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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2024
Income Taxes [Abstract]  
Schedule of Income / (Loss) Before Provision

The components of income / (loss) before provision for / (benefit from) income taxes are:

 

   Years ended December 31, 
   2024   2023 
Domestic  $(7,232)  $(11,770)
Foreign   
-
    64 
Loss before Income taxes  $(7,232)  $(11,706)
Schedule of Effective Income Tax Rate

A reconciliation of the Company’s effective income tax rate to the U.S. statutory federal income tax rate of 21% for the years ended December 31, 2024 and 2023 is as follows:

 

   Years ended December 31, 
   2024   2023 
Net loss before tax  $(7,232)  $(11,706)
Statutory U.S. federal tax rate   21%   21%
Tax computed at federal statutory rate   (1,519)   (2,458)
State income taxes, net of federal benefit and tax credits   (606)   (825)
Federal research and development credit   (290)   (297)
Permanent differences   (98)   40 
Change in valuation allowance   2,513    3,540 
Income tax expense  $
-
   $
-
 
Schedule of Net Deferred Tax Assets and Liabilities

Significant components of the Company’s net deferred tax assets and liabilities as of December 31, 2024 and 2023 are as follows:

 

   Years ended December 31, 
   2024   2023
(As Restated)
 
Deferred tax assets:        
Operating loss carryforwards  $23,229   $21,135 
Tax credits   2,478    2,054 
Stock-based compensation   2,691    2,154 
Capitalized research expenses   2,547    3,183 
Depreciation and amortization   1,823    539 
Lease liability   124    279 
Accrued expenses   314    333 
Other   181    
-
 
Deferred tax assets   33,387    29,677 
Less: Valuation allowance   (33,274)   (29,414)
Total deferred tax assets  $113   $263 
           
Deferred tax liabilities:          
Right-of-use asset  $(113)  $(263)
Net deferred income taxes  $
-
   $
-