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Related Party Disclosures (Tables) | 6 Months Ended
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Jun. 30, 2023
Related Party Transactions [Abstract] |
Schedule of Related Party Transactions | The following table presents significant related party transactions where a third party receives services from the Company:
|  |  |  | Total Transaction Value |  | Revenue |  | Due From Related Party
|  |  |  |  | Three Months Ended June 30, |  | Six Months Ended June 30, |  | June 30, 2023 |  | December 31, 2022
Services |  |  |  |  | 2023 |  | 2022 |  | 2023 |  | 2022 |  |  |  |
|  |  |  | (dollars in thousands)
Marketing and advertising services (1) |  |  |  | Continuous (7) |  | $ | 444 |  |  | $ | 147 |  |  | $ | 1,158 |  |  | $ | 147 |  |  |  |  | $ | 841 |  |  | $ | 1,029 |
Marketing and advertising services (2) |  |  |  | $3,576 and Continuous (7) |  | 215 |  |  | 507 |  |  | 593 |  |  | 1,072 |  |  |  |  | 4,840 |  |  | 4,831 |
Marketing and website development services (3) |  |  |  | $7,605 and Continuous (7) |  | 1,133 |  |  | 2,352 |  |  | 1,943 |  |  | 4,677 |  |  |  |  | 299 |  |  | 488 |
Polling services (4) |  |  |  | $1,233 |  | 140 |  |  | 140 |  |  | 292 |  |  | 210 |  |  |  |  | 95 |  |  | 280 |
Polling services (5) |  |  |  | $683 |  | 109 |  |  | 368 |  |  | 166 |  |  | 368 |  |  |  |  | 118 |  |  | — |
Polling services (6) |  |  |  | $5,196 |  | 956 |  |  | 711 |  |  | 956 |  |  | 953 |  |  |  |  | 413 |  |  | — |
Total |  |  |  |  |  | $ | 2,997 |  |  | $ | 4,225 |  |  | $ | 5,108 |  |  | $ | 7,427 |  |  |  |  | $ | 6,606 |  |  | $ | 6,628 |
(1) A member of the Company’s board of directors holds an executive leadership position or is on the board of directors of the client. (2) Brands’ partners and executives either hold a key leadership position in or are on the board of directors of the client. (3) Client has a significant interest in the Company. (4) A family member of the Company’s Chief Executive Officer holds a key leadership position in the client. (5) A family member of the Company’s President holds a key leadership position in the client. (6) Founder of the client has significant interest in the Company. (7) Certain of the contractual arrangements within these transactions were entered into for an indefinite term and are invoiced as services are provided, while others have a fixed definitive contract value. In 2019, a Brand entered into a loan agreement with a related party who holds a minority interest in the Brand. The loan receivable of $1.4 million and $3.6 million due from the third party is included within Other current assets in the Company’s Unaudited Consolidated Balance Sheets as of June 30, 2023 and December 31, 2022, respectively. The Company recognized less than $0.1 million and $0.1 million for the three and six months ended June 30, 2023, respectively, and less than $0.1 million and $0.2 million for the three and six months ended June 30, 2022, respectively, of interest income within Interest expense, net on its Unaudited Consolidated Statements of Operations. In addition, in 2021, the Brand entered into an arrangement to obtain sales and management services from the same third party. Under the arrangement, the Brand has incurred $0.5 million and $0.7 million of related party expense for the three and six months ended June 30, 2023, respectively and $0.5 million and $0.7 million for the three and six months ended June 30, 2022, respectively. As of June 30, 2023 and December 31, 2022, $0.5 million and $1.3 million, respectively, was due to the third party.

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- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, 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 No definition available. + Details
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