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ASSET ACQUISITION (Tables)
 9 Months Ended
Sep. 30, 2023
ASSET ACQUISITION [Abstract]  
Fair Valuation of Assumptions The Company used a Monte Carlo simulation model to estimate the fair value of the Market Cap Contingent Consideration as of the acquisition date using the following assumptions:

Stock price
  
$
3.00
  
Risk-free rate
    
3.58
%
Volatility
    
100
%
Dividend yield
    
0
%
Expected term
  
3.0 years
  
Fair Value Measurement of Assets Acquired

The table below shows the total fair value of the consideration paid for the Exacis Assets (in thousands).
   
Fair Value of
Consideration
  
Shares issued
  
$
208
  
Contingent consideration
    
225
  
Direct costs
    
27
  
Total fair value
  
$
460