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STOCKHOLDERS’ EQUITY (Tables)

12 Months Ended

Dec. 31, 2024

Equity [Abstract]

Schedule of Stock Option Valuation Assumptions for Equity Awards and Liability Awards

The fair value of the Company’s stock options granted in 2024 that are being classified as equity awards were estimated using the Black-Scholes option pricing model with the following assumptions and weighted average fair values:

			Year Ended December 31, 2024
Valuation assumptions:
Grant price			$1.78 – $3.40
Exercise price			$1.78 – $3.40
Expected dividend yield			0		%
Expected volatility			70.68% – 85.82%
Expected life (in years)			3.37 – 4.37
Risk-free interest rate			3.70% – 4.40%

Schedule of Stock Option Activity

Stock option activity during the periods indicated below was as follows:

			Number of Shares Subject to Issuance						Weighted- average Exercise Price						Weighted- average Remaining Contractual Term						Aggregate Intrinsic Value
Outstanding at December 31, 2022			1,120,244						$	3.68					3.50 years						$	84
Granted			627,507						2.91
Forfeited			(595,037)						4.05
Outstanding at December 31, 2023			1,152,714						$	3.07					3.18 years						$	38
Granted			650,978						2.00
Forfeited			(472,713)						2.42
Exercised			(179,875)						1.72
Outstanding at December 31, 2024			1,151,104						$	2.94					3.88 years						$	536
Exercisable at December 31, 2024			434,877						$	4.07					2.64 years						$	115

Summary of Stock Options

The following is a summary of stock options as of December 31, 2024:

						Options Outstanding																		Options Exercisable
Range of Exercise Prices						Number of Options						Weighted- average Remaining Life						Weighted- average Exercise Price						Number of Options						Weighted- average Exercise Price
$1.81 to $2.52						726,877						4.82 years						$	2.09					189,208						$	2.03
$2.53 to $11.50						424,227						2.74 years						$	4.39					245,669						$	5.46
						1,151,104						3.98 years						$	2.94					434,877						$	3.97

Schedule of Restricted Stock Unit Activity

Restricted stock unit activity during the periods indicated below is as follows:

			Number of Shares						Weighted Average Grant Date Fair Value
Outstanding at December 31, 2022			214,892						$	8.43
Granted			249,412						2.34
Forfeited			(70,959)						10.04
Vested and Settled in shares			(332,845)						4.29
Outstanding at December 31, 2023			60,500						$	4.23
Granted			223,485						4.23
Forfeited			—						N/A
Vested and Settled in shares			(246,028)						2.80
Outstanding December 31, 2024			37,957						$	2.51

Schedule of Performance Stock Unit Activity

			Number of Shares						Weighted Average Grant Date Fair Value
Outstanding at December 31, 2022			177,688						$	7.91
Forfeited			(88,844)						7.91
Vested and Settled in shares			(88,844)						$	7.91
Outstanding at December 31, 2023			—						$	—
Forfeited			—						—
Vested and Settled in shares			—						—
Outstanding at December 31, 2024			—						$	—

Schedule of Stock-based Compensation Expense

Stock-based compensation expense for the years ended December 31, 2024 and 2023 is as follows:

			Years Ended December 31,
			2024						2023
Stock options			$	467					$	666
Restricted stock units			409						930
Performance stock units			—						—
			$	876					$	1,596

Schedule of Stock-based Compensation Included in Operating Expenses

Stock-based compensation is included in operating expenses as follows:

			Years Ended December 31,
			2024						2023
Selling, general and administrative			$	821					$	1,358
Research and development			55						238
			$	876					$	1,596

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Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms.

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