Annual report pursuant to Section 13 and 15(d)

Related party transactions

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Related party transactions
12 Months Ended
Dec. 31, 2023
Related Party Transactions [Abstract]  
Related party transactions

Note 14 – Related party transactions

 

Director Fees

 

The Company pays quarterly board of director fees. Board of director fees totaled $0.3 million during the years ended December 31, 2023 and 2022. As of December 31, 2023 and 2021, $0.1 million of these director fees were in accounts payable on the Consolidated Balance Sheets, respectively.

 

Marketing Support Services

 

On March 7, 2023, the Company entered into an agreement with Believeco to provide marketing support services for an interim period. A member of the Company’s board of directors is a partner at Believeco. As of December 31, 2023 marketing expense related to Believeco totaled $0.4 million of which $0.1 million is included within Accounts Payable.