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Debt (Tables)
 3 Months Ended
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