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Long-term Debt (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Long-term Debt    
Summary of long-term debt, including capital lease obligations

 

 

 

 

 

 

 

 

March 31,

 

December 31, 

 

    

 2021

    

2020

Capital lease obligation

 

$

1,305

 

$

1,305

Promissory note

 

 

 —

 

 

2,990

Convertible notes payable, net

 

 

 —

 

 

3,325

Paycheck Protection Program loan

 

 

 —

 

 

1,749

 

 

1,305

 

 

9,369

Current portion of long-term debt

 

 

(55)

 

 

(6,370)

Long-term Debt

 

$

1,250

 

$

2,999

 

 

 

 

 

 

 

 

 

    

2020

    

2019

Term note payable

 

$

 —

 

$

 9

Capital lease obligation

 

 

1,305

 

 

 —

Promissory note

 

 

2,990

 

 

 —

Convertible notes payable, net

 

 

3,325

 

 

2,816

Paycheck Protection Program loan

 

 

1,749

 

 

 —

 

 

 

9,369

 

 

2,825

Current portion of long-term debt

 

 

(6,370)

 

 

(2,825)

Long-term Debt

 

$

2,999

 

$

 —

 

Schedule of warrant assumptions  

 

 

 

 

Maturity

    

4 years

 

Risk-free interest rate

 

0.27

%

Volatility

 

85.00

%

Dividend yield

 

0.00

%

Weighted average fair value per common share

 

1.89

 

 

Schedule of stock warrants

The following is an analysis of the warrants to purchase shares of the Company’s stock deemed acquired as part of the Merger and outstanding during the three months ended March 31, 2021:

 

 

 

 

 

    

March 31, 2021

Stock warrants outstanding–Public

 

10,185,774

Stock warrants outstanding–Private

 

6,074,310

Stock warrants cancelled

 

 —

Stock warrants exercised

 

 —

Stock warrants outstanding

 

16,260,084

 

 

 

 

 

 

 

    

2020

    

2019

Stock warrants outstanding, January 1

 

699,026

 

239,121

Stock warrants issued with convertible notes payable

 

78,239

 

459,905

Stock warrants cancelled

 

 —

 

 —

Stock warrants exercised

 

 —

 

 —

Stock warrants outstanding, December 31

 

777,265

 

699,026