Earn-out Shares (Tables)

9 Months Ended

Sep. 30, 2023

Earn out Share [Abstract]

Schedule of Estimated Fair Value of the Earn Out Shares

Assumptions used in the valuation were as follows:

	December 31, 2022
Stock price	$	0.43
Expected volatility		115.0	%
Risk-free interest rate		4.8	%
Forecast period (in years)		0.6
Cost of equity		20.0	%

Schedule of Activity for Earn Out Liability

The following table presents activity for the earn-out liability measured at fair value using significant unobservable Level 3 inputs at December 31, 2022 and September 30, 2023 (in thousands):

	Earn-out Liability
Balance at December 31, 2022	$	6
Change in fair value		(6	)
Balance at September 30, 2023	$	—