Related Parties

6 Months Ended

Jun. 30, 2022

The Company sells units to an entity owned by a member of the CEO/President's immediate family. This entity is also one of the Company’s Representatives and as such, the Company makes payments to the entity for third party products. Additionally, the Company purchases some supplies from entities controlled by two of the Company’s board members and the Company sometimes makes sales to a board member for parts. From December 10, 2021 through May 31, 2022 (Note 3), the Company leased a manufacturing and office facility in Redmond, Oregon from an entity in which certain members of BasX management have an ownership interest. This facility was purchased 100% by the Company on May 31, 2022.

The following is a summary of transactions and balance with affiliates:


	Three Months Ended				Six Months Ended
	June 30, 2022		June 30, 2021		June 30, 2022		June 30, 2021
	(in thousands)
Sales to affiliates	$	2,327	$	246	$	3,079	$	812
Payments to affiliates	639		57		1,003		130

					June 30, 2022		December 31, 2021
					(in thousands)
Due from affiliates					$	1,180	$	547
Due to affiliates					—		—