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Condensed Consolidated Statements of Stockholders’ (Deficit) Equity (Unaudited) - USD ($)
$ in Thousands
FOXO Technologies Operating Company
Series A
Preferred Stock
FOXO Technologies Operating Company
Class A
Common Stock
FOXO Technologies Operating Company
Class B
Common Stock
FOXO Technologies Inc.
Class A
Common Stock
FOXO Technologies Inc.
Treasury Stock
Additional Paid-in-Capital
Accumulated Deficit
Stockholder Subscription Receivable
Total
Balance at Dec. 31, 2020 $ 21,854   $ 4,104 $ (13,488) $ (3,750) $ 8,720
Balance (in Shares) at Dec. 31, 2020 8,000,000 2,000,000          
Net loss   (38,488) (38,488)
Lease contributions   547 547
Stock based compensation   238 238
Subscriptions received   3,750 3,750
Warrants issued   13 13
Issuance of shares for restricted stock  
Issuance of shares for restricted stock (in Shares)   30,000              
Issuance of shares for exercised stock options  
Issuance of shares for exercised stock options (in Shares)   208              
Balance at Dec. 31, 2021 $ 21,854   4,902 (51,976) (25,220)
Balance (in Shares) at Dec. 31, 2021 8,000,000 30,208 2,000,000        
Net loss   (35,906)   (35,906)
Lease contributions   225   225
Stock based compensation   506   506
Warrant repurchase   (507)   (507)
Issuance of shares for exercised stock options    
Issuance of shares for exercised stock options (in Shares)   14,946              
Issuance of shares for consulting agreement   6,900   6,900
Issuance of shares for consulting agreement (in Shares)   1,500,000              
Balance at Jun. 30, 2022 $ 21,854   12,026 (87,882)   (54,002)
Balance (in Shares) at Jun. 30, 2022 8,000,000 1,545,154 2,000,000        
Balance at Dec. 31, 2021 $ 21,854   4,902 (51,976) (25,220)
Balance (in Shares) at Dec. 31, 2021 8,000,000 30,208 2,000,000        
Net loss   (45,437) (45,437)
Lease contributions   225 225
Warrant repurchase   (507) (507)
Issuance of shares for exercised stock options  
Issuance of shares for exercised stock options (in Shares)   14,946              
Issuance of shares for consulting agreement   6,900 6,900
Issuance of shares for consulting agreement (in Shares)   1,500,000              
Balance at Dec. 31, 2022 $ 3   153,936 (147,231) 6,708
Balance (in Shares) at Dec. 31, 2022 29,669,830 (2,140,761)        
Activity prior to the business combination:                  
Equity-based compensation   716 716
Conversion of Series A Preferred Stock $ (21,854)   21,854
Conversion of Series A Preferred Stock (in Shares) (8,000,000) 8,000,000              
Conversion of Bridge Loans   88,975 88,975
Conversion of Bridge Loans (in Shares)   15,172,729              
Conversion of Class B Common Stock  
Conversion of Class B Common Stock (in Shares)   2,000,000 (2,000,000)            
Conversion of existing Class A Common Stock $ 1       1
Conversion of existing Class A Common Stock (in Shares)   (26,717,883)   15,518,705          
Reverse recapitalization $ 1   19,688 19,689
Reverse recapitalization (in Shares)       8,143,649          
Activity after the business combination:                
Net loss   (49,818) (49,818)
Equity-based compensation $ 1   10,363 10,364
Equity-based compensation (in Shares)       5,517,000          
Cantor Commitment Fee   1,600 1,600
Cantor Commitment Fee (in Shares)       190,476          
Vendor share issuance         376     376
Vendor share issuance (in Shares)       300,000          
Share repurchase and forward purchase agreement settlement   (1,156) (1,156)
Share repurchase and forward purchase agreement settlement (in Shares)         (2,140,761)        
Balance at Mar. 31, 2022 $ 21,854   5,289 (64,343)   (37,200)
Balance (in Shares) at Mar. 31, 2022 8,000,000 45,154 2,000,000        
Net loss   (23,539)   (23,539)
Lease contributions   89   89
Stock based compensation   255   255
Warrant repurchase   (507)   (507)
Issuance of shares for consulting agreement   6,900   6,900
Issuance of shares for consulting agreement (in Shares)   1,500,000              
Balance at Jun. 30, 2022 $ 21,854   12,026 (87,882)   (54,002)
Balance (in Shares) at Jun. 30, 2022 8,000,000 1,545,154 2,000,000        
Balance at Dec. 31, 2022 $ 3   153,936 (147,231) 6,708
Balance (in Shares) at Dec. 31, 2022 29,669,830 (2,140,761)        
Net loss   (21,398)   (21,398)
Stock based compensation   1,673   1,673
Stock based compensation (in Shares)       (361,000)          
2022 Debenture Release $ 1   2,180   2,181
2022 Debenture Release (in Shares)       7,035,000          
PIK Note Amendment   1,339   1,339
PIK Note Amendment (in Shares)       4,321,875          
Exchange Offer $ 1   2,466   2,467
Exchange Offer (in Shares)       7,955,948          
Treasury stock    
Treasury stock (in Shares)       (2,140,761) 2,140,761       80,000
Balance at Jun. 30, 2023 $ 5   161,594 (168,629)   $ (7,030)
Balance (in Shares) at Jun. 30, 2023 46,480,892        
Balance at Mar. 31, 2023 $ 3   154,837 (154,870)   (30)
Balance (in Shares) at Mar. 31, 2023 29,558,830 (2,140,761)        
Net loss   (13,759)   (13,759)
Stock based compensation   772   772
Stock based compensation (in Shares)       (250,000)          
2022 Debenture Release $ 1   2,180   2,181
2022 Debenture Release (in Shares)       7,035,000          
PIK Note Amendment   1,339   1,339
PIK Note Amendment (in Shares)       4,321,875          
Exchange Offer $ 1   2,466   2,467
Exchange Offer (in Shares)       7,955,948          
Treasury stock    
Treasury stock (in Shares)       (2,140,761) 2,140,761        
Balance at Jun. 30, 2023 $ 5   $ 161,594 $ (168,629)   $ (7,030)
Balance (in Shares) at Jun. 30, 2023 46,480,892