Quarterly report [Sections 13 or 15(d)]

Related Party Transactions

v3.25.1
Related Party Transactions
3 Months Ended
Mar. 31, 2025
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 funds from Nexxis Capital of $3,257 and $0 during the three months ended March 31, 2025, and 2024, respectively.

 

Eisner & Maglione CPA’s LLC

 

Lawrence Maglione is a partner of Eisner & Maglione CPA’s LLC. The Company paid his firm $6,508 and $6,850 for accounting and due diligence services during the three months ended March 31, 2025, and 2024, respectively.