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Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2023

Fair Value Disclosures [Abstract]

Schedule of rollforward of assets and liabilities measured at fair value

The following table presents a rollforward for all assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) (in thousands):

			Nine Months Ended September 30, 2023						Twelve Months Ended December 31, 2022
Balance at beginning of period, January 1, 2023 and 2022, respectively			$	(122)					$	(880)
Issuance of embedded derivative within the 2023 Funding Agreement			(341)						—
Derivative adjustment related to conversions			—						1,563
Derivative adjustment related to extinguishment of debt			122						—
Unrealized gain (loss), included in derivative gain (loss) and other			243						(805)
Balance at end of period, September 30, 2023 and December 31, 2022, respectively			$	(98)					$	(122)

Schedule of significant quantitative Level 3 inputs utilized

The total fair value of these shares was $19.0 million and computed using the following assumptions on the transaction date:

			Underlying Stock Price and Exercise Price						Term (Years)						Volatility						Risk-Free Interest Rate
Fair Value of Consideration			$	1.13					0.5						74.5		%				5.52		%

The Monte Carlo simulation was computed using the following assumptions:

			Risk-Free Interest Rate						Stock Price Volatility						Market Price of Common Stock
Fair Value of RSUs			4.73		%				80.00		%				$	1.29

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- Definition

Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)
-SubTopic 10
-Topic 820
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

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- Definition

Tabular disclosure of the amount of gains or losses for the period included in earnings or resulted in a change to net assets, have arisen from the use of significant unobservable inputs (level 3) to measure the fair value of assets, liabilities, and financial instruments classified in shareholders' equity.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

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