INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

SCHEDULE OF COMPONENTS OF NET DEFERRED TAX ASSETS AND LIABILITIES

Significant components of the Company’s deferred tax assets and liabilities for federal and state income taxes as of December 31, 2024 and 2023 are as follows in thousands:

	December 31,			December 31,
	2024			2023
Deferred tax assets:
Stock-based compensation	$	1,438		$	1,438
Assets		1,174			1,304
Liability accruals		311			324
R&D Credit		1,372			1,372
Capital Loss		528			528
Deferred state tax		(2,087	)		(2,065	)
Net operating loss carry forward		10,024			10,489
Total gross deferred tax assets		12,760			13,390
Less - valuation allowance		(12,760	)		(13,390	)
Net deferred tax assets	$	-		$	-