Selling, general and administrative expenses includes payroll and employee benefits associated with personnel employed in executive, sales and marketing, finance, technology, law, compliance, human resources, vendor management, facilities and risk management roles. This category also includes professional services fees, occupancy costs, marketing costs, depreciation and amortization of non-operating assets and other expenses. The components of selling, general and administrative expenses were as follows:



	Three months ended June 30,				Six months ended June 30,
(in thousands)	2026		2025		2026		2025

Compensation and benefits	$	6,218	$	5,008	$	11,520	$	9,905
Professional services	994		808		2,839		2,428
Amortization of intangible assets	1,423		1,270		2,847		2,540
Occupancy related costs	1,049		866		1,938		1,666
Marketing costs	553		599		1,121		1,126
Depreciation and amortization	10		60		19		124
Other	1,442		1,185		2,791		2,087

Total	$	11,689	$	9,796	$	23,075	$	19,876