|6 Months Ended|
Jun. 30, 2023
|Subsequent Events [Abstract]|
14. Subsequent Events
On July 11, 2023, the Company completed the automatic conversion of the Series A-1 convertible preferred stock whereby each share of Series A-1 preferred stock converted into a Unit consisting of a combination of common stock, Series A-2 convertible preferred stock, and three tranches of warrants exercisable for additional preferred stock. The conversion resulted in the issuance of 19,516,205 shares of common stock. After the conversion, there were a total of 34,752,221 shares of common stock outstanding. See Note 10 for further details.
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef