Quarterly report pursuant to Section 13 or 15(d)

Notes Payable (Tables)

v3.23.1
Notes Payable (Tables)
3 Months Ended
Mar. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Notes Payable
Notes payable as of March 31, 2023 and December 31, 2022 consist of the following:

March 31, 2023 December 31, 2022
Convertible Note $ 59,863 $ 73,863
Facility 3,000 3,000
Total debt principal 62,863 76,863
Unamortized debt discount - Convertible Note (10,086) (14,735)
Unamortized debt discount - Facility (22) (25)
Total long-term debt $ 52,755 $ 62,103
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):

Three Months Ended March 31,
2023 2022
Balance at beginning of period $ 78  $ 17,418 
(Gain) Loss (39) (2,555)
Change resulting from conversions (13)
Balance at end of period $ 26 $ 14,863
Schedule of Debt Maturities
The total balance of all debt matures as follows:

Period Ending December 31,
Amount
2023 (remainder of the year)
$ — 
2024 62,863 
2025 — 
Thereafter — 
Total $ 62,863