Total cost of revenue for the third quarter of 2022 was $32.8 million, an increase from $28.8 million in the third quarter of 2021, primarily due to a $1.6 million increase in intangible asset amortization, $1 million increase in stock-based compensation, $0.4 million increase in employee-related costs, and $0.9 increase in other costs of revenues such as equipment, travel, and software licenses.

Nov 7, 2022 / CEO / receipt, needs a key / William Ferry, CEO | earnings call 2022-11-07 | transcript b0351ada-55aa-4bdc-8d38-6e4eed788f7d | chars 10059-10458 | segment 10