Funds spent are further broken down into six categories. The largest categories are for recurring expenses for Technology Development, Public Relations and Marketing, and Operation Costs. The non-recurring costs are smaller and consist of Compliance Costs, Business Development, and Technical Cooperation.
For the 3rd quarter, these category percentages were Technology Development 75.3%, PR and Marketing 17.9%, Operations Costs 2.9%, Compliance Costs 0.0%, Business Development 2.8%, and Technical Cooperation 1.1%. The expenses in BTC for these categories are shown below.