Quarterly report pursuant to Section 13 or 15(d)

Convertible Debt (Tables)

v3.24.1.u1
Convertible Debt (Tables)
3 Months Ended
Mar. 31, 2024
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.

 

 

 

March 31, 2024

 

 

December 31, 2023

 

 

 

Principal

 

 

Carrying

 

 

Fair

 

 

Principal

 

 

Carrying

 

 

Fair

 

 

 

Amount

 

 

Value

 

 

Value

 

 

Amount

 

 

Value

 

 

Value

 

December 2021 Convertible Debt

 

$

15,000

 

 

$

17,141

 

 

$

17,084

 

 

$

15,000

 

 

$

16,662

 

 

$

16,652

 

As of March 31, 2024 and December 31, 2023, the Convertible Term Loan balance, including the Convertible Debt balance, was comprised of the following:

 

 

March 31,

 

 

December 31,

 

 

2024

 

 

2023

 

Convertible Term Loan Information

 

 

 

 

 

Principal

$

15,000

 

 

$

15,000

 

Transaction Costs

 

2

 

 

 

(5

)

Accrued paid-in-kind interest

 

2,622

 

 

 

2,311

 

Discount on modification of debt

 

(1,074

)

 

 

(1,074

)

Accretion of discount on modification of debt

 

591

 

 

 

430

 

 

 

17,141

 

 

 

16,662