Annual report pursuant to Section 13 and 15(d)

Consolidated and Combined Statements of Stockholders' Deficit

v3.22.1
Consolidated and Combined Statements of Stockholders' Deficit - USD ($)
$ in Thousands
Temporary Equity Preferred Shares Two [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Noncontrolling Interest [Member]
Total
Beginning balance, value at Dec. 31, 2019 $ 1 $ 71,506 $ (75,068) $ (46) $ 456 $ (3,152)
Balance, shares at Dec. 31, 2019 10,404,347          
Foreign currency translation 20 20
Net loss (19,971) (620) (20,591)
Preferred unit dividend 19 (28) (9)
Preferred unit dividend, shares   37,518          
Exercise of warrants 1,529 (325) 1,204
Exercise of warrants, shares   2,414,022          
Issuance of shares, net of transaction costs of $95 $ 1,405
Issuance of shares, net of transaction costs of $95,000, Shares 1,500            
Bifurcation of derivative liability $ (529)
Beneficial conversion feature (729) 729 729
Preferred stock deemed dividend 729 (729) (729)
Conversion of Series 2 preferred to common $ (416) 416 416
Conversion of Series 2 preferred to common, Shares (713) 1,426,849          
Reclassification of warrants and conversion feature 11,894 11,894
Warrant issued for True-Up Payment extension 28 28
Cash consideration of merger consideration, net of transaction costs of $588 5,412 5,412
Contribution of warrant portion of merger consideration 1,629 1,629
Reclassification of non-controlling interest 806 (806)
Ending balance, value at Dec. 31, 2020 $ 460 $ 1 92,433 (94,587) (26) (970) (3,149)
Balance, shares at Dec. 31, 2020 787 14,282,736          
Conversion of preferred stock into common stock $ (402) $ 1 401 402
Conversion of preferred stock into common, shares (687) 1,374,000          
Common stock issued for compensation 27 27
Common stock issued for compensation, shares   50,000          
Share-based compensation expense 21 21
Foreign currency translation 26 26
Non-controlling interest distribution (45) (45)
Net loss (3,376) (142) (3,518)
Ending balance, value at Dec. 31, 2021 $ 58 $ 2 $ 92,882 $ (97,963) $ (1,157) $ (6,236)
Balance, shares at Dec. 31, 2021 100 15,706,736