XML 30 R23.htm IDEA: XBRL DOCUMENT v3.24.3
Related Party Transactions
 9 Months Ended
Sep. 30, 2024
Related Party Transactions  
Related Party Transactions

14. Related Party Transactions

A summary of balances and transactions with the related parties who are stockholders of the Company were as follows (in thousands):

 

 

September 30, 2024

 

 

December 31, 2023

 

 

Anapass

 

 

Kyeongho Lee

 

 

Anapass

 

 

Kyeongho Lee

 

Borrowings

 

$

9,851

 

 

$

841

 

 

$

10,082

 

 

$

1,474

 

Other current liabilities

 

 

9

 

 

 

86

 

 

 

212

 

 

 

182

 

 

For each of the three and nine months ended September 30, 2024, the Company recorded $0.1 million and $0.4 million, respectively, of interest expense with Anapass, Inc. in the unaudited condensed consolidated statements of operations. For each of the three and nine months ended September 30, 2023, the Company recorded $0.1 million and $0.4 million, respectively, of interest expense with Anapass, Inc. in the unaudited condensed consolidated statements of operations. Interest expense related to the Company’s arrangements with Kyeongho Lee was immaterial during the three and nine months ended September 30, 2024 and 2023.