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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 38 $ 5,515
Supplies 1,313
Prepaid expenses 86 2,686
Prepaid consulting fees 2,676
Other current assets 109 114
Total current assets 233 12,304
Reinsurance recoverables 18,573
Intangible assets, net 378 2,043
Cloud computing arrangements, net 2,225
Other assets 114 263
Total assets 725 35,408
Current liabilities    
Accounts payable 4,556 3,466
Senior PIK Notes 4,203 1,409
Accrued severance 1,696 1,045
Accrued settlement 2,260
Accrued and other liabilities 30 493
Total current liabilities 14,336 6,913
Warrant liabilities 8 311
Senior PIK Notes 1,730
Policy reserves 18,573
Other liabilities 481 1,173
Total liabilities 14,825 28,700
Commitments and contingencies (Note 15)
Stockholders’ (deficit) equity    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized, none issued or outstanding as of December 31, 2023 and 2022
Class A common stock, $0.0001 par value, 500,000,000 shares authorized, 7,646,032 and 2,966,967 shares issued, respectively, and 7,646,032 and 2,752,890 shares outstanding, respectively, as of December 31, 2023 and December 31, 2022 1
Treasury stock, at cost, 0 and 214,077 shares issued and outstanding as of December 31, 2023 and 2022, respectively
Additional paid-in capital 162,959 153,939
Accumulated deficit (177,060) (147,231)
Total stockholders’ (deficit) equity (14,100) 6,708
Total liabilities and stockholders’ (deficit) equity 725 35,408
Related Party    
Current liabilities    
Related parties payable and promissory notes $ 1,591 $ 500