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Related Parties
 9 Months Ended
Sep. 30, 2022
Related Parties [Abstract]  
Related Parties

Note 18 — Related Parties

 

Some of the officers and directors of the Company are involved in other business activities and may, in the future, become involved in other business opportunities that become available.

 

The following table describes the net purchasing (sales) activity with entities identified as related parties to the Company:

 

   Three Months Ended
September 30,		   Nine Months Ended
September 30,		 
(In thousands)  2022   2021   2022   2021 
Bluezone  $—   $217   $5   $310 
4D Bios (1)   —    864    —    1,311 
Enzo   —    40    —    40 
Cannae Policy Group   —    —    25    — 
Topline Performance Group   1    —    71    — 
NEIA   —    (3,217)   (1,763)   (19,572)
Greenstone   212    (1,998)   392    (1,998)
Valiant Americas, LLC   1,315    606    11,120    2,323 
Living Greens Farm   —    —    —    (58)

 

(1)Purchases from 4D for the nine months ended September 30, 2021 include $384 thousand for a down payment on inventory orders.

 

The following table summarizes net related party receivable (payable) as of September 30, 2022 and December 31, 2021:

 

(In thousands)  September 30,
2022		   December 31,
2021		 
Cannae Policy Group  $—   $(8)
Cannaquip   —    (21)
Greenstone (net of allowance for doubtful accounts of $7,079 and $0 at September 30, 2022 and December 31, 2021, respectively) (1)   5,308    11,177 
Living Greens Farm (2)   —    34 
NEIA   —    3,500 
Valiant Americas, LLC   (599)    (922)
Topline Performance Group   (1)   — 

 

(1)The Greenstone allowance for doubtful accounts balance consisted of capital advances, accrued interest and VFUs sales. Additional information regarding recent developments with Greenstone may be found in Note 5 – Loan Receivable, included elsewhere in the notes to the consolidated financial statements.

 

(2)The balance was fully reserved at September 30, 2022 due to an ongoing dispute with the customer.