RE:RE:RE:RE:RE:Tropicalsun Gross profit as a percentage of revenue for the three months ended August 31, 2024 was 40%, as compared to 48% for the three months ended August 31, 2023. Gross profit was impacted in the quarter by a large one-time contract recognized during the quarter. The cost of sales comprises primarily of materials and components, manufacturing labour, inventory write-off, warranty expenses, freight and shipping, and other selling costs.
>>> discount given to secure the large Lexington contract?
Operating expenses for the three months ended August 31, 2024 were $3,874,186, as compared to $2,763,223 for the three months ended August 31, 2023, representing a 40% increase. The Company has continued to focus on maintaining lean operating costs as revenue continues to steadily increase. Fluctuations in the percentage G&A expenses to revenue is largely due to variability in revenue over the comparative periods.
>>> cost to operate a data center must be a significant portion of the differential but expenses also increased $600K from Q3, DD needs to give details as to why