XML 67 R52.htm IDEA: XBRL DOCUMENT v3.25.1
Notes Payable - Secured SPA Notes Narrative (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Aug. 02, 2024
Mar. 31, 2025
Mar. 31, 2024
Jun. 30, 2024
Jan. 28, 2025
Dec. 31, 2024
Dec. 21, 2024
Sep. 05, 2024
Debt Instrument [Line Items]                
Payments of notes payable issuance costs   $ 99 $ 25          
Notes Payable                
Debt Instrument [Line Items]                
Gain (loss) on fair value adjustment of debts   $ 21,780 27,721          
Secured SPA Notes | Notes Payable                
Debt Instrument [Line Items]                
Debt instrument, fixed conversion price percentage   90.00%            
Conversion price (in dollars per share)   $ 1.16   $ 29.33        
Debt instrument, term (in years)   6 years            
Notes payable   $ 2,400       $ 5,500    
Proceeds from debt, net of issuance costs     $ 1,500          
Aggregate principal amount   $ 600            
Shares issued from conversion (in shares)   602,902 2,937,946          
Gain (loss) on fair value adjustment of debts   $ 2,479 $ 25,118          
Payments of notes payable issuance costs     0          
Debt conversion, converted amount     18,300          
Secured SPA Notes | Notes Payable | Class A Common Stock                
Debt Instrument [Line Items]                
Redemption price, percentage       105.00%        
Gain (loss) extinguishments of debt   $ (300) (11,400)          
Secured SPA Notes | Notes Payable | Metaverse Horizon Limited and V W Investment Holding Limited                
Debt Instrument [Line Items]                
Percent of purchaser's conversion shares   33.00%            
SPA Notes | Notes Payable                
Debt Instrument [Line Items]                
Conversion price (in dollars per share) $ 29.33              
SPA Notes | Notes Payable | Class A Common Stock                
Debt Instrument [Line Items]                
Redemption price, percentage 90.00%              
Junior Secured SPA Notes | Notes Payable                
Debt Instrument [Line Items]                
Notes payable bearing interest rate               10.00%
Conversion price (in dollars per share)         $ 5.24   $ 1.16 $ 5.24
Debt instrument, term (in years)   1 year            
Proceeds from debt, net of issuance costs   $ 7,600            
Gain (loss) on fair value adjustment of debts   10,435            
Payments of notes payable issuance costs   $ 0            
Junior Secured SPA Notes | Notes Payable | Class A Common Stock                
Debt Instrument [Line Items]                
Shares issued from conversion (in shares)   113,958,070            
Gain (loss) extinguishments of debt   $ (12,800)            
Debt conversion, converted amount   $ 15,400            
2024 Unsecured SPA Notes | Notes Payable                
Debt Instrument [Line Items]                
Notes payable bearing interest rate   10.00%       10.00%    
Conversion price (in dollars per share)   $ 1.16     $ 1.16   $ 1.16  
Debt instrument, term (in years)   1 year            
Notes payable   $ 11,300       $ 7,000    
Proceeds from debt, net of issuance costs   20,000            
Gain (loss) on fair value adjustment of debts   6,798            
Payments of notes payable issuance costs   $ 0            
Unsecured Convertible Note | Notes Payable                
Debt Instrument [Line Items]                
Conversion price (in dollars per share)   $ 1.16            
Debt instrument, term (in years)   6 years            
Notes payable           $ 6,700    
Proceeds from debt, net of issuance costs   $ 0            
Shares issued from conversion (in shares)   4,167,764            
Gain (loss) on fair value adjustment of debts   $ 2,024 $ 2,888          
Debt conversion, converted amount   $ 4,400            
Unsecured Convertible Note | Notes Payable | Class A Common Stock                
Debt Instrument [Line Items]                
Debt instrument, fixed conversion price percentage   90.00%            
Gain (loss) extinguishments of debt   $ (2,800)            
Minimum | Secured SPA Notes | Notes Payable                
Debt Instrument [Line Items]                
Notes payable bearing interest rate   10.00%       10.00%    
Minimum | Unsecured Convertible Note | Notes Payable                
Debt Instrument [Line Items]                
Notes payable bearing interest rate   10.00%       10.00%    
Maximum | Secured SPA Notes | Notes Payable                
Debt Instrument [Line Items]                
Notes payable bearing interest rate   15.00%       15.00%    
Maximum | Unsecured Convertible Note | Notes Payable                
Debt Instrument [Line Items]                
Notes payable bearing interest rate   15.00%       15.00%