Quarterly report pursuant to Section 13 or 15(d)

Convertible Debt (Tables)

v3.23.3
Convertible Debt (Tables)
9 Months Ended
Sep. 30, 2023
Debt Disclosure [Abstract]  
Schedule of Aggregate Fair Value of Principal Amount of Convertible Debt The aggregate fair value of the principal amount of the convertible debt is a Level 2 fair value measurement.

 

 

 

September 30, 2023

 

 

December 31, 2022

 

 

 

Principal

 

 

Carrying

 

 

Fair

 

 

Principal

 

 

Carrying

 

 

Fair

 

 

 

Amount

 

 

Value

 

 

Value

 

 

Amount

 

 

Value

 

 

Value

 

December 2021 Convertible Debt

 

$

15,000

 

 

$

16,195

 

 

$

16,193

 

 

$

15,000

 

 

$

16,071

 

 

$

16,987

 

As of September 30, 2023 and December 31, 2022, the Convertible Term Loan balance, including the Convertible Debt balance, was comprised of the following:

 

 

September 30,

 

 

December 31,

 

 

2023

 

 

2022

 

Convertible Term Loan Information

 

 

 

 

 

Principal

$

15,000

 

 

$

15,000

 

Transaction Costs

 

(11

)

 

 

(67

)

Accrued paid-in-kind interest

 

2,012

 

 

 

1,138

 

Discount on modification of debt

 

(1,074

)

 

 

 

Accretion of discount on modification of debt

 

268

 

 

 

 

 

 

16,195

 

 

 

16,071