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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2023
Income Tax Disclosure [Abstract] |
SCHEDULE OF NET DEFERRED TAX ASSETS AND LIABILITIES | The Company’s net deferred tax assets, liabilities and valuation allowance as of December 31, 2023 and 2022 are summarized as follows: SCHEDULE OF NET DEFERRED TAX ASSETS AND LIABILITIES
|  | 2023 |  |  | 2022 |
|  | December 31, |
|  | 2023 |  |  | 2022 |
Deferred Tax Assets: |  |  |  |  |  |  |  |
Net operating loss carryforwards |  | $ | 14,311,000 |  |  | $ | 13,200,000 |
Stock-based compensation |  |  | 15,788,000 |  |  |  | 13,810,000 |
Research and development costs |  |  | 1,676,000 |  |  |  | 655,000 |
Research and development credits |  |  | 330,000 |  |  |  | 330,000 |
Right-of-use assets |  |  | 25,000 |  |  |  | - |
Other |  |  | 4,000 |  |  |  | - |
Total Deferred Tax Assets |  |  | 32,134,000 |  |  |  | 27,995,000 |
Deferred Tax Liabilities: |  |  |  |  |  |  |  |
Depreciation |  |  | (122,000 | ) |  |  | (106,000 | )
Intangible assets |  |  | (47,000 | ) |  |  | (113,000 | )
Lease liability |  |  | (39,000 | ) |  |  | - |
Other |  |  | (86,000 | ) |  |  | - |
Total Deferred Tax Liabilities |  |  | (294,000 | ) |  |  | (219,000 | )
Net Deferred Tax Asset |  |  | 31,840,000 |  |  |  | 27,776,000 |
Less: valuation allowance |  |  | (31,840,000 | ) |  |  | (27,776,000 | )
Deferred Tax Asset, Net of Valuation Allowance |  | $ | - |  |  | $ | - |
Change in valuation allowance |  | $ | (4,064,000 | ) |  | $ | (5,822,000 | )
SCHEDULE OF INCOME TAX PROVISION (BENEFIT) | The income tax provision (benefit) as of December 31, 2023 and 2022 consists of the following: SCHEDULE OF INCOME TAX PROVISION (BENEFIT)
|  | 2023 |  |  | 2022 |
|  | December 31, |
|  | 2023 |  |  | 2022 |
|  | (As Restated) |  |  | (As Restated) |
Federal: |  |  |  |  |  |  |  |
Current |  | $ | - |  |  | $ | - |
Deferred |  |  | (3,090,000 | ) |  |  | (4,351,000 | )
State & Local: |  |  |  |  |  |  |  |
Current |  |  | - |  |  |  | - |
Deferred |  |  | (974,000 | ) |  |  | (1,471,000 | )
Income tax provision (benefit), gross |  |  | (4,064,000 | ) |  |  | (5,822,000 | )
Change in valuation allowance |  |  | 4,064,000 |  |  |  | 5,822,000 |
Income tax provision (benefit) |  | $ | - |  |  | $ | - |
SCHEDULE OF STATUTORY FEDERAL INCOME TAX RATE | A reconciliation of the statutory federal income tax benefit to actual tax benefit for the years ended December 31, 2023 and 2022 is as follows: SCHEDULE OF STATUTORY FEDERAL INCOME TAX RATE
|  | December 31, |
|  | 2023 |  |  | 2022 |
|  | (As Restated) |  |  | (As Restated) |
Federal statutory rate |  |  | 21.0 | % |  |  | 21.0 | %
State rate, net of federal benefit |  |  | 1.7 | % |  |  | 7.8 | %
Permanent differences |  |  | 7.2 | % |  |  | 7.8 | %
Tax return to provision adjustment |  |  | -0.2 | % |  |  | 7.3 | %
Change in valuation allowance |  |  | -29.7 | % |  |  | -44.0 | %
Effective tax rate |  |  | 0.0 | % |  |  | 0.0 | %

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 9 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-9 + Details
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