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EQUITY (Tables)
 6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Schedule of Warrants Outstanding and Exercisable The following table summarizes the status of warrants and related transactions:
Non-Derivative (Equity) Warrants
Derivative Liabilities Warrants
Total Number of WarrantsWeighted - Average Exercise Price
Balance as of January 1, 2025
50,518,53621,400,00071,918,536$1.03 
Granted (1)
8,010,626 — 8,010,626 $0.48 
Balance as of June 30, 2025
58,529,16221,400,00079,929,162$0.98 
Exercisable as of June 30, 2025
57,059,16221,400,00078,459,162$0.98 
(1)In February 2025, the Company issued 8,010,626 warrants in connection with Second Lien Notes issuances. Refer to Note 8 - Debt for more information.
Schedule of Share-Based Payment Award, Warrants, Valuation Assumptions The following assumptions were used for the calculation at date of issuance:
Weighted average stock price$0.33
Weighted average expected stock price volatility91.8%
Expected annual dividend yield0%
Weighted average expected life of warrants
5.0 years
Weighted average risk-free annual interest rate4.1%
Weighted average grant date fair value$0.22
Schedule of Stock Options Outstanding
The following table summarizes the status of stock options and related transactions:
Number of Stock OptionsWeighted-Average Per Share Exercise Price
Issued and Outstanding as of January 1, 202526,769,419 $0.79 
Granted840,000 $0.30 
Cancelled/forfeited/expired(3,300,667)$0.78 
Issued and Outstanding as of June 30, 202524,308,752 $0.77 
Exercisable as of June 30, 202514,284,967 $0.95 
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions The following assumptions were used for the calculation at date of grant:
Six Months Ended June 30,
20252024
Weighted average stock price$0.29$0.70
Weighted average expected stock price volatility92.0%77.9%
Expected annual dividend yield0%0%
Weighted average expected life5.0 years5.1 years
Weighted average risk-free annual interest rate4.0%4.3%
Weighted average grant date fair value$0.21$0.46
Schedule of Components of Share-based Compensation Expense
The components of share-based compensation expense (forfeiture), net, are as follows:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Stock options
$307 $594 $(74)$1,949 
Restricted stock— 1 — 2 
Warrants67 (248)141 (80)
Total share-based compensation expense (forfeiture), net
$374 $347 $67 $1,871