2024 Q3 Form 10-Q Financial Statement
#000149315224032961 Filed on August 19, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 | 2023 Q4 |
---|---|---|---|
Revenue | $1.196M | $28.00K | $110.0K |
YoY Change | 11860.0% | 133.33% | -73.81% |
Cost Of Revenue | $31.00K | $62.00K | |
YoY Change | 158.33% | -81.76% | |
Gross Profit | -$3.000K | $48.00K | |
YoY Change | -31.43% | ||
Gross Profit Margin | -10.71% | 43.64% | |
Selling, General & Admin | $1.733M | $1.474M | $4.298M |
YoY Change | -63.26% | -63.18% | -62.95% |
% of Gross Profit | 8954.17% | ||
Research & Development | $43.00K | $104.0K | -$24.00K |
YoY Change | -84.81% | -68.77% | -102.7% |
% of Gross Profit | -50.0% | ||
Depreciation & Amortization | $17.00K | $52.00K | $28.00K |
YoY Change | -77.33% | -79.2% | -97.89% |
% of Gross Profit | 58.33% | ||
Operating Expenses | $2.201M | $1.617M | $3.732M |
YoY Change | -36.15% | -78.77% | -83.47% |
Operating Profit | -$1.005M | -$1.589M | -$3.684M |
YoY Change | -71.34% | -79.11% | -83.63% |
Interest Expense | -$542.0K | -$199.0K | |
YoY Change | -210.16% | -99.22% | |
% of Operating Profit | |||
Other Income/Expense, Net | -$948.0K | -$575.0K | $24.00K |
YoY Change | 2212.2% | -591.45% | -140.0% |
Pretax Income | -$1.953M | -$2.164M | -$3.859M |
YoY Change | -46.64% | -80.83% | -91.97% |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | -$1.946M | -$2.163M | -$4.771M |
YoY Change | -46.83% | -80.85% | -90.07% |
Net Earnings / Revenue | -162.71% | -7725.0% | -4337.27% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$0.24 | -$0.70 | |
COMMON SHARES | |||
Basic Shares Outstanding | 13.63M shares | 10.67M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 | 2023 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $33.00K | $38.00K | |
YoY Change | -85.0% | -99.31% | |
Cash & Equivalents | $34.00K | $33.00K | $38.00K |
Short-Term Investments | |||
Other Short-Term Assets | $162.0K | $104.0K | $109.0K |
YoY Change | 52.83% | -0.95% | -4.39% |
Inventory | $0.00 | ||
Prepaid Expenses | $502.0K | $76.00K | $86.00K |
Receivables | $2.001M | $276.0K | |
Other Receivables | $0.00 | ||
Total Short-Term Assets | $2.909M | $489.0K | $233.0K |
YoY Change | 12.53% | -85.31% | -98.11% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $387.0K | $227.0K | $14.00K |
YoY Change | |||
Goodwill | $33.16M | $2.369M | |
YoY Change | |||
Intangibles | $2.105M | $2.363M | $378.0K |
YoY Change | 395.39% | -81.5% | |
Long-Term Investments | |||
YoY Change | |||
Other Assets | $114.0K | ||
YoY Change | -99.46% | ||
Total Long-Term Assets | $39.76M | $6.417M | $492.0K |
YoY Change | 7182.42% | 792.49% | -97.87% |
TOTAL ASSETS | |||
Total Short-Term Assets | $2.909M | $489.0K | $233.0K |
Total Long-Term Assets | $39.76M | $6.417M | $492.0K |
Total Assets | $42.67M | $6.906M | $725.0K |
YoY Change | 1262.86% | 70.64% | -97.95% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $8.204M | $5.307M | $4.556M |
YoY Change | 70.35% | 31.98% | 31.45% |
Accrued Expenses | $12.56M | $1.954M | $1.696M |
YoY Change | 721.79% | 39.67% | 62.3% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $7.982M | $0.00 | |
YoY Change | |||
Long-Term Debt Due | $4.203M | ||
YoY Change | 198.09% | ||
Total Short-Term Liabilities | $34.35M | $21.31M | $14.34M |
YoY Change | 154.12% | 109.75% | 107.38% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | |
YoY Change | -100.0% | ||
Other Long-Term Liabilities | $100.0K | $219.0K | $489.0K |
YoY Change | -86.07% | -76.2% | -97.56% |
Total Long-Term Liabilities | $100.0K | $219.0K | $489.0K |
YoY Change | -86.07% | -76.2% | -97.76% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $34.35M | $21.31M | $14.34M |
Total Long-Term Liabilities | $100.0K | $219.0K | $489.0K |
Total Liabilities | $60.23M | $23.07M | $14.83M |
YoY Change | 323.11% | 108.3% | -48.34% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$183.7M | -$181.7M | -$177.1M |
YoY Change | 6.64% | 7.75% | 20.26% |
Common Stock | $1.000K | $1.000K | $1.000K |
YoY Change | -83.33% | -80.0% | -66.67% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$17.51M | -$16.13M | -$14.10M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $42.67M | $6.906M | $725.0K |
YoY Change | 1262.86% | 70.64% | -97.95% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 | 2023 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.946M | -$2.163M | -$4.771M |
YoY Change | -46.83% | -80.85% | -90.07% |
Depreciation, Depletion And Amortization | $17.00K | $52.00K | $28.00K |
YoY Change | -77.33% | -79.2% | -97.89% |
Cash From Operating Activities | -$1.165M | -$480.0K | |
YoY Change | -39.95% | -90.94% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | ||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$259.0K | $0.00 | |
YoY Change | |||
Cash From Investing Activities | -$259.0K | $0.00 | |
YoY Change | -100.0% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 1.454M | 476.0K | |
YoY Change | -4.8% | ||
NET CHANGE | |||
Cash From Operating Activities | -1.165M | -480.0K | |
Cash From Investing Activities | -259.0K | 0.000 | |
Cash From Financing Activities | 1.454M | 476.0K | |
Net Change In Cash | 30.00K | -4.000K | |
YoY Change | -101.55% | -99.92% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.165M | -$480.0K | |
Capital Expenditures | $0.00 | ||
Free Cash Flow | -$1.165M | ||
YoY Change | -39.95% |
Facts In Submission
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Document Type
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10-Q | ||
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Document Quarterly Report
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Document Period End Date
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2024-06-30 | ||
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Document Fiscal Year Focus
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2024 | ||
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Document Transition Report
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Entity File Number
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001-39783 | ||
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Entity Registrant Name
EntityRegistrantName
|
FOXO TECHNOLOGIES INC. | ||
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Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
DE | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
85-1050265 | ||
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Entity Address Address Line1
EntityAddressAddressLine1
|
729 N. Washington Ave. | ||
dei |
Entity Address Address Line2
EntityAddressAddressLine2
|
Suite 600 | ||
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Entity Address City Or Town
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Minneapolis | ||
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Entity Address State Or Province
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MN | ||
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55401 | ||
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(612) | ||
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562-9447 | ||
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Security12b Title
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Class A Common Stock, par value $0.0001 | ||
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Trading Symbol
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FOXO | ||
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Security Exchange Name
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NYSEAMER | ||
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Assets
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0.0001 | |
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0.0001 | |
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|
28000 | usd |
CY2024Q2 | FOXO |
Direct Costs Of Revenues
DirectCostsOfRevenues
|
31000 | usd |
CY2024Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
104000 | usd |
CY2024Q2 | FOXO |
Management Contingent Share Plan Expense
ManagementContingentSharePlanExpense
|
8000 | usd |
CY2023Q2 | us-gaap |
Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
2633000 | usd |
us-gaap |
Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
2633000 | usd | |
CY2024Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1474000 | usd |
CY2024Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
1617000 | usd |
CY2024Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1589000 | usd |
CY2023Q2 | FOXO |
Loss From Pik Note Amendment And Debenture Release
LossFromPikNoteAmendmentAndDebentureRelease
|
-3521000 | usd |
FOXO |
Loss From Pik Note Amendment And Debenture Release
LossFromPikNoteAmendmentAndDebentureRelease
|
-3521000 | usd | |
CY2024Q2 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
542000 | usd |
CY2024Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-33000 | usd |
CY2024Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-575000 | usd |
CY2024Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-2164000 | usd |
CY2024Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-2164000 | usd |
CY2024Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-1000 | usd |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-1000 | usd | |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2163000 | usd |
CY2024Q2 | FOXO |
Deemed Dividend From Trigger Of Down Round Provisions And Extension Of Assumed Warrants
DeemedDividendFromTriggerOfDownRoundProvisionsAndExtensionOfAssumedWarrants
|
310000 | usd |
CY2024Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-2473000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
6708000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
6708000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-7639000 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
901000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-30000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-30000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-13759000 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
773000 | usd |
CY2023Q2 | FOXO |
Debenture Release
DebentureRelease
|
2181000 | usd |
CY2023Q2 | FOXO |
Payment In Kind Note Amendment
PaymentInKindNoteAmendment
|
1339000 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
2466000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-7030000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-7030000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-14100000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-14100000 | usd |
CY2024Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-2160000 | usd |
CY2024Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
103000 | usd |
CY2024Q1 | FOXO |
Shares Issued Under Kr Eight Agreement Value
SharesIssuedUnderKREightAgreementValue
|
378000 | usd |
CY2024Q1 | FOXO |
Stock Issued During Period Value Share Issued Under Corporate Development And Advisory Agreement
StockIssuedDuringPeriodValueShareIssuedUnderCorporateDevelopmentAndAdvisoryAgreement
|
153000 | usd |
CY2024Q1 | us-gaap |
Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
|
16000 | usd |
CY2024Q1 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
17000 | usd |
CY2024Q1 | FOXO |
Deemed Dividends From Trigger Of Down Round Provisions
DeemedDividendsFromTriggerOfDownRoundProvisions
|
656000 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-14937000 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-14937000 | usd |
CY2024Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-2473000 | usd |
CY2024Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-1000 | usd |
CY2024Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
68000 | usd |
CY2024Q2 | FOXO |
Stock Issued During Period Value Shares Issuable Under Terms Of Note Payable
StockIssuedDuringPeriodValueSharesIssuableUnderTermsOfNotePayable
|
28000 | usd |
CY2024Q2 | FOXO |
Stock Issued During Period Value Shares Issued To Lgh Under Terms Of Note Payable
StockIssuedDuringPeriodValueSharesIssuedToLghUnderTermsOfNotePayable
|
57000 | usd |
CY2024Q2 | FOXO |
Stock Issued During Period Value Shares Issued For Legal Settlement
StockIssuedDuringPeriodValueSharesIssuedForLegalSettlement
|
286000 | usd |
CY2024Q2 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
43000 | usd |
CY2024Q2 | FOXO |
Stock Issued During Period Shares Shares Issuable For Myrtle Acquisition
StockIssuedDuringPeriodSharesSharesIssuableForMyrtleAcquisition
|
235000 | usd |
CY2024Q2 | FOXO |
Stock Issued During Period Shares Shares Issuable To Institutional Investors Under Terms Of Senior Notes Payable
StockIssuedDuringPeriodSharesSharesIssuableToInstitutionalInvestorsUnderTermsOfSeniorNotesPayable
|
255000 | usd |
CY2024Q2 | us-gaap |
Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
|
38000 | usd |
CY2024Q2 | FOXO |
Stock Issued During Period Shares Deemed Dividends From Trigger Of Down Round Provisions Of Assumed Warrant
StockIssuedDuringPeriodSharesDeemedDividendsFromTriggerOfDownRoundProvisionsOfAssumedWarrant
|
310000 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-16167000 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-16167000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-3668000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-18932000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
522000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1176000 | usd | |
FOXO |
Loss From Note Amendment And Debenture Release
LossFromNoteAmendmentAndDebentureRelease
|
-3521000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
187000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1673000 | usd | |
FOXO |
Amortization Of Consulting Fees Paid In Common Stock
AmortizationOfConsultingFeesPaidInCommonStock
|
101000 | usd | |
FOXO |
Amortization Of Consulting Fees Paid In Common Stock
AmortizationOfConsultingFeesPaidInCommonStock
|
2221000 | usd | |
us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
2633000 | usd | |
us-gaap |
Loss On Sale Of Investments
LossOnSaleOfInvestments
|
100000 | usd | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-8000 | usd | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-208000 | usd | |
us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
504000 | usd | |
us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
275000 | usd | |
FOXO |
Legal Settlement Paid In Common Stock
LegalSettlementPaidInCommonStock
|
286000 | usd | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
282000 | usd | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
448000 | usd | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-1000 | usd | |
us-gaap |
Increase Decrease In Materials And Supplies
IncreaseDecreaseInMaterialsAndSupplies
|
-11000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-61000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-1435000 | usd | |
FOXO |
Increase Decrease In Change In Rightofuse Lease Obligation Change In Rightofuse Lease Asset
IncreaseDecreaseInChangeInRightofuseLeaseObligationChangeInRightofuseLeaseAsset
|
-1458000 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-13000 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-9000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
1170000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
555000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
1001000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-116000 | usd | |
FOXO |
Increase Decrease In Change In Rightofuse Lease Liability
IncreaseDecreaseInChangeInRightofuseLeaseLiability
|
-1458000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
551000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-5300000 | usd | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
259000 | usd | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
2122000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2381000 | usd | |
us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
265000 | usd | |
us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
48000 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
1608000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1825000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-5000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-5300000 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
38000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
5515000 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
33000 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
215000 | usd |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<p id="xdx_809_eus-gaap--NatureOfOperations_zz7V1GvYQCmd" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 45.35pt; text-align: justify; text-indent: -45.35pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span style="text-decoration: underline">Note 1 <span id="xdx_82B_zL2yBoBbrtLg">DESCRIPTION OF BUSINESS</span></span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">FOXO Technologies Inc. (“FOXO” or the “Company”), formerly known as Delwinds Insurance Acquisition Corp. (“Delwinds”), a Delaware corporation, was originally formed in April 2020 as a publicly traded special purpose company for the purpose of effecting a merger, capital stock exchange, asset acquisition, reorganization, or similar business combination involving one or more businesses. FOXO is commercializing epigenetic biomarker technology to support groundbreaking scientific research and disruptive next-generation business initiatives. The Company applies automated machine learning and artificial intelligence (“AI”) technologies to discover epigenetic biomarkers of human health, wellness and aging and, with the acquisition of Myrtle Recovery Centers, Inc. (“Myrtle”) effective on June 14, 2024, the Company offers behavioral health services, including substance abuse treatment. The acquisition of Myrtle is more fully discussed in Note 5.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Segments</i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company manages and classifies its business into two reportable business segments: (i) Healthcare; and (ii) Labs and Life. Previously, Labs and Life were treated as separate segments, however, with the acquisition of Myrtle, the Company’s operational focus shifted such that it was appropriate to combine its Labs and Life segments and to operate Myrtle under the Company’s newly formed Healthcare segment.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>The Business Combination</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On February 24, 2022, Delwinds entered into a definitive Agreement and Plan of Merger, dated as of February 24, 2022, as amended on April 26, 2022, July 6, 2022 and August 12, 2022 (the “Merger Agreement”), with FOXO Technologies Inc., now known as FOXO Technologies Operating Company (“FOXO Technologies Operating Company”), DWIN Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Delwinds (“Merger Sub”), and DIAC Sponsor LLC (the “Sponsor”), in its capacity as the representative of the stockholders of Delwinds from and after the closing (the “Closing”) of the transactions contemplated by the FOXO Transaction Agreement (collectively, the “Transaction” or the “Business Combination”).</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Business Combination was approved by Delwinds’ stockholders on September 14, 2022, and closed on September 15, 2022 (the “Closing Date”) whereby Merger Sub merged into FOXO Technologies Operating Company, with FOXO Technologies Operating Company surviving the merger as a wholly owned subsidiary of the Company (the “Combined Company”), and with FOXO Technologies Operating Company security holders becoming security holders of the Combined Company. Immediately upon the Closing, the name of Delwinds was changed to FOXO Technologies Inc.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Following the Closing, FOXO became a holding company whose wholly-owned subsidiary, FOXO Technologies Operating Company, conducted all of the core business operations. FOXO Technologies Operating Company maintains its two wholly-owned subsidiaries, FOXO Labs Inc. and FOXO Life, LLC. FOXO Labs maintains a wholly-owned subsidiary, Scientific Testing Partners, LLC, while FOXO Life Insurance Company was a wholly-owned subsidiary of FOXO Life, LLC. On February 3, 2023, the Company sold FOXO Life Insurance Company as more fully discussed in Note 13. On June 14, 2024, FOXO acquired Myrtle as more fully discussed in Note 5.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-4633000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-21398000 | usd | |
CY2024Q2 | FOXO |
Working Capital Deficit
WorkingCapitalDeficit
|
20817000 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-16167000 | usd |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
551000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-5300000 | usd | |
CY2024Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
33000 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-14900000 | usd |
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p id="xdx_844_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zsOOVoaBkEbe" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_86D_zZsqbpV11Rwc">RECLASSIFICATIONS</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain items in the 2023 financial statements have been reclassified for comparison purposes.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
CY2023Q4 | us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
1-for-10 reverse stock split | |
CY2024Q2 | FOXO |
Contractual Allowances
ContractualAllowances
|
90000 | usd |
FOXO |
Contractual Allowances
ContractualAllowances
|
90000 | usd | |
CY2024Q2 | FOXO |
Contractual Allowance Related Adjustments
ContractualAllowanceRelatedAdjustments
|
90000 | usd |
FOXO |
Contractual Allowance Related Adjustments
ContractualAllowanceRelatedAdjustments
|
90000 | usd | |
us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
13334 | shares | |
us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
398700 | shares | |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2163000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-11293000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-3667000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-18932000 | usd | |
CY2024Q2 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
310000 | usd |
CY2023Q2 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
2466000 | usd |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
966000 | usd | |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
2466000 | usd | |
CY2024Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-2473000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-13759000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-4633000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-21398000 | usd | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5793128000 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1287728000 | shares | |
CY2023Q2 | us-gaap |
Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
|
500000 | usd |
CY2023Q2 | us-gaap |
Liabilities Assumed1
LiabilitiesAssumed1
|
500000 | usd |
CY2023Q2 | us-gaap |
Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
|
2369000 | usd |
CY2024Q2 | us-gaap |
Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
|
505000 | usd |
us-gaap |
Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
|
500000 | usd | |
FOXO |
Legal Costs
LegalCosts
|
5000 | usd | |
CY2024Q2 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
137000 | usd |
CY2023Q2 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
12000 | usd |
us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
316000 | usd | |
us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
25000 | usd | |
CY2024Q2 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
-2394000 | usd |
CY2023Q2 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
-11361000 | usd |
us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
-4441000 | usd | |
us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
-19077000 | usd | |
CY2024Q2 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
310000 | usd |
CY2023Q2 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
2466000 | usd |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
966000 | usd | |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
2466000 | usd | |
CY2024Q2 | FOXO |
Business Acquisition Pro Forma Net Income Loss Available To Common Stockholders Basic
BusinessAcquisitionProFormaNetIncomeLossAvailableToCommonStockholdersBasic
|
-2704000 | usd |
CY2023Q2 | FOXO |
Business Acquisition Pro Forma Net Income Loss Available To Common Stockholders Basic
BusinessAcquisitionProFormaNetIncomeLossAvailableToCommonStockholdersBasic
|
-13827000 | usd |
FOXO |
Business Acquisition Pro Forma Net Income Loss Available To Common Stockholders Basic
BusinessAcquisitionProFormaNetIncomeLossAvailableToCommonStockholdersBasic
|
-5407000 | usd | |
FOXO |
Business Acquisition Pro Forma Net Income Loss Available To Common Stockholders Basic
BusinessAcquisitionProFormaNetIncomeLossAvailableToCommonStockholdersBasic
|
-21543000 | usd | |
CY2024Q2 | us-gaap |
Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
|
-0.24 | |
CY2024Q2 | us-gaap |
Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
|
-0.24 | |
CY2023Q2 | us-gaap |
Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
|
-3.59 | |
CY2023Q2 | us-gaap |
Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
|
-3.59 | |
us-gaap |
Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
|
-0.51 | ||
us-gaap |
Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
|
-0.51 | ||
us-gaap |
Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
|
-5.99 | ||
us-gaap |
Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
|
-5.99 | ||
CY2024Q2 | FOXO |
Business Acquisition Pro Forma Weighted Average Number Of Shares Outstanding Basic
BusinessAcquisitionProFormaWeightedAverageNumberOfSharesOutstandingBasic
|
11365 | shares |
CY2024Q2 | FOXO |
Business Acquisition Pro Forma Weighted Average Number Of Diluted Shares Outstanding
BusinessAcquisitionProFormaWeightedAverageNumberOfDilutedSharesOutstanding
|
11365 | shares |
CY2023Q2 | FOXO |
Business Acquisition Pro Forma Weighted Average Number Of Shares Outstanding Basic
BusinessAcquisitionProFormaWeightedAverageNumberOfSharesOutstandingBasic
|
3851 | shares |
CY2023Q2 | FOXO |
Business Acquisition Pro Forma Weighted Average Number Of Diluted Shares Outstanding
BusinessAcquisitionProFormaWeightedAverageNumberOfDilutedSharesOutstanding
|
3851 | shares |
FOXO |
Business Acquisition Pro Forma Weighted Average Number Of Shares Outstanding Basic
BusinessAcquisitionProFormaWeightedAverageNumberOfSharesOutstandingBasic
|
10653 | shares | |
FOXO |
Business Acquisition Pro Forma Weighted Average Number Of Diluted Shares Outstanding
BusinessAcquisitionProFormaWeightedAverageNumberOfDilutedSharesOutstanding
|
10653 | shares | |
FOXO |
Business Acquisition Pro Forma Weighted Average Number Of Shares Outstanding Basic
BusinessAcquisitionProFormaWeightedAverageNumberOfSharesOutstandingBasic
|
3598 | shares | |
FOXO |
Business Acquisition Pro Forma Weighted Average Number Of Diluted Shares Outstanding
BusinessAcquisitionProFormaWeightedAverageNumberOfDilutedSharesOutstanding
|
3598 | shares | |
CY2024Q2 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
1566000 | usd |
CY2024Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
1290000 | usd |
CY2024Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
276000 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
257000 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
37000 | usd |
CY2024Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
30000 | usd |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
23000 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
227000 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
14000 | usd |
CY2024Q2 | us-gaap |
Depreciation
Depreciation
|
4000 | usd |
CY2023Q2 | us-gaap |
Depreciation
Depreciation
|
9000 | usd |
us-gaap |
Depreciation
Depreciation
|
7000 | usd | |
us-gaap |
Depreciation
Depreciation
|
18000 | usd | |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
729000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
214000 | usd |
CY2024Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
2363000 | usd |
CY2023Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
378000 | usd |
CY2024Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
258000 | usd |
CY2023Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
237000 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
515000 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1159000 | usd | |
CY2023Q2 | us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
2633000 | usd |
CY2024Q2 | us-gaap |
Goodwill
Goodwill
|
2369000 | usd |
CY2024Q2 | us-gaap |
Notes Payable
NotesPayable
|
7982000 | usd |
CY2023Q4 | us-gaap |
Notes Payable
NotesPayable
|
4203000 | usd |
CY2024Q2 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
7982000 | usd |
CY2023Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
4203000 | usd |
CY2024Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
1458000 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
110000 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1348000 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1458000 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
|
P5Y10M24D | |
CY2024Q2 | us-gaap |
Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
|
0.220 | pure |
CY2024Q2 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
4000 | usd |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
4000 | usd | |
CY2024Q2 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
15000 | usd |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
15000 | usd | |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths
|
421000 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Two
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearTwo
|
433000 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Three
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearThree
|
446000 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Four
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFour
|
460000 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFive
|
473000 | usd |
CY2024Q2 | FOXO |
Lessee Operating Lease Liability Payments Due In Rolling Year Thereafter
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearThereafter
|
464000 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
2697000 | usd |
CY2024Q2 | us-gaap |
Interest Receivable
InterestReceivable
|
1239000 | usd |
CY2024Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
1458000 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
110000 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1348000 | usd |
CY2024Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2024Q2 | FOXO |
Shares Authorized
SharesAuthorized
|
510000000 | shares |
CY2024Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2024Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2024Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2024Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2024Q4 | FOXO |
Percentage Of Exercise Price
PercentageOfExercisePrice
|
1.10 | pure |
CY2024Q2 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
25672 | shares |
CY2024Q1 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
598877 | shares |
CY2024Q1 | us-gaap |
Class Of Warrant Or Righst Date From Which Warrants Or Rights Exercisable
ClassOfWarrantOrRighstDateFromWhichWarrantsOrRightsExercisable
|
2024-02-24 | |
FOXO |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights Exerciable
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRightsExerciable
|
4438813 | shares | |
CY2024Q2 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
0.23 | |
CY2023Q2 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
25868 | shares |
CY2023Q1 | us-gaap |
Statutory Accounting Practices Statutory Capital And Surplus Required
StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired
|
5002000 | usd |
CY2023Q1 | us-gaap |
Payments For Merger Related Costs
PaymentsForMergerRelatedCosts
|
200000 | usd |
us-gaap |
Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
|
251000 | usd | |
CY2023Q2 | FOXO |
Merger Consideration And Buyers Third Party Expenses Transaction Gain
MergerConsiderationAndBuyersThirdPartyExpensesTransactionGain
|
4751000 | usd |
CY2024Q2 | us-gaap |
Assets
Assets
|
6906000 | usd |
CY2023Q4 | us-gaap |
Assets
Assets
|
725000 | usd |
CY2024Q2 | us-gaap |
Revenues
Revenues
|
28000 | usd |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
12000 | usd |
CY2024Q2 | FOXO |
Net Income Loss From Segments
NetIncomeLossFromSegments
|
-570000 | usd |
CY2023Q2 | FOXO |
Net Income Loss From Segments
NetIncomeLossFromSegments
|
-557000 | usd |
CY2023Q2 | us-gaap |
Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
2633000 | usd |
CY2023Q2 | FOXO |
Loss From Pik Note Amendment And Debenture Release
LossFromPikNoteAmendmentAndDebentureRelease
|
-3521000 | usd |
CY2024Q2 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
542000 | usd |
CY2023Q2 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
492000 | usd |
CY2024Q2 | us-gaap |
Revenues
Revenues
|
28000 | usd |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
12000 | usd |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2163000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-11293000 | usd |
CY2024Q2 | FOXO |
Amortization Of Consulting Fees
AmortizationOfConsultingFees
|
144000 | usd |
CY2024Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
52000 | usd |
CY2023Q2 | FOXO |
Amortization Of Consulting Fees
AmortizationOfConsultingFees
|
1268000 | usd |
CY2023Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
247000 | usd |
us-gaap |
Revenues
Revenues
|
35000 | usd | |
us-gaap |
Revenues
Revenues
|
25000 | usd | |
FOXO |
Net Income Loss From Segments
NetIncomeLossFromSegments
|
-937000 | usd | |
FOXO |
Net Income Loss From Segments
NetIncomeLossFromSegments
|
-1494000 | usd | |
us-gaap |
Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
2633000 | usd | |
FOXO |
Loss From Pik Note Amendment And Debenture Release
LossFromPikNoteAmendmentAndDebentureRelease
|
-3521000 | usd | |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
843000 | usd | |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
717000 | usd | |
us-gaap |
Revenues
Revenues
|
35000 | usd | |
us-gaap |
Revenues
Revenues
|
25000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-3667000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-18932000 | usd | |
FOXO |
Amortization Of Consulting Fees
AmortizationOfConsultingFees
|
288000 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
104000 | usd | |
FOXO |
Amortization Of Consulting Fees
AmortizationOfConsultingFees
|
3894000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1176000 | usd | |
CY2024Q2 | FOXO |
Accrued Settlement
AccruedSettlement
|
1974000 | usd |
CY2023Q4 | FOXO |
Accrued Settlement
AccruedSettlement
|
2260000 | usd |
CY2022Q4 | us-gaap |
Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
|
6207000 | usd |
CY2023 | us-gaap |
Payments For Legal Settlements
PaymentsForLegalSettlements
|
300000 | usd |
CY2024Q2 | us-gaap |
Accelerated Share Repurchases Settlement Payment Or Receipt
AcceleratedShareRepurchasesSettlementPaymentOrReceipt
|
50000 | usd |
FOXO |
Revenues Received Percentage
RevenuesReceivedPercentage
|
0.15 | pure | |
us-gaap |
Severance Costs1
SeveranceCosts1
|
1575000 | usd | |
CY2023 | us-gaap |
Severance Costs1
SeveranceCosts1
|
1575000 | usd |
CY2023Q1 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Severance Payments
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsSeverancePayments
|
462000 | usd |
FOXO |
Debenture Release
DebentureRelease
|
2181000 | usd | |
FOXO |
Payment In Kind Note Amendment
PaymentInKindNoteAmendment
|
1339000 | usd | |
FOXO |
Deemed Dividends From Exchange Offer
DeemedDividendsFromExchangeOffer
|
2466000 | usd | |
FOXO |
Deemed Dividends From Trigger Of Down Round Provisions And Extension Of Assumed Warrants
DeemedDividendsFromTriggerOfDownRoundProvisionsAndExtensionOfAssumedWarrants
|
966000 | usd | |
us-gaap |
Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
|
340000 | usd | |
FOXO |
Warrants Issuable For Finders Fees
WarrantsIssuableForFindersFees
|
60000 | usd | |
FOXO |
Stock Issued During Period Shares Shares Issuable For Acquisition
StockIssuedDuringPeriodSharesSharesIssuableForAcquisition
|
235000 | usd | |
CY2024Q2 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q2 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |