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Related Party Notes (Tables)
12 Months Ended
Dec. 31, 2023
Related Party Transactions [Abstract]  
Schedule of Debt
Related party notes payable consists of the following as of December 31, 2023:
(in thousands)Contractual
Maturity
Date
Contractual
Interest
Rates
Net
Carrying
Value
Related party notes – ChinaDecember 31, 202318.0%$5,103 
Related party notes – Unsecured SPAAugust 2029
10% - 15%
542 
Related party notes – China various otherDue on Demand—%3,789 
Related Party Notes- OtherFebruary, 20245.27%$326 
$9,760 
Less: Related party notes payable, current(9,760)
Total: Related party notes payable, less current$— 
Related party notes payable consists of the following as of December 31, 2022:
(in thousands)Contractual
Maturity
Date
Contractual
Interest
Rates
Net Carrying Value
Related party notes – ChinaDecember 31, 202312.0%$5,209 
Related party notes – China various otherDue on Demand—%3,755 
$8,964 
Less: Related party notes payable, current(8,964)
Total: Related party notes payable, less current$— 
Related party notes payable issued pursuant to the Unsecured SPA consist of the following as of December 31, 2023:
(in thousands)Contractual
Maturity Date
Contractual
Interest
Rates
Unpaid Principal
Balance
Fair Value
Measurement
Adjustments
Original Issue Discount and Proceeds Allocated to WarrantsNet
Carrying
Value
MHL - Unsecured SPA NoteAugust 2029
10% - 15%
$666 $(54)$(70)$542 
Schedule of Maturities of Long-term Debt
The future scheduled principal maturities of notes payable as of December 31, 2023 are as follows (dollars in thousands):
Due on demand4,898 
2023— 
2024— 
202540,728 
202682 
2027— 
Thereafter72,543 
118,251 
The future scheduled principal maturities of related party notes payable as of December 31, 2023 were as follows:

(in thousands)
Due on demand$8,892 
2024326 
2029666 
$9,884