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FINANCIAL INSTRUMENTS (Tables) | 12 Months Ended
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Dec. 31, 2025
FINANCIAL INSTRUMENTS [Abstract] |
Short Term Investments | The following table shows the Company’s short-term investments by significant investment category as of December 31, 2025 and 2024.
| As of December 31, 2025
|  | Adjusted |  |  |  | Unrealized |  |  |  | Unrealized |  |  |  | Market |
|  | Cost |  |  |  | Gains |  |  |  | Losses |  |  |  | Value |
Level 1: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Money Market Funds | $ | 639 |  |  | $ | - |  |  | $ | - |  |  | $ | 639 |
Total Financial Assets | $ | 639 |  |  | $ | - |  |  | $ | - |  |  | $ | 639 |
| As of December 31, 2024
|  | Adjusted |  |  |  | Unrealized |  |  |  | Unrealized |  |  |  | Market |
|  | Cost |  |  |  | Gains |  |  |  | Losses |  |  |  | Value |
Level 1: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Money Market Funds | $ | 631 |  |  | $ | - |  |  | $ | - |  |  | $ | 631 |
Total Financial Assets | $ | 631 |  |  | $ | - |  |  | $ | - |  |  | $ | 631 |
Fair Value of Warrant Liabilities | The following table presents the fair value in the beginning of the period, the changes in the fair value, and the fair value at the end of the period of warrant liabilities:
Level 3: |  | December 31, 2025 |  |  |  | December 31, 2024 |
Fair value at inceptions for December 31, 2024 or the beginning of the period for December 31, 2025 | $ | (10,131 | ) |  | $ | (19,703 | )
Warrants issued with Private Placement |  | (5,178 | ) |  |  | - |
Change in fair value of warrant liabilities |  | 3,158 |  |  |  | 9,572 |
Reclassification of warrant liabilities to equity |  | 12,151 |  |  |  | - |
Fair value as of period end | $ | - |  |  | $ | (10,131 | )
Black Scholes Option Pricing Model of Warrant Liabilities |
MONTE CARLO SIMULATION MODEL - SERIES A WARRANTS |
|  | As of |
|  | June 30, 2025 |
|  | Reclassification Date |
Expected stock price volatility |  | 86 | %
Risk-free interest rate |  | 3.73 | %
Dividends yield |  | 0 | %
Terms (years) |  | 4.5 |
Strike Price | $ | 1.45 |
Stock Price | $ | 1.56 |
Fair Value Per Warrant Share | $ | 1.235 |
MONTE CARLO SIMULATION MODEL - FEBRUARY 2025 WARRANTS |
|  | As of |
|  | June 30, 2025 |
|  | Reclassification Date |
Expected stock price volatility |  | 89 | %
Risk-free interest rate |  | 3.77 | %
Dividends yield |  | 0 | %
Terms (years) |  | 5.15 |
Strike Price | $ | 1.80 |
Stock Price | $ | 1.56 |
Fair Value Per Warrant Share | $ | 1.132 |
|  | As of |
|  | December 31, 2024 |
Expected stock price volatility |  | 88 | %
Risk-free interest rate |  | 4.25 | %
Dividends yield |  | 0 | %
Weighted average expected life of warrants (years) |  | 3.5 |
Weighted average exercise price | $ | 1.45 |

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- Definition Tabular disclosure of financial instrument measured at fair value on recurring or nonrecurring basis. Includes, but is not limited to, instrument classified in shareholders' equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 100 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-100 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-3 + Details
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- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 103 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-103 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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- Definition Tabular disclosure of liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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