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Notes Payable and Convertible Promissory Notes (Tables)
3 Months Ended
Mar. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Outstanding Term Loans

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

 

(in thousands)  March 31,
2023
   December 31,
2022
 
2019 Term Loan  $5,677   $5,677 
2022 Term Loans   2,712    2,365 
2023 Term Loans   768    - 
Notes payable   9,157    8,042 
Unamortized discounts and fees   (759)   (709)
Loans payable  $8,398   $7,333 
Schedule of Convertible Promissory Notes

The following table summarizes the Company’s outstanding convertible notes as of March 31, 2023, and December 31, 2022:

 

(in thousands)  March 31, 2023   December 31, 2022 
Convertible Notes  $1,228   $1,319 
Unamortized discounts   -    (67)
Convertible notes payable, net  $1,228   $1,252 
Schedule of Fair Value of Derivative liabilities Estimated Issuance and Valuation Mode

During the three months ended March 31, 2023, the fair value of the derivative liabilities was estimated at issuance and at the March 31, 2023, using the Binomial Lattice valuation model with the following assumptions:

 

Dividend rate   %
Term (in years)   0.00 to 1.10 year 
Volatility   178.2% to 310.5%
Risk-free interest rate   3.36% to 4.64%