RELATED PARTY TRANSACTIONS

12 Months Ended

Dec. 31, 2021

5.	RELATED PARTY TRANSACTIONS

The Company has an agreement with a company owned by a Board member for the use of an asset for corporate and marketing activities. The Company has in 2021 paid a fixed annual fee of $0.2 million, operating cost of $0.5 million and fees associated with actual use. In 2021, 2020 and 2019, the Company recognized an expense of $0.3 million, $0.1 million and $0.3 million, respectively, for utilization of the asset. No amounts were due to the related party as of December 31, 2021 or December 31, 2020.