Related Party Transactions |
6 Months Ended |
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Jun. 30, 2024 | |
Related Party Transactions [Abstract] | |
Related Party Transactions | Related Party Transactions Operating Leases
In 2015, the Company entered into agreements to rent office facilities in Bangladesh under 10-year operating lease agreements (Note 7), with a company owned by relatives of Ian Shakil, the Company's Chief Strategy Officer and a member of the Company's Board. The Company incurred rent expense to this related party of $0 thousand and $101 thousand during the three months ended June 30, 2024 and 2023, respectively, and $70 thousand and $195 thousand during the six months ended June 30, 2024 and 2023, respectively. The amount owed to this related party at June 30, 2024 and December 31, 2023 was $2 thousand and $8 thousand, respectively, and are included in accounts payable in the accompanying consolidated balance sheet. These lease agreements were terminated in the first quarter of 2024. In June of 2024 the Company executed a contract to provide Live, Go and Go Assist to our Chief Medical Officer at zero cost.
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- References No definition available.
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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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