XML 17 R6.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Statements of Stockholders’ Equity (Deficit) - USD ($)
$ in Thousands
(new) FOXO Technologies Operating Company FOXO Technologies Operating Company
Series A
Preferred Stock
(new) FOXO Technologies Operating Company FOXO Technologies Operating Company
Class A
Common Stock
(new) FOXO Technologies Operating Company FOXO Technologies Operating Company
Class B
Common Stock
FOXO Technologies Inc.
Class A
Common Stock
Stockholder Subscription Receivable
Additional Paid-in- Capital
Accumulated Deficit
Treasury Stock Shares
Total
Balance at Dec. 31, 2020 $ 21,854   $ (3,750) $ 4,104 $ (13,488)   $ 8,720
Balance (in Shares) at Dec. 31, 2020 8,000,000   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            
Activity prior to the business combination:                  
Net loss (38,488)   (38,488)
Lease contributions 547   547
Equity-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, 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:                  
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              
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          
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)  
Net loss (45,437)   (45,437)
Lease contributions 225   225
Equity-based compensation 716   716
Issuance of shares for exercised stock options  
Issuance of shares for exercised stock options (in Shares)   14,946