Annual report pursuant to Section 13 and 15(d)

CONVERTIBLE NOTES (Tables)

v3.23.1
CONVERTIBLE NOTES (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Convertible Notes
Convertible notes as of December 31, 2022 and 2021 were as follows (in thousands):
December 31,
2022 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 
Default premium 179  — 
Conversion of note into common shares (1,514) (230)
Accretion of OID and amortization of debt issuance costs 395  71 
Repayment (675) — 
Settlement (110) — 
Carrying amount $ —  $ 612