Convertible Notes Payable - Related Party (Tables)

6 Months Ended

Jun. 30, 2022

Debt Disclosure [Abstract]

Interest Income and Interest Expense Disclosure

The following table summarizes interest expense recognized for the three and six months ended June 30, 2022:

	For the Three and Six Months Ended June 30, 2022
Contractual interest expense	$	—
Amortization of debt discount	81
Amortization of debt issuance costs	27
Total	$	108

The following table summarizes interest expense recognized:

	For the Three Months Ended June 30, 2022		For the Six Months Ended June 30, 2022
Contractual interest expense	$	1,544	$	3,087
Amortization of debt discount	924		1,467
Amortization of debt issuance costs	90		177
Total	$	2,558	$	4,731

Summary of Balances Recognized upon Issuance of Convertible Notes

The Yorkville Convertible Note as of June 30, 2022 are comprised of the following:

	June 30, 2022
Principal-Installment	$	7,500
Principal- Payment Premium	225
Unamortized debt discount	(294)
Unamortized debt issuance costs	(98)
Aggregate carrying value	$	7,333

The 2021 Convertible Notes as of June 30, 2022 and December 31, 2021 was comprised of the following:

	June 30, 2022		December 31, 2021
Principal	$	105,987	$	102,900
Unamortized debt discount	(26,876)		(28,321)
Unamortized debt issuance costs	(2,613)		(2,790)
Embedded conversion feature	707		12,359
Aggregate carrying value	$	77,205	$	84,148

Debt Instrument, Fair Value Assumptions

The assumptions used to determine the fair value of the embedded conversion feature as of June 30, 2022 and December 31, 2021 are as follows:

	June 30, 2022		December 31, 2021
Term	4.0 years		4.5 years
Dividend yield	—	%	—	%
Risk-free interest rate	3.0	%	1.2	%
Volatility	80.0	%	60.0	%
Effective debt yield	25.5	%	19.0	%