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Related Party Transactions And Balances
9 Months Ended
Sep. 30, 2022
Related Party Transactions [Abstract]  
Related Party Transaction And Balances
13.
RELATED PARTY TRANSACTIONS AND BALANCES

On February 10, 2022, the Company entered into an AUD 1 million (US$719) convertible promissory note with Altum (the “Note”). Interest will accrue at a rate of 12% per annum, calculated monthly. Unless earlier repaid, or converted into ordinary shares of Altum, the principal and accrued interest of the Note will be due and payable on August 10, 2023. As of September 30, 2022, the balance of the Note including accrued interest was $721.

On March 25, 2019, the Company entered into a Grid Loan Agreement (the “Grid Loan”) with VF Hemp. As of September 30, 2022 and December 31, 2021, the Grid Loan balance was $- and $3,256, respectively.

One of the Company’s employees is related to a member of the Company’s executive management team and received approximately $85 and $96 in salary and benefits during the nine months ended September 30, 2022 and 2021, respectively.