Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions

v3.22.1
Related Party Transactions
3 Months Ended
Mar. 31, 2022
Related Party Transactions [Abstract]  
Related Party Transactions

10. Related Party Transactions

 

Operating Leases

 

In 2015, the Bangladesh subsidiary entered into agreements to rent office facilities under 10-year operating lease agreements (Note 9), with a company owned by relatives of the Company’s Director and Chief Strategy Officer. The Company paid $0.1 million and $0.1 million to the related party during the three months ended March 31, 2022 and 2021, respectively, which is included as rent expense. At March 31, 2022, $6,000 was owed to the related party and at March 31, 2021, there were no amounts owed to the related party.