Transactions with Related Parties

6 Months Ended

Jun. 30, 2023

Related Party Transactions [Abstract]

Transactions with Related Parties

19. TRANSACTIONS WITH RELATED PARTIES

During the three and six months ended June 30, 2023 and 2022, related party transactions, other than compensation and similar arrangements in the ordinary course of business, were as follows:

i.Pietro Calogero, the son of the Company’s Chief Executive Officer, Dario Calogero, is an employee within the research and development team of Kaleyra S.p.A. Mr. Pietro Calogero received salary and benefits in the amount of $15,000 and $27,000, respectively, in the three and six months ended June 30, 2023 ($18,000 and $28,000, respectively, in the three and six months ended June 30, 2022); and

ii.Lynrock Lake LP, which has disclosed a greater than 10% beneficial ownership position in the Company, as reported in the Form 13G/A filed by Lynrock Lake LP with the SEC on February 14, 2023, is party to the Company’s Merger Convertible Note.

The following table presents the expenses for transactions with related parties reported in the condensed consolidated statements of operations (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Research and development	$	15	$	18	$	27	$	28
Sales and marketing		—		57		—		113
General and administrative		—		—		—		12