Related Party Transactions |
6 Months Ended |
---|---|
Jun. 30, 2022 | |
Related Party Transactions | |
Note 7. Related Party Transactions |
Note 7. Related Party Transactions
On February 9, 2022, the Company entered into an agreement with We Don’t Have Time Inc. (“WDHT”), an organization with a social media network platform dealing with the climate crisis, pursuant to which WDHT will provide a variety of climate-change related consulting services to the Company and the Company agreed to pay a monthly membership fee of $1,200 to WDHT through and including December 2022. Dr. Chakraborty, a member of the Company’s Board of Directors, is also the President and Executive Board Member of WDHT. For the three months and six-months ended June 30, 2022, the Company incurred $3,600 and $7,200, respectively, in dues paid to WDHT.
In addition, for the three months and six-months ended June 30, 2022, the Company incurred $35,000 and $85,000, respectively, in fees to WDHT to attend two conferences in which the Company participated with WDHT to promote the Company’s nuclear fuel. |