My apologies. Correction is 42.2%. As I was trying to remember 42% or 44% from reading the financials, my fat fingers slipped a 1 in there. Below is compensation excerpt from the quarterly financials.


Compensation, professional fees, and selling, general and administrative (collectively, “SGA”) expenses for the three months ended June 30, 2020 were $539,000 compared to $379,000 for the three months ended June 30, 2019, an increase of $160,000 or 42.2%. The increase was due primarily to an increase in employee stock-based compensation and professional fees. SG&A expenses consist primarily of salaries, benefits and overhead costs for executive and administrative personnel, insurance, fees for professional services, including consulting, legal, and accounting fees, plus travel costs and non-cash stock compensation expense for the issuance of stock options to employees and other general corporate expenses.