Note 17 - Related Party Transactions |
9 Months Ended |
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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.
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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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