Convertible Promissory Note (Tables)

6 Months Ended

Jun. 30, 2022

Investments, Debt and Equity Securities [Abstract]

Debt Securities, Available-for-sale

The following table summarizes the activity during the three months ended June 30, 2022;

	March 31, 2022		Fair Value Adjustments to the note		Accretion of Discount		Estimated Credit Loss		Interest Income		Fair Value Adjustment to Embedded Derivative		June 30, 2022
Fair value of the note	$	5,418	$	92	$	—	$	—	$	—	$	—	$	5,510
Discount on the note	(82)		—		46		—		—		—		(36)
Estimated Credit Loss	(794)		—		—		(26)		—		—		(820)
Convertible Promissory Note, net	$	4,542	$	92	$	46	$	(26)	$	—	$	—	$	4,654
Embedded Derivative	$	1,003	$	—	$	—	$	—	$	—	$	23	$	1,026
Interest Receivable	$	429	$	—	$	—	$	—	$	101	$	—	$	530
Total in Other Current Assets	$	5,974	$	92	$	46	$	(26)	$	101	$	23	$	6,210

The following table summarizes the amounts recorded and activity during the six months ended June 30, 2022;

	December 31, 2021		Fair Value Adjustments to the note		Accretion of Discount		Estimated Credit Loss		Interest Income		Fair Value Adjustment to Embedded Derivative		June 30, 2022
Fair value of the note	$	4,906	$	604	$	—	$	—	$	—	$	—	$	5,510
Discount on the note	(127)		—		91		—		—		—		(36)
Estimated Credit Loss	(758)		—		—		(62)		—		—		(820)
Convertible Promissory Note, net	$	4,021	$	604	$	91	$	(62)	$	—	$	—	$	4,654
Embedded Derivative	$	962	$	—	$	—	$	—	$	—	$	64	$	1,026
Interest Receivable	$	329	$	—	$	—	$	—	$	201	$	—	$	530
Total in Other Current Assets	$	5,312	$	604	$	91	$	(62)	$	201	$	64	$	6,210