Crossflo
Selling, general and administrative expenses for the three months ended February 28, 2009 consist of approximately $627,000 of payroll and related expenses for the sales and administrative employees, approximately $32,000 of travel and related expenses for the sales employees, approximately $9,000 for sales commissions, approximately $10,000 for sales consultants, and approximately $40,000 for rent expense. For the three months ended February 28, 2009, approximately $16,000 of non-cash compensation was recorded in connection with vesting of employee stock options in accordance with SFAS 123(R).
Be well