STOCKHOLDERS' EQUITY AND CLASS A PREFERRED STOCK - Cumulative Convertible Class A Preferred Offering (Details) - USD ($) $ / shares in Units, $ in Thousands |
1 Months Ended | 12 Months Ended | |||
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Nov. 16, 2021 |
Mar. 31, 2021 |
Dec. 31, 2022 |
Dec. 31, 2021 |
Jul. 18, 2021 |
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STOCKHOLDERS' EQUITY | |||||
Percent of discount on share price | 7.50% | ||||
Number of trading days prior to exchange | 10 days | ||||
Other expenses | $ 371 | $ 1,550 | |||
IPO | |||||
STOCKHOLDERS' EQUITY | |||||
Issue price | $ 10.00 | ||||
Stock issued (in shares) | 3,520,000 | ||||
Class A Preferred Stock | |||||
STOCKHOLDERS' EQUITY | |||||
Preferred stock dividend rate | 8.00% | ||||
Convertible preferred stock, value authorized | $ 19,000 | ||||
Preferred stock conversion financing amount trigger | $ 25,000 | ||||
Preferred stock conversion extension term | 6 months | ||||
Percent of discount on share price | 15.00% | ||||
Issue price | $ 25.00 | ||||
Gross proceeds | $ 19,000 | ||||
Stock issued (in shares) | 758,680 | ||||
Placement agent fees | $ 1,900 | ||||
Other expenses | 100 | ||||
Net proceeds | $ 17,000 | ||||
Common stock issued in connection with conversion of preferred stock | 2,231,346 |
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- Definition The value of convertible preferred shares authorized to be issued. No definition available.
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- Definition The gross proceeds from issuance of preferred stocks identified as being convertible into another form of financial instrument, typically the entity's common stock. No definition available.
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- Definition The cash outflow for placement agent fees. No definition available.
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- Definition The extension period for conversion of preferred stock. No definition available.
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- Definition The number of of trading days prior to exchange of stock, for identifying the trading price. No definition available.
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- Definition The percentage of discount on conversion of convertible preferred stock. No definition available.
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- Definition The threshold amount of financing for triggering the conversion of preferred stock. No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition The number of new shares issued in the conversion of stock in a noncash (or part noncash) transaction. Noncash is defined as transactions during a period that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash outflow for cost incurred directly with the issuance of an equity security. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The percentage rate used to calculate dividend payments on preferred stock. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The cash inflow from issuance of preferred stocks identified as being convertible into another form of financial instrument, typically the entity's common stock. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Per share or per unit amount of equity securities issued. No definition available.
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- Definition Number of new stock issued during the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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- Details
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