XML 75 R64.htm IDEA: XBRL DOCUMENT v3.20.4
Unsecured Convertible Notes (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Mar. 31, 2020
Debt Instrument [Line Items]    
Unsecured Convertible Notes - Related Party $ 2,242 $ 331
7.5% Unsecured Convertible Note [Member]    
Debt Instrument [Line Items]    
Unsecured Convertible Notes - Related Party [1] 4,322 4,120
7.5% Unsecured Convertible Notes [Member]    
Debt Instrument [Line Items]    
Unsecured Convertible Notes - Related Party [2] 1,086 1,035
Unsecured Convertible Notes - Related Party [Member]    
Debt Instrument [Line Items]    
Less: Discount (15) (41)
Net 5,393 5,114
Unsecured Convertible Promissory Note [Member]    
Debt Instrument [Line Items]    
Unsecured Convertible Promissory Note 2,000 2,000
Accrued Interest 144 24
Less: Discount (287) (485)
Fair Value of Embedded Derivatives 30 141
Net 1,887 1,680
Unsecured Convertible Notes, Net 7,280 6,794
Less: Unsecured Convertible Notes, Current
Unsecured Convertible Notes, Net, Long-term $ 7,280 $ 6,794
[1] The first Trinad Note was issued on February 21, 2017, to convert aggregate principal and interest of $3.6 million under the first senior promissory note and second senior promissory note with Trinad Capital previously issued on December 31, 2014 and April 8, 2015, respectively. The first Trinad Note was due on March 31, 2018 and was extended to May 31, 2019 and further extended to May 31, 2021 (as discussed below). At June 30, 2020, the balance due of $4.2 million, which included $0.6 million of accrued interest, was outstanding under the first Trinad Note. At March 31, 2020, the balance due of $4.1 million, which included $0.5 million of accrued interest, was outstanding under the first Trinad Note.
[2] Between October 27, 2017 and December 18, 2017, the Company issued six unsecured convertible notes payable to Trinad Capital for aggregate total principal amount of $0.9 million. The notes were due on various dates through December 31, 2018 and were extended to May 31, 2019 and further extended to May 31, 2021 (as discussed below). For the three months ended June 30, 2020, the Company amortized less than $0.1 million of discount to interest expense, and the unamortized discount as of June 30, 2020 was less than $0.1 million. As of June 30, 2020, $0.1 million of accrued interest was added to the principal balance.