For the full year, selling administrative expenses increased 3.1 million, or 7.9%, to 42.2 million from 39.1 million in 2023, with the increase primarily due to higher payroll-related expenses, legal and professional expenses, and travel-related expenses.

Mar 12, 2025 / CFO / receipt, needs a key / Nicholas Vallejos, CFO | earnings call 2025-03-12 | transcript 94ab8895-a4f8-4e62-9c06-e16202f0ee44 | chars 6291-6546 | segment 6

The increase was primarily due to higher payroll-related and travel expenses, partially offset by lower legal and professional expenses and lower selling costs.

Aug 7, 2024 / CFO / receipt, needs a key / Nicholas Vallejos, CFO | earnings call 2024-08-07 | transcript 2ba956c8-de19-45c3-ad2f-8d42507db74a | chars 7687-7847 | segment 7