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NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Mar. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

SCHEDULE OF EFFECTS OF THE RESTATEMENT TO AMOUNTS IN THE PREVIOUSLY REPORTED CONSOLIDATED FINANCIAL STATEMENTS

The following tables present the effects of the correction of the prior period error to the condensed consolidated statement of operations and comprehensive loss (in thousands, except for per share data):

 SCHEDULE OF EFFECTS OF THE RESTATEMENT TO AMOUNTS IN THE PREVIOUSLY REPORTED CONSOLIDATED FINANCIAL STATEMENTS

		For the three months ended March 31, 2022
Condensed Consolidated Statement of Operations and Comprehensive Loss		As Reported				Adjustment				As Revised
Change in fair value of warrant liabilities		$	—			$	(1,253	)		$	(1,253	)
Net Loss		$	(20,791	)		$	(1,253	)		$	(22,044	)
Basic and diluted loss per common share		$	(3.59	)		$	(0.21	)		$	(3.80	)
Comprehensive loss		$	(20,794	)		$	(1,253	)		$	(22,047	)

The following tables present the effects of the correction of the prior period error to the condensed consolidated cash flow statement (in thousands):

		For the three months ended March 31, 2022
Condensed Consolidated Cash Flow Statement		As Reported				Adjustment				As Revised
Net Loss		$	(20,791	)		$	(1,253	)		$	(22,044	)
Adjustments to reconcile net loss to cash used in operating activities:
Change in fair value of warrant liabilities		$	—			$	(1,253	)		$	(1,253	)
Net cash provided by operating activities		$	(13,687	)		$	—			$	(13,687	)

The following tables present the effects of the correction of the prior period error to the condensed consolidated statement of stockholders’ equity (in thousands):

		As of March 31, 2022
Condensed Consolidated Statement of Stockholders’ Equity		As Reported				Adjustment				As Revised
Additional paid-in capital, December 31, 2021		$	705,570			$	(9,007	)		$	696,563
Total stockholders’ equity, December 31, 2021		$	51,375			$	(9,007	)		$	42,368
Net Loss		$	(20,791	)		$	(1,253	)		$	(22,044	)
Additional paid-in capital, March 31, 2022		$	706,433			$	(9,007	)		$	697,426
Total stockholders’ equity, March 31, 2022		$	31,443			$	(10,260	)		$	21,183

SCHEDULE OF ANTI-DILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE

SCHEDULE OF ANTI-DILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE 

		For the three months ended March 31,
		2023				2022
Stock options			234,697				284,072
Restricted stock			929,946				77,945
Warrants			9,397,879				1,788,000
Total			10,562,522				2,150,017

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Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

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Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made.

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