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Warrants (Tables)
12 Months Ended
Dec. 31, 2022
Warrants Abstract  
Summary of Tabular Form of Warrant Liability

Please refer to the table below for detail of warrant liability by type of warrant (in thousands):

 

December 31,

 

2022

 

 

2021

 

Common stock warrants

 

$

 

 

$

337

 

Series B warrants

 

 

 

 

 

297

 

Series E-2 warrants

 

 

 

 

 

19,379

 

Series E-3 warrants

 

 

 

 

 

27,944

 

Horizon warrants

 

 

 

 

 

547

 

Private warrants

 

 

247

 

 

 

 

Total

 

$

247

 

 

$

48,504

 

Summary of Warrants Outstanding

Number of outstanding warrants as of December 31, 2022 and 2021 was as follows:

December 31,

 

2022

 

 

2021

 

Common stock warrants

 

 

 

 

 

73,971

 

Series B warrants

 

 

 

 

 

96,076

 

Series E-2 warrants

 

 

 

 

 

3,738,813

 

Series E-3 warrants

 

 

 

 

 

5,391,015

 

Horizon warrants

 

 

 

 

 

208,498

 

Public Warrants

 

 

5,175,000

 

 

 

 

Private warrants

 

 

4,616,667

 

 

 

 

Total

 

 

9,791,667

 

 

 

9,508,373

 

Summary of Warrants Issued

The Company had the following warrant issuance events during 2020:

Event

 

E-2 Issued

 

 

E-3 Issued

 

Series E-2 warrants issued with Series E issuance

 

 

3,545,966

 

 

 

 

Series E-2 warrants issued with debt conversion

 

 

2,236,040

 

 

 

 

Series E-3 warrants issued with Series E-2 conversion

 

 

 

 

 

5,709,962

 

Total

 

 

5,782,006

 

 

 

5,709,962