Climb Global Solutions Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Related Party Transactions

Related Party Transactions	12 Months Ended
Dec. 31, 2022
Related Party Transactions
Related Party Transactions	12. Related Party Transactions The Company made sales to a customer where a member of our Board of Directors was formerly an executive. This member of our Board of Directors employment with the customer ended during the second quarter of fiscal 2022 and prior to this member of Board of Directors employment ending, net sales to this customer totaled approximately $0.2 million, which was subsequently collected in full. During the year ended December 31, 2021, net sales to this customer totaled $0.3 million and amounts due from this customer as of December 31, 2021 totaled zero. The Company made sales to a customer where a family member of one of our executive’s has a minority ownership position. During the year ended December 31, 2022 and 2021, net sales to this customer totaled $1.8 million and $0.4 million, respectively, and amounts due from this customer as of December 31, 2022 and 2021 totaled $0.1 million and $0.2 million, respectively. The Company also accrued referral fees totaling zero and $0.2 million to this customer during the year ended December 31, 2022 and 2021, respectively, and amounts owed to this customer for these referral fees as of December 31, 2022 and 2021 totaled zero and $0.1 million, respectively.

Related Party Transactions

12 Months Ended

Dec. 31, 2022

12. Related Party Transactions

The Company made sales to a customer where a member of our Board of Directors was formerly an executive. This member of our Board of Directors employment with the customer ended during the second quarter of fiscal 2022 and prior to this member of Board of Directors employment ending, net sales to this customer totaled approximately $0.2 million, which was subsequently collected in full. During the year ended December 31, 2021, net sales to this customer totaled $0.3 million and amounts due from this customer as of December 31, 2021 totaled zero.

The Company made sales to a customer where a family member of one of our executive’s has a minority ownership position. During the year ended December 31, 2022 and 2021, net sales to this customer totaled $1.8 million and $0.4 million, respectively, and amounts due from this customer as of December 31, 2022 and 2021 totaled $0.1 million and $0.2 million, respectively. The Company also accrued referral fees totaling zero and $0.2 million to this customer during the year ended December 31, 2022 and 2021, respectively, and amounts owed to this customer for these referral fees as of December 31, 2022 and 2021 totaled zero and $0.1 million, respectively.