Related Party Transactions

12 Months Ended

Dec. 31, 2021

Related Party Transactions [Line Items]

Related Party Transactions Disclosure [Text Block]

19.  Related Party Transactions

As of December 31, 2021, Unilumin owns 52.0% of the Company’s Common Stock and beneficially owns 53.7% of the Company’s Common Stock.  Nicholas J. Fazio, Yang Liu and Yantao Yu, each directors of the Company, are each directors and/or officers of Unilumin.  The Company purchased $1.5 million and $553,000 of product from Unilumin in the year ended December 31, 2021 and 2020, respectively.  The amount payable by the Company to Unilumin, including accounts payable, accrued interest and long-term debt, was $3.7 million and $231,000 as of December 31, 2021 and 2020, respectively.  In connection with the Unilumin Guarantee in the CMA, the Company issued Warrants to purchase 500,000 shares of the Company’s Common Stock to Unilumin USA at an exercise price of $1.00 per share (see Note 11).