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Related Party Transactions (Tables)
6 Months Ended
Jun. 30, 2023
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
The following table sets forth payment guarantees of the Company's obligations as of June 30, 2023 that have been provided by DNI. The amount guaranteed exceeds the principal amounts of outstanding obligations due to collateral requirements by the banks.
GuarantorAmount Guaranteed
(in thousands)
Description of Obligations Guaranteed
Dasan Networks, Inc.$5,471 Payment guarantee to Industrial Bank of Korea
Dasan Networks, Inc.547 Payment guarantee to Shinhan Bank
$6,018 
Net revenue, cost of revenue, operating expense, interest expense, net and other expenses to and from related parties were as follows (in thousands) for the three and six months ended June 30, 2023 and 2022:
Three Months Ended June 30, 2023
CounterpartyNet revenueCost of
revenue
Operating expenseInterest
expense, net
Other
expenses, net
Dasan Networks, Inc.$131 $101 $220 $50 $10 
Three Months Ended June 30, 2022
CounterpartyNet revenueCost of
revenue
Operating expenseInterest
expense, net
Other
expenses, net
Dasan Networks, Inc.$718 $629 $316 $— $16 
Six Months Ended June 30, 2023
CounterpartyNet revenueCost of
revenue
Operating expenseInterest
expense, net
Other
expenses, net
Dasan Networks, Inc.$284 $229 $514 $129 $26 
Six Months Ended June 30, 2022
CounterpartyNet revenueCost of
revenue
Operating expenseInterest
expense, net
Other
expenses, net
Dasan Networks, Inc.$916 $806 $723 $— $33 
Balances of receivables and payables arising from sales and purchases of goods and services with related parties as of June 30, 2023 and December 31, 2022 were included in the following balance sheet captions on the unaudited condensed consolidated balance sheets, as follows (in thousands):
As of June 30, 2023
CounterpartyAccount
receivables
Other
receivables
Loans PayableAccounts
payable
Accrued and other liabilities
Dasan Networks, Inc.$364 $— $3,039 $1,186 $333 
As of December 31, 2022
CounterpartyAccount
receivables
Other
receivables
Loans PayableAccounts
payable
Accrued and other liabilities
Dasan Networks, Inc.$943 $123 $5,706 $1,019 $483