Weave Communications, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Cover Page
- Audit Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Basis of Presentation and Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Current and Long-Term Debt - Narrative (Details)

v3.22.4

Current and Long-Term Debt - Narrative (Details)	1 Months Ended	12 Months Ended
Current and Long-Term Debt - Narrative (Details)	Aug. 31, 2021 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($) payment	Jul. 31, 2021 USD ($)
Debt Instrument [Line Items]
Proceeds from line of credit		$ 0	$ 6,000,000	$ 0
Notes Payable to Banks
Debt Instrument [Line Items]
Debt instrument, face amount				$ 4,000,000
Number of required principal payments \| payment				36
Amount of required principal payment				$ 100,000
Note payable converted into deemed advance the line of credit	$ 4,000,000
Revolving credit facility
Debt Instrument [Line Items]
Outstanding balance		$ 10,000,000
Revolving credit facility \| Line of Credit
Debt Instrument [Line Items]
Borrowing capacity	50,000,000			$ 10,000,000	$ 10,000,000
Proceeds from line of credit	6,000,000
Outstanding balance	10,000,000
Debt agreement fee	$ 100,000
Unused line fee (percent)	0.15%
Debt covenant, outstanding principal balance threshold	$ 10,000,000
Debt covenant, minimum unrestricted cash and cash equivalents	100,000,000
Debt covenant, minimum consolidated liquidity	$ 20,000,000
Revolving credit facility \| Minimum \| Line of Credit
Debt Instrument [Line Items]
Interest rate, minimum (percent)	3.50%
Revolving credit facility \| Prime rate \| Line of Credit
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	0.25%

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The amount of the original debt being converted in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period.

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The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

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