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Debt (Tables) | 3 Months Ended
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Mar. 31, 2023
Debt Disclosure [Abstract] |
Schedule of Debt | Debt consists of the following (dollar in thousands): Schedule of Debt
|  | Maturity Date |  | Interest Rate |  |  | March 31, 2023 |  |  | December 31, 2022 |
Convertible Note |  | **July 25, 2024 |  |  | *18 | % |  | $ | 10,386 |  |  | $ | 12,254 |
Less: debt discount |  |  |  |  |  |  |  |  | - |  |  |  | - |
Less: discount from issuance of warrants |  |  |  |  |  |  |  |  | 116 |  |  |  | 475 |
Less: debt issuance costs |  |  |  |  |  |  |  |  | - |  |  |  | 42 |
Total convertible notes, net of discount and issuance costs |  |  |  |  |  |  |  | $ | 10,270 |  |  | $ | 11,737 |
* | Default interest was waived on March 10, 2023
** | On May 11, 2023, the October Secured Notes were extended to July 25, 2024
Schedule of Changes in Level 3 Financial Liabilities Carried at Fair Value | Schedule of Changes in Level 3 Financial Liabilities Carried at Fair Value
(in thousands) |  |  |
Balance, July 19, 2022 (date of Addendum of convertible notes) |  | $ | 14,610 |
Conversions of debt |  |  | (1,100 | )
Total revaluation loss |  |  | 597 |
Balance, September 13, 2022 |  |  | 14,107 |
Total revaluation gains |  |  | (1,853 | )
Balance, December 31, 2022 |  | $ | 12,254 |
Financial liabilities, Beginning balance |  | $ | 12,254 |
Conversions of debt (January 2023- March 2023) |  |  | (1,395 | )
Conversions of debt |  |  | (1,395 | )
Total revaluation gains |  |  | (473 | )
Total revaluation (gains) loss |  |  | (473 | )
Balance March 31, 2023 |  | $ | 10,386 |
Financial liabilities, Ending balance |  | $ | 10,386 |
Schedule of Promissory Notes | Schedule of Promissory Notes
|  | Maturity Dates |  | Interest Rate |  |  | March 31, 2023 |
Promissory note issuances |  | November 3 & 10, 2023 |  |  | 15 | % |  | $ | 900 |
Less: principal promissory note repayment |  |  |  |  |  |  |  |  | (300 | )
Outstanding principal outstanding as of March 31, 2023 |  |  |  |  |  |  |  |  | 600 |
Plus: interest expense accrued |  |  |  |  |  |  |  |  | 13 |
Total promissory notes, including accrued interest expense outstanding |  |  |  |  |  |  |  | $ | 613 |
Schedule of Financing Debt | NYDIG Financing Schedule of Financing Debt
|  | Maturity Dates |  | Interest Rate |  | March 31, 2023 |  |  | December 31, 2022 |
NYDIG Loans #1-11 |  | April 25, 2023 thru January 25, 2027* |  | 12% thru 15 | % | $ | 10,546 |  |  | $ | 14,387 |
Loans Payable |  | April 25, 2023 thru January 25, 2027* |  | 12% thru 15 | % | $ | 10,546 |  |  | $ | 14,387 |
Less: principal payments |  |  |  |  |  |  | — |  |  |  | 3,841 |
Less: repossession of collateralized assets |  |  |  |  |  |  | 3,388 |  |  |  | - |
Total outstanding debt |  |  |  |  |  | $ | 7,158 |  |  | $ | 10,546 |
* |  | Due to event of default- the entire NYDIG Financing became current, see note below.

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- Definition Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3). + 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 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 + Details
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- Definition Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
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