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Borrowings
9 Months Ended
Sep. 30, 2022
Subordinated Borrowings [Abstract]  
Borrowings

12. Borrowings

 

As part of the Smarteq acquisition, the Company assumed a five-year euro-denominated loan of approximately $0.1 million with an interest rate of 0.57% and originally due in monthly installments from June 2022 until May 2026. The loan was part of a program from the French Ministry of Economy and Finance as financial support for French businesses during the COVID-19 pandemic. In September 2022, the Company repaid the principal and interest due on the loan.