In Q4'25, BBAI's operating expenses reached a total of approximately 30.5M USD, with SG&A Expenses comprising the majority at 25.7M USD and R&D Expenses contributing 4.8M USD, marking a quarterly increase driven primarily by higher administrative costs. From Q1'23 to Q4'25, total operating expenses exhibited volatile growth, rising from about 21.5M USD to 30.5M USD overall, with SG&A consistently dominating at 15.5M-25.7M USD per quarter and showing an upward trend after a dip in Q3'23 (15.5M USD). R&D Expenses fluctuated significantly, including an anomalous negative value of -0.3M USD in Q3'23, before climbing steadily to 4.8M USD by Q4'25, reflecting potential adjustments or reclassifications in earlier periods amid expanding operations. The stacked bar chart highlights SG&A as the primary cost driver, with total expenses peaking in Q2'24 (27.0M USD) and Q3'25 (28.7M USD), underscoring the need for cost management to support scalability in BBAI's AI-focused business.