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Related Party Transactions | 6 Months Ended
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Jun. 30, 2022
Related Party Transactions [Abstract] |
Related Party Transactions | 15. Related Party Transactions In the ordinary course of business, the Company enters into transactions with related parties, including its affiliates. The transactions may range in the nature and value of services underlying the arrangements. The following table presents significant related party transactions where a third party receives services from the Company:
|  |  |  | Total Transaction Value |  | Revenues |  | Due From Related Party
|  |  |  |  | Three Months Ended June 30, |  | Six Months Ended June 30, |  | June 30, 2022 |  | December 31, 2021
Services |  |  |  |  | 2022 |  | 2021 |  | 2022 |  | 2021 |  |
Technological (1) |  |  |  | Ongoing arrangement (6) |  | $ | 10 |  |  | $ | 15 |  |  | $ | 19 |  |  | $ | 30 |  |  | $ | 26 |  |  | $ | 137 |
Marketing Services (2) |  |  |  | Ongoing arrangement (6) |  | $ | 297 |  |  | $ | 66 |  |  | $ | 483 |  |  | $ | 92 |  |  | $ | 488 |  |  | $ | 88 |
Polling Services (3) |  |  |  | $825 |  | $ | 508 |  |  | $ | 104 |  |  | $ | 578 |  |  | $ | 119 |  |  | $ | 140 |  |  | $ | — |
Marketing and Website Development Services (4) |  |  |  | $4,984 |  | $ | 1,673 |  |  | $ | — |  |  | $ | 2,923 |  |  | $ | — |  |  | $ | 1,923 |  |  | $ | 502 |
Marketing and Advertising Services (5) |  |  |  | Ongoing arrangement (6) |  | $ | 2,809 |  |  | $ | 1,644 |  |  | $ | 5,367 |  |  | $ | 1,663 |  |  | $ | 6,216 |  |  | 4,577 |
Polling Services (7) |  |  |  | $3,200 |  | $ | 711 |  |  | $ | — |  |  | $ | 953 |  |  | $ | — |  |  | $ | — |  |  | $ | — |
(1) Client was founded by the Company’s Chief Executive Officer (2) Family member of one of the Brands’ partners holds an executive leadership position in the client (3) Family members of the Brands’ executives hold key leadership positions in the client (4) Client has significant interest in the Company (5) Brands’ partners and executives either hold a key leadership position in or are on the Board of Directors of the client (6) This arrangement was entered into for an indefinite term and is invoiced as services are provided (7) Founder of the client has significant interest in the Company The following table presents significant related party transactions in which the Company receives services from a third party:
|  |  |  | Total Transaction Value |  | Expenses |  | Due to Related Party
|  |  |  |  | Three Months Ended June 30, |  | Six Months Ended June 30, |  | June 30, 2022 |  | December 31, 2021
Services |  |  |  |  | 2022 |  | 2021 |  | 2022 |  | 2021 |  |
Data Management Services (1) |  |  |  | Ongoing arrangement (4) |  | $ | 445 |  |  | $ | 387 |  |  | $ | 814 |  |  | $ | 756 |  |  | $ | 1,062 |  |  | $ | 623 |
Sales and Management Services (2) |  |  |  | Ongoing arrangement (4) |  | $ | 566 |  |  | $ | 90 |  |  | $ | 739 |  |  | $ | 177 |  |  | $ | 1,170 |  |  | $ | 442 |
Marketing Services (3) |  |  |  | $120 |  | $ | 40 |  |  | $ | — |  |  | $ | 40 |  |  | $ | — |  |  | $ | 40 |  |  | $ | — |
(1) Family member of one of the Brand’s partners holds an executive leadership position in the third party (2) Chief Executive Officer of the Brand is a shareholder of the affiliate providing the services (3 ) Family member of the Company’s President holds a key leadership position in the client (4) This arrangement was entered into for an indefinite term and is invoiced as services are provided In 2019, a Brand of the Company, entered into a loan agreement with a third party who holds a minority interest in the Brand. The loan receivable of $3,801 and $3,784 due from the third party is included within Other current assets in the Company’s Unaudited Condensed Consolidated Balance Sheets as of June 30, 2022 and December 31, 2021, respectively. The Company recognized $77 and $154 for the three and six months ended June 30, 2022, respectively, and $76 and $151 for the three and six months ended June 30, 2021, respectively, of interest income within interest expense, net on its Unaudited Condensed Consolidated Statements of Operations. During the three and six months ended June 30, 2021, Stagwell Media made additional non-cash investments in the Company of $1,900 and $12,100, respectively. In March 2021, the Company made a non-cash distribution to Stagwell Media of $13,000. Additionally, the Company made cash distributions to Stagwell Media of $11,200 and $26,200 for the three and six months ended June 30, 2021, respectively.

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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. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI https://asc.fasb.org/topic&trid=2122745 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864 + Details
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