Note 14 - Related Party Transactions |
9 Months Ended | ||
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Sep. 30, 2021 | |||
| Notes to Financial Statements | |||
| Related Party Transactions Disclosure [Text Block] |
In June 2006, the Company entered into a Development and Manufacturing Agreement (the “Agreement”) with Stellartech Research Corporation (“Stellartech”). The Agreement was amended on October 4, 2007. Under the Agreement, the Company agreed to purchase 300 generators manufactured by Stellartech. As of September 30, 2021, the Company has purchased 855 units. The price per unit is variable and dependent on the volume and timing of units ordered. In conjunction with the Agreement, Stellartech purchased 38 shares of Viveve, Inc.’s common stock. Under the Agreement, the Company paid Stellartech $50,000 and $199,000 for goods and services during the three months ended September 30, 2021 and 2020, respectively, and approximately $203,000 and $948,000 for the nine months ended September 30, 2021 and 2020, respectively. The amounts due to Stellartech for accounts payable as of September 30, 2021 and December 31, 2020 were approximately $1,000 and $9,000, respectively.
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- References No definition available.
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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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