Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2023

Accounting Policies [Abstract]

Schedule of Fair Value Measurements

	Fair Value Measurements at March 31, 2023
	Quoted Prices in Active Markets for Identical Assets		Other Observable Inputs		Significant Unobservable Inputs
(in thousands)	(Level 1)		(Level 2)		(Level 3)		Total
Derivative liability	$	-	$	-	$	5,890	$	5,890
Total	$	-	$	-	$	5,890	$	5,890

Schedule of Roll Forward of Level 3 Financial Instruments

A roll forward of the level 3 valuation financial instruments is as follows:

	Three Months Ended March 31, 2023
(In thousands)	Warrants			Notes			Total
Balance at December 31, 2022	$	5,075		$	1,311		$	6,386
Initial valuation of derivative liabilities included in debt discount		265			-			265
Initial valuation of derivative liabilities included in derivative expense		422			-			422
Reclassification of derivative liabilities to gain on debt extinguishment		-			(44	)		(44	)
Change in fair value included in derivative expense (income)		(970	)		(169	)		(1,139	)
Balance at December 31, 2022	$	4,792		$	1,098		$	5,890

Schedule of Earnings Per Share, Basic and Diluted

The following table presents the computation of net loss per share (in thousands, except share and per share data):

	March 31,
(in thousands except share and per share data)	2023			2022
Numerator
Net loss	$	(886	)	$	(74	)
Preferred stock dividends		(26	)		(364	)
Net Loss allocable to common stockholders	$	(912	)	$	(438	)
Denominator
Weighted average common shares outstanding used to compute net loss per share, basic and diluted		3,176,952			858,959
Net loss per share of common stock, basic and diluted
Net loss per share, basic and diluted	$	(0.29	)	$	(0.51	)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following number of shares have been excluded from diluted net (loss) since such inclusion would be anti-dilutive:

	March 31,
	2023		2022
Stock options outstanding		19,000		19,000
Convertible notes		5,645,582		2,695,061
Warrants		9,370,490		3,965,804
Series C Preferred Stock		3,334		3,334
Series D Preferred Stock		2,500		2,500
Series E Preferred Stock		185,980		2,194,844
Series F Preferred Stock		-		231,360
Total		15,226,886		9,111,903