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Financing Arrangements (Tables)
6 Months Ended
Jun. 30, 2023
Debt Disclosure [Abstract]  
Summary of Fair Value of Convertible Notes

Fair value of convertible notes (in thousands):

 

 

 

Fair Value at

 

 

 

June 30, 2023

 

 

December 31, 2022

 

2017 Convertible Notes

 

$

13,243

 

 

$

15,242

 

2020 Convertible Note

 

 

555

 

 

 

706

 

2017 Convertible Term Note

 

 

21,308

 

 

 

13,148

 

Total

 

$

35,106

 

 

$

29,096

 

Summary of Fair Value of SAFE Notes

Fair value of SAFE notes (in thousands):

 

 

 

Fair Value at

 

 

 

June 30, 2023

 

 

December 31, 2022

 

SAFE note with LamVen, a related party

 

$

10,302

 

 

$

5,403

 

SAFE note with LamJam, a related party

 

 

9,520

 

 

 

 

SAFE note with Park Lane, a related party

 

 

10,302

 

 

 

5,403

 

SAFE note with iHeart Media

 

 

13,736

 

 

 

7,203

 

SAFE note with Palantir

 

 

12,362

 

 

 

6,484

 

SAFE note with a private investor

 

 

137

 

 

 

72

 

SAFE note with a private investor

 

 

343

 

 

 

 

SAFE-T

 

 

143

 

 

 

149

 

Total

 

$

56,845

 

 

$

24,714

 

Less: SAFE notes at fair value, current

 

$

(46,844

)

 

$

(149

)

SAFE notes at fair value, long term

 

$

10,001

 

 

$

24,565