v3.19.1

Related Party Transactions | 12 Months Ended
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Dec. 31, 2018
Related Party Transactions [Abstract] |
Related Party Transactions | NOTE 20—RELATED PARTY TRANSACTIONS During the years ended December 31, 2018 and 2017, the Company was engaged in non-arm’s length transactions, which were in the normal course of business and were measured at the exchange amount. Transactions included sales of products, purchases of inventory as well as general expenses, reimbursements and sales commissions incurred from related parties. The related parties involved in these transactions included the following: Nirvana Corp. - This entity is controlled by a family member of the CEO of the Company and conducts business as a reseller of consumer electronic products. Smash Technologies, LLC – This entity is controlled by a family member of the CEO of the Company and conducts business as a reseller of accessories. Stamax Corp. – This entity is a predecessor entity of OneClick License and prior to October 1, 2017 was controlled by certain members of management. OneClick License – Prior to October 1, 2017, this entity was controlled by certain members of management. It is now a wholly-owned subsidiary of the Company. OneClick International LLC – Prior to October 1, 2017, this entity was controlled by certain members of management. It is now a wholly-owned subsidiary of the Company. There are no long-term arrangements with any of the related parties. Pricing and other material payment terms are determined on a case by case basis. At December 31, 2018, there were no amounts outstanding to or from the above listed related parties. Products and services sold by the Company to related parties for the years ended December 31, 2018 and 2017 were as follows (in thousands):
|  | 2018 |  |  | 2017 |
Nirvana Corp. |  | $ | — |  |  | $ | 738 |
Smash Technologies LLC |  |  | 1 |  |  |  | 37 |
Stamax Corp. |  |  | — |  |  |  | 9 |
OneClick International LLC |  |  | — |  |  |  | 160 |
OneClick License LLC |  |  | — |  |  |  | 1,533 |
Total |  | $ | 1 |  |  | $ | 2,477 |
Purchases from, or operating expenses paid to, related parties by the Company for the years ended December 31, 2018 and 2017 were as follows (in thousands):
|  | 2018 |  |  | 2017 |
Stamax Corp. |  | $ | — |  |  | $ | 9 |
Nirvana Corp. |  |  | — |  |  |  | 6 |
Smash Technologies LLC |  |  | 459 |  |  |  | 149 |
OneClick International LLC |  |  | — |  |  |  | — |
OneClick License LLC |  |  | — |  |  |  | — |
Total |  | $ | 459 |  |  | $ | 164 |

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI http://asc.fasb.org/topic&trid=2122745 + Details
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