Related Party Disclosures (Tables)

3 Months Ended

Mar. 31, 2023

The following table presents significant related party transactions where a third party receives services from the Company:


	Total Transaction Value		Revenue						Due From Related Party
		Three Months Ended March 31,				March 31, 2023			December 31, 2022
Services				2023				2022
	(dollars in thousands)
Marketing and advertising services (1)	Continuous (7)			$	694	$	—			$	1,043	$	1,029
Marketing and advertising services (2)	$3,576 and Continuous (7)			378		564				5,939		4,831
Marketing and website development services (3)	$5,884 and Continuous (7)			778		2,468				—		488
Polling services (4)	$1,123			89		48				—		280
Polling services (5)	$683			39		—				158		—
Polling services (6)	$3,450			—		164				—		—



Total				$	1,978	$	3,244			$	7,140	$	6,628

(1) A member of the Company’s board of directors holds an executive leadership position or is on the board of directors of the client.

(2) Brands’ partners and executives either hold a key leadership position in or are on the board of directors of the client.

(3) Client has a significant interest in the Company.

(4) A family member of the Company’s Chief Executive Officer holds a key leadership position in the client.

(5) A family member of the Company’s President holds a key leadership position in the client.

(6) Founder of the client has significant interest in the Company.

(7) Certain of the contractual arrangements within these transactions were entered into for an indefinite term and are invoiced as services are provided, while others have a fixed definitive contract value.

In 2019, a Brand entered into a loan agreement with a third party who holds a minority interest in the Brand. The loan receivable of $3.1 million and $3.6 million due from the third party is included within Other current assets in the Company’s Unaudited Consolidated Balance Sheets as of March 31, 2023 and December 31, 2022, respectively. The Company recognized $0.1 million and $0.1 million for the three months ended March 31, 2023 and 2022, respectively, of interest income within Interest expense, net on its Unaudited Consolidated Statements of Operations.n 2021, the Brand entered into an arrangement to obtain sales and management services from the same third party. Under the arrangement, the Brand has incurred $0.2 million and $0.1 million of related party expense for the three months ended March 31, 2023 and 2022, respectively. As of March 31, 2023 and December 31, 2022, $0.8 million and $1.4 million, respectively, was due to the third party.