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Certain Relationships and Related Transactions
12 Months Ended
Dec. 31, 2021
Related Party Transactions [Abstract]  
Certain Relationships and Related Transactions

(14) Certain Relationships and Related Transactions

 

The Company has an employment agreement with its NEOs and has granted its NEOs and directors options to purchase its common stock. Please see details of these Employment Agreements in Note 10 - Employment Agreements.

 

As set forth in Section 5 of Mr. Equels employment agreement, Mr. Equels is entitled to reimbursement for the premiums for a $3,000,000 life insurance policy. As of December 31, 2021, Mr. Equels was due $19,420 for 2022 premiums.