Related party transactions

6 Months Ended

Jun. 30, 2022

Related party transactions

Related party transactions

13. Related party transactions

The Company has entered into the Founder Royalty Agreement, as amended, with its founders and initial investors (Note 11). No royalties have been earned or paid under the Founder Royalty Agreement, as amended, to date.

The Chairman of the Company’s board of directors is associated with Stone Sunny Isles Inc., and Stone Atlanta Estates LLC, the successor-in-interest to Stone Sunny Isles, which provided consultancy services to the Company totaling $0.1 million and $0.1 million during the three and six months ended June 30, 2022, respectively, and $44,000 and $0.1 million during the three and six months ended June 30, 2021, respectively.