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Debt (Tables)
9 Months Ended
Sep. 30, 2020
Debt Instrument [Line Items]  
Schedule Of Convertible Notes Payable





 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

Fixed

 

Effective

 

 

 

Principal Outstanding as of



 

Conversion

 

Interest

 

 

 

September 30,

 

December 31,

Description

 

Rate

 

Rate 1

 

Maturity Date

 

2020

 

2019

Convertible notes dated September 10, 2018

 

$0.40

 

23.4%

 

September 7, 2023

 

$

600 

 

$

700 

Convertible note dated September 19, 2018

 

$0.57

 

10.2%

 

September 19, 2023

 

 

425 

 

 

425 

Convertible notes dated February/March 2019

 

$0.25

 

8.0%

 

February 28, 2024 to March 13, 2024

 

 

1,300 

 

 

1,300 

Convertible notes dated June/July 2019

 

$0.10

 

8.0%

 

June 7, 2024 to July 15, 2024

 

 

365 

 

 

390 

Convertible notes dated July 18, 2019

 

$0.08

 

46.1%

 

July 18, 2024

 

 

700 

 

 

700 

Convertible notes dated September 13, 2019

 

$0.10

 

25.9%

 

September 13, 2024

 

 

50 

 

 

50 

Convertible notes dated January 8, 2020

 

$0.13

 

20.3%

 

January 8, 2025

 

 

450 

 

 

 -

Total principal balance

 

 

 

 

 

 

 

 

3,890 

 

 

3,565 

Less Unamortized discount

 

 

 

 

 

 

 

 

880 

 

 

832 



 

 

 

 

 

 

 

$

3,010 

 

$

2,733 

   

 

 

 

 

 

 

 

 

  

  

  

  



1  Notes with an effective interest rate in excess of 8% represent notes that were issued with a beneficial conversion feature meaning that the conversion price of the note was below the market price of our common stock at closing. The value of the beneficial conversion feature is recognized as a discount on the note with a corresponding credit to additional paid in capital at inception.  The note discount is amortized over the five-year term of the note.    

Unsecured Debt [Member]  
Debt Instrument [Line Items]  
Reconciliation Of Secured Contingent Obligation At Fair Value



 

 

 

 

 

 



 

Nine Months Ended

September 30, 2020

 

Year Ended
December 31, 2019

Unsecured contingent payment obligations, beginning of period

 

$

 -

 

$

 -

Reclassification of other liabilities

 

 

1,003 

 

 

 -

Proceeds from sale of contingent payment rights

 

 

984 

 

 

 -

Initial fair market value of modification

 

 

436 

 

 

 -

Change in fair value

 

 

1,350 

 

 

 -

Unsecured contingent payment obligations, end of period

 

$

3,773 

 

$

 -



 

 

 

 

 

 



Secured Debt [Member]  
Debt Instrument [Line Items]  
Reconciliation Of Secured Contingent Obligation At Fair Value



 

 

 

 

 

 



 

 

 

 

 

 



 

Nine Months Ended

September 30, 2020

 

Year Ended
December 31, 2019

Secured contingent payment obligation, beginning of period

 

$

26,651 

 

$

25,557 

Change in fair value

 

 

2,137 

 

 

1,094 

Secured contingent payment obligation, end of period

 

$

28,788 

 

$

26,651