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INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

SCHEDULE OF DOMESTIC AND FOREIGN COMPONENTS

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

SCHEDULE OF DOMESTIC AND FOREIGN COMPONENTS 

		December 31, 2023				December 31, 2022
Domestic		$	(12,479,803	)		$	(13,887,914	)
Foreign			—				—
Loss before provision for income taxes		$	(12,479,803	)		$	(13,887,914	)

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, 2023				December 31, 2022
Statutory federal income tax rate			21.00	%			21.00	%
State taxes, net of federal tax benefit			1.76	%			7.50	%
Non-deductible expenses			-0.64	%			-2.09	%
NOL expiration			-5.26	%			-19.88	%
Tax credit			2.92	%			3.71	%
Goodwill impairment			0.00	%			0.00	%
Foreign rate differential			0.00	%			0.00	%
Change in fair value of warrant liability			3.35	%			0.00	%
Tax impact of convertible debenture			-5.46	%			1.37	%
Tax impact of divestiture			-229.26	%			4.01	%
True-up			-10.65	%			2.24	%
Change in valuation allowance			222.28	%			-17.91	%
Income taxes provision (benefit)			0.04	%			-0.05	%

SCHEDULE OF PROVISION FOR INCOME TAXES

Income tax expense for the year ended December 31, 2023 and 2022 consisted of the following:

 SCHEDULE OF PROVISION FOR INCOME TAXES

		December 31, 2023				December 31, 2022
		For the Years Ended
		December 31, 2023				December 31, 2022
Current
U.S. Federal		$	(10,000	)		$	—
U.S. State			5,000				7,000
Total current provision			(5,000	)			7,000
Deferred Benefit
U.S. Federal			23,128,000				(236,000	)
U.S. State			4,697,000				(2,252,000	)
Total deferred benefit			27,825,000				(2,488,000	)
Change in valuation allowance			(27,825,000	)			2,488,000
Total provision (benefit) for income taxes		$	(5,000	)		$	7,000

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, 2023				December 31, 2022
Deferred tax assets:
Net operating loss		$	8,644,000			$	32,587,000
Research and development credits			4,970,000				7,857,000
Accrued expenses			68,000				1,020,000
Patent			—				—
Stock compensation			3,004,000				3,069,000
Research and development expenses			1,102,000				1,196,000
Fixed assets			—				280,000
Total deferred income tax assets			17,788,000				46,009,000
Deferred tax liabilities:
Intangible assets			—				(13,000	)
Right-of-use asset			—				(382,000	)
Total deferred income tax liabilities			—				(395,000	)
Net deferred income tax assets			17,788,000				45,614,000
Valuation allowance			(17,788,000	)			(45,614,000	)
Deferred tax asset, net of allowance		$	—			$	—

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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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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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