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OPERATING LEASES (Tables)
 3 Months Ended
Mar. 31, 2025
Operating Leases  
SCHEDULE OF RENT EXPENSE AND SUPPLEMENTAL CASH FLOW INFORMATION

The components of rent expense and supplemental cash flow information related to leases for the period are as follows: 

 

   Three Months Ended
March 31, 2025		  Three Months Ended
March 31, 2024
Lease Cost (in thousands)  (Unaudited)  (Unaudited)
Operating lease cost   $325    282 
Operating lease cost (of which $43 is included in general and administration and $281 is included in cost of sales in the Company’s statement of operations for the three months ended March 31, 2025, and $37 and $245 for the same period in 2024, respectively)  $325   $282 
           
Other Information          
Weighted average remaining lease term – operating leases (in years)   2.2    2.2 
Average discount rate – operating leases   6.13%   6.13%
SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION

The supplemental balance sheet information related to leases for the period is as follows:

   

   At
March 31, 2025		  At
December 31, 2024
Operating leases (in thousands)  (Unaudited)   
Long-term right-of-use assets, net of accumulated amortization of $2,233 and $1,931, respectively  $1,343   $1,645 
           
Current portion of operating lease liabilities  $1,339   $1,382 
Noncurrent portion of operating lease liabilities   197    474 
Total operating lease liabilities  $1,536   $1,856 
SCHEDULE OF MATURITIES OF LEASE LIABILITIES

Maturities of the Company’s lease liabilities are as follows (in thousands):

   

Year Ending  Operating Leases
2025 (remaining 9 months)   1,104 
2026   496 
Total lease payments   1,600 
Less: Imputed interest/present value discount   (64)
Present value of lease liabilities  $1,536