In addition to R&D, SG&A costs also increased by $2.5 million compared to Q1, which is mostly due to increased shipping costs as we imported certain products ahead of tariff increases and supported shipping of samples and prototypes to customers, along with expenses from the OFC trade show in April.

Aug 7, 2025 / receipt, needs a key / Dr. Stephan Murray, CFO | earnings call 2025-08-07 | transcript db88d3c1-265c-486b-ab7a-3b66ba934e0d | chars 8651-8951 | segment 8

Total non-GAAP operating expenses in the third quarter were $27.9 million, or 42.9% of revenue, which compared to $21.4 million, or 34.2% of revenue in Q3 of the prior year, primarily due to accelerated R&D spending due to greater than anticipated new customer requests, especially in our data center business, where we saw notable interest in our 1.6 terabit transceivers. also increasing year-over-year or R&D expenses related to our 1.8 gigahertz CATV amplifier products, and additional expenses related to expedited shipping costs for the production ramp-up of these products, and non-recurring trade show expenses that were incurred in the third quarter, which we do not expect to incur in the fourth quarter.

Nov 7, 2024 / receipt, needs a key / Dr. Stephan Murray, CFO | earnings call 2024-11-07 | transcript 7be34909-8939-4b8c-9b02-485e9f309cf3 | chars 14163-14877 | segment 14