Related Party Transactions

6 Months Ended

Jun. 30, 2022

Related Party Transactions

Related Party Transactions

16.          Related Party Transactions:

The Company made sales to a customer where a member of our Board of Directors was formerly an executive. This member of our Board of Directors employment with the customer ended during the three months ended June 30, 2022. During the three months ended June 30, 2022 and 2021, net sales to this customer totaled approximately $0.1 million, respectively. During the six months ended June 30, 2022 and 2021, net sales to this customer totaled approximately $0.2 million, respectively. Amounts due from this customer as of June 30, 2022 and December 31, 2021 were less than $0.1 million and zero, respectively, which were settled in cash subsequent to each period end.

The Company made sales to a customer where a family member of one of our executives has a minority ownership position. During the three months ended June 30, 2022 and 2021, net sales to this customer totaled approximately $0.7 million and zero, respectively. During the six months ended June 30, 2022 and 2021, net sales to this customer totaled approximately $1.0 million and zero, respectively. Amounts due from this customer as of June 30, 2022 and December 31, 2021 were approximately $0.2 million and $0.2 million, respectively, which were or are expected to be settled in cash subsequent to each period end. The Company also had accrued referral fees that it owed to this customer totaling $0.1 million as of December 31, 2021, which were settled in cash subsequent to the period end.