XML 15 R6.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Consolidated Statement of Changes in Mezzanine Equity and Stockholders' Equity - USD ($)
$ in Thousands
Total
CxApp
Common Stock
Common Stock
CxApp
Common Stock
Public Offering
Additional Paid-In Capital
Additional Paid-In Capital
CxApp
Additional Paid-In Capital
Public Offering
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Non-Controlling Interest
Series 7 Preferred Stock
Series 7 Preferred Stock
Additional Paid-In Capital
Series 8 Preferred Stock
Series 8 Preferred Stock
Additional Paid-In Capital
Series 4 Convertible Preferred Stock
Series 4 Convertible Preferred Stock
Convertible Preferred Stock
Series 5 Convertible Preferred Stock
Series 5 Convertible Preferred Stock
Convertible Preferred Stock
Increase (Decrease) in Temporary Equity [Roll Forward]                                        
Convertible preferred stock, beginning balance (in shares)                         49,250   0          
Convertible preferred stock, beginning balance                         $ 44,695   $ 0          
Series 7 Preferred redeemed for cash (in shares)                         (49,250)              
Series 7 Preferred redeemed for cash                         $ (49,250)              
Series 8 Preferred stock issued for cash (in shares)                             53,197.72          
Series 8 Preferred stock issued for cash                             $ 41,577          
Accretion discount - preferred shares                         $ 4,555   548          
Deemed dividend for the modification related to Series 8 Preferred Stock                             2,627          
Deemed contribution for the modification related to Warrants issued in connection with Series 8 Preferred Stock                             (1,469)          
Amortization Premium- modification related to Series 8 Preferred Stock                             $ (110)          
Convertible preferred stock, ending balance (in shares) at Mar. 31, 2022                         0   53,197.72          
Convertible preferred stock, ending balance at Mar. 31, 2022                         $ 0   $ 43,173          
Balance, beginning (in shares) at Dec. 31, 2021                                   1   126
Balance, beginning at Dec. 31, 2021 $ 83,491   $ 2     $ 332,761     $ (695) $ 44 $ (250,309) $ 1,688           $ 0   $ 0
Balance, beginning (in shares) at Dec. 31, 2021     1,730,140                                  
Balance, beginning (in shares) at Dec. 31, 2021                 (1)                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                        
Shares issued for cash / offering (in shares)     57,472                                  
Shares issued for cash / offering 1,500         1,500                 5,329 $ 5,329        
Stock options and restricted stock awards granted to employees for services 1,533         1,533                            
Accretion discount - preferred shares                         $ (4,555) $ (4,555) (548) (548)        
Deemed dividend for the modification related to Series 8 Preferred Stock                             (2,627) (2,627)        
Deemed contribution for the modification related to Warrants issued in connection with Series 8 Preferred Stock                             1,469 1,469        
Amortization Premium- modification related to Series 8 Preferred Stock                             $ 110 110        
Restricted stock grants withheld for taxes (in shares)     (12,802)                                  
Restricted stock grants withheld for taxes (336)         (336)                            
Common shares issued for CXApp earnout (in shares)       144,986                                
Common shares issued for CXApp earnout   $ 3,697         $ 3,697                          
Common shares issued for exchange of warrants (in shares)     184,153                                  
Cumulative translation adjustment (102)                 (102) (15) 15                
Net income (loss) (11,557)                   (11,211) (346)                
Balance, ending (in shares) at Mar. 31, 2022                                   1   126
Balance, ending (in shares) at Mar. 31, 2022     2,103,949                                  
Balance, ending at Mar. 31, 2022 77,404   $ 2     338,333     $ (695) (58) (261,535) 1,357           $ 0   $ 0
Balance, ending (in shares) at Mar. 31, 2022                 (1)                      
Convertible preferred stock, ending balance (in shares) at Jun. 30, 2022                         0   53,197.7234          
Convertible preferred stock, ending balance at Jun. 30, 2022                         $ 0   $ 48,158          
Balance, beginning (in shares) at Dec. 31, 2021                                   1   126
Balance, beginning at Dec. 31, 2021 83,491   $ 2     332,761     $ (695) 44 (250,309) 1,688           $ 0   $ 0
Balance, beginning (in shares) at Dec. 31, 2021     1,730,140                                  
Balance, beginning (in shares) at Dec. 31, 2021                 (1)                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                        
Net income (loss) (31,887)                                      
Balance, ending (in shares) at Jun. 30, 2022                                   1   126
Balance, ending (in shares) at Jun. 30, 2022     2,139,011                                  
Balance, ending at Jun. 30, 2022 53,987   $ 2     334,589     $ (695) 598 (281,463) 956           $ 0   $ 0
Balance, ending (in shares) at Jun. 30, 2022                 (1)                      
Increase (Decrease) in Temporary Equity [Roll Forward]                                        
Convertible preferred stock, beginning balance (in shares)                         0   53,197.72          
Convertible preferred stock, beginning balance                         $ 0   $ 43,173          
Accretion discount - preferred shares                             6,236          
Amortization Premium- modification related to Series 8 Preferred Stock                             $ (1,251)          
Convertible preferred stock, ending balance (in shares) at Jun. 30, 2022                         0   53,197.7234          
Convertible preferred stock, ending balance at Jun. 30, 2022                         $ 0   $ 48,158          
Balance, beginning (in shares) at Mar. 31, 2022                                   1   126
Balance, beginning at Mar. 31, 2022 77,404   $ 2     338,333     $ (695) (58) (261,535) 1,357           $ 0   $ 0
Balance, beginning (in shares) at Mar. 31, 2022     2,103,949                                  
Balance, beginning (in shares) at Mar. 31, 2022                 (1)                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                        
Stock options and restricted stock awards granted to employees for services 741         741                            
Common shares issued for cashless stock options exercised (in shares)     35,062                                  
Common shares issued for cashless stock options exercised 500         500                            
Accretion discount - preferred shares                             $ (6,236) $ (6,236)        
Restricted stock grants withheld for taxes 1,251                                      
Cumulative translation adjustment 657                 656 (56) 57                
Net income (loss) (20,330)                   (19,872) (458)                
Balance, ending (in shares) at Jun. 30, 2022                                   1   126
Balance, ending (in shares) at Jun. 30, 2022     2,139,011                                  
Balance, ending at Jun. 30, 2022 53,987   $ 2     334,589     $ (695) 598 (281,463) 956           $ 0   $ 0
Balance, ending (in shares) at Jun. 30, 2022                 (1)                      
Increase (Decrease) in Temporary Equity [Roll Forward]                                        
Convertible preferred stock, beginning balance (in shares)                         0   53,197.7234          
Convertible preferred stock, beginning balance                         $ 0   $ 48,158          
Balance, beginning (in shares) at Dec. 31, 2022                                 1 1 126 126
Balance, beginning at Dec. 31, 2022 $ 32,115   $ 4     346,668     $ (695) 1,061 (313,739) (1,184)           $ 0   $ 0
Balance, beginning (in shares) at Dec. 31, 2022 3,570,893   3,570,894                                  
Balance, beginning (in shares) at Dec. 31, 2022 (1)               (1)                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                        
Common shares issued for extinguishment of debt (in shares) 1,547,234   1,547,234                                  
Common shares issued for extinguishment of debt $ 1,426   $ 1     1,425                            
Shares issued for cash / offering (in shares)         9,655,207                              
Shares issued for cash / offering 14,966       $ 10     $ 14,956                        
Stock options and restricted stock awards granted to employees for services 329         329                            
Deconsolidation of CXApp business as result of spin off   $ (24,230)         $ (24,230)                          
Common shares issued for net proceeds from warrants exercised (in shares)     1,380,000                                  
Common shares issued for net proceeds from warrants exercised 1   $ 1                                  
Common shares issued for exchange of warrants (in shares)     324,918                                  
Cumulative translation adjustment (1,250)                 (1,259) 26 (17)                
Net income (loss) (17,178)                   (16,873) (305)                
Balance, ending (in shares) at Mar. 31, 2023                                   1   126
Balance, ending (in shares) at Mar. 31, 2023     16,478,253                                  
Balance, ending at Mar. 31, 2023 6,179   $ 16     339,148     $ (695) (198) (330,586) (1,506)           $ 0   $ 0
Balance, ending (in shares) at Mar. 31, 2023                 (1)                      
Convertible preferred stock, ending balance (in shares) at Jun. 30, 2023                         0              
Balance, beginning (in shares) at Dec. 31, 2022                                 1 1 126 126
Balance, beginning at Dec. 31, 2022 $ 32,115   $ 4     346,668     $ (695) 1,061 (313,739) (1,184)           $ 0   $ 0
Balance, beginning (in shares) at Dec. 31, 2022 3,570,893   3,570,894                                  
Balance, beginning (in shares) at Dec. 31, 2022 (1)               (1)                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                        
Common shares issued for cashless stock options exercised (in shares) 0                                      
Net income (loss) $ (24,507)                                      
Balance, ending (in shares) at Jun. 30, 2023                             0   1 1 126 126
Balance, ending (in shares) at Jun. 30, 2023 43,154,194   43,154,195                                  
Balance, ending at Jun. 30, 2023 $ 6,537   $ 43     346,799     $ (695) (189) (337,555) (1,866)           $ 0   $ 0
Balance, ending (in shares) at Jun. 30, 2023 (1)               (1)                      
Convertible preferred stock, ending balance (in shares) at Jun. 30, 2023                         0              
Balance, beginning (in shares) at Mar. 31, 2023                                   1   126
Balance, beginning at Mar. 31, 2023 $ 6,179   $ 16     339,148     $ (695) (198) (330,586) (1,506)           $ 0   $ 0
Balance, beginning (in shares) at Mar. 31, 2023     16,478,253                                  
Balance, beginning (in shares) at Mar. 31, 2023                 (1)                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                        
Common shares issued for extinguishment of debt (in shares)     7,349,420                                  
Common shares issued for extinguishment of debt 2,020   $ 7     2,013                            
Shares issued for cash / offering (in shares)         19,326,522                              
Shares issued for cash / offering 5,417       $ 20     $ 5,397                        
Stock options and restricted stock awards granted to employees for services 241         241                            
Cumulative translation adjustment 9                 9 (3) 3                
Net income (loss) $ (7,329)                   (6,966) (363)                
Balance, ending (in shares) at Jun. 30, 2023                             0   1 1 126 126
Balance, ending (in shares) at Jun. 30, 2023 43,154,194   43,154,195                                  
Balance, ending at Jun. 30, 2023 $ 6,537   $ 43     $ 346,799     $ (695) $ (189) $ (337,555) $ (1,866)           $ 0   $ 0
Balance, ending (in shares) at Jun. 30, 2023 (1)               (1)                      
Increase (Decrease) in Temporary Equity [Roll Forward]                                        
Convertible preferred stock, beginning balance (in shares)                         0