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STOCK-BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2024
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
SCHEDULE OF STOCK BASED COMPENSATION

The following table summarizes stock-based compensation (in thousands):

 

   2024   2023 
   For the year ended December 31, 
   2024   2023 
         
Research and development  $1,561   $1,085 
General and administrative   5,067    3,683 
Total stock-based compensation expense  $6,628   $4,768 
SCHEDULE OF STOCK OPTION ACTIVITY

The following table summarizes stock option activity during the year ended December 31, 2024 and 2023.

 

   Number of
Options		   Weighted
Average
Exercise Price		   Weighted
Average
Remaining
Contractual
Term (years)		   Aggregate
Intrinsic Value
(in thousands)		 
                 
Outstanding at December 31, 2022   240,770   $37.04    6.42   $— 
Granted   —   $—    —   $— 
Cancelled/forfeited   (61,769)  $32.59    —   $— 
Exercised   —   $—    —   $— 
Outstanding at December 31, 2023   179,001   $38.58    6.83   $3 
Granted   —   $—    —   $— 
Cancelled/forfeited   (2,414)  $33.84    —   $— 
Exercised   —   $—    —   $— 
Outstanding at December 31, 2024   176,587   $38.64    5.83   $6 
Exercisable   163,386   $39.07    5.77   $4 
Unvested   13,201   $33.29    6.65   $2 
SCHEDULE OF RESTRICTED STOCK AWARD ACTIVITY

The following table summarizes restricted stock award activity:

 

   Number of
Awards		   Weighted Average
Grant Date Fair
Value Per Unit		 
         
Outstanding at December 31, 2022   816,958   $5.35 
Granted   1,958,159   $3.99 
Cancelled/forfeited   (56,398)  $4.32 
Vested   (270,550)  $5.59 
Outstanding at December 31, 2023   2,448,169   $4.25 
Granted   2,065,054   $4.95 
Cancelled/forfeited   (183,114)  $3.78 
Vested   (1,009,298)  $4.64 
Outstanding at December 31, 2024   3,320,811   $4.60 
2015 Equity Incentive Plan [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
SCHEDULE OF OPTIONS OUTSTANDING AND EXERCISABLE

As of December 31, 2024, there are no options outstanding under the 2005 Incentive Plan. Further information regarding options outstanding under the 2015 Incentive Plan as of December 31, 2024 is summarized below:

 

            Weighted-Average       Weighted-Average 
Range of
Exercise Prices		   Number of
Options
Outstanding		   Remaining
Life In
Years		   Exercise
Price		   Number of
Options
Exercisable		   Remaining
Life in
Years		   Exercise
Price		 
                              
$4.00   $22.75    20,088    7.0   $16.52    15,154    6.9   $17.16 
 25.50    47.00    104,279    5.5    33.52    99,263    5.4    33.38 
 54.50    58.50    52,020    6.2    56.96    48,769    6.2    56.96 
 164.75    183.50    200    4.1    164.75    200    4.1    164.75 
           176,587              163,386