Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.23.1
Debt (Tables)
3 Months Ended
Mar. 31, 2023
Debt Disclosure [Abstract]  
Summary of Outstanding Debt

The fair value and face value principal outstanding of the March 2023 Senior Convertible Note as of the dates indicated are as follows:

 

   

Contractual

Maturity

Date

 

Stated

Interest

Rate

   

Conversion

Price per

Share

   

Face Value

Principal

Outstanding

    Fair Value  
March 2023 Senior Convertible Note   March 21, 2025     7.875 %   $ 5.00     $ 11,111     $ 11,900  
Balance as of March 31, 2023                       $ 11,111     $ 11,900  
Schedule of Changes in Fair Value of Debt

The changes in the fair value of debt during the three months ended March 31, 2023 is as follows:

 

 Schedule of Changes in Fair Value of Debt

   

March 2023 Senior

Convertible Note

   

Other Income

(expense)

 
Fair Value - December 31, 2022   $     $  
Face value principal – issue date     11,111        
Fair value adjustment – issue date     789       (789 )
Change in fair value            
Fair Value at March 31, 2023   $ 11,900       -  
Other Income (Expense) - Change in fair value – three months ended March 31, 2023           $ (789 )