DEBT (Tables)

12 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

SCHEDULE OF DEBT

The following comprises debt at December 31, 2024 and 2023 (in thousands):

	2024		2023
Debt – Third Parties
Paycheck Protection Program	$	16	$	72
Note payable - Whitehawk	37,630		43,206
Total debt	37,646		43,278
Less: Premium, discount and issuance costs	498		3,107
Current portion of debt	37,148		1,037
Long-term debt	$	—	$	39,134
Total debt (net of premium, discount and issuance costs)	$	37,148	$	40,171

SCHEDULE OF DEBT MATURITY

Principal repayments to be made during the next five years on the Company’s outstanding debt facilities at December 31, 2024 are as follows (in thousands):

2025	$	37,646
2026	—
2027	—
2028	—
2029	—
Total	$	37,646