Related-Party Transactions

6 Months Ended

Jun. 30, 2024

Related Party Transactions [Abstract]

Related-Party Transactions

NOTE 11. RELATED-PARTY TRANSACTIONS

A member of the Board serves on the board of directors of a SmartRent customer. For the three months ended June 30, 2024 and 2023, the Company earned revenue from this customer of $618 and $474, respectively. For the six months ended June 30, 2024 and 2023, the Company earned revenue from this customer of $1,298 and $1,488, respectively. As of June 30, 2024 and December 31, 2023, the Company had receivables due from this customer of $397 and $1,352, respectively. All business dealings with the customer were entered into in the ordinary course of business and the arrangements are on terms no more favorable than terms that would be available to unaffiliated third parties under the same or similar circumstances.