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Referral Fees
12 Months Ended
Dec. 31, 2020
Referral Fees  
Referral Fees
15. Referral Fees

Upon the acquisition of WPS, the Company has agreements with various third parties to share commissions and pay fees as defined in the respective agreements. These expenses were approximately $738,000 and $86,000 for the years ended December 31, 2020 and 2019, which are presented in the line item “Referral fees” in the statement of income.