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Related Party Transaction
12 Months Ended
Dec. 31, 2021
Related Party Transactions [Abstract]  
Related Party Transaction

(7) Related Party Transaction

On December 10, 2021, the Company entered into a Loan Agreement with EVRYTHNG (the “Loan Agreement”) pursuant to that certain Share Purchase Agreement dated November 15, 2021 relating to the Company’s acquisition of EVRYTHNG. The Loan Agreement provides for a loan facility of $2,000 to EVRYTHNG at an interest rate of 1% per annum. The loan matures on December 9, 2022.

The aggregate outstanding balance of the loan, with accrued interest, was $2,001 as of December 31, 2021.

See Note 16 for information related to the acquisition of EVRYTHNG.