The increase for the three and nine months was primarily attributable to increases in trade show related expenses. The ISD West Show occurred in Q3 this year as compared to Q4 last year.

May 4, 2026 / receipt, needs a key / Andrew Vono, CFO | earnings call 2026-05-04 | transcript 015273fb-45c3-4b5a-b0c6-893de112f92d | chars 14405-14591 | segment 14

The full-year increase was primarily due to higher commissions associated with increased equipment revenue, higher personnel-related expenses from merit increases and the hiring of additional sales an

company_statement / Aug 24, 2026 / receipt, needs a key

increased technical service costs related to investments in AI solutions to improve customer experience. | They are actively spending on AI for customer experience; pitch your AI-driven support or CX

company_statement / Aug 24, 2026 / receipt, needs a key

As Andy mentioned earlier, our R&D spend increased 10% to $13.8 million. Much of that spend relates to new recurring revenue products. | Pitch software/tooling vendors to their R&D and product teams,

company_statement / Aug 24, 2026 / receipt, needs a key

One of the most exciting of these is MVP, are next generation cloud-based access control platforms built to integrate seamlessly with our locking hardware. MPP creates an entirely new recurring revenu

company_statement / Aug 24, 2026 / receipt, needs a key

Tariff policy, supply chain challenges, and market conditions are still dynamic, but we're not standing still. Our pricing actions are in place, and we continue to diversify distribution, invest in au

company_statement / Aug 24, 2026 / receipt, needs a key