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EQUITY (Tables)
12 Months Ended
Dec. 31, 2021
Equity [Abstract]  
SCHEDULE OF ISSUANCE OF WARRANTS TO PURCHASE COMMON STOCK

 

   Number of
underlying
Common stock
   Weighted
average
exercise price
 
Series E Warrants   198,159   $27.000 
Series F Warrants   433,878   $7.425 
Series G Warrants   1,092,344   $10.230 
Underwriter Warrants   18,277   $7.425 
Other warrants   51,325   $225.000 and above 
Total Warrants   1,793,983   $  
SCHEDULE OF STOCK OPTIONS GRANTED

5) The following table summarizes information about stock options granted to employees:

 

   Year ended December 31 
   2021   2020 
   Number of options  

Weighted

average

exercise price

   Number of options  

Weighted

average

exercise price

 
Outstanding - beginning of period   91,692    6.20    -   $- 
Granted   205,223    4.90    92,007    6.20 
Forfeited   (7,507)   5.69    (315)   5.85 
Outstanding-end of period   289,408   $5.29    91,692   $6.20 
Exercisable at the end of the period   28,360    6.26    -   - 

 

6) The following table summarizes information about stock options granted to non-employees:

 

   Year ended December 31 
   2021   2020 
   Number of options   Weighted average exercise price   Number of options   Weighted average exercise price 
Outstanding - beginning of period   -    

-

    -     - 
Granted   20,002    6.90    -    - 
Forfeited   

-

   -    -   - 
Exercised   -    -    -    - 
Outstanding - end of period   20,002    6.90    -    - 
Exercisable at the end of the period   -    -    -    - 
SCHEDULE OF RESTRICTED STOCK GRANTED TO EMPLOYEES

7) The following table summarizes information about restricted stock granted to employees:

 

   Year ended December 31 
   2021   2020 
   Number of restricted stock 
Outstanding - beginning of period   185,725    4,642 
Reverse Split Adjustments   59    - 
Granted   419,943    185,461 
Forfeited   (20,822)   (3,717)
Vested   (57,237)   (661)
Outstanding - end of period   527,668    185,725 
SCHEDULE OF RESTRICTED STOCK UNIT GRANTED TO EMPLOYEES

8) The following table summarizes information about Restricted Stock Units granted to employees:

 

   Year ended December 31 
   2021   2020 
   Number of restricted stock units 
Outstanding - beginning of period   90,511    11,000 
Granted   146,567    90,511 
Forfeited   -    - 
Vested   -    (11,000)
Outstanding - end of period   237,078    90,511 
SCHEDULE OF ADDITIONAL INFORMATION ABOUT ALL OPTIONS OUTSTANDING AND EXERCISABLE

9) The following table provides additional information about all options outstanding and exercisable:

 

    Outstanding as of December 31, 2021 

Exercise

price

   Options outstanding   Weighted average remaining contractual life (years)   Options exercisable 
$3.89-4.12    146,539    9.81    - 
$4.95-10.05    158,819    8.99    27,009 
$16.50    4,052    8.01    1,351 
      309,410    9.37    28,361 
SCHEDULE OF FAIR VALUE OF OPTIONS GRANTED TO EMPLOYEES

 

      Year ended December 31    
      2021       2020  
      Number of restricted stock    
Expected life       5.5-6.5 years       5.5-6.5 years  
Risk-free interest rates       0.59%-1.40 %     0.32%-0.42 %
Volatility       129.11%-136.78 %     124.53%-136.66 %
Dividend yield     -       -  

 

SCHEDULE OF ALLOCATION OF TOTAL SHARE-BASED COMPENSATION EXPENSE

 

   Year ended December 31 
   2021   2020 
   ($ in thousands) 
Cost of revenues  $49   $22 
Research and development   64    29 
Sales and marketing   182    32 
General and administrative   1,281    523 
   $1,576   $606