XML 70 R6.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Condensed Consolidated Statements of Stockholders’ (Deficit) Equity (Unaudited) - USD ($)
$ in Thousands
Note Warrant
Preferred Stock
Series A
FOXO Technologies Operating Company
Note Warrant
Common Stock
Class A
FOXO Technologies Operating Company
Note Warrant
Common Stock
Class A
FOXO Technologies Inc.
Note Warrant
Common Stock
Class B
FOXO Technologies Operating Company
Note Warrant
Additional Paid-in Capital
Note Warrant
Accumulated Deficit
Note Warrant
Employee Stock
Preferred Stock
Series A
FOXO Technologies Operating Company
Employee Stock
Common Stock
Class A
FOXO Technologies Operating Company
Employee Stock
Common Stock
Class A
FOXO Technologies Inc.
Employee Stock
Common Stock
Class B
FOXO Technologies Operating Company
Employee Stock
Treasury Stock
FOXO Technologies Inc.
Employee Stock
Additional Paid-in Capital
Employee Stock
Accumulated Deficit
Employee Stock
Private Placement
Preferred Stock
Series A
FOXO Technologies Operating Company
Private Placement
Common Stock
Class A
FOXO Technologies Operating Company
Private Placement
Common Stock
Class A
FOXO Technologies Inc.
Private Placement
Common Stock
Class B
FOXO Technologies Operating Company
Private Placement
Treasury Stock
FOXO Technologies Inc.
Private Placement
Additional Paid-in Capital
Private Placement
Accumulated Deficit
Private Placement
Preferred Stock
Series A
FOXO Technologies Operating Company
Common Stock
Class A
FOXO Technologies Operating Company
Common Stock
Class A
FOXO Technologies Inc.
Common Stock
Class B
FOXO Technologies Operating Company
Treasury Stock
FOXO Technologies Inc.
Additional Paid-in Capital
Accumulated Deficit
Total
Balance beginning at Dec. 31, 2021                                               $ 21,854   $ 4,902 $ (51,976) $ (25,220)
Balance beginning (in Shares) at Dec. 31, 2021                                               800,000 3,021 200,000      
Net loss to common stockholders $ (45,437) $ (45,437)   $ (31,495) $ 31,495                               (76,932)
Lease contributions                                                 225 225
Equity-based compensation                                               $ 1   329 330
Equity-based compensation (in Shares)                                                   917,500          
Cantor Commitment Fee                                                 1,600 1,600
Cantor Commitment Fee (in Shares)                                                   19,048          
Balance ending at Sep. 30, 2022                                               $ 3   144,672 (128,908) 15,767
Balance ending (in Shares) at Sep. 30, 2022                                               3,302,784      
Equity-based compensation                                                 717 717
Warrant repurchase                                                 (507) (507)
Issuance of shares for exercised stock options                                                
Issuance of shares for exercised stock options (in Shares)                                               1,495      
Issuance of shares for consulting agreement                                                 211 211
Issuance of shares for consulting agreement (in Shares)                                               150,000      
Conversion of Series A Preferred Stock                                               $ (21,854)   21,854
Conversion of Series A Preferred Stock (in Shares)                                               (800,000) 800,000      
Conversion of Bridge Loans                                                 88,975 88,975
Conversion of Bridge Loans (in Shares)                                               1,517,273      
Conversion of Class B Common Stock                                                
Conversion of Class B Common Stock (in Shares)                                               200,000 (200,000)      
Conversion of existing Class A Common Stock                                               $ 1   1
Conversion of existing Class A Common Stock (in Shares)                                               (2,671,789) 1,551,871      
Reverse recapitalization                                               $ 1   19,677 19,678
Reverse recapitalization (in Shares)                                               814,365      
Balance beginning at Jun. 30, 2022                                               $ 21,854   12,026 (87,882) (54,002)
Balance beginning (in Shares) at Jun. 30, 2022                                               800,000 154,516 200,000      
Net loss to common stockholders $ (9,531) $ (9,531)   $ (31,495) $ (31,495)                               (41,026)
Net loss to common stockholders (in Shares)                                                    
Equity-based compensation                                               $ 1   329 330
Equity-based compensation (in Shares)                                               917,500      
Cantor Commitment Fee                                                 1,600 1,600
Cantor Commitment Fee (in Shares)                                               19,048      
Balance ending at Sep. 30, 2022                                               $ 3   144,672 (128,908) 15,767
Balance ending (in Shares) at Sep. 30, 2022                                               3,302,784      
Equity-based compensation                                                 211 211
Conversion of Series A Preferred Stock                                               $ (21,854)   21,854
Conversion of Series A Preferred Stock (in Shares)                                               (800,000) 800,000      
Conversion of Bridge Loans                                                 88,975 88,975
Conversion of Bridge Loans (in Shares)                                               1,517,273      
Conversion of Class B Common Stock                                                
Conversion of Class B Common Stock (in Shares)                                               200,000 (200,000)      
Conversion of existing Class A Common Stock                                               $ 1   1
Conversion of existing Class A Common Stock (in Shares)                                               (2,671,789) 1,551,871      
Reverse recapitalization                                               $ 1   19,677 19,678
Reverse recapitalization (in Shares)                                               814,365      
Balance beginning at Dec. 31, 2022                                               $ 3   153,936 (147,231) 6,708
Balance beginning (in Shares) at Dec. 31, 2022                                               2,966,967 (214,077)      
Net loss to common stockholders                                                 (25,970) (25,970)
Stock-based compensation                                                 226 226
Stock-based compensation (in Shares)                                               (365,132)      
2022 Debenture Release                                               $ 1   2,180 2,181
2022 Debenture Release (in Shares)                                               703,500      
PIK Note Amendment                                                 1,339 1,339
PIK Note Amendment (in Shares)                                               432,188      
Exchange Offer                                               $ 1   2,466 2,467
Exchange Offer (in Shares)                                               795,618      
Private placements net of issuance costs                                               $ 1   443 443
Private placements net of issuance costs (in Shares)                                                   929,376          
Issuance of shares to Joseph Gunner                                                 221 221
Issuance of shares to Joseph Gunner (in Shares)                                                   276,875          
Treasury stock                                                
Treasury stock (in Shares)                                               (214,077) 214,077      
Issuance of shares to MSK                                                 234 234
Issuance of shares to MSK (in Shares)                                                   292,867          
Deemed dividends from trigger of down round provisions of Assumed Warrants                                                       912 912
Issuance of shares to employees                                                 135 135
Issuance of shares to employees (in Shares)                                                   98,670          
Cantor Commitment Fee                                                            
Balance ending at Sep. 30, 2023                               $ 6   $ 162,092 $ (173,201) $ (11,103) $ 5   162,092 (173,201) (11,103)
Balance ending (in Shares) at Sep. 30, 2023                               5,916,852       5,916,852      
Balance beginning at Jun. 30, 2023                                               $ 5   161,594 (168,629) (7,030)
Balance beginning (in Shares) at Jun. 30, 2023                                               4,648,096      
Net loss to common stockholders                                                 (4,572) (4,572)
Stock-based compensation                                                 (1,447) (1,447)
Stock-based compensation (in Shares)                                               (329,032)      
Private placements net of issuance costs                                               $ 1   443 444
Private placements net of issuance costs (in Shares)                                               929,376      
Issuance of shares to Joseph Gunner                                                         221   221
Issuance of shares to Joseph Gunner (in Shares)                                                   276,875          
Issuance of shares to MSK                                                         234 234
Issuance of shares to MSK (in Shares)                                                   292,867          
Deemed dividends from trigger of down round provisions of Assumed Warrants                                                 912 912
Issuance of shares to employees                                                 135 135
Issuance of shares to employees (in Shares)                                               98,670      
Balance ending at Sep. 30, 2023                               $ 6   $ 162,092 $ (173,201) $ (11,103) $ 5   $ 162,092 $ (173,201) $ (11,103)
Balance ending (in Shares) at Sep. 30, 2023                               5,916,852       5,916,852