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Related Parties
12 Months Ended
Dec. 31, 2023
Related Party Transactions [Abstract]  
Related Parties

17. Related Parties

 

Total related party revenue was $686,000 and $284,000 for the years ended December 31, 2023 and 2022, respectively. Accounts receivable due from the related party was $90,000 and $175,000 at December 31, 2023 and 2022, respectively. Contract liabilities from the related party was $0 and $156,000 at December 31, 2023 and 2022, respectively.

 

In September 2022, the Company entered into a convertible promissory note totaling $4,350,000 of which $4,000,000 was attributable to an entity who was also an investor in the Company’s Series A, A-1, and B Preferred Stock financing (See Note 7). This entity received 1,697,490 shares of common stock upon conversion of the promissory notes for principal and interest of $4,243,726.