RELATED PARTY TRANSACTIONS
|6 Months Ended|
Jun. 30, 2022
|RELATED PARTY TRANSACTIONS|
|RELATED PARTY TRANSACTIONS||
11. RELATED PARTY TRANSACTIONS
The Company leases 4 distribution warehouses and retail stores from certain employees. The Company recorded rent expense related to these leases of $112 and $142 for the three months ended June 30, 2022 and 2021, respectively, and $234 and $295 for the six months ended June 30, 2022 and 2021, respectively. Rent expense related to these leases is included in related party expense in the Company’s consolidated statements of operations and comprehensive income (loss).
During the six months ended June 30, 2022, the Company made the following payments to Kanders & Company, Inc., a company controlled by Warren Kanders, our Chief Executive Officer:
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