Related party transactions

9 Months Ended

Sep. 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 Inc., which provided consultancy services to the Company totaling $43,000 and $0.2 million during the three and nine months ended September 30, 2022, respectively, and $43,000 and $0.1 million during the three and nine months ended September 30, 2021, respectively.