RELATED PARTY TRANSACTIONS

9 Months Ended

Sep. 30, 2016

NOTE 7-RELATED PARTY TRANSACTIONS

BKF Capital Group

We entered into an agreement, dated March 1, 2015, with BKF Capital Group, Inc. (“BKF”). Pursuant to the agreement, commencing on March 1, 2015, BKF occupies and uses one furnished office, telephone and other services, located at our corporate offices for a fee of $1 thousand per month. BKF paid $3 thousand and $3 thousand for the three months ended September 30, 2016 and 2015, respectively. BKF paid us $9 thousand and $7 thousand for the nine months ended September 30, 2016 and 2015, respectively. Steven N. Bronson, our CEO and Chairman, is also the Chairman, CEO and majority shareholder of BKF.

Qualstar Corporation (QBAK)

The Company agreed to reimburse, or be reimbursed by, Qualstar Corporation (“Qualstar”) for our occupation and use of a portion of their Simi Valley manufacturing location and other expenses paid by or on behalf of our Company. Steven N. Bronson, our CEO and Chairman, is also the Chairman and CEO of Qualstar. Transactions with Qualstar are as follows:


	Three months ended September 30,
	2016				2015
	Due from Qualstar		Due to Qualstar		Due from Qualstar		Due to Qualstar
	(in thousands)
Balance at June 30,	$	4	$	3	$	1	$	4

Billed to Qualstar by Interlink		5		—		2		—
Paid by Qualstar to Interlink		(9)		—		(3)		—

Billed to Interlink by Qualstar		—		10		—		15
Paid by Interlink to Qualstar		—		(10)		—		(14)

Balance at September 30,	$	—	$	3	$	—	$	5


	Nine months endedSeptember 30,
	2016				2015
	Due from Qualstar		Due to Qualstar		Due from Qualstar		Due to Qualstar
	(in thousands)
Balance at January 1,	$	—	$	6	$	5	$	2

Billed to Qualstar by Interlink		11		—		13		—
Paid by Qualstar to Interlink		(11)		—		(18)		—

Billed to Interlink by Qualstar		—		30		—		45
Paid by Interlink to Qualstar		—		(33)		—		(42)

Balance at September 30,	$	—	$	3	$	—	$	5