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STOCK-BASED COMPENSATION (Tables) | 9 Months Ended
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Sep. 30, 2024
Share-Based Payment Arrangement [Abstract] |
SCHEDULE OF RESTRICTED STOCK AND RSU ACTIVITY | Restricted Stock and RSU activity was as follows: SCHEDULE OF RESTRICTED STOCK AND RSU ACTIVITY
|  | Service-Based Restricted Stock and RSUs |  |  | Performance-Based RSUs |
|  | Shares |  |  | Weighted average grant-date fair value |  |  | Shares |  |  | Weighted average grant-date fair value |
Nonvested as of January 1, 2024 |  |  | — |  |  | $ | — |  |  |  | 10,900,128 |  |  | $ | 2.97 |
Granted |  |  | 20,239,804 |  |  |  | 4.33 |  |  |  | — |  |  |  | — |
Vested |  |  | (12,000 | ) |  |  | 0.59 |  |  |  | (9,178,656 | ) |  |  | 2.85 |
Forfeited |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Nonvested as of September 30, 2024 |  |  | 20,227,804 |  |  | $ | 4.33 |  |  |  | 1,721,472 |  |  | $ | 3.19 |
SCHEDULE OF STOCK-BASED COMPENSATION EXPENSE | The Company recorded stock-based compensation expense in the following expense categories in the accompanying consolidated statements of operations: SCHEDULE OF STOCK-BASED COMPENSATION EXPENSE
|  | Three months ended |  |  | Nine months ended |
|  | September 30, 2024 |  |  | September 30, 2024 |
Research and development |  | $ | 2,185,958 |  |  | $ | 24,932,798 |
General and administrative |  |  | 1,141,693 |  |  |  | 8,870,322 |
Total |  | $ | 3,327,651 |  |  | $ | 33,803,120 |

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- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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