Quarterly report pursuant to Section 13 or 15(d)

CONVERTIBLE NOTES (Tables)

v3.22.1
CONVERTIBLE NOTES (Tables)
3 Months Ended
Mar. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Convertible Debt
Convertible notes as of March 31, 2022 and December 31, 2021 were as follows (in thousands):
March 31, 2022 December 31, 2021
Principal amount $ 2,120  $ 1,060 
Less: Original issuance discount (OID) (120) (60)
Less: Debt issuance costs (275) (229)
Net proceeds 1,725  771 
Conversion of note into common shares (905) (230)
Accretion of OID and amortization of debt issuance costs 216  71 
Carrying amount $ 1,036  $ 612