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RELATED-PARTY TRANSACTIONS
6 Months Ended
Jun. 30, 2024
Related Party Transactions [Abstract]  
RELATED-PARTY TRANSACTIONS RELATED-PARTY TRANSACTIONS
EQUITY INVESTMENTS
For the three and six months ended June 30, 2024, the Company recognized $0.1 million of revenue related to license fees from the Spiegel Venture. No revenue was recognized from Nebula during these periods.
As of June 30, 2024, and December 31, 2023, the impacts of the arrangements with the Spiegel Venture and Nebula on the Company’s consolidated balance sheets were as follows:
(in thousands)
June 30,
2024
December 31,
2023
Accounts receivable$367 $811 
Accounts payable$$374 
For the three and six months ended June 30, 2024, and 2023, the impacts of arrangements with the Spiegel Venture and Nebula on the Company’s consolidated statements of operations were as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
(in thousands)
2024202320242023

Revenues$— $371 $111 $1,084 
Cost of revenues$15 $1,164 $30 $2,366 
OPERATING LEASE
The Company sublets a portion of its office space to Hendricks Investment Holdings, LLC, which is considered a related party as it is managed by various members of the Company’s Board of Directors. The Company accounts for the arrangement as an operating lease. Refer to Note 11 - Leases for additional information.