XML 24 R14.htm IDEA: XBRL DOCUMENT v3.22.2.2
8 Legal Proceedings
9 Months Ended
Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]  
8 Legal Proceedings

8 Legal Proceedings

 

We are subject to certain claims and litigation in the ordinary course of business. It is the opinion of management that the outcome of such matters will not have a material adverse effect on our consolidated financial position, results of operations or cash flows.

 

In October 2014, Ronald Burkhard, XAs former Executive Chairman and former member of the Company's Board of Directors filed a lawsuit in the Supreme Court of the State of New York, County of New York, alleging breach of his employment contract and seeking approximately $695,000 in damages. This lawsuit, where a judgement was entered against the Company for approximately $775,000, was settled with Burkhard for $105,000. In November and December of 2018 the Company paid Burkhard the amount due from this settlement.