Why did KLTO's operating expenses surge in Q4 2024?

Boxlight Corporation (KLTO) experienced a significant decrease in operating expenses in Q4 2024, primarily driven by planned initiatives to reduce costs across all cost groups:

1. **Reduced Employee-Related Expenses**: The company decreased employee-related expenses by $2.0 million.
2. **Lower Occupancy Expense**: Occupancy expense was reduced by $1.1 million.
3. **Decreased Stock Compensation Expense**: Stock compensation expense decreased by $1.2 million.

In summary, KLTO's operating expenses surged in Q4 2024 due to strategic initiatives to reduce costs, including decreasing employee-related expenses, lowering occupancy expense, and reducing stock compensation expense.