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Related Party Transactions
 3 Months Ended
Mar. 31, 2020
Related Party Transactions [Abstract]  
Related Party Transactions

11. Related Party Transactions

The Company has entered into certain license agreements in which the core licensee is also one of our joint venture partners.  In the case of Sports Direct International plc (“Sports Direct”), the Company maintains license agreements with Sports Direct, but in addition, during FY 2018, the Company entered into a cooperation agreement with Sports Direct that allowed Sports Direct to appoint two members to the Company’s Board of Directors.  The cooperation agreement expired pursuant to its terms during the first quarter of 2019. For the Current Quarter and Prior Year Quarter, the Company recognized the following royalty revenue amounts:

 

 

 

For the Three Months

Ended March 31,

 

 

 

 

2020

 

 

2019

 

 

Joint Venture Partner

 

 

 

 

 

 

 

 

 

M.G.S. Sports Trading Limited

 

 

107

 

 

 

116

 

 

Pac Brands USA, Inc.

 

 

80

 

 

 

28

 

 

Albion Equity Partners LLC / GL Damek

 

 

587

 

 

 

594

 

 

MHMC (1)

 

 

—

 

 

 

7

 

 

Sports Direct International plc

 

 

197

 

 

 

126

 

 

 

 

$

971

 

 

$

871

 

 

 

 

 

 

 

 

 

 

 

 

(1) As detailed in Note 4, as of July 2019, MHMC is no longer a related party.