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Note 8 - Commitment and Contingencies
 3 Months Ended
Mar. 31, 2022
Notes to Financial Statements  
Commitments and Contingencies Disclosure [Text Block]

NOTE 8.

Commitments and Contingencies

 

Purchase Obligation

 

The Company has entered into agreements to purchase goods and services in the ordinary course of business. As of  March 31, 2022, the remaining purchase commitments for future periods are as follows:
 
   

(in thousands)

  

2022 (remaining nine months)

   $ 14,671  

2023

     14,455  

2024

     10,943  

2025

     11,762  

2026

     11,762  

2027 and thereafter

     14,000  

Total

   $ 77,593  

 

Indemnifications

 

The Company from time to time enters into certain types of contracts that contingently require it to indemnify various parties against claims from third parties. These contracts primarily relate to (i) the Company's bylaws, under which it must indemnify directors and executive officers, and may indemnify other officers and employees, for liabilities arising out of their relationship, (ii) contracts under which the Company must indemnify directors and certain officers for liabilities arising out of their relationship, and (iii) contracts under which the Company may be required to indemnify customers or resellers from certain liabilities arising from potential infringement of intellectual property rights, as well as potential damages caused by limited product defects. To date, the Company has not incurred and has not recorded any liability in connection with such indemnifications.

 

The Company maintains director and officer insurance, which may cover certain liabilities arising from its obligation to indemnify its directors.