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Debt and Warrants Transactions (Tables) | 12 Months Ended
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Dec. 31, 2022
Debt Disclosure [Abstract] |
Summary of Assumptions Utilized | The derivative was initially recognized at a fair value of $4.2 million and was subsequently adjusted to $1.6 million at December 31, 2022, with the following assumptions being utilized:
| Convertibles Notes Derivative
| August 11, 2022 |  | December 31, 2022
Common stock market price | $ | 3.04 |  |  | $ | 2.10 |
Risk-free interest rate | 3.28 | % |  | 4.68 | %
Expected dividend yield | — |  |  | — |
Expected term (in years) | 1.39 |  |  | 1.00 |
Expected volatility | 56.32 | % |  | 61.59 | %
Below are the specific assumptions utilized:
| Warrants |  | Additional Warrants
| August 11, 2022 |  | December 31, 2022 |  | August 12, 2022 |  | December 31, 2022
Common stock market price | $ | 3.04 |  |  | $ | 2.10 |  |  | $ | 2.34 |  |  | $ | 2.10 |
Risk-free interest rate | 3.03 | % |  | 3.76 | % |  | 3.03 | % |  | 3.76 | %
Expected dividend yield | — |  |  | — |  |  | — |  |  | — |
Expected term (in years) | 5.00 |  |  | 4.61 |  |  | 5.50 |  |  | 5.12 |
Expected volatility | 66.85 | % |  | 64.16 | % |  | 70.55 | % |  | 65.52 | %
Balance of the Notes | The balance of the Notes as of December 31, 2022 is as follows (unaudited, in thousands):
| Current |  | Long term |  | Total
Gross Balance as of December 31, 2022 | $ | 15,000 |  |  | $ | — |  |  | $ | 15,000 |
Unamortized Discount | (5,656) |  |  | — |  |  | $ | (5,656) |
Unamortized Issuance Costs | (337) |  |  | — |  |  | $ | (337) |
Net Balance as of December 31, 2022 | $ | 9,007 |  |  | $ | — |  |  | $ | 9,007 |

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- Definition Tabular disclosure of convertible debt instrument. Includes, but is not limited to, principal amount and amortized premium or discount. + References No definition available. + Details
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- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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