XML 33 R21.htm IDEA: XBRL DOCUMENT v3.23.3
Related-Party Transactions
 9 Months Ended
Sep. 30, 2023
Related Party Transactions [Abstract]  
Related-Party Transactions

12. Related-Party Transactions

Cleveland Clinic

Cleveland Clinic is a related party because a member of the Company’s board of directors is an executive advisor to Cleveland Clinic. As of September 30, 2023 and December 31, 2022, the Company held total deferred revenue of $14 and $355, respectively from contracts with this client. As of September 30, 2023 and December 31, 2022, amounts due from Cleveland Clinic were $91 and $995, respectively.

During the three months ended September 30, 2023 and 2022, the Company recognized revenue of $647 and $310, respectively, from contracts with this client. During the nine months ended September 30, 2023 and 2022, the Company recognized revenue of $1,836 and $1,764, respectively, from contracts with this customer.

CCAW, JV LLC

CCAW, JV LLC is a related party because it is a joint venture formed between the Company and Cleveland Clinic for which the Company has a minority owned interest in. During the year ended December 31, 2020, the Company made an initial investment in CCAW, JV LLC of $2,940 for its less than 50% interest in the joint venture. During the nine months ended September 30, 2023 the Company made capital contributions of $3,920 related to a portion of the phase one capital commitment.

During the three months ended September 30, 2023 and 2022 the Company recognized revenue of $397 and $419 from contracts with this client, respectively. During the nine months ended September 30, 2023 and 2022, the Company recognized revenue of $1,179 and $1,342, respectively, from contracts with this customer.

As of September 30, 2023 and December 31, 2022, the Company held total deferred revenue of $141 and $1,320, respectively, from contracts with this client. As of September 30, 2023 there were no amounts due from CCAW, JV LLC and as of December 31, 2022, $1,602 was due from CCAW, JV LLC.