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SEGMENT PERFORMANCE MEASURES AND EXPENSES (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
SCHEDULE OF SIGNIFICANT EXPENSE CATEGORIES AND CONSOLIDATED NET LOSS

The table below provides a summary of the significant expense categories and consolidated net loss details provided to the CODM (in thousands):

 

                    
   For the year ended December 31, 
   (In thousands)   Change Increase (Decrease) 
   2024   2023         
Operating Expenses:                    
Clinical Research                    
OVATION  $1,386   $1,197   $189    15.8%
Vaccine   1,420    -    1,420    100.0%
Other clinical and regulatory   2,434    1,793    641    35.8%
Subtotal   5,240    2,990    2,250    75.3%
Non-Clinical R&D and CMC                    
OVATION   1,819    1,504    315    20.9%
PlaCCine Vaccine   2,554    4,511    (1,957)   (43.4)%
Manufacturing (CMC)   2,026    2,283    (257)   (11.3)%
Subtotal   6,399    8,298    (1,899)   (22.9)%
Research and development expenses   11,639    11,288    351    3.1%
General and administrative expenses   7,493    9,742    (2,249)   (23.1)%
Total operating expenses   19,132    21,030    (1,898)   (9.0)%
Loss from operations  $(19,132)  $(21,030)  $(1,898)   (9.0)%