Sales and marketing expense was $46 million, or 72% of net sales, compared to $48 million, or 49% of net sales in the prior year period. The decrease was primarily driven by our cost reduction initiatives, which resulted in lower compensation, travel, and meeting expenses. We also incurred lower commission expenses due to lower sales.

Jul 29, 2026 / CFO / receipt, needs a key / Doug Rice, CFO | earnings call 2026-07-29 | transcript a27c8e7f-f84c-482b-8d62-66bd2b230ca7 | chars 18729-19065 | segment 19