XML 34 R19.htm IDEA: XBRL DOCUMENT v3.19.1
13. Related party transactions
12 Months Ended
Dec. 31, 2018
Related Party Transactions [Abstract]  
Related party transactions

Note 13 – Related party transactions

 

Lifeway obtains consulting services from the Chairperson of its Board of Directors. Fees earned by the Chairperson are included in general and administrative expenses in the accompanying consolidated statements of operations and were $1,000 during the years ended December 31, 2018 and 2017, respectively.

 

Lifeway is also a party to a royalty agreement with the Chairperson under which we pay the Chairperson a royalty based on the sale of certain Lifeway products, not to exceed $50 in any fiscal month. Royalties earned by the Chairperson are included in selling expenses in the accompanying consolidated statements of operations and were $587 and $600 during the years ended December 31, 2018 and 2017, respectively.