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Related Party Transactions
3 Months Ended
Mar. 31, 2022
Related Party Transactions [Abstract]  
Related Party Transactions Related Party Transactions
Revolving Credit Facility Commitment Letter with SIS Holdings
On March 29, 2022, Legacy Appgate and SIS Holdings, our controlling stockholder, owning approximately 89% of our issued and outstanding common stock, entered into a commitment letter, pursuant to which SIS Holdings agreed to
provide to Legacy Appgate, subject to the satisfaction of the terms and conditions contained therein, a subordinated revolving credit facility in an aggregate principal amount of $50.0 million. As defined and described in Note 17, we entered into the Revolving Credit Agreement on April 26, 2022.

Commercial Related Person Transactions with Cyxtera
As of and for the three months ended March 31, 2022, three members of our Board of Directors also served on the board of directors of Cyxtera and, as of March 23, 2022, SIS Holdings owned approximately 61.5% of Cyxtera’s outstanding common stock. Our most significant related party relationships and transactions are with Cyxtera, the Management Company, SIS Holdings and certain of the equity owners of SIS Holdings. Those relationships and transactions are described in Note 3. In addition, Legacy Appgate maintains a number of ordinary course commercial relationships, both as a customer and service provider, with Cyxtera.
For instance, for the three months ended March 31, 2022 and 2021, Cyxtera purchased certain cybersecurity products and services from Legacy Appgate, including licenses for Legacy Appgate cybersecurity software and training. During the three months ended March 31, 2022 and 2021, the revenue recognized by Legacy Appgate from these licenses was insignificant. There were no open receivables from Cyxtera (and/or its subsidiaries) as of March 31, 2022 and December 31, 2021.
During the three months ended March 31, 2022 and 2021, Cyxtera provided Legacy Appgate certain data center co-location and CXD services. During each of the three months ended March 31, 2022 and 2021, Cyxtera charged Legacy Appgate $0.1 million for those services. As of March 31, 2022 and December 31, 2021, Legacy Appgate had payables to Cyxtera (and/or its subsidiaries) for $0.1 million and $0.2 million, respectively, under these agreements.
Transactions with Director Affiliated Companies

As of and for the three months ended March 31, 2022, two members of our Board of Directors were also members of the board of directors of Chewy, Inc. (“Chewy”), an American online retailer of pet food and other pet-related products, and PetSmart, Inc. (“PetSmart”). During the three months ended March 31, 2022, Legacy Appgate recognized $0.1 million as revenue from its contracts with Chewy (or the channel partner reselling certain cybersecurity products provided to Chewy) (amount was insignificant for the three months ended March 31, 2021). There were no open receivables from Chewy (or the channel partner reselling certain cybersecurity products provided to Chewy) as of March 31, 2022 and December 31, 2021. During the three months ended March 31, 2022, Legacy Appgate charged PetSmart $0.1 million and recognized revenue in the same amount from its contract with PetSmart. Legacy Appgate had a receivable for the same amount as of March 31, 2022. The agreement with PetSmart was executed in 2022, and as such, no charges or revenue were recognized under such agreement in prior periods.
Other Related Party Transactions
CenturyLink Communications, LLC (“CenturyLink”), an approximate 10.4% owner of SIS Holdings and, as a result, an indirect beneficial owner of the Company, is a reseller of certain of our products and services. During the three months ended March 31, 2022 and 2021, Legacy Appgate charged CenturyLink $0.1 million and $0.2 million, respectively, under contracts for certain cybersecurity products provided by Legacy Appgate to CenturyLink for resale by CenturyLink to end users. During the three months ended March 31, 2022 and 2021, Legacy Appgate recognized $0.3 million and $0.1 million, respectively, as revenue from these contracts. As of March 31, 2022 and December 31, 2021, we had receivables from CenturyLink for $0.1 million and $0.3 million, respectively, under these agreements.