Related Party Transactions |
3 Months Ended |
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Mar. 31, 2025 | |
| Related Party Transactions [Abstract] | |
| Related Party Transactions | Related Party Transactions During the three months ended March 31, 2025 and 2024, the Company recorded revenue of $0.3 million and $0.2 million each for product sales to Herramientas Medicas, S.A., a distribution company owned by a family member of the Company’s former Chief Executive Officer Juan José Chacón Quirós. Accounts receivable owed to the Company from this distribution company amounted to approximately $0.4 million as of both March 31, 2025 and December 31, 2024. In 2016, the Company also entered into a separate agreement with Dr. Chacón Quirós, the brother of the Company’s former Chief Executive Officer Juan José Chacón Quirós, to maintain his clinic in Costa Rica as a MotivaImagine Excellence Center and to host and train physicians in the use of Company products in relevant procedures, among other services, in exchange for cash reimbursement of up to $4,500 per day that such services are rendered. In August 2022, the Company entered into a new agreement with Dr. Chacón Quirós, replacing the original agreement, to continue the training services in exchange for cash reimbursement of his hourly rate of $531 when such services are rendered. During the three months ended March 31, 2025 and 2024, the Company paid Dr. Chacón Quirós approximately $15,000 and $30,000, respectively, for services rendered. During the three months ended March 31, 2024, the Company paid Ms. Gersh, a former member of the board of directors, $43,750 for consulting services she performed for the Company.
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