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Debt (Tables) | 3 Months Ended
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Mar. 31, 2022
Debt Disclosure [Abstract] |
Debt consists of the following | Convertible Notes Debt consists of the following (dollar in thousands):
|  | Maturity Date |  | Interest Rate |  |  | March 31, 2022 |  |  | December 31, 2021 |
Convertible Note |  | October 25, 2022 |  |  | 8 | % |  | $ | 13,586 |  |  | $ | 14,927 |
Less: debt discount |  |  |  |  |  |  |  |  | 610 |  |  |  | 967 |
Less: discount from issuance of warrants |  |  |  |  |  |  |  |  | 3,988 |  |  |  | 5,747 |
Less: debt issuance costs |  |  |  |  |  |  |  |  | 758 |  |  |  | 1,092 |
Total convertible notes, net of discount and issuance costs |  |  |  |  |  |  |  | $ | 8,230 |  |  | $ | 7,121 |
Promissory Notes | Promissory Notes
|  | Maturity Date |  |  | Interest Rate |  |  | March 31, 2022 |
1st tranche promissory note |  | February 22, 2027 |  |  |  | 2 | % |  | $ | 7,600 |
2nd tranche promissory note |  | March 10, 2027 |  |  |  | 2 | % |  |  | 2,400 |
Less: debt discount |  |  |  |  |  |  |  |  |  | (2,220 | )
Plus: interest expense accrued |  |  |  |  |  |  |  |  |  | 20 |
Less: debt issuance costs |  |  |  |  |  |  |  |  |  | (39 | )
Total promissory notes, net of issuance costs |  |  |  |  |  |  |  |  | $ | 7,761 |
NYDIG Financing | NYDIG Financing
|  | Maturity Dates |  | Interest Rate |  |  | March 31, 2021 |
NYDIG Loans #1-11 |  | April 25, 2023 thru January 25, 2027 |  | 12% thru 15% | % |  | $ | 14,387 |
Less: principal payments |  |  |  |  |  |  |  | 1,074 |
Less: debt issuance costs |  |  |  |  |  |  |  | 316 |
Total outstanding debt |  |  |  |  |  |  |  | 12,997 |
Less current portion of debt |  |  |  |  |  |  |  | 7,195 |
Total Long-term debt |  |  |  |  |  |  | $ | 5,802 |

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- Definition Tabular disclosure of the terms and amounts of participation in loan arrangements. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 30 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=99377297&loc=d3e10013-112621 + Details
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