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SHARE-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]  
SCHEDULE OF SHARE-BASED COMPENSATION EXPENSE

The following table summarizes the amount of share-based compensation expense by line item on the statements of operations:

 

                 
   Three Months Ended   Six Months Ended 
Share-based compensation expense  June 30,   June 30, 
(in thousands)  2024   2023   2024   2023 
Research and development expense  $1,252   $1,486   $2,596   $2,244 
Sales, marketing, general and administrative expense   2,101    2,380    4,500    4,571 
Total Share-based compensation expense  $3,353   $3,866   $7,096   $6,815 
SCHEDULE OF OPTIONS ACTIVITY AND POSITIONS

The following table summarizes shares, weighted-average exercise price, weighted-average remaining contractual term, and aggregate intrinsic value of options outstanding and options exercisable as of June 30, 2024 (in thousands, except per share data):

 

           Weighted-     
       Weighted-   Average     
       Average   Remaining   Aggregate 
       Exercise   Contractual   Intrinsic 
Options  Shares   Price   Term (years)   Value 
Outstanding as of June 30, 2024   668   $1.42    4.0   $108 
                     
Exercisable as of June 30, 2024   668   $1.42    4.0   $108 
SCHEDULE OF ACTIVITY AND POSITIONS WITH RESPECT TO RSUs AND PSUs

The following table summarizes activity and positions with respect to RSUs and PSUs for the six months ended June 30, 2024 (in thousands, except per share data):

 

       Weighted-
Average
 
   Shares   Price 
Unvested as of December 31, 2023   9,983   $3.09 
Granted   6,089    1.40 
Vested   (2,786)   5.11 
Forfeited   (823)   2.71 
Unvested as of June 30, 2024   12,463   $    1.85