Related Party Transactions

6 Months Ended

Jun. 30, 2022

One of our subsidiaries had amounts due to the seller of the subsidiary, in a prior transaction unrelated to the merger with UpHealth Holdings, representing contingent consideration, accrued interest, and accrued preferred dividends totaling $4.2 million. The amount was paid in full during the three months ended June 30, 2021.

The subsidiary also has a management agreement with a related party (our chief financial officer, who is the former shareholder and chairman of the subsidiary). Management fee expenses incurred were none and approximately $0.1 million for the three and six months ended June 30, 2022 and 2021, respectively. There were no unpaid management fees at June 30, 2022 and December 31, 2021.

The consulting firm noted in Note 8, Debt, is a related party through an officer of the Company, who is also a significant shareholder and a member of our board of directors.

See Note 8, Debt, for related party long-term debt.

See Note 11, Commitments and Contingencies, for leases with related parties.

The Company makes guaranteed payments to related parties. Guaranteed payments aggregated $1.4 million and none for the three months ended June 30, 2022 and 2021, respectively and $2.8 million and none for the six months ended June 30, 2022 and 2021, respectively. These amounts are presented in cost of goods and services in the condensed consolidated statements of operations. We had unpaid guaranteed payments of $0.1 million and $0.3 million as of June 30, 2022 and December 31, 2021, respectively, which is included in accrued liabilities on the condensed consolidated balance sheets.

Due to and due from related parties consisted of the following:


In thousands	June 30, 2022	December 31, 2021
Due from related parties	31	40
Due to related parties	458	47