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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Net revenues $ 28 $ 12 $ 35 $ 25
Operating expenses:        
Direct costs of revenues 31 31
Research and development 104 333 269 642
Management contingent share plan expense 8 648 41 1,412
Impairment of intangible assets and cloud computing arrangements 2,633 2,633
Selling, general and administrative expenses 1,474 4,003 2,462 10,335
Total operating expenses 1,617 7,617 2,803 15,022
Loss from operations (1,589) (7,605) (2,768) (14,997)
Change in fair value of warrant liability 208 8 208
Loss from PIK Note Amendment and 2022 Debenture Release (3,521) (3,521)
Interest expense (542) (492) (843) (717)
Other (expense) income (33) 117 (65) 95
Total non-operating expense (575) (3,688) (900) (3,935)
Loss before income taxes (2,164) (11,293) (3,668) (18,932)
Provision for income taxes
Net loss (2,164) (11,293) (3,668) (18,932)
Noncontrolling interest 1 1
Net loss attributable to FOXO (2,163) (11,293) (3,667) (18,932)
Deemed dividends related to the Exchange Offer and extension of and trigger of down round provisions of Assumed Warrants (310) (2,466) (966) (2,466)
Net loss to common stockholders $ (2,473) $ (13,759) $ (4,633) $ (21,398)
Common Class A [Member]        
Operating expenses:        
Net loss per share of Class A common stock, basic $ (0.24) $ (4.87) $ (0.48) $ (8.31)
Net loss per share of Class A common stock, diluted $ (0.24) $ (4.87) $ (0.48) $ (8.31)
Weighted average shares of Class A common stock, basic 10,341 2,827 9,629 2,574
Weighted average shares of Class A common stock, diluted 10,341 2,827 9,629 2,574