Company: GOLD
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0000950170-25-016909
Chunk: 148

Company: Gold.com, Inc.
Filing Date: 2025-02-10
Form: 10-Q
Item: Item 8
Chunk 148
---
 not included in the same year-ago period, as they were not yet consolidated subsidiaries.

    in thousands

    Six Months Ended December 31,
     
    2024

    2023

    Change

    $

    % of revenue

    $

    % of revenue

    $

    %

    Selling, general, and administrative expenses
     
    $
    (52,371
    )

    (0.960
    %)

    $
    (44,241
    )

    (0.969
    %)

    $
    8,130

    18.4
    %

Selling, general, and administrative expenses for the six months ended December 31, 2024 increased $8.1 million, or 18.4%, to $52.4 million from $44.2 million in 2023. The change was primarily due to: (i) an increase in compensation expense (including performance-based accruals) of $3.1 million, (ii) an increase in advertising costs of $1.6 million, (iii) an increase in consulting and professional fees of $1.5 million, (iv) an increase in facilities expense of $0.8 million, (v) an increase in insurance costs of $0.3 million, and (vi) an increase in information technology costs of $0.2 million. Selling, general and administrative expenses for the six months ended December 31, 2024, include $10.5 million of expenses incurred by LPM and SGB, which were not included in the same year-ago period, as they were not yet consolidated subsidiaries.

Depreciation and Amortization Expense

    in thousands

    Three Months Ended December 31,
     
    2024

    2023

    Change

    $

    % of revenue

    $

    % of revenue

    $

    %

    Depreciation and amortization expense
     
    $
    (4,639
    )

    (0.169
    %)

    $
    (2,811
    )

    (0.135
    %)

    $
    1,828

    65.0
    %

Depreciation and amortization expense for the three months ended December 31, 2024 increased $1.8 million, or 65.0%, to $4.6 million from $2.8 million in 2023 primarily due to