Mezzanine Equity (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands |
3 Months Ended | 6 Months Ended | |||||||
|---|---|---|---|---|---|---|---|---|---|
Jun. 01, 2025 |
Mar. 26, 2025 |
Mar. 24, 2025 |
Sep. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2025 |
Mar. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Preferred stock, dividend description | The Series F Preferred Stockholder is entitled to receive, on a cumulative basis, whether or not authorized or declared, dividends on each share of Series F Preferred Stock at a rate per annum equal to 12%, on the amount equal to the sum of (a) the Stated Value plus (b) all accrued and unpaid dividends on such share of Series F Preferred Stock (including dividends accrued and unpaid on previously unpaid dividends). Dividends are payable to the Series F Preferred Stockholder in cash on March 1, June 1, September 1, and December 1 of each calendar year, beginning on June 1, 2025. Alternatively, according to the Series F Certificate of Designation, the Company may elect to pay the dividends entirely or partially in shares of Common Stock. Additionally, the Series F Certificate of Designation states that six months after the anniversary date of the maturity of the Company’s Amended & Restated Credit Agreement the dividend rate will increase to 25%. | ||||||||
| Preferred stock, conversion terms | The Series F Preferred Stockholder may convert all or a portion of its shares of Series F Preferred Stock into shares of Common Stock at any time and from time to time. The initial conversion rate for the Series F Preferred Stock is 202.0202 shares of Common Stock per share of Series F Preferred Stock (the “Standard Conversion”), which is subject to certain adjustments as described in the Series F Certificate of Designation. The Series F Preferred Stockholder may also convert all or a portion of its shares of Series F Preferred Stock using an Alternative Conversion Rate (as defined in the Series F Certificate of Designation) in lieu of the Standard Conversion, subject to an Alternative Conversion Cap (as defined in the Series F Certificate of Designation) for each quarter. | ||||||||
| Number of shares converted | 3,250 | ||||||||
| Additional payment amount | $ 19,900 | ||||||||
| Liabilities fair value on mezzanine equity | $ 164,590 | $ 164,590 | |||||||
| Series F Preferred Stock Embedded Derivatives [Member] | |||||||||
| Embedded derivatives | 19,400 | 1,100 | 1,100 | $ 19,200 | 19,400 | ||||
| Liabilities fair value on mezzanine equity | $ 98,800 | ||||||||
| Proceeds from mezzanine equity | 41,500 | ||||||||
| Issuance costs as reduction to allocated proceeds | 12,200 | ||||||||
| Series F Preferred Stock Warrants [Member] | |||||||||
| Embedded derivatives | $ 22,100 | 43,700 | 43,700 | $ 22,100 | |||||
| Series F Preferred Stock [Member] | |||||||||
| Mezzanine equity redemption amount | 164,600 | $ 164,600 | |||||||
| Mezzanine equity redemption amount | 17,500 | ||||||||
| Mezzanine equity deemed dividend | $ 73,100 | ||||||||
| Common Stock [Member] | |||||||||
| Issuance of Common Stock dividends, shares | 1,305,000 | 1,305,000 | |||||||
| Series F Preferred Stock [Member] | |||||||||
| Number of shares converted | 2,250 | 3,250 | |||||||
| Common stock issued upon conversion | 774,000 | 1,026,000 | |||||||
| Preferred stock, redemption terms | Additionally, the Series F Certificate of Designation specifies that upon the completion of certain equity issuances resulting in proceeds to the Company, or certain dividends or distributions declared or made, prepayments of indebtedness made, or investments acquired, owned or made pursuant to its Amended & Restated Credit Agreement, the Company would pay the Series F Preferred Stockholder all or a portion of a cash sweep amount equal to 25% of the net proceeds from such financing or of the amount of such dividend, distribution, prepayment or investment, as applicable, in redemption of a number of shares of Series F Preferred Stock at a price per share equal to the result of (A) (i) an amount equal to 106.25% plus 6.25% on each one year anniversary of the Series F Preferred Closing Date (the “Repayment Multiplier”) multiplied by (ii) the Stated Value of such shares of Series F Preferred Stock, plus (B) accrued and unpaid dividends on such shares. | ||||||||
| Embedded derivatives | $ 1,130 | $ 1,130 | |||||||
| Securities Purchase Agreement [Member] | Common Stock [Member] | |||||||||
| Purchase of stock, shares | 1,827,040 | ||||||||
| Purchase of stock price per share | $ 8.21 | ||||||||
| Securities Purchase Agreement [Member] | Series F Preferred Stock [Member] | |||||||||
| Purchase of stock value | $ 137,200 | $ 148,300 | |||||||
| Purchase of stock, shares | 148,250 | ||||||||
| Purchase of stock price per share | $ 1,000 |