Annual report pursuant to Section 13 and 15(d)

Convertible Debt (Tables)

v3.24.1
Convertible Debt (Tables)
12 Months Ended
Dec. 31, 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.

 

 

 

December 31, 2023

 

 

December 31, 2022

 

 

 

Principal

 

 

Carrying

 

 

Fair

 

 

Principal

 

 

Carrying

 

 

Fair

 

 

 

Amount

 

 

Value

 

 

Value

 

 

Amount

 

 

Value

 

 

Value

 

December 2021 Convertible Debt

 

$

15,000

 

 

$

16,662

 

 

$

16,652

 

 

$

15,000

 

 

$

16,071

 

 

$

16,987

 

As of December 31, 2023, the Convertible Debt balance was comprised of the following:

 

 

 

Year Ended

 

 

December 31,

 

 

2023

 

 

2022

 

 

Convertible Debt Information

 

 

 

 

 

 

 

Principal

 

$

15,000

 

 

$

15,000

 

 

Transaction Costs

 

 

(5

)

 

 

(67

)

 

Accrued paid-in-kind interest

 

 

2,311

 

 

 

1,138

 

 

Discount on modification of debt

 

 

(1,074

)

 

 

 

 

Accretion of discount on modification of debt

 

 

430

 

 

 

 

 

 

 

 

16,662

 

 

 

16,071