current deferred revenue changed from January 1, 2018 to December 31, 2018?
Facts: 30,694; 39,180
Derivation: 39,180-30,694
Answer: 8486 thousand

Question: How much has long-term deferred revenue changed from January 1, 2018 to December 31, 2018?
Facts: 1,352; 1,881
Derivation: 1,881-1,352
Answer: 529 thousand

Question: Between 2018 and 2019, which year had a higher amount of total deferred revenue?
Facts: 2019
Derivation: 62,660>41,061
Answer: 2019

Question: What financial items does intangible assets comprise of?
Facts: Acquired customer relationships; Acquired technology; Other intangible assets; Purchased software; Software development costs
Answer: Acquired technology; Software development costs; Acquired customer relationships; Purchased software; Other intangible assets

Question: What information does the table show?
Facts: Intangible Assets
Answer: Intangible Assets

Question: What is the cost of acquired technology as at December 31, 2018?
Facts: 15,556
Answer: 15,556 thousand

Question: How much is the 2019 software development costs excluding the internal software development costs of $12,666?
Facts: 12,666; 24,963
Derivation: 24,963-12,666
Answer: 12297 thousand

Question: What is the average amortization expense relating to the capitalized internally developed software for 2018 and 2019?
Facts: 3,832; 7,464
Derivation: (7,464+3,832)/2
Answer: 5648 thousand

Question: Between 2018 and 2019 year end, which year had a higher amount of intangible assets?
Facts: 2019
Derivation: 48,578>22,506
Answer: 2019

Question: Which 3 financial items were excluded from the diluted weighted average number of outstanding shares?
Facts: Deferred share units; Restricted share units; Stock options
Answer: Stock options; Restricted share units; Deferred share units

Question: What financial information does the table show?
Facts: reconciliation of the basic weighted average number of shares outstanding and the diluted weighted average number of shares outstanding
Answer: reconciliation of the basic weighted average number of shares outstanding and the diluted weighted average number of shares outstanding

Question: What is the number of deferred share units in 2019?
Facts: 673
Answer: 673

Question: What is the average anti-dilutive stock options for 2018 and 2019?
Facts: 3,812,242; 5,476,790
Derivation: (3,812,242+5,476,790)/2
Answer: 4644516

Question: What is the average anti-dilutive restricted share units for 2018 and 2019?
Facts: 1,939,918; 2,473,665
Derivation: (1,939,918+2,473,665)/2
Answer: 2206791.5

Question: What is the average anti-dilutive deferred share units for 2018 and 2019?
Facts: 347; 673
Derivation: (673+347)/2
Answer: 510

Question: What information does the table show?
Facts: the changes in accumulated other comprehensive income (loss), which is reported as a component of shareholders’ equity, for the years ended December 31, 2019 and 2018:
Answer: the changes in accumulated other comprehensive income (loss), which is reported as a component of shareholders’ equity, for the years ended December 31, 2019 and 2018:

Question: What is the accumulated other comprehensive income at the beginning of 2019?
Facts: (12,216)
Answer: (12,216) thousand

Question: What is the accumulated other comprehensive income at the beginning of 2018?
Facts: 3,435
Answer: 3,435 thousand

Question: What is the average ending balance of accumulated other comprehensive income for 2018 and 2019?
Facts: 1,046; 12,216; 2
Derivation: [1,046 + (-12,216)] /2
Answer: -5585 thousand

Question: What is the average reclassification of cost of revenues for 2018 and 2019?
Facts: 255; 279
Derivation: (279+255)/2
Answer: 267 thousand

Question: What is the average reclassification of sales and marketing for 2018 and 2019?
Facts: 1,224; 1,538
Derivation: (1,538+1,224)/2
Answer: 1381 thousand

Question: Which 2 financial items does cost of revenues consist of?
Facts: Cost of merchant solutions; Cost of subscription solutions
Answer: Cost of subscription solutions; Cost of merchant solutions

Question: Which financial years' information does the table show (in chronological order)?
Facts: 2017; 2018; 2019
Answer: 2017; 2018; 2019

Question: What is the 2019 year ended cost of subscription solutions?
Facts: $ 128,155
Answer: $ 128,155 thousand

Question: Which year had the highest total cost of revenues?
Facts: 2019
Derivation: 712,530>476,962 , 712,530>293,051
Answer: 2019

Question: Between year ended 2018 and 2019, which year had a higher cost of merchant solutions?
Facts: 2019
Derivation: 584,375>375,972
Answer: 2019

Question: What's the total revenue in 2019?
Facts: 45.1; 712,530
Derivation: 712,530/45.1 %
Answer: 1579889.14 thousand

Question: What is the total revenue for year ended December 31, 2019?
Facts: $1,578,173
Answer: $1,578,173 thousand

Question: What is the subscription solutions revenue for year ended December 31, 2019?
Facts: $642,241
Answer: $642,241 thousand

Question: What is the merchant solutions revenue for year ended December 31, 2019?
Facts: 935,932
Answer: 935,932 thousand

Question: Which year has the highest Subscription solutions revenues?
Facts: 2019
Derivation: 642,241> 464,996> 310,031
Answer: 2019

Question: Which year has the highest Merchant solutions revenues?
Facts: 2019
Derivation: 935,932> 608,233> 363,273
Answer: 2019

Question: What is the change in subscription solutions revenue between 2018 and 2019?
Facts: 464,996; 642,241
Derivation: 642,241-464,996
Answer: 177245 thousand

Question: Which financial years' information is shown in the table?
Facts: 2018; 2019
Answer: 2018; 2019

Question: Which financial items are listed in the table?
Facts: All Other Fees; Audit Fees; Audit-Related Fees; Tax Fees
Answer: Audit Fees; Audit-Related Fees; Tax Fees; All Other Fees

Question: What is the audit fees for fiscal 2019?
Facts: 1,133
Answer: 1,133 thousand

Question: What is the average audit fees for 2018 and 2019?
Facts: 1,133; 764
Derivation: (1,133+764)/2
Answer: 948.5 thousand

Question: What is the average total auditor service fees for 2018 and 2019?
Facts: 1,136; 766
Derivation: (1,136+766)/2
Answer: 951 thousand

Question: Between fiscal 2018 and 2019, which year had higher audit fees?
Facts: 2019
Derivation: 1,133>764
Answer: 2019

Question: What are the 2 financial items listed in the table?
Facts: Gross Merchandise Volume; Monthly Recurring Revenue
Answer: Monthly Recurring Revenue; Gross Merchandise Volume

Question: Which financial years' information is shown in the table?
Facts: 2018; 2019
Answer: 2018; 2019

Question: What is the full form of "MRR"?
Facts: Monthly Recurring Revenue
Answer: Monthly Recurring Revenue

Question: What is the average monthly recurring revenue for 2018 and 2019?
Facts: 40,932; 53,898
Derivation: (53,898+40,932)/2
Answer: 47415 thousand

Question: What is the average gross merchandise volume for 2018 and 2019?
Facts: 41,103,238; 61,138,457
Derivation: (61,138,457+41,103,238)/2
Answer: 51120847.5 thousand

Question: What is the change between 2018 and 2019 year ended's monthly recurring revenue ?
Facts: 40,932; 53,898
Derivation: 53,898-40,932
Answer: 12966 thousand

Question: What is Shopify's largest source of operating cash from?
Facts: subscription solutions
Answer: subscription solutions

Question: What is Shopify's primary uses of cash from its operating activities?
Facts: third-party payment processing fees, employee-related expenditures, advancing funds to merchants through Shopify Capital, marketing programs, third-party shipping and fulfillment partners, outsourced hosting costs, and leased facilities
Answer: third-party payment processing fees, employee-related expenditures, advancing funds to merchants through Shopify Capital, marketing programs, third-party shipping and fulfillment partners, outsourced hosting costs, and leased facilities

Question: How much is the cash provided by operating activities for year ended December 31, 2019?
Facts: $70,615
Answer: $70,615 thousand

Question: What is the average net cash provided by operating activities for 2018 and 2019?
Facts: 70,615; 9,324
Derivation: ($70,615+$9,324)/2
Answer: 39969.5 thousand

Question: What is the average net cash provided by financing activities for 2018 and 2019?
Facts: 1,072,182; 736,351
Derivation: (736,351+1,072,182)/2
Answer: 904266.5 thousand

Question: What is the change in net increase in cash and cash equivalents for year ended 2018 and 2019 ?
Facts: 239,233; 269,006
Derivation: 239,233-269,006
Answer: -29773 thousand

Question: What is the gross profit as at year ended December 31, 2019?
Facts: $ 865,643
Answer: $ 865,643 thousand

Question: What is the gross profit as at year ended December 31, 2018?
Facts: $ 596,267
Answer: $ 596,267 thousand

Question: What is the gross profit as at year ended December 31, 2017?
Facts: $ 380,253
Answer: $ 380,253 thousand

Question: Between year ended 2018 and 2019, which year had higher gross profit?
Facts: 2019
Derivation: 865,643>596,267
Answer: 2019

Question: Between year ended 2017 and 2018, which year had higher gross profit?
Facts: 2018
Derivation: 596,267>380,253
Answer: 2018

Question: What is the average gross profit for 2018 and 2019?
Facts: 596,267; 865,643
Derivation: (865,643+596,267)/2
Answer: 730955 thousand

Question: How much was the total assets as at December 31, 2019?
Facts: 3,489,479
Answer: 3,489,479 thousand

Question: How much was the total liabilities as at December 31, 2019?
Facts: 473,745
Answer: 473,745 thousand

Question: How much was the total non-current liabilities as at December 2019?
Facts: 157,363
Answer: 157,363 thousand

Question: What was the average cash, cash equivalents and marketable securities for 2018 and 2019?
Facts: 1,969,670; 2,455,194
Derivation: ($2,455,194+$1,969,670)/2
Answer: 2212432 thousand

Question: What is the average total assets for 2018 and 2019?
Facts: 2,254,785; 3,489,479
Derivation: (3,489,479+2,254,785)/2
Answer: 2872132 thousand

Question: What is the average total liabilities for 2018 and 2019?
Facts: 164,017; 473,745
Derivation: (473,745+164,017)/2
Answer: 318881 thousand

Question: How much is the cost of subscriptions solutions revenue for both financial year ends (in chronological order)?
Facts: $ 26,706; $ 37,369
Answer: $ 26,706; $ 37,369 thousand

Question: How much is the cost of merchant solutions revenue for both financial year ends (in chronological order)?
Facts: 131,413; 203,900
Answer: 131,413; 203,900 thousand

Question: How much is the total cost of revenues for both financial year ends (in chronological order)?
Facts: $ 158,119; $ 241,269
Answer: $ 158,119; $ 241,269 thousand

Question: Between 2018 and 2019 year end, which year's cost of subscriptions solutions constitutes a higher percentage of revenues?
Facts: 2018
Derivation: 7.8 %>7.4 %
Answer: 2018

Question: Between 2018 and 2019 year end, which year's cost of merchant solutions constitues a higher percentage of total revenues?
Facts: 2019
Derivation: 40.4 %>38.2 %
Answer: 2019

Question: Between 2018 and 2019 year end, which year had a higher total cost of revenues?
Facts: 2019
Derivation: $ 241,269>$ 158,119
Answer: 2019

Question: How much is the research and development expenses for the year ended 2019?
Facts: $ 355,015
Answer: $ 355,015 thousand

Question: How much is the research and development expenses for the year ended 2018?
Facts: $ 230,674
Answer: $ 230,674 thousand

Question: How much is the research and development expenses for the year ended 2017?
Facts: $ 135,997
Answer: $ 135,997 thousand

Question: What is the average research and development expenses for 2018 and 2019?
Facts: 230,674; 355,015
Derivation: (355,015+230,674)/2
Answer: 292844.5 thousand

Question: What is the average research and development expenses for 2017 and 2018?
Facts: 135,997; 230,674
Derivation: (230,674+135,997)/2
Answer: 183335.5 thousand

Question: Between year ended 2018 and 2019, which year had higher research and development expenses?
Facts: 2019
Derivation: 355,015> 230,674
Answer: 2019