MAC Copper's operating expenses in Q1 2023 were not provided. However, we can infer trends from similar data points:
- Comparison with Other Companies: Kaival Brands, which is the exclusive distributor of products manufactured by Bidi Vapor, reported operating expenses for Q1 2023 that included advertising and promotion fees, non-cash stock option expense, and professional fees, totaling approximately $2.6 million1. This is significantly higher than the reported operating expenses of Copper Mountain Mining, which were not provided for Q1 2023. Copper Mountain Mining's full-year 2022 operating expenses were $301.5 million, with quarterly revenues of $90.3 million in Q4 20222.
- Trend Analysis: The trend in Copper Mountain Mining's operating expenses for Q4 2022 was not provided. However, their full-year 2022 operating expenses suggest a higher overall expenditure compared to MAC Copper's undisclosed Q1 2023 expenses. This could indicate that MAC Copper's operating expenses in Q1 2023 were potentially lower than those of Copper Mountain Mining, assuming a similar scope of operations.
In conclusion, without specific data, it's not possible to definitively state the trend of MAC Copper's operating expenses in Q1 2023. However, comparison with other companies' reported figures suggests that MAC Copper's expenses may have been lower based on available data points.