Selling and marketing expenses increased 10.5% to $3 million, reflecting additional sales resources and higher travel costs.

Aug 4, 2026 / CFO / receipt, needs a key / Barry Steele, CFO | earnings call 2026-08-04 | transcript 8ca4139f-4ac0-4421-8672-e207d8e419be | chars 9286-9410 | segment 9

The increase also was the result of a one-time 600,000 unfavorable adjustments made in 2024 to correct an immaterial error in our travel accrual.

Aug 5, 2025 / CFO / receipt, needs a key / Barry Steele, CFO | earnings call 2025-08-05 | transcript 4cb9e136-d682-4b51-a29d-7790a2a0fbca | chars 11759-11904 | segment 11

Other contributors to the higher rate include limitations on the deductibility of reimbursed meals for our travel teams and officers' compensation, and impacts for local and foreign income taxes for jurisdictions where we do business.

Mar 4, 2025 / CFO / receipt, needs a key / Barry Steele, CFO | earnings call 2025-03-04 | transcript b8543193-5d7b-48f8-ac6e-58a4756de365 | chars 9690-9924 | segment 10