Quarterly report pursuant to Section 13 or 15(d)

Note 17 - Related Party Transactions

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Note 17 - Related Party Transactions
9 Months Ended
Sep. 30, 2024
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]

17.         Related Party Transactions:

 

The Company made sales to a customer where a family member of one of our executives previously had a minority ownership position. The minority ownership position terminated during the nine months ended September 30, 2024. During the three months ended September 30, 2024, there were no sales to this customer prior to the ownership position termination. During the three months ended September 30, 2023, net sales to this customer totaled approximately $0.3 million. During the nine months ended September 30, 2024 and 2023, net sales to this customer totaled approximately $0.7 million and $1.3 million, respectively. Amounts due from this customer as of  September 30, 2024 and  December 31, 2023 were zero and less than $0.1 million, respectively, which was settled in cash subsequent to each period end.