AQQ » Topics » Corporate general and administrative

This excerpt taken from the AQQ 10-Q filed Aug 8, 2005.
Corporate general and administrative.  The decrease of $464,000, or 20.1%, was in large part due to a decrease in compensation expense of $222,000, primarily due to an overall downsizing of corporate management.  Further, non-recurring costs of $132,000 associated with the Company’s March 2004 reverse stock split were included in during the first six months of 2004.  The decrease was also attributable to a cost reduction related to the printing of the Company’s Annual Report, in addition to other cutting measures implemented by management.

 

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