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Convertible Redeemable Preferred Stock And Stockholders Equity (Tables)
3 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Summary of Income Statement Classification of Compensation Expense

The following table summarizes the statement of operations classification of compensation expense associated with share-based payments (in thousands):

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2024

 

 

2023

 

Cost of revenue

 

$

 

 

$

18

 

Sales and marketing

 

 

22

 

 

 

197

 

General and administrative

 

 

92

 

 

 

429

 

Engineering and development

 

 

(1

)

 

 

47

 

Total

 

$

113

 

 

$

691

 

Summary of Unvested Restricted Stock Units

A summary of unvested RSU activity for the three months ended March 31, 2024 is as follows (in thousands, except per share amounts):

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

Average Grant

 

 

 

Shares

 

 

Date Fair Value

 

Unvested RSUs as of December 31, 2023

 

 

44

 

 

$

18.50

 

Vested

 

 

(3

)

 

$

37.60

 

Forfeited or cancelled

 

 

(1

)

 

$

91.84

 

Unvested RSUs as of March 31, 2024

 

 

40

 

 

$

15.46

 

Summary of Warrant Activity

A summary of the share equivalent of warrant activity for the three months ended March 31, 2024 is as follows (in thousands, except exercise price amounts):

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

Average

 

 

 

Shares

 

 

Exercise
Price

 

Warrants outstanding as of December 31, 2023

 

 

4,323

 

 

$

11.88

 

Granted or Issued

 

 

42,427

 

 

$

0.57

 

Exercised

 

 

(22,736

)

 

$

 

Warrants outstanding as of March 31, 2024

 

 

24,014

 

 

$

2.68

 

Warrants exercisable as of March 31, 2024

 

 

3,570

 

 

$

14.04

 

Vested warrants expired during the period
 ended March 31, 2024

 

 

 

 

$

 

Summary our stock warrants measured at fair value on a recurring basis

The following tables summarize our stock warrants measured at fair value (level 3) on a recurring basis:

 

 

 

December 31,

 

 

 

 

 

 

 

 

Fair Value

 

 

March 31,

 

 

 

2023

 

 

Additions

 

 

Exercises

 

 

Adjustment

 

 

2024

 

Series H Warrants

 

$

620

 

 

$

 

 

$

 

 

$

23

 

 

$

643

 

Series J Warrants

 

 

743

 

 

 

 

 

 

 

 

 

(15

)

 

 

728

 

Class A Warrants

 

 

 

 

 

2,280

 

 

 

(1,960

)

 

 

85

 

 

 

405

 

Class B Warrants

 

 

 

 

 

1,379

 

 

 

 

 

 

381

 

 

 

1,760

 

Investor Warrants

 

 

 

 

 

192

 

 

 

 

 

 

52

 

 

 

244

 

Total Level 3

 

$

1,363

 

 

$

3,851

 

 

$

(1,960

)

 

$

526

 

 

$

3,780