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Transaction with Tigress
6 Months Ended
Jun. 30, 2024
Transaction with Tigress [Abstract]  
Transaction with Tigress

3. Transaction with Tigress

 

The Company entered into agreements and subsequent terminations with Tigress Holdings, LLC (“Tigress”). Refer to Note 3 – Transactions with Tigress and Hedge Connection in the Company’s 2023 Form 10-K for more detail. Information related to transactions with Tigress that impacted the periods presented is detailed below.

 

During the three months ended June 30, 2024 and 2023, the Company recognized $0 and $73,000, respectively, for its equity method investment in Tigress. During the six months ended June 30, 2024 and 2023, the Company recognized $0 and $111,000, respectively, for its equity method investment in Tigress. As of both June 30, 2024 and December 31, 2023, the Company had no interest in Tigress.