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Notes Payable and Convertible Promissory Notes (Tables)
6 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Schedule of Outstanding Term Loans

The following table summarizes the Company’s outstanding term loans:

 

(in thousands) 

June 30,

2022

  

December 30,

2021

 
2019 Term Loan  $5,677   $5,677 
2022 Term Loan   2,222    - 
Notes payable   7,899    5,677 
Unamortized discounts   (1,592)   - 
Loans payable  $6,307   $5,677 

Schedule of Convertible Promissory Notes

The following table summarizes the Company’s outstanding convertible notes as of June 30, 2022, and December 31, 2021:

(in thousands)  June 30, 2022   December 31, 2021 
Convertible Notes  $1,431   $1,516 
Unamortized discounts and fees   (392)   (530)
Convertible notes payable, net  $1,039   $986 
Schedule of Fair Value of Derivative Liabilities Estimated Issuance and Valuation Mode

During the six months period ended June 30, 2022, the fair value of the derivative liabilities was estimated at issuance and at June 30, 2022, using the Binomial Lattice valuation model with the following assumptions:

 

Dividend rate   %
Term (in years)   0.0 to 1.07 year 
Volatility   206% to 317.47%
Risk-free interest rate   1.28% to 3.01%