CEA Industries(CEAD) - 2023 Q2 - Earnings Call Transcript

Ian Patel Operating expenses in the second quarter decreased 62% to approximately $800,000, compared to $2.1 million the year ago quarter. The decrease was primarily driven by lower product development expenses, reduced personnel and marketing costs as well as a $632,000 goodwill impairment that occurred in the year ago period. Thank you, Ian. Operator Question: Are you planning to report updates on the strategic alternatives? And if so, how frequently? Question: Has your ability to win new contracts been i ...