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Notes Payable (Tables)
12 Months Ended
Dec. 31, 2023
Debt Instrument [Line Items]  
Summary of convertible notes payable

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

 

December 31, 2023

 

 

December 31, 2022

 

iHeart Convertible Note

 

$

99

 

 

$

99

 

Mudrick Convertible Notes measured at fair value

 

 

40,370

 

 

 

56,743

 

Total Convertible Notes Payable

 

$

40,469

 

 

$

56,842

 

Summary of Company's notes payable

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

 

December 31, 2023

 

 

December 31, 2022

 

PGE Loan

 

$

3,458

 

 

$

4,409

 

Mudrick Super Priority Note (at fair value)

 

 

18,568

 

 

 

 

Total Notes Payable

 

 

22,026

 

 

 

4,409

 

Less: short-term portion of PGE Loan

 

 

(1,336

)

 

 

(1,211

)

Less: short-term portion of Mudrick Super Priority Note

 

 

(18,568

)

 

 

 

Total Notes Payable, less current portion

 

$

2,122

 

 

$

3,198

 

Summary of notes payable future principal payments

The notes payable future principal payments as of December 31, 2023 are as follows (in thousands):

Year ended December 31,

 

 

 

 2024

 

 

19,904

 

 2025

 

 

1,177

 

 2026

 

 

945

 

Thereafter

 

 

 

Total

 

$

22,026