Selling and administrative expenses increased to $5.3 million in the fiscal third quarter of 2024 as compared to $4.7 million in fiscal third quarter of 2023, primarily attributable to higher staff-related expenses, including certain severance expenses and increases in stock-based compensation, recruiting expenses, outbound shipping costs, and professional service fees, partially offset by decreases in sales commissions, E&O insurance expenses, travel expenses, and depreciation expense.

May 9, 2024 / receipt, needs a key / Kevin Royal, CFO | earnings call 2024-05-09 | transcript 42a74b30-d577-4489-9b7b-fa999f397606 | chars 11398-11889 | segment 11

Thoroughly streamlined the organization for maximum operating leverage and better margins

ir_statement / Sep 16, 2026 / receipt

With a lower cost base, we are well positioned to achieve renewed growth and profitability

ir_statement / Sep 16, 2026 / receipt

Our modular design approach saves costs and allows us to build products to meet customer demands

ir_statement / Sep 15, 2026 / receipt

Thoroughly streamlined the organization for maximum operating leverage and better margins

ir_statement / Sep 15, 2026 / receipt

Thoroughly streamlined the organization for maximum operating leverage and better margins

ir_statement / Sep 15, 2026 / receipt

Thoroughly streamlined the organization for maximum operating leverage and better margins

ir_statement / Sep 15, 2026 / receipt

Our modular design approach saves costs and allows us to build products to meet customer demands

ir_statement / Sep 15, 2026 / receipt

Thoroughly streamlined the organization for maximum operating leverage and better margins

ir_statement / Sep 15, 2026 / receipt

Thoroughly streamlined the organization for maximum operating leverage and better margins

ir_statement / Sep 15, 2026 / receipt

With a lower cost base, we are well positioned to achieve renewed growth and profitability

ir_statement / Sep 15, 2026 / receipt

SkyEMS 3.0, as I mentioned, is built from ground up with AI embedded in it. And it's not just managing the battery analytics. It's also managing the entire energy matrix. | Target sales prospects invo

company_statement / Aug 20, 2026 / receipt, needs a key

Another initiative I mentioned last quarter was optimizing our sales team and launching aggressive new marketing programs. These programs are aimed at diversifying our customer base so we are less dep

company_statement / Aug 20, 2026 / receipt, needs a key