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Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Stock Based Compensation Expense

Stock based compensation has been reported within expense line items on the consolidated statement of operations for the years ended 2024 and 2023 as shown in the following table (in thousands):

 Schedule of Stock Based Compensation Expense

		2024				2023
		Year Ended
		December 31,
		2024				2023
General and administrative		$	498			$	1,039
Research and development			94				434
Stock-based compensation costs		$	592			$	1,473

Schedule of Share Option Activity

A summary of the share option activity and related information is as follows:

Schedule of Share Option Activity 

										Weighted
						Weighted				Average
		Number of				Average				Remaining				Aggregate
		Options				Exercise				Contractual				Intrinsic
		Outstanding				Price Per Share				Term (Years)				Value ($000)
Options outstanding at December 31, 2022			447			$	21,049.14				8.34			$	—
Granted			181			$	2,117.94				—			$	—
Exercised			—			$	—				—			$	—
Cancelled/forfeited			(33	)		$	79,737.60				—			$	—
Options outstanding at December 31, 2023			595			$	12,048.00				7.96			$	—
Granted			52			$	547.20				—			$	—
Cancelled/forfeited			(153	)		$	12,327.88				—			$	—
Options outstanding at December 31, 2024			494			$	10,658.14				7.20			$	—
Unvested at December 31, 2024			74			$	2,250.91				8.45			$	—
Vested and exercisable at December 31, 2024			420			$	12,141.75				6.99			$	—

Schedule of Assumptions Used for Fair Value of Stock Options Granted Using Black-Scholes Option Pricing Model

The fair value of the stock options granted is calculated using the Black-Scholes option-pricing model as prescribed by ASC 718 using the following assumptions:

 Schedule of Assumptions Used for Fair Value of Stock Options Granted Using Black-Scholes Option Pricing Model

		Year ended				Year ended
		December 31, 2024				December 31, 2023
Expected term (years)			6				5 - 6
Risk free interest rate			3.995	%			3.660%  – 4.160	%
Volatility			93	%			89% – 92	%
Expected dividend yield over expected term			0.00	%			0.00	%
Resulting weighted average grant date fair value		$	1.77			$	6.63

Schedule of Restricted Stock Units Activity

Summarized information for restricted stock units as of December 31, 2024 and 2023 is as follows:

Schedule of Restricted Stock Units Activity 

										Weighted
										Average
		Restricted								Remaining
		Stock Units								Term
Restricted Stock Units outstanding at December 31, 2022			38			$	6,768.00
Granted			106			$	2,870.40
Cancelled/forfeited			(1	)		$	3,240.00
Restricted Stock Units outstanding at December 31, 2023			143			$	3,902.40				8.96 years
Granted			52			$	547.20				9.03 years
Cancelled/forfeited			(32	)		$	3,675.17
Restricted Stock Units outstanding at December 31, 2024			164			$	2,881.62				8.30 years
Unvested at December 31, 2024			41			$	3,280.09				8.06 years
Vested at December 31, 2024			123			$	2,747.14				8.39 years

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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.

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-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
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Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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