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INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

SCHEDULE OF COMPONENTS OF NET LOSS BEFORE INCOME TAXES

Components of net loss before income taxes are as follows (in thousands):

SCHEDULE OF COMPONENTS OF NET LOSS BEFORE INCOME TAXES  

		Year Ended December 31,
		2024				2023				2022
United States		$	(97,893	)		$	(86,730	)		$	(53,091	)
Foreign			1,485				5,034				-
Total		$	(96,408	)		$	(81,696	)		$	(53,091	)

SCHEDULE OF COMPONENTS OF INCOME TAX EXPENSE (BENEFIT)

Components of income tax expense (benefit) are as follows (in thousands):

SCHEDULE OF COMPONENTS OF INCOME TAX EXPENSE (BENEFIT)  

		Year Ended December 31,
		2024				2023				2022
Current
Federal		$	-			$	-			$	-
State			-				-				-
International			581				2,061				-
Total Current Tax Expense			581				2,061				-
Deferred
Federal			-				-				-
State			-				-				-
International			(74	)			(915	)			-
Total Deferred Tax Expense			(74	)			(915	)			-
Total Tax Expense		$	507			$	1,146			$	-

SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION

The percentage difference between the effective tax rate of the provision (benefit) for income taxes and the Federal statutory rate is as follows:

SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION  

		2024				2023				2022
		Year Ended December 31,
		2024				2023				2022
Statutory rate			21.0	%			21.0	%			21.0	%
Permanent Items and adjustments			0.0	%			0.1	%			0.0	%
Compensation related			0.0	%			(0.4	)%			(0.5	)%
Share-based compensation			(2.4	)%			(1.7	)%			(2.2	)%
Net operating loss expiration			(6.2	)%			(6.3	)%			(9.0	)%
Tax credits			1.0	%			1.0	%			1.5	%
Change in valuation allowance			(11.0	)%			(15.0	)%			(10.8	)%
Bargain Purchase gain			0.0	%			0.9	%			0.0	%
Notes payable related			(2.7	)%			0.0	%			0.0	%
Other			(0.2	)%			(1.0	)%			0.0	%
Total			(0.5	)%			(1.4	)%			0.0	%

SCHEDULE OF DEFERRED TAX ASSETS

Components of deferred tax assets are as follows (in thousands):

SCHEDULE OF DEFERRED TAX ASSETS  

		December 31,
		2024				2023
Deferred tax assets
Reserves		$	430			$	632
Net operating loss carryforwards			104,575				97,254
R&D credit carryforwards			11,052				10,114
Depreciation/amortization deferred			29,618				26,079
Operating lease liabilities			5,099				3,878
Other			6,475				7,833
Total deferred tax assets			157,249				145,790
Deferred tax liabilities:
Operating lease right-of-use assets			(4,106	)			(3,272	)
Total deferred tax liabilities			(4,106	)			(3,272	)
Net valuation allowances			(152,935	)			(142,376	)
Deferred tax assets		$	208			$	142

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
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-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(1)(Note 1))
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