Operating expenses, including travel and other costs, total $23.25 million, or 11.7% of revenue, an increase of approximately 1.1 percentage points year over year.

Aug 26, 2025 / CFO / receipt, needs a key / Ms. Ju Cong, CFO | earnings call 2025-08-26 | transcript 30e08908-17fc-411f-a693-33500d07116d | chars 7875-8038 | segment 7