Related Parties

12 Months Ended

Dec. 31, 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 a member of the Company's executive management team. The Company also periodically makes sales to a board member for parts. From December 10, 2021 through May 31, 2022 (Note 4), 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.

Following is a summary of transactions and balances with affiliates:


	Years Ended December 31,
	2022		2021		2020
	(in thousands)
Sales to affiliates	$	5,789	$	3,752	$	3,475
Payments to affiliates	1,318		185		256

			December 31,
			2022		2021
			(in thousands)
Due from affiliates			$	432	$	547