Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions

v3.22.2
Related Party Transactions
6 Months Ended
Jun. 30, 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 June 30, 2022 and 2021, respectively, and $0.2 million and $0.2 million to the related party during the six months ended June 30, 2022 and 2021, respectively, which is included as rent expense. At June 30, 2022 and 2021, the amounts owed to the related party were $5,000 and $7,000, respectively.