General and administrative expenses decreased $3.9 million to $17.5 million in Q2, an 18% decline year over year, primarily due to a decrease in fixed labor costs driven by reduced headcount, lower variable labor costs on lower sales volumes, as well as lower equity-based compensation expense and lower travel, supplies, and insurance costs.

Aug 13, 2025 / CEO / receipt, needs a key / Crystal Lanson, CEO | earnings call 2025-08-13 | transcript cebd3c33-430a-4122-be94-ecaaa2b26137 | chars 18010-18352 | segment 17