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INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

SCHEDULE OF DOMESTIC AND FOREIGN COMPONENTS

The following table presents domestic and foreign components of consolidated loss before income taxes for the periods presented:

 SCHEDULE OF DOMESTIC AND FOREIGN COMPONENTS

		December 31, 2022				December 31, 2021
Domestic		$	(15,954,750	)		$	(17,891,710	)
Foreign			(5,344,967	)			—
Loss before provision for income taxes		$	(21,299,717	)		$	(17,891,710	)

SCHEDULE OF RECONCILIATIONS OF STATUTORY INCOME TAX RATE

A reconciliation of the statutory income tax rates and the Company’s effective tax rate is as follows:

 SCHEDULE OF RECONCILIATIONS OF STATUTORY INCOME TAX RATE

		December 31, 2022				December 31, 2021
Statutory federal income tax rate			21.00	%			21.00	%
State taxes, net of federal tax benefit			5.46	%			6.63	%
Non-deductible expenses			-1.36	%			-1.19	%
NOL expiration			-12.96	%			-2.71	%
Tax credit			2.42	%			0.86	%
Goodwill impairment			-4.50	%			0.00	%
Foreign rate differential			0.50	%			0.00	%
Change in FV of warrant liability			0.89	%			5.54	%
True-up			1.47	%			-2.72	%
Change in valuation allowance			-11.68	%			-27.44	%
Income taxes provision (benefit)			1.24	%			-0.03	%

SCHEDULE OF PROVISION FOR INCOME TAXES

Income tax expense for the year ended December 31, 2022 and 2021 consisted of the following:

 SCHEDULE OF PROVISION FOR INCOME TAXES

		December 31, 2022				December 31, 2021
		For the Years Ended
		December 31, 2022				December 31, 2021
Current
US Federal		$	—			$	—
US State			7,000				5,000
Foreign			—				—
Total current provision			7,000				5,000
Deferred
US Federal			(236,000	)			(1,268,000	)
US State			(2,252,000	)			(3,641,000	)
Foreign			(272,000	)			—
Total deferred benefit			(2,760,000	)			(4,909,000	)
Change in valuation allowance			2,488,000				4,909,000
Total provision (benefit) for income taxes		$	(265,000	)		$	5,000

SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES

The components of deferred tax assets and liabilities are as follows:

 SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES

		December 31, 2022				December 31, 2021
Deferred tax assets:
Net operating loss		$	33,540,000			$	33,362,000
Research and development credits			7,857,000				6,185,000
Accrued expenses			1,020,000				757,000
Patent			—				262,000
Stock compensation			3,069,000				2,747,000
Research and development expenses			1,196,000				—
Fixed assets			280,000				282,000
Total deferred income tax assets			46,962,000				43,595,000
Deferred tax liabilities:
Intangible assets			(1,324,000	)			(34,000	)
Right-of-use asset			(382,000	)			(436,000	)
Total deferred income tax liabilities			(1,706,000	)			(470,000	)
Net deferred income tax assets			45,256,000				43,125,000
Valuation allowance			(45,614,000	)			(43,125,000	)
Deferred tax asset, net of allowance		$	(358,000	)		$	—

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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.

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-Name Accounting Standards Codification
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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
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