Long Term Debt (Details Textual) - USD ($) |
9 Months Ended | ||||
|---|---|---|---|---|---|
Oct. 05, 2021 |
Jun. 09, 2020 |
Sep. 30, 2022 |
Sep. 30, 2021 |
Oct. 04, 2022 |
|
| Debt Instrument [Line Items] | |||||
| Cash | $ 2,500,000 | ||||
| Fair value of senior convertible notes | 14,500,000 | ||||
| Securities Purchase Agreement [Member] | |||||
| Debt Instrument [Line Items] | |||||
| Conversion price per share | $ 6.21 | ||||
| Senior Convertible Notes [Member] | |||||
| Debt Instrument [Line Items] | |||||
| Debt principal amount | 5,400,000 | ||||
| Conversion price per share | $ 4.75 | ||||
| Debt conversion, description | (i) the conversion price then in effect, or (ii) 80% of the lower of (x) the volume-weighted average price (“VWAP”) of the Common Stock as of the trading day immediately preceding the applicable date of determination, or (y) the quotient of (A) the sum of the VWAP of Common Stock for each of the two trading days with the lowest VWAP of the Common Stock during the ten consecutive trading day period ending and including the trading day immediately prior to the applicable date of determination, divided by (B) two, but not less than $<span>10.80</span> per share. | ||||
| Debt covenant, description | (a) we are subject to a daily cash test of having an available cash balance of at least $7.0 million, which amount shall be reduced by $1.0 million on each of the dates at which the aggregate principal due upon the Senior Convertible Notes is equal to or less than $14.0 million and $11.0 million, subject in all cases to a minimum of $5.0 million, and (b) we established and maintain bank accounts for each holder for an aggregate amount of $7.0 million with such amount to be released from the accounts only upon the written consent of such holder, provided that $1.0 million will automatically release from the accounts upon the occurrence of each of the dates at which the aggregate principal due upon the Senior Convertible Notes is equal to or less than $14.0 million and $11.0 million, subject to certain conditions. Further the holders of the Senior Convertible Notes waived provisions such that (i) no amortization payments are due and payable for any payments previously required to be made from July 1, 2022 through January 1, 2023, (ii) the holders of the Senior Convertible Notes will not accelerate any previously deferred installment amounts until January 1, 2023 and (iii) the terms of the SPA which would provide for reset of the conversion price of the Senior Convertible Notes as a result of the issuance of securities under the 2022 Unit Offering (see Note 10) and instead agree to a reset of the conversion price equal to a per share price of 135% of the 2022 Unit Offering price, or $6.21 per unit, which was subsequently reduced to $4.75 per share on October 4, 2022 as described above. | ||||
| Cash | 1,400,000 | ||||
| Proceeds from common stock | 3,900,000 | ||||
| Fair value of senior convertible notes | 2,500,000 | ||||
| Increase in debt | 300,000 | ||||
| Accumulated in equity and an increase | 2,800,000 | ||||
| Senior Convertible Notes [Member] | Securities Purchase Agreement [Member] | |||||
| Debt Instrument [Line Items] | |||||
| Debt Instrument, annual principal payment | $ 20 | ||||
| Debt principal amount | $ 18,000,000 | ||||
| Interest rate original issue discount percentage | 10.00% | ||||
| Original issue discount | $ 2,000,000 | ||||
| Maturity date | Oct. 04, 2024 | ||||
| 2020 Notes [Member] | |||||
| Debt Instrument [Line Items] | |||||
| Debt principal amount | $ 17,000,000 | 11,600,000 | |||
| Cash | 1,200,000 | ||||
| Proceeds from common stock | 10,400,000 | ||||
| Fair value of senior convertible notes | 2,000,000 | ||||
| Increase in debt | $ 100,000 | ||||
| Purchase price | $ 15,000,000 | ||||