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STOCK OPTIONS, RESTRICTED STOCK AND WARRANTS (Tables)
 6 Months Ended
Jun. 30, 2024
Equity [Abstract]  
Schedule of stock options
                     
   Options Outstanding 
           Weighted -     
           Average     
           Remaining   Aggregate 
       Weighted-   Contractual   Intrinsic 
   Number of   Average   Term   Value 
   Shares   Exercise Price   (in years)   (in thousands)(1) 
Balance as of December 31, 2023   301,471   $4.56           
                     
Granted   -    -           
                     
Forfeited/Cancelled/Expired   (471)  $212.50           
                     
Balance as of June 30, 2024   301,000   $4.24           
                     
Exercisable as of June 30, 2024   301,000   $4.24    0.7   $- 

 

(1)The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying awards and the quoted price of the Company’s common stock for options that were in-the-money at each respective period. 
Schedule of unvested restricted stock awards
           
       Weighted - 
       Average 
   Number of   Grant 
   Award Shares   Date Fair Value 
         
Unvested at December 31, 2023   416,669    1.44 
           
Granted   140,000    1.60 
           
Vested   (416,669)   1.44 
           
Balance at June 30, 2024   140,000   $1.60 
Schedule of unvested restricted stock units
           
       Weighted - 
       Average 
   Number of   Grant 
   Unit Shares   Date Fair Value 
Unvested at December 31, 2023   371,253    1.32 
           
Granted   35,000    1.60 
           
Vested   (70,527)   1.33 
           
Forfeited   (25,334)   1.23 
           
Balance at June 30, 2024   310,392   $1.34 
Schedule of unvested performance restricted stock units
           
       Weighted - 
       Average 
   Number of   Number of 
   Unit Shares   Unit Shares 
Unvested at December 31, 2023   1,438,760    1.51 
           
Granted   480,000    1.12 
           
Forfeited/Cancelled   (192,100)   1.78 
           
Balance at June 30, 2024   1,726,660   $1.37 
Schedule of warrants outstanding
                     
   Number of
Warrant Shares		  

Weighted-

Average

Exercise

Price

  

Weighted -

Average

Remaining

Contractual

Term

(in years)

  

Aggregate

Intrinsic

Value

(in thousands)(1)

 
Balance as of December 31, 2023   4,628,586   $4.13           
                     
Granted   -    -           
                     
Expired   -    -           
                     
Balance as of June 30, 2024   4,628,586   $4.13    1.8      
                     
Exercisable as of June 30, 2024   4,628,586   $4.13    1.8   $- 

 

(1)The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying warrants and the closing stock price of $1.41 for our common stock on June 30, 2024.