Annual report pursuant to Section 13 and 15(d)

NOTES PAYABLE (Details Narrative)

v3.24.1
NOTES PAYABLE (Details Narrative) - USD ($)
$ in Thousands
 12 Months Ended
Jan. 01, 2024
Aug. 04, 2023
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Restructuring Cost and Reserve [Line Items]          
Fair value of common stock     $ 208,866 [1] $ 7,386 [2] $ 221,333 [3]
Gain on settlement of debt     (1,000)
Repayment of debt     9,292 681
Paycheck Protection Program [Member]          
Restructuring Cost and Reserve [Line Items]          
Gain on settlement of debt         $ 856
Deferred Merger Consideration [Member]          
Restructuring Cost and Reserve [Line Items]          
Accrued interest   $ 40,600      
Business acquisition description   As amended, the Company agreed to pay: (a) within 15 days following our consummation of a financing transaction or series of related transactions in excess of $150,000 since the June 2022 closing of the Merger Agreement, $12,500 of the outstanding Deferred Merger Consideration in cash to the former stockholders of SemaConnect (the “Stockholders”), and (b) within 15 days following our consummation of any financing transaction or series of related transactions in excess of $250,000 since the closing of the Merger Agreement, fifty cents of every dollar of proceeds received by the Company in excess of $250,000 to repay the Deferred Merger Consideration until all Deferred Merger Consideration is paid in full to the Stockholders.      
Common Stock, Terms of Conversion   the Company’s common stock at a conversion price equal to 126% of the seven-day average prior to the date of the Amendment, provided that under no circumstance will the Company be obligated to issue such number of shares equal to or in excess of 20% of the Company’s common stock to the Stockholders, taking into account all common stock previously issued to such holders in the transaction. Under the Amendment, interest on the Deferred Merger Consideration was increased from 7% to 9.5% per annum following the date of the Amendment until full repayment of Deferred Merger Consideration.      
Number of common stock issued   158,372      
Fair value of common stock   $ 1,000      
Reimbursable legal fee   $ 50 50    
Gain on settlement of debt     1,000    
Repayment of debt     12,500    
Principal amount     9,292    
Accrued interest     3,208    
Deferred Merger Consideration [Member] | Subsequent Event [Member]          
Restructuring Cost and Reserve [Line Items]          
Repayment of debt $ 31,308        
U-Go Stations, Inc [Member]          
Restructuring Cost and Reserve [Line Items]          
Repayment of debt       681  
Principal amount     $ 10 $ 10  
[1] Includes gross proceeds of $216,662, less issuance costs of $7,796.
[2] Includes gross proceeds of $7,697, less issuance costs of $311.
[3] Includes gross proceeds of $232,060, less issuance costs of $10,727.