Annual report pursuant to Section 13 and 15(d)

Short-Term and Long-Term Debt (Tables)

v3.23.1
Short-Term and Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Long-term Debt

 

(in thousands)   As of December 31, 2022     As of December 31, 2021  
Senior Secured Convertible Debenture   $ -     $ 500  
EDIL Loan     200          
Debt Discount     (383 )     (467 )
Senior Secured Convertible Debenture, net     (183 )     33  
Paycheck Protection Program loan     1,000       1,000  
Paycheck Protection Program loan 2     742       1,900  
IPFS Insurance Premium Note Payable     -       11  
Total debt     1,559       2,944  
Less current portion of long-term debt     (1,001 )     (1,011 )
Total long-term debt, net of current portion   $ 558     $ 1,933  
Schedule of Short-term Related Party Debt

(in thousands)   As of December 31, 2022     As of December 31, 2021  
Senior Secured Convertible Debenture - related party   $ 2,413     $ 346  
Debt Discount-related party     -       (204 )
Senior Secured Convertible Debenture - related party, net   $ 2,413     $ 142  
Schedule of Debt Maturities

 

         
2023   $ 2,566  
2024     148  
2025     148  
2026     148  
Thereafter     1,161  
Total debt   $ 4,171