Quarterly report pursuant to Section 13 or 15(d)

Short-Term and Long-Term Debt (Tables)

v3.23.2
Short-Term and Long-Term Debt (Tables)
3 Months Ended
Mar. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Long-term Debt

 Schedule of Long-term Debt

(in thousands)  

As of

March 31, 2023

   

As of

December 31, 2022

 
Senior Secured Convertible Debenture         $  
EIDL Loan     200     $ 200  
Debt Discount     (383 )     (383 )
Senior Secured Convertible Debenture, net     (183 )     (183 )
Paycheck Protection Program loan     1,000       1,000  
Paycheck Protection Program loan 2     742       742  
IPFS Insurance Premium Note Payable            
Total debt     1,559       1,559  
Less current portion of long-term debt     (1,001 )     (1,001 )
Total long-term debt, net of current portion     558     $ 558  
Schedule of Short-term Related Party Debt

Schedule of Short-term Related Party Debt

(in thousands)  

As of

March 31, 2023

   

As of

December 31, 2022

 
Senior Secured Convertible Debenture - related party   $ 3,281     $ 2,413  
Debt Discount-related party     (21 )      
Senior Secured Convertible Debenture - related party, net   $ 3,260     $ 2,413  
Schedule of Debt Maturities

The following is a summary of scheduled debt maturities by year (in thousands):

 

         
2023     4,619  
2024     12  
2025     12  
2026     12  
Thereafter     164  
Total debt   $ 4,819