Selling general and administrative expense for the fourth quarter was $27.9 million, with 34.7% of revenues, which was modestly higher than Q3, reflecting hiring for the new organizational structure and higher travel and commission costs.

Feb 11, 2026 / receipt, needs a key / Bill Clancy, CFO | earnings call 2026-02-11 | transcript 718c6d9d-eed9-408c-83f9-a5bb798243e5 | chars 12223-12461 | segment 12

The decrease in SG&A is mainly due to lower commissions and travel.

May 6, 2025 / receipt, needs a key / Bill Clancy, CFO | earnings call 2025-05-06 | transcript b0306251-7ea3-401d-958b-a60695265938 | chars 7887-7954 | segment 8

The increase in SG&A of $1.3 million was mainly attributable to $1.2 million for wage and headcount increases, $300,000 for travel, $200,000 of commissions, and $300,000 of other costs, partially offset by $500,000 of bonus reserve adjustments and $200,000 of positive foreign exchange rate effects.

Nov 7, 2023 / receipt, needs a key / Bill Clancy, CFO | earnings call 2023-11-07 | transcript 1db0c4bd-6636-44c1-a3dc-3695a861b5e8 | chars 11334-11633 | segment 11

The increase in SG&A of $900,000 was mainly attributable to $700,000 for wage increases, $300,000 for travel, $300,000 of commissions, and $100,000 of other costs, partially offset by $500,000 of positive foreign exchange rates.

Aug 8, 2023 / receipt, needs a key / Bill Clancy, CFO | earnings call 2023-08-08 | transcript 15fed9cf-26eb-4934-9c45-0fa2a018ca0f | chars 11657-11885 | segment 11

The sequential increase in SG&A of $1.2 million mainly relates to $600,000 for commissions, $300,000 for travel, and $300,000 for other expenses.

Feb 15, 2023 / receipt, needs a key / Bill Clancy, CFO | earnings call 2023-02-15 | transcript 2d4b43ce-86b8-46b8-ac8a-e22393e285f6 | chars 11619-11764 | segment 12

The increase in SG&A of $700,000 mainly relates to $600,000 for headcount and wage increases, $500,000 of fees, $400,000 for travel, and $400,000 of other costs, partially offset by $1.2 million of positive foreign exchange rates.

Nov 8, 2022 / receipt, needs a key / Bill Clancy, CFO | earnings call 2022-11-08 | transcript c80581cb-d35f-4a71-94c1-c9b7b93ee321 | chars 11463-11693 | segment 11

The increase in SG&A of $3.4 million mainly relates to $2.3 million reflecting a full quarter of DTS expenses, $400,000 for travel, $400,000 of wage increases, and $300,000 related to sales commissions.

Aug 9, 2022 / receipt, needs a key / Bill Clancy, CFO | earnings call 2022-08-09 | transcript 89af3887-f55d-4696-8639-0195153f0830 | chars 9866-10068 | segment 9

The increase in SG&A of $1.5 million mainly relates to $600,000 for stock compensation expense, $500,000 for increase in working days, and $400,000 of travel and commissions.

Feb 16, 2022 / receipt, needs a key / Bill Clancy, CFO | earnings call 2022-02-16 | transcript 9b2f3314-d58b-4edf-a9b7-b1a6b9406468 | chars 17618-17792 | segment 18

And then there were some other, I would say, cost-related, for example, Marcom and others due to travel restrictions that the company were not able to meet. to do in 2020, which should go back to a more normalized level.

Feb 17, 2021 / receipt, needs a key / Steve Cantor, CEO | earnings call 2021-02-17 | transcript 88ea70e9-ae11-455a-a820-815a525432b1 | chars 33012-33232 | segment 33

As we put in place measures to protect our employees and our customers, these measures included workplace distancing and enabling employees to work remotely if their job permits it, restricting travel as well as cost control, such as salary freezes.

Feb 17, 2021 / receipt, needs a key / Ziv Shoshani, CEO | earnings call 2021-02-17 | transcript 88ea70e9-ae11-455a-a820-815a525432b1 | chars 2446-2695 | segment 2

I mean, COVID is not completely off, but the expectation is definitely that we should see much more intensive traveling in the second half of the year, hopefully as things are getting more to a normalized level.

Feb 17, 2021 / receipt, needs a key / Steve Cantor, CEO | earnings call 2021-02-17 | transcript 88ea70e9-ae11-455a-a820-815a525432b1 | chars 32800-33011 | segment 32