Company: GOLD
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0000950170-25-016909
Chunk: 346

Company: Gold.com, Inc.
Filing Date: 2025-02-10
Form: 10-Q
Item: Item 1
Chunk 346
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 an increase in compensation expense (including performance-based accruals) of $0.8 million, (iii) higher consulting and professional fees of $0.5 million, and (iv) an increase in facilities expenses of $0.2 million. Selling, general and administrative expenses for the three months ended December 31, 2024 include expenses incurred by SGB which were not included in the same year-ago period as SGB was not yet a consolidated subsidiary.

    in thousands

    Six Months Ended December 31,
     
    2024
     
    2023
     
    Change

    $

    % of revenue

    $

    % of revenue

    $

    %

    Selling, general, and administrative expenses
     
    $
    (27,649
    )

    (2.616
    %)

    $
    (22,310
    )

    (3.205
    %)

    $
    5,339

    23.9
    %

Selling, general, and administrative expenses for the six months ended December 31, 2024 increased $5.3 million, or 23.9%, to $27.6 million from $22.3 million in 2023. The change was primarily due to: (i) an increase in compensation expense (including performance-based accruals) of $1.8 million, (ii) an increase in advertising costs of $1.7 million, (iii) higher consulting and professional fees of $0.7 million, (iv) an increase in facilities expenses of $0.3 million, and (v) an increase in insurance costs of $0.2 million. Selling, general and administrative expenses for the six months ended December 31, 2024 include expenses incurred by SGB which were not included in the same year-ago period as SGB was not yet a consolidated subsidiary.

Depreciation and Amortization Expense — Direct-to-Consumer

    in thousands

    Three Months Ended December 31,
     
    2024
     
    2023
     
    Change

    $

    % of revenue

    $

    % of revenue

    $

    %

    Depreciation and amortization expense
     
    $
    (3,832
    )

    (0.673
    %)

    $
    (2,410
    )

    (0.650
    %)

    $