15. Related Party Transactions

 

The Company had an agreement with a company owned by a board member under which it originally paid $10 thousand a month for public relations services which was renegotiated to $5 thousand a month starting August 2016 and was terminated in December 2016. Under this agreement, the Company had incurred charges for the year ended December 31, 2016 of $98 thousand.

 

Effective July 1, 2016, the Company entered into an agreement with a company owned by an employee under which it received a flat fee of $5 thousand a month for content and marketing services. This agreement expired on April 30, 2017. Under this agreement, the Company earned $20 thousand and $30 thousand in revenue for the years ended December 31, 2017 and 2016, respectively.