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v3.23.1

Long Term Debt (Details Textuals) - USD ($) |  |  | 1 Months Ended | 12 Months Ended |  |  |
--- | --- | --- | --- | --- | --- | --- | ---
Oct. 05, 2021 | Jun. 09, 2020 | Oct. 31, 2021 | Apr. 21, 2020 | Dec. 31, 2022 | Dec. 31, 2021 | Jan. 31, 2023 | Oct. 04, 2021 | Sep. 30, 2021
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Convertible notes decreased |  |  |  |  | $ 14,607,000 | $ 17,305,000 |  |  |
Convertible notes on issuance amount |  |  |  |  |  |  |  |  | $ 2,200,000
Conversion price percentage |  |  |  |  | 80.00% |  |  |  |
Unrealized (loss) gain on convertible notes |  |  |  |  | $ 245,000 | 100,000 |  |  |
Description of loan |  |  |  | we issued a promissory note in the principal aggregate amount of $2.2 million (the “PPP Loan”) pursuant to the Paycheck Protection Program under the CARES Act. The PPP Loan had a two-year term bearing interest at a rate of 1% per annum with principal and interest payments to be paid monthly beginning seven months from the date of the PPP Loan. <span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-indent: 42.6667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; line-height: inherit;">In August 2021, the Company submitted its application for</span><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-indent: 42.6667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; line-height: inherit;"> forgiveness and on September 3, 2021, the loan was</span><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-indent: 42.6667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; line-height: inherit;"> forgiven in full by the Small Business Administration. As a result, the Company recorded a gain on the forgiveness of the PPP loan in the amount of $</span>2.2 million. |  |  |  |  |
Fair value of senior convertible notes |  |  |  |  | 14,607,000 | 17,305,000 |  |  |
Cash |  |  |  |  |  |  | $ 100,000 |  |
Long-Term Debt, Fair Value |  |  |  |  | 14,600,000 | 17,300,000 |  |  |
Accumulated in Equity and an Increase |  |  |  |  | $ 2,900,000 |  |  |  |
Securities Purchase Agreement |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Conversion price |  |  |  |  |  |  |  | $ 6.21 |
Convertible Debt [Member] |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Conversion price floor |  |  |  |  | $ 10.8 |  |  |  |
Senior Convertible Notes [Member] |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Debt Instrument, Debt Default, Amount |  |  |  |  | $ 5,300,000 |  |  |  |
Proceeds from the issuance of common stock |  |  |  |  | $ 3,900,000 |  |  |  |
Debt Instrument, Maturity Date | Oct. 04, 2024 |  |  |  |  |  |  |  |
Conversion price |  |  |  |  |  |  |  | $ 4.75 |
Debt Conversion, Description |  |  |  |  | (i) no amortization payments would be due and payable for any payments previously required to be made from July 1, 2022 through January 1, 2023, (ii) the holders of the Senior Convertible Notes will not accelerate any previously deferred installment amounts until January 1, 2023 and (iii) the terms of the SPA which would provide for reset of the conversion price of the Senior Convertible Notes as a result of the issuance of securities under the 2022 Unit Offering (see Note 13) and instead agreed to a reset of the conversion price equal to a per share price of 135 percent of the 2021 Unit Offering price, or $6.21 per share, which was subsequently reduced to $4.75 per share on October 4, 2022 as described above. Further, the Convertible Notes Amendment added covenants such that (a) we are subject to a daily cash test of having an available cash balance of at least $7.0 million, which amount shall be reduced by $1.0 million on each of the dates at which the aggregate principal due upon the Senior Convertible Notes is equal to or less than $14.0 million and $11.0 million, subject in all cases to a minimum of $5.0 million, and (b) we established and maintain the <span style="color: #000000; font-family: 'Times New Roman', Times, serif; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 42.6667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; line-height: inherit;">Restricted Accounts</span> for each holder for an aggregate amount of $7.0 million with such amounts to be released from the Restricted Accounts only upon written consent of such holder, provided that $1.0 million will automatically release from the Restricted Accounts upon the occurrence of each of the dates at which the aggregate principal due upon the Senior Convertible Notes is equal to or less than $14.0 million and $11.0 million, subject to certain conditions. The Convertible Notes Amendment qualified as a troubled debt restructuring (“TDR”); however, there was no impact on the consolidated balance sheet or in the statement of operations as a result of the TDR as the Senior Convertible Notes are recorded at their fair value. |  |  |  |
Cash |  |  |  |  | $ 1,400,000 |  |  |  |
Long-Term Debt, Fair Value |  |  |  |  | 2,900,000 | 700,000 |  |  |
Increase (Decrease) in Notes Receivables |  |  |  |  | $ 200,000 | 100,000 |  |  |
Accumulated in Equity and an Increase |  |  |  |  |  | 700,000 |  |  |
Senior Convertible Notes [Member] | Securities Purchase Agreement |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Debt Instrument, Debt Default, Amount | $ 18,000,000 |  |  |  |  |  |  |  |
Debt Instrument, Unamortized Discount | $ 2,000,000 |  |  |  |  |  |  |  |
Original issue discount percentage | 10.00% |  |  |  |  |  |  |  |
Face value of the notes | $ 20,000,000 |  |  |  |  |  |  |  |
Notes [Member] |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Debt Instrument, Debt Default, Amount |  | $ 17,000,000 |  |  |  | 15,200,000 |  |  |
Proceeds from the issuance of common stock |  |  |  |  |  | 10,100,000 |  |  |
Unrealized (loss) gain on convertible notes |  |  | $ 200,000 |  |  |  |  |  |
Cash |  |  |  |  |  | 5,100,000 |  |  |
Purchase price |  | $ 15,000,000 |  |  |  |  |  |  |
Long-Term Debt, Fair Value |  |  |  |  |  | 2,000,000 |  |  |
Increase (Decrease) in Notes Receivables |  |  |  |  |  | 100,000 |  |  |
Accumulated in Equity and an Increase |  |  |  |  |  | $ 2,000,000 |  |  |

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