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STOCKHOLDERS’ EQUITY (Tables)
3 Months Ended
Mar. 31, 2025
Class of Stock [Line Items]  
SUMMARY OF STOCK OPTIONS ACTIVITY

A summary of all stock option activity as of and for the three months ended March 31, 2025 is presented below:

 

   # of Options   Weighted-Average Exercise Price 
Outstanding as of December 31, 2023   212   $579.50 
Options forfeited   (108)   1,215.91 
Outstanding as of December 31, 2024   104   $304.34 
Options forfeited   (75)   304.39 
Outstanding and exercisable as of March 31, 2025   29   $339.49 
SUMMARY OF WARRANT ACTIVITY

A summary of all Warrant activity as of and for the three months ended March 31, 2025 is presented below:

 

   Warrants   Weighted-Average Remaining Life (Years)   Weighted-Average Exercise Price   Aggregate Intrinsic Value (in millions) 
Outstanding as of December 31, 2023   20,167    3.8   $348.70   $- 
Granted   414,494    4.6    18.90    1.0 
Expired   (119,605)   4.3    50.00    - 
Outstanding as of December 31, 2024   315,056    4.6    28.20    1.0 

Additions due to price protection adjustment

   1,774,986    5.0    6.50    - 
Issued with Series G Preferred Stock units sold   389,490    5.0    1.67    0.3 
Expired   (500)   -    (788.0)    
Outstanding as of March 31, 2025   2,479,032    4.9   $5.65   $0.3 
Warrant [Member]  
Class of Stock [Line Items]  
SCHEDULE OF FAIR VALUE OF WARRANTS

The estimated fair value of the deemed dividend relating to the price protection adjustment is computed as the fair value of the warrants with the reduced exercise price of $1.67 less the fair value of the warrants at the original exercise price of $6.50 as computed on the trigger date. The Black-Scholes option-pricing model used the assumptions below:

 

Volatility   131%
Risk-free interest rate   4.07%
Expected term (in years)   5.00 
Expected dividend yield   - 
Fair value of common stock  $1.88