XML 33 R23.htm IDEA: XBRL DOCUMENT
v3.23.3

Debt and Warrants Transactions (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Debt Disclosure [Abstract] |
Summary of Assumptions Utilized | Below are specific assumptions utilized:
Convertible Notes Derivative | Common stock market price |  | Risk-free interest rate |  | Expected dividend yield |  | Expected term (in years) |  | Expected volatility |  |  |
March 31, 2023 for April 1, 2023 Installment date | $ | 1.16 |  |  | 4.68 | % |  | — |  |  | 0.75 |  |  | 84.34 | % |  |  |
May 1, 2023 for May 1, 2023 Installment date | $ | 1.22 |  |  | 4.68 | % |  | — |  |  | 0.67 |  | 81.57 | % |  |  |
May 31, 2023 for June 1, 2023 Installment date | $ | 1.21 |  |  | 4.91 | % |  | — |  |  | 0.59 |  | 86.20 | % |  |  |
June 30, 2023 for July 1, 2023 Installment date | $ | 1.11 |  |  | 5.42 | % |  | — |  |  | 0.50 |  | 90.68 | % |  |  |
July 31, 2023 for August 1, 2023 Installment date | $ | 1.14 |  |  | 5.53 | % |  | — |  |  | 0.42 |  | 59.89 | % |  |  |
August 31, 2023 for September 1, 2023 Installment date | $ | 1.71 |  |  | 5.54 | % |  | — |  |  | 0.33 |  | 69.85 | % |  |  |
September 30, 2023 for October 1, 2023 Installment date | $ | 1.21 |  |  | 5.56 | % |  | — |  |  | 0.25 |  | 78.21 | % |  |  |
Below are the specific assumptions utilized:
Warrants |  |  |  |  |  |  | September 30, 2023
Common stock market price |  |  |  |  |  |  | $ | 1.21 |
Risk-free interest rate |  |  |  |  |  |  | 4.49 | %
Expected dividend yield |  |  |  |  |  |  | — |
Expected term (in years) |  |  |  |  |  |  | 3.87 |
Expected volatility |  |  |  |  |  |  | 66.05 | %
Additional Warrants |  |  |  |  |  |  | September 30, 2023
Common stock market price |  |  |  |  |  |  | $ | 1.21 |
Risk-free interest rate |  |  |  |  |  |  | 4.49 | %
Expected dividend yield |  |  |  |  |  |  | — |
Expected term (in years) |  |  |  |  |  |  | 4.37 |
Expected volatility |  |  |  |  |  |  | 69.23 | %
Balance of the Notes | The current balance of the Notes as of September 30, 2023 is as follows (unaudited, in thousands):
| Current |  |  |  |
Gross Balance as of September 30, 2023 | $ | 4,051 |  |  |  |  |
Unamortized Discount | (562) |  |  |  |  |
Unamortized Issuance Costs | (33) |  |  |  |  |
Net Balance as of September 30, 2023 | $ | 3,456 |  |  |  |  |

X
- 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
Name: | us-gaap_ConvertibleDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 -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 + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration