Related Party Transactions |
9 Months Ended |
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Sep. 30, 2024 | |
Related Party Transactions [Abstract] | |
Related Party Transactions |
Note 10 – Related Party Transactions
Nexxis Capital LLC
Charles M. Piluso (Chairman and CEO) and Harold Schwartz (President) collectively own 100% of Nexxis Capital LLC (“Nexxis Capital”). Nexxis Capital was formed to purchase equipment and provide leases to Nexxis Inc.’s customers. The Company received from Nexxis Capital $0 and $7,348 for the three and nine months ended September 30, 2024, and $14,267 and $30,048 for the three and nine months ended September 30, 2023, respectively.
Eisner & Maglione CPA’s LLC
Lawrence Maglione, a member of the Board of Directors, is a partner of Eisner & Maglione CPA’s LLC. The Company paid Mr. Maglione’s firm $5,075 and $6,488 for accounting and consulting services for the three months ended September 30, 2024, and 2023, respectively. The Company paid Mr. Maglione’s firm $13,908 and $10,408 for accounting and consulting services during the nine months ended September 30, 2024, and 2023, 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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