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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 33 $ 38
Account receivable, net 276
Prepaid expenses 76 86
Other current assets 104 109
Total current assets 489 233
Property and equipment, net 227 14
Right-of-use lease asset 1,458
Intangible assets, net 2,363 378
Goodwill 2,369
Other assets 100
Total assets 6,906 725
Current liabilities    
Accounts payable 5,307 4,556
Related parties’ payables and promissory notes 3,584 1,591
Notes payable 7,982 4,203
Accrued severance 1,954 1,696
Accrued settlement 1,974 2,260
Right-of-use lease liability 110
Accrued and other liabilities 395 30
Total current liabilities 21,306 14,336
Warrant liabilities 8
Right-of-use lease liability, non-current 1,348
Other liabilities 219 481
Total liabilities 23,073 14,825
Commitments and contingencies (Note 15)
Stockholders’ deficit    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized, none issued or outstanding as of June 30, 2024 and December 31, 2023
Class A Common Stock, $0.0001 par value, 500,000,000 shares authorized, 11,277,820 and 7,646,032 shares issued and outstanding, respectively, as of June 30, 2024 and December 31, 2023 1 1
Additional paid-in capital 165,564 162,959
Accumulated deficit (181,693) (177,060)
Total FOXO’s stockholders’ deficit (16,128) (14,100)
Noncontrolling interest (39)
Total stockholders’ deficit (16,167) (14,100)
Total liabilities and stockholders’ deficit 6,906 725
Related Party [Member]    
Current liabilities    
Related party payable $ 200