Related Party Transactions |
6 Months Ended |
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Jun. 30, 2023 | |
Related Party Transactions [Abstract] | |
Related Party Transactions | 16. Related Party Transactions CEO conversion of deferred salaries During the six months ended June 30, 2023, our majority shareholder and CEO converted a portion of his deferred salaries, totaling $78, into Class A Common Shares, with no gain or loss recorded. Board member conversion of deferred salaries During the six months ended June 30, 2023, two independent board members converted a portion of their deferred salaries, totaling $69, into Warrants to purchase Class A Common Shares with a strike price of $and 5-years from issuance as expiration date. The conversion did not generate any gain or loss. During the six months ended June 30, 2023, one independent board members who served as consultant before joining the Board converted portion of his previous invoices, totaling $90, into Class A Common Shares, generating a gain for the Company amounted to $25 recorded as Sales and Marketing. CEO Purchase of Series B Preferred Stock On March 13, 2023, the Company issued Series B had no voting rights, except that each share of Series B was entitled to 80,000 votes at a shareholder meeting on whether to enact a reverse stock split. Holder of Company’s Series B was required to vote any proposal for a reverse stock split on a “mirrored” basis. This meant that the Series B holder was required to cast their votes “For” and “Against” each such proposal in the same proportions as the holders of Company’s Class A Common shares eligible and voting at the Special Meeting cast their votes, in the aggregate. On March 30, 2023, the Company’s Series B Preferred Stock have been redeemed following the stockholder meeting for $ per share. As of March 31, 2023, there were shares of Series B Preferred Stock issued and outstanding. Series B Preferred Stock to the Company’s CEO for an aggregate purchase price of $0.5.Related party shipping During the three months ended June 30, 2023, the Company recorded as Cost of Revenues $56 for shipping services provided by a related party. In detail, the service provider is a Company whose CEO is a parent of the CEO of micromobility.com. |