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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 5,515 $ 6,856
Supplies 1,313 295
Prepaid expenses 2,686 444
Prepaid consulting fees 2,676
Other current assets 114 23
Total current assets 12,304 7,618
Intangible assets 2,043 191
Reinsurance recoverables 18,573 19,463
Cloud computing arrangements 2,225 2,745
Other assets 263 287
Total assets 35,408 30,304
Current liabilities    
Accounts payable 3,466 3,456
Related party payable 500
PIK Notes 1,409
Accrued severance 1,045
Accrued and other liabilities 493 402
Related party convertible debentures 9,967
Convertible debentures 22,236
Total current liabilities 6,913 36,061
Warrant liability 311
PIK Notes 1,730
Policy reserves 18,573 19,463
Other liabilities 1,173
Total liabilities 28,700 55,524
Commitments and contingencies (Note 13)
Stockholders’ equity (deficit)    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized, none issued or outstanding as of December 31, 2022
Class A common stock, $0.0001 par value, 500,000,000 shares authorized, 29,669,830issued, and 27,529,069 outstanding as ofDecember 31, 2022 3
Treasury stock, at cost, 2,140,761 as of December 31, 2022
Undesignated preferred stock, $.00001 par value;90,000,000 shares authorized, none issued and outstanding as of December 31, 2021
Non-redeemable preferred stock series A, $.00001 par value; 10,000,000 shares authorized, 8,000,000 shares issued and outstandingas of December 31, 2021 21,854
Common stock class A, $.00001 par value; 800,000,000 shares authorized; 30,208 shares issued and outstanding as ofDecember 31, 2021
Common stock class B, $.00001 par value, 100,000,000 shares authorized; 2,000,000 shares issued and outstanding as of December 31, 2021
Additional paid-in capital 153,936 4,902
Accumulated deficit (147,231) (51,976)
Total stockholders’ equity (deficit) 6,708 (25,220)
Total Liabilities and Stockholders’ Equity (Deficit) $ 35,408 $ 30,304