The total offering cost was $4.6 million, of which $3.2 million was paid by NETGEAR. Arlo Pro 3 includes a three-month trial period of Arlo Smart. Our services also include certain development services provided to Verisure S.à.r.l. 9Table of ContentsWholesale Distributors. As of December 31, 2020, we had 359 full-time employees. Gordon Mattingly has served as our Chief Financial Officer since June 15, 2020. Verisure will have the exclusive right to market and distribute our products in Europe. We are dependent on information technology systems, infrastructure and data. Some of these third-party manufacturers produce products for our competitors. Transit times have also increased. In addition, epidemic failure clauses are found in certain of our customer contracts. As a result, lack of repeatable one-time purchases will adversely affect our revenue. Our users must have internet access in order to use our platform. We are subject to income taxes in the United States and numerous foreign jurisdictions. As a result, we cannot assure you that we will pay dividends at any rate or at all. These provisions are not intended to make Arlo immune from takeovers.
