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Significant Contracts
 6 Months Ended
Jun. 30, 2021
Significant Contracts [Abstract]  
Significant Contracts

4.      Significant Contracts

QVC Agreements

Under the Company’s agreements with Qurate Retail Group (“Qurate”), collectively referred to as the QVC Agreements, Qurate is required to pay the Company fees based primarily on a percentage of its net sales of Isaac Mizrahi, Judith Ripka, Lori Goldstein, and Longaberger branded merchandise. Qurate royalty revenue represents a significant portion of the Company’s total revenues.

●Revenues from the QVC Agreements totaled $5.45 million and $4.04 million for the current and prior year quarter, respectively, representing approximately 51% and 81% of the Company’s total net revenues for the current and prior year quarter, respectively.
●Revenues from the QVC Agreements totaled $9.19 million and $8.74 million for the current and prior year six months, respectively, representing approximately 50% and 60% of the Company’s total net revenues for the current and prior year six months, respectively.
●As of June 30, 2021 and December 31, 2020, the Company had receivables from Qurate of $5.61 million and $4.46 million, respectively, representing approximately 53% and 50% of the Company’s total accounts receivable, respectively.