XML 31 R19.htm IDEA: XBRL DOCUMENT v3.22.2.2
Related Party Transactions
9 Months Ended
Sep. 30, 2022
Related Party Transactions [Abstract]  
Related Party Transactions Related Party Transactions For the three months ended September 30, 2022 and 2021, the Company received no capital contributions from its former parent company, Cricut Holdings. For the nine months ended September 30, 2022 and 2021, the Company received capital contributions of nil and $0.2 million from its former parent company, Cricut Holdings. The equity offering was purchased by a subset of then current common unitholders of Cricut Holdings and employees of the Company.The Company has an active common stock repurchase program that allows for the repurchase of common stock in the open market or in private transactions as described in Note 9. On August 24, 2022 the Company repurchased and retired 250,000 shares of its Class A common stock from a previous executive at a price per share at the market price of $6.47 in a private transaction for a total of $1.6 million.