Tony Polak's questions to CLEARONE (CLRO) leadership • Q2 2017
Question
Tony Polak of Aegis Capital asked for clarity on the increase in R&D and G&A expenses and inquired about the objectives of the company's patent infringement lawsuits.
Answer
VP of Finance Narsi Narayanan explained the R&D increase was due to engineering hires and project costs, while the GAAP G&A increase was driven by litigation expenses. CEO Zee Hakimoglu clarified that the lawsuits are not currently seeking damages but aim to stop competitors from selling infringing products and to defend the validity of ClearOne's patents.