So four-year profitability was primarily driven by three factors. First, the continuous datability of our core platform business. Second, the initial revenue contribution from AI-related products and applications. Third, disciplined expense management and the realization of operating leverage.

Mar 2, 2026 / receipt, needs a key / Alex Yang, CFO | earnings call 2026-03-02 | transcript d47c5604-08d7-43fc-b2fe-f87dc8afd62a | chars 9432-9726 | segment 9

Sequentially, our operation expenses in this Q3 increased by approximately $2.3 million compared to Q2, primarily due to typical fluctuation in items on the expenses side and income side, such as tax refunds. as revenue growth year-over-year will adjust the budget according to as needed. Other non-personal operation expenses, such as marketing and travel, has remained at a relatively balanced level. Overall, we remain committed to the efficient and focused business expansion to maximize and stabilize 2S profitability at this stage.

Nov 18, 2024 / receipt, needs a key / Alex Yang, CFO | earnings call 2024-11-18 | transcript f849a75a-7048-4e0a-9906-e1d4bf15e343 | chars 17838-18375 | segment 18

Travel-related expenses also decreased 20.4% year-over-year.

Nov 29, 2023 / receipt, needs a key / CFO, CFO | earnings call 2023-11-29 | transcript 30cec84a-044d-4a9d-8145-922907ee7de7 | chars 23215-23275 | segment 23

Travel-related expenses were nearly flat year-over-year and decreased sequentially.

Aug 23, 2023 / receipt, needs a key / CFO, CFO | earnings call 2023-08-23 | transcript da14ee4f-8a3b-4ec5-ad31-2c2195faf7f9 | chars 24989-25072 | segment 25

Our voice control products have experienced an over 90% year-over-year round of growth in Q1, and we'll continue to target different market segments and regions with tailored products. For example, we will enter the cost-effective market with our RT-NOAS-based essential control products, expand our downstream brand channels with smart voice products, and a focus on smart commercial scenarios such as hotels, commercial lighting, and smart homes with our speaker capabilities. Taking smart voice enable world-sharing example. Our world solution with its core health and fitness monitoring software features and the integration of 3D IoT OS and Alexa building capabilities can serve as a substitute for smart speakers in certain scenarios. in Q1 and received a positive response in the young brand market in Japan.

Jun 7, 2023 / receipt, needs a key / Jerry Wang, CEO | earnings call 2023-06-07 | transcript e5d324a6-5d22-44c9-989a-4773c50ae1dd | chars 14009-14824 | segment 13

Travel-related expenses increased by about 40% year-over-year due to the very low comparison base in Q1 2022 during the pandemic resurgence. But the expense amount remained well controlled within the expected range.

Jun 7, 2023 / receipt, needs a key / Jesse, CFO | earnings call 2023-06-07 | transcript e5d324a6-5d22-44c9-989a-4773c50ae1dd | chars 27213-27428 | segment 26

In addition, except for specific necessary professional service expenses, such as certification, compliance, and legal fees, we will continue to adopt a more strict and cautious approach towards non-labor expenses, such as marketing and travel expenses, to ensure that expenses remain in line with our targets.

Mar 1, 2023 / receipt, needs a key / other, other | earnings call 2023-03-01 | transcript 480f69fe-0a8c-48c8-9930-6cb5cee9cf16 | chars 37973-38283 | segment 38

We made tremendous efforts to reduce costs and carry out efficiency management across many functions, such as refining R&D projects, controlling cloud costs, managing market expenses and lease acquisitions, travel and entertainment expenses, inventory, and fixed assets to improve our operating efficiency.

Mar 1, 2023 / receipt, needs a key / Jerry Wong, CEO | earnings call 2023-03-01 | transcript 480f69fe-0a8c-48c8-9930-6cb5cee9cf16 | chars 7047-7353 | segment 7

In addition, we have raised the bar on our employees' business travel requirements. They are now required to provide a clear explanation of the purpose, duration, expected outcomes of their trips, and undergo a review afterwards to ensure that travel costs are creating value and not spurring out of control. Additionally, every team leader is responsible for these outcomes.

Mar 1, 2023 / receipt, needs a key / other, other | earnings call 2023-03-01 | transcript 480f69fe-0a8c-48c8-9930-6cb5cee9cf16 | chars 25622-25997 | segment 26

Expenses such as T&E and the marketing expenses are now under strict control.

Nov 9, 2022 / receipt, needs a key / Mr. Wang, other | earnings call 2022-11-09 | transcript aac01afd-1140-4377-b670-78c13b5c14f5 | chars 44089-44166 | segment 44

Sales and marketing expense also include costs for business development-related travel and meeting with customers as the world reopened to strengthen good faith cooperation and well-trusted relationships with our customers.

Aug 18, 2021 / receipt, needs a key / CEO, CEO | earnings call 2021-08-18 | transcript e621f1d8-36a2-443f-8298-9cef1d3cfc47 | chars 25898-26121 | segment 25