Those expense lines are explained.....except for the "cost of sales". That is where the efficiency needs to improve. It is burning about the same % of the profit as one year ago......
Is there where the "manufacturing" issue comes into play.
On a brighter note...I was expecting bigtime dilution. Don't see that recently....but obviously more diluted than 1 year ago. I don't know how they can turn on the dilution machine at the same time as a share buyback.