XML 39 R27.htm IDEA: XBRL DOCUMENT
v3.24.1.1.u2

Debt (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
Debt Disclosure [Abstract] |
Summary of Outstanding Debt | The fair value and face value principal outstanding of the Senior Convertible Notes as of the dates indicated are as follows: Summary of Outstanding Debt
|  | Contractual Maturity Date |  | Stated Interest Rate |  |  | Conversion Price per Share |  |  | Face Value Principal Outstanding |  |  | Fair Value |
April 2022 Senior Convertible Note |  | April 4, 2025 |  |  | 7.875 | % |  | $ | 75.00 |  |  | $ | 17,602 |  |  | $ | 18,800 |
September 2022 Senior Convertible Note |  | September 8, 2025 |  |  | 7.875 | % |  | $ | 75.00 |  |  |  | 8,782 |  |  |  | 13,600 |
Lucid March 2023 Senior Convertible Note |  | March 21, 2025 |  |  | 7.875 | % |  | $ | 5.00 |  |  |  | 10,936 |  |  |  | 13,140 |
Balance as of March 31, 2024 |  |  |  |  |  |  |  |  |  |  |  | $ | 37,320 |  |  | $ | 45,540 |
|  | Contractual Maturity Date |  | Stated Interest Rate |  |  | Conversion Price per Share |  |  | Face Value Principal Outstanding |  |  | Fair Value |
April 2022 Senior Convertible Note |  | April 4, 2025 |  |  | 7.875 | % |  | $ | 75.00 |  |  | $ | 17,602 |  |  | $ | 19,000 |
September 2022 Senior Convertible Note |  | September 6, 2025 |  |  | 7.875 | % |  | $ | 75.00 |  |  |  | 9,062 |  |  |  | 11,250 |
Lucid March 2023 Senior Convertible Note |  | March 21, 2025 |  |  | 7.875 | % |  | $ | 5.00 |  |  |  | 11,019 |  |  |  | 13,950 |
Balance as of December 31, 2023 |  |  |  |  |  |  |  |  |  |  |  | $ | 37,683 |  |  | $ | 44,200 |
Schedule of Changes in Fair Value of Debt | The changes in the fair value of debt during the three month period ended March 31, 2024 is as follows: Schedule of Changes in Fair Value of Debt
|  | April 2022 Senior Convertible Note |  |  | September 2022 Senior Convertible Note |  |  | Lucid March 2023 Senior Convertible Note |  |  | Sum of Balance Sheet Fair Value Components |  |  | Other Income (expense) |
Fair Value - December 31, 2023 |  | $ | 19,000 |  |  | $ | 11,250 |  |  | $ | 13,950 |  |  | $ | 44,200 |  |  | $ | — |
Installment repayments – common stock |  |  | — |  |  |  | (280 | ) |  |  | (83 | ) |  |  | (363 | ) |  |  | — |
Non-installment payments – common stock |  |  | — |  |  |  | (24 | ) |  |  | (436 | ) |  |  | (460 | ) |  |  | — |
Change in fair value |  |  | (200 | ) |  |  | 2,654 |  |  |  | (291 | ) |  |  | 2,163 |  |  |  | (2,163 | )
Fair Value at March 31, 2024 |  | $ | 18,800 |  |  | $ | 13,600 |  |  | $ | 13,140 |  |  | $ | 45,540 |  |  |  | - |
Other Income (Expense) - Change in fair value – three month period ended March 31, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (2,163 | )
The changes in the fair value of debt during the three month period ended March 31, 2023 is as follows:
|  | April 2022 Senior Convertible Note |  |  | September 2022 Senior Convertible Note |  |  | Lucid March 2023 Senior Convertible Note |  |  | Sum of Balance Sheet Fair Value Components |  |  | Other Income (expense) |
Fair Value - December 31, 2022 |  | $ | 22,000 |  |  | $ | 11,650 |  |  | $ | — |  |  | $ | 33,650 |  |  | $ | — |
Face value principal – issue date |  |  | — |  |  |  | — |  |  |  | 11,111 |  |  |  | 11,111 |  |  |  | — |
Fair value adjustment – issue date |  |  | — |  |  |  | — |  |  |  | 789 |  |  |  | 789 |  |  |  | (789 | )
Installment repayments – common stock |  |  | (1,335 | ) |  |  | — |  |  |  | — |  |  |  | (1,335 | ) |  |  | — |
Non-installment payments – common stock |  |  | (166 | ) |  |  | — |  |  |  | — |  |  |  | (166 | ) |  |  | — |
Change in fair value |  |  | 251 |  |  |  | — |  |  |  | — |  |  |  | 251 |  |  |  | (251 | )
Fair Value at March 31, 2023 |  | $ | 20,750 |  |  | $ | 11,650 |  |  | $ | 11,900 |  |  | $ | 44,300 |  |  |  | - |
Other Income (Expense) - Change in fair value – three month period ended March 31, 2023 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (1,040 | )

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 information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCarryingValuesAndEstimatedFairValuesOfDebtInstrumentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration