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SHARE-BASED COMPENSATION (Tables) | 12 Months Ended
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Dec. 31, 2023
Share-Based Payment Arrangement [Abstract] |
Schedule of Share-based Compensation Awards Granted for Options and RSUs During the Period | In the years ended December 31, 2023 and 2022, the Company granted options and RSUs to employees and directors as follows:
| Year ended December 31, 2023
| Award amount |  | Exercise price range |  | Vesting period |  | Expiration
Options | 535,000 |  |  | $2.70 |  | 1 year - 4 years |  | 10 years
RSUs | 435,000 |  |  | — |  |  | 4 years |  | — |
| Year ended December 31, 2022
| Award amount |  | Exercise price range |  | Vesting period |  | Expiration
Options | 48,861 |  |  | $5.62- $10.98 |  | 1 year - 4 years |  | 10 years
RSUs | 40,339 |  |  | — |  |  | 4 years |  | — |
Summary of Underlying Data Used for Computing the Fair Value of the Options | The underlying data used for computing the fair value of the options are as follows:
| Year ended December 31,
| 2023 |  | 2022
Fair value of stock option | $2.18 - $2.23 |  | $3.55 - $7.49
Dividend yield | 0 | % |  | 0 | %
Expected volatility | 104.42% - 105.64% |  | 73.70% - 74.40%
Risk-free interest rate | 4.04% |  | 2.20% - 2.92%
Expected term | 6 years |  | 6 years
Summary of Stock Option Activity | The following table summarizes stock option activity for the year ended December 31, 2023:
| Number of options |  | Weighted Average Exercise Price |  |  |  |
Outstanding at December 31, 2022 | 229,787 |  |  | $ | 138.92 |  |  |  |  |
Granted | 535,000 |  |  | 2.70 |  |  |  |  |
Forfeited | (4,127) |  |  | 72.81 |  |  |  |  |
Expired | (16,123) |  |  | 173.42 |  |  |  |  |
Outstanding at December 31, 2023 | 744,537 |  |  | $ | 40.65 |  |  |  |  |
Exercisable at December 31, 2023 | 176,688 |  |  | $ | 151.47 |  |  |  |  |
Summary of RSUs Activity | The following table summarizes RSU activity for the year ended December 31, 2023:
| Number of RSUs |  | Weighted Average Grant Date Fair Value |  |
Outstanding at December 31, 2022 | 83,616 |  |  | $ | 43.30 |  |  |
Awarded | 435,000 |  |  | 2.70 |  |  |
Vested | (53,845) |  |  | 42.79 |  |  |
Forfeited | (3,792) |  |  | 49.88 |  |  |
Outstanding at December 31, 2023 | 460,979 |  |  | $ | 4.99 |  |  |
Schedule of Share-based Payment Arrangement, Expensed and Capitalized, Amount | The following table illustrates the allocation of share-based compensation within the line items on the statements of operations:
| Year ended December 31,
| 2023 |  | 2022
Research and development expenses | 534 |  |  | 1,230 |
General and administrative expenses | 2,771 |  |  | 3,419 |
Discontinued Operations* | — |  |  | (352) |
| 3,305 |  |  | 4,297 |
*Income from stock-based compensation is related to forfeitures. |  |  |

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