v3.26.1
Related Parties
6 Months Ended
Jun. 30, 2026
Related Party Transactions [Abstract]  
Related Parties Related Parties
The following is a summary of transactions and balances with affiliates:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(in thousands)
Sales to affiliates$1,088 $2,213 $3,691 $3,308 
Payments to affiliates337 704 501 1,213 
June 30, 2026December 31, 2025
(in thousands)
Due from affiliates$746 $335 
The nature of our related party transactions is as follows:
The Company sells units to an entity managed by a board member’s immediate family. This entity is also one of the Company’s Representatives and as such, the Company makes payments to the entity for third party products.
The Company purchases some supplies from entities controlled by two of the Company’s board members and a member of the Company's executive management team.
The Company periodically makes part sales to a board member.
The Company periodically rents space partially owned by a board member for various Company meetings. These transactions ceased in the fourth quarter of 2025.
The Company leases flight time of an aircraft partially owned by our President and CEO.