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Related Party Notes (Tables)
 12 Months Ended
Dec. 31, 2022
Related Party Transactions [Abstract]  
Schedule of related party notes payable consists
Note Name  Contractual Maturity Date  Contractual Interest Rates   Balance  as of December 31, 2022   Interest Expense for the Year Ended December 31, 2022   Interest Expense for the Year Ended December 31, 2021 
Related party notes - China (1)  December 31, 2023   12.0%  $4,651   $3,879   $3,369 
Related party notes - China various other  Due on Demand   -%   3,755    -    - 
           $8,406   $3,879   $3,369 

 

   December 31, 2021 
Note Name  Contractual Maturity Date   Contractual Interest Rates    Unpaid Balance    Net Carrying Value at 12/31/21 
Related party notes - China (1)  Due on Demand   18%  $9,411   $9,411 
Related party notes - China various other  Due on Demand   0%   4,244    4,244 
Total related party notes payable          $13,655   $13,655 

 

(1)On December 27, 2022, the Company executed two separate note payable payoff settlement agreements with Chongqing Leshi Small Loan Co., Ltd. (“Chongqing”), a related party, according to which Chongqing agreed to forgive principal and all outstanding accrued interest. The remaining principal balance was agreed to be payable in five installment payments through December 31, 2023 and the current interest rate was set to 12%.

 
Scheduled of principal maturities of related party notes payable
Due on demand  $3,755 
2023   4,651 
   $8,406 

 
Scheduled of outstanding principal plus accrued interest and conversion premiums pursuant to the closing of the business combination
   December 31, 2021
Note Name  Contractual
Maturity
Date		  Contractual
Interest
Rates		   Net
Carrying
Value at
12/31/2020		   Amortization
of
Discounts &
Fair Value
Adjustments		   Accrued
Interest at
Settlement		   Borrowing   Cash
Payments of
Principal
and Interest		   Equity
Settlements
of Principal
and Interest		   Net
Carrying
Value at
12/31/2021		   Loss (Gain)
at Settlement		   Interest
Expense
for the
year ended
December 31,
2021		 
Settlement prior to the Business Combination:                                                     
Related party note  June 30,
2021		   12.00%  $220,690   $657   $73,448   $
-
   $
-
   $(294,795)  $
-
   $
-
   $8,801 
Settlement in the Business Combination:                                                     
Related party note  June 30,
2021		   12.00%   19,196    
-
    
-
    
-
    
-
    (19,196)        7,256    
-
 
Related party note  Due on
Demand		   15.00%   10,000    
-
    3,708    
-
    (13,708)   
-
    
-
    
-
    869 
Related party notes - NPA tranche  October 9,
2021		   10.00%   32,949    163    5,728    -    (27,593)   (11,247)   -    4,257    1,610 
Related party notes - China various other  Due on
Demand		   0% coupon, 10.00% imputed    774    
-
    
-
    
-
    
-
    (774)   
-
    292    55 
Related party notes - China other  Due on
Demand		   8.99%   1,407    3    44    
-
    
-
    (1,454)   
-
    550    41 
Related party notes - Other  Due on
Demand		   0.00%   424    
-
    
-
    200    (624)   
-
    
-
    
-
    
-
 
Related party notes - Other  June 30,
2021		   6.99%   4,110    50    
-
    
-
    
-
    (4,160)   
-
    1,572    211 
Related party notes - Other  June 30,
2021		   8.00%   6,417    35    1,195    
-
    
-
    (7,647)   
-
    2,891    321 
Related party notes - Other  June 30,
2021		   1.52%,8.99%,
8.00%, 2.86%		    8,303    137    819    
-
    
-
    (9,259)   
-
    3,500    185 
Related party notes - Other  Due on
Demand,
June 30,
2021		   8.99%, 6.99%    1,749    11    378    
-
    
-
    (2,138)   -    808    65 
Related party notes - Other  June 30,
2021		   8.00%   11,578    57    1,693    
-
    
-
    (13,328)   
-
    5,038    515 
Subtotal settlements in the Business Combination           96,907    456    13,565    200    (41,925)   (69,203)   
-
    26,164    3,872 
Total          $317,597   $1,113   $87,013   $200   $(41,925)  $(363,998)  $
-
   $26,164   $12,673