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COMMITMENTS AND CONTINGENCIES (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2024
Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]    
SCHEDULE OF LEASE EXPENSE

 SCHEDULE OF LEASE EXPENSE 

As of December 31, 2023 and 2022, the components of lease expense are as follows (in thousands):

 SCHEDULE OF LEASE EXPENSE 

Lease cost:  2023   2022 
         
Operating lease cost  $481   $487 
Total net lease cost  $481   $487 

SCHEDULE OF REMAINING LEASE TERMS AND DISCOUNT RATE

As of December 31, 2023 and 2022, the remaining lease terms and discount rate used are as follows (in thousands):

SCHEDULE OF REMAINING LEASE TERMS AND DISCOUNT RATE 

   2023   2023 
         
Weighted-average remaining lease term (years)   3.7    4.6 
Weighted-average discount rate   8.3%   8.3%

SCHEDULE OF RELATED TO LEASES

Supplemental cash flow information related to leases as of December 31, 2023 and 2022 is as follows (in thousands):

 

   2023   2022 
Cash flow classification of lease payments:          
Operating cash flows from operating leases   602    438 

SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS

As of December 31, 2023 and 2022, the maturities of the Company’s future minimum lease payments were as follows (in thousands):

 SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS

As of December 31,    
     
2024   621 
2025   594 
2026   507 
2027   493 
2028   133 
Thereafter   7 
      
Total lease payments   2,355 
Less: Imputed interest   (360)
Total  $1,995