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COMMITMENTS AND CONTINGENCIES (Tables)
6 Months Ended
Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]  
SCHEDULE OF LEASE EXPENSE

For the three and six months ended June 30, 2024 and 2023, the components of lease expense are as follows (in thousands):

 

                 
  Three Months Ended June 30,   Six Months Ended June 30, 
Lease cost:  2024   2023   2024   2023 
                 
Operating lease cost  $123   $114   $247   $243 
Total net lease cost  $123   $114   $247   $243 
SCHEDULE OF REMAINING LEASE TERMS AND DISCOUNT RATE

As of June 30, 2024, the remaining lease terms and discount rate used are as follows (in thousands):

 

   2024 
     
Weighted-average remaining lease term (years)   3.2 
Weighted-average discount rate   8.4%
SCHEDULE OF RELATED TO LEASES

Supplemental cash flow information related to leases as of June 30, 2024 is as follows (in thousands):

 

   2024 
Cash flow classification of lease payments:     
 Operating cash flows from operating leases   309 
SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS

As of June 30, 2024, the maturities of the Company’s future minimum lease payments were as follows (in thousands):

 

As of June 30,    
2024 (remaining six months)   312 
2025   594 
2026   507 
2027   493 
2028   133 
Thereafter   7 
Total lease payments   2,046 
Less: Imputed interest   (282)
Total  $1,764