The increase year over year is primarily due to higher office and miscellaneous cost, travel, and wages.

May 11, 2026 / receipt, needs a key / Paul Sunn, CFO | earnings call 2026-05-11 | transcript 47285314-61fe-4fdf-8eff-42b97535e933 | chars 11948-12052 | segment 11

The largest contributor to the year-over-year change was an increase in office and miscellaneous wages and travel as we scale up the business.

Mar 24, 2026 / receipt, needs a key / Paul Sun, CFO | earnings call 2026-03-24 | transcript d782f32c-3119-44dd-9724-ca61895ab524 | chars 28282-28424 | segment 29

People are working ridiculous hours. They're doing crazy amounts of travel. They're bending over backwards for the customer.

Nov 14, 2024 / receipt, needs a key / Ken, other | earnings call 2024-11-14 | transcript 80c496f9-84db-4951-9942-3591bc476f26 | chars 32760-32884 | segment 32

ParaZero is a strategic partner of ours. We work closely with them on a number of initiatives as it relates to parachutes, medical delivery, military applications, and of course, commercial enterprise applications. Recently, the FAA has announced that for drones that are under three and a half that they've got a parachute on them. They've got a much reduced or streamlined waiver process to do flights over people. So that's pretty exciting with some additional product announcements that we've got coming up shortly.

Aug 13, 2024 / receipt, needs a key / Cameron Schell, CEO | earnings call 2024-08-13 | transcript af1de899-687b-4483-9523-16f79cf7e8ae | chars 12044-12563 | segment 12