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Related Party Transactions
6 Months Ended
Jun. 30, 2023
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS

18. RELATED PARTY TRANSACTIONS

 

David S. Tomsche (Chair of our Board of Directors) is a controlling owner of Leedstone Inc., a domestic distributor of ImmuCell products (the First DefenseÒ product line and CMT), and of J-t Enterprises of Melrose, Inc., an exporter. His affiliated companies purchased $56,556 and $357,725 of products from us during the six-month periods ended June 30, 2023 and 2022, respectively, all on terms consistent with those offered to other distributors of similar status. Our accounts receivable (subject to standard and customary payment terms) due from these affiliated companies aggregated $6,101 and $46,426 as of June 30, 2023 and December 31, 2022, respectively.