Related Party Transactions

9 Months Ended

Jun. 30, 2022

14.	Related Party Transactions

In accordance with agreements approved by the Board, we purchased inventory, in conjunction with our retail sale of the products, from certain entities affiliated with common members of the Company. Total purchases incurred under these arrangements were $14.7 million and $27.5 million for the three months ended June 30, 2022 and 2021, respectively, and $72.9 million and $63.9 million for the nine months ended June 30, 2022 and 2021, respectively.

In accordance with agreements approved by the Board, certain entities affiliated with common members of the Company receive fees for rent of commercial property. Total expenses incurred under these arrangements were $0.7 million and $0.5 million for the three months ended June 30, 2022 and 2021, respectively, and $2.0 million and $1.6 million for the nine months ended June 30, 2022 and 2021, respectively.

In accordance with agreements approved by the Board, the Company received fees from certain entities and individuals affiliated with common members of the Company for goods and services. Total fees recorded under these arrangements were $0.5 million and $0.4 million for the three months ended June 30, 2022 and 2021, respectively, and $5.4 million and $1.8 million for the nine months ended June 30, 2022 and 2021, respectively.

In accordance with agreements approved by the Board, the Company made payments to certain entities and individuals affiliated with common members of the Company for goods and services. Total payments recorded under these arrangements were $0.1 million for the three months ended June 30, 2020, and $0.2 million and $0.1 million for the nine months ended June 30, 2022 and 2021, respectively.

In connection with transactions noted above, the Company owed $0.7 million and $1.0 million as recorded within accounts payable as of June 30, 2022 and September 30, 2021, respectively. Additionally, the Company was due $0.3 million and $32,368 as recorded within accounts receivable as of June 30, 2022 and September 30, 2021, respectively.