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