Company: GOLD
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0000950170-25-016909
Chunk: 161

Company: Gold.com, Inc.
Filing Date: 2025-02-10
Form: 10-Q
Item: Item 8
Chunk 161
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Selling, general and administrative expenses for the three months ended December 31, 2024 increased $0.8 million, or 7.9%, to $11.4 million from $10.6 million in 2023. The change was primarily due to: (i) higher consulting and professional fees of $0.8 million and (ii) an increase in facilities expense of $0.2 million, partially offset by (iii) a decrease in compensation expense (including performance-based accruals) of $0.3 million and (iv) a decrease in advertising costs of $0.2 million. Selling, general and administrative expenses for the three months ended December 31, 2024 include expenses incurred by LPM which were not included in the same year-ago period as LPM 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
     
    $
    (24,142
    )

    (0.549
    %)

    $
    (21,164
    )

    (0.547
    %)

    $
    2,978

    14.1
    %

Selling, general, and administrative expenses for the six months ended December 31, 2024 increased $3.0 million, or 14.1%, to $24.1 million from $21.2 million in 2023. The change was primarily due to: (i) an increase in compensation expense (including performance-based accruals) of $1.3 million, (ii) higher consulting and professional fees of $1.0 million, (iii) an increase in facilities expense of $0.5 million, partially offset by (iv) a decrease in advertising costs of $0.2 million. Selling, general, and administrative expenses for the six months ended December 31, 2024 include expenses incurred by LPM which were not included in the same year-ago period as LPM was not yet a consolidated subsidiary.

Depreciation and Amortization Expense — Wholesale Sales & Ancillary Services

    in thousands

    Three Months Ended December 31,
     
    2024
     
    2023
     
    Change

    $

    %