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Notes Payable (Tables)
6 Months Ended
Jun. 30, 2023
Debt Disclosure [Abstract]  
Summary of Convertible Notes Payable

The Company’s convertible notes payable balance was as follows (in thousands):

 

 

June 30, 2023

 

 

December 31, 2022

 

iHeart Convertible Note

 

$

99

 

 

$

99

 

Mudrick Convertible Notes measured at fair value

 

 

56,067

 

 

 

56,743

 

Total Convertible Notes Payable

 

$

56,166

 

 

$

56,842

 

 

 

Summary of Notes Payable Future Principal Payments

The notes payable future principal payments as of June 30, 2023 are as follows (in thousands):

 

Year ended December 31,

 

 

 

 2023

 

$

573

 

 2024

 

 

1,150

 

 2025

 

 

1,156

 

 2026

 

 

929

 

Thereafter

 

 

 

Total

 

$

3,808

 

Summary of Company's Notes Payable

The Company’s notes payable balances were as follows (in thousands):

 

 

June 30, 2023

 

 

December 31, 2022

 

PGE Loan

 

 

3,808

 

 

 

4,409

 

Total Notes Payable

 

 

3,808

 

 

 

4,409

 

Less: short-term portion of PGE Loan

 

 

(1,147

)

 

 

(1,211

)

Total Notes Payable, less current portion

 

$

2,661

 

 

$

3,198