Notes Payable (Tables)

6 Months Ended

Jun. 30, 2023

Debt Disclosure [Abstract]

Schedule of Notes Payable

The Company has entered into notes payable agreements with third parties, which consist of the following as of June 30, 2023 and December 31, 2022:

	June 30, 2023
(in thousands)	Contractual Maturity Date	Contractual Interest Rates	Unpaid Principal Balance		Fair Value Measurement Adjustments		Original Issue Discount and Proceeds Allocated to Warrants		Net Carrying Value
Secured SPA Notes (1)	Various	10%-15%	$	101,456	$	(33,840)	$	(6,751)	$	60,865
Unsecured SPA Notes (1)	Various dates in 2029	10%-15%	11,379		(575)		(2,017)		8,787
Notes payable – China other	Due on Demand	—%	4,816		—		—		4,816
Auto loans	October 2026	7%	89		—		—		89
			$	117,740	$	(34,415)	$	(8,768)	74,557
Less: Related party notes payable									(7,777)
Less: Notes payable, current portion									(4,905)
Total: Notes payable, less current portion									$	61,875

	December 31, 2022
(in thousands)	Contractual Maturity Date	Contractual Interest Rates	Unpaid Principal Balance		Fair Value Measurement Adjustments		Original Issue Discount and Proceeds Allocated to Warrants		Net Carrying Value
Secured SPA Notes (1)	October 27, 2028	10%	$	36,622	$	264	$	(10,878)	$	26,008
Notes payable – China other	Due on Demand	—%	4,997		—		—		4,997
Auto loans	October 2026	7%	100		—		—		100
			$	41,719	$	264	$	(10,878)	31,105
Less: Notes payable, current portion									(5,097)
Total: Notes payable, less current portion									$	26,008

Schedule of Principal Maturities

The future scheduled principal maturities of notes payable as of June 30, 2023 are as follows:

(in thousands)
Due on demand	$	4,816
2023	—
2024	—
2025	41,000
2026	89
2027	—
Thereafter	61,878
	$	107,783

The future scheduled principal maturities of related party notes payable as of June 30, 2023 were as follows:

(in thousands)
Due on demand	$	3,736
2023	5,042
2029	9,957
	$	18,735