Quarterly report pursuant to Section 13 or 15(d)

Notes Payable (Tables)

v3.22.2.2
Notes Payable (Tables)
9 Months Ended
Sep. 30, 2022
Debt Disclosure [Abstract]  
Schedule of Notes Payable
Notes payable as of September 30, 2022 and December 31, 2021 consist of the following:

September 30, 2022 December 31, 2021
Convertible Note $ 87,863 $ 87,863
Facility 3,000 3,000
Total debt principal 90,863 90,863
Unamortized debt discount - Convertible Note (20,167) (27,055)
Unamortized debt discount - Facility (29) (40)
Total long-term debt $ 70,667 $ 63,768
Schedule of Convertible Note Derivative Liability Measured at Fair Value
The following table provides a reconciliation of the beginning and ending balances for the convertible note derivative liability measured at fair value using significant unobservable inputs (Level 3):

Nine Months Ended September 30,
2022 2021
Balance at beginning of period $ 17,418  $ — 
Initial recognition May 6, 2021 17,063
(Gain) Loss (16,370) 9,290
Change resulting from conversions (4,985)
Balance at end of period $ 1,048 $ 21,368
Schedule of Debt Maturities
The total balance of all debt matures as follows:

Period Ending December 31,
Amount
2022 (remainder of the year)
$ — 
2023 — 
2024 90,863 
Thereafter — 
Total $ 90,863