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COMMON STOCK AND WARRANTS WITH-DOWN ROUND PROTECTION (Tables) | 12 Months Ended
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Dec. 31, 2023
Equity [Abstract] |
SCHEDULE OF SHARE OPTION ACTIVITY FOR EMPLOYEES AND MEMBERS | SCHEDULE OF SHARE OPTION ACTIVITY FOR EMPLOYEES AND MEMBERS
|  | Number of Share Options |  |  | Weighted Average Exercise Price |  |  | Weighted average remaining contractual life |  |  | Intrinsic value |
|  |  |  |  | $ |  |  | (years) |  |  | $ |
Outstanding as of December 31, 2021 |  |  | 620,053 |  |  |  | 8.0 |  |  |  | 3.0 |  |  |  | - |
Granted |  |  | 115,857 |  |  |  | 5.2 |  |  |  | 2.7 |  |  |  | - |
Forfeited or expired |  |  | (26,923 | ) |  |  | 64.5 |  |  |  | 1.7 |  |  |  | - |
Outstanding as of December 31, 2022 |  |  | 735,910 |  |  |  | 7.6 |  |  |  | 2.1 |  |  |  | - |
Exercisable as of December 31, 2022 |  |  | 245,535 |  |  |  | 12.4 |  |  |  | 2.6 |  |  |  | - |
|  | Number of Share Options |  |  | Weighted Average Exercise Price |  |  | Weighted average remaining contractual life |  |  | Intrinsic value |
|  |  |  |  | $ |  |  | (years) |  |  | $ |
Outstanding as of December 31, 2022 |  |  | 735,910 |  |  |  | 7.6 |  |  |  | 2.1 |  |  |  | - |
Granted |  |  | 222,016 |  |  |  | 1.4 |  |  |  | 9.7 |  |  |  | - |
Forfeited or expired |  |  | (26,923 | ) |  |  | 64.5 |  |  |  | 1.7 |  |  |  | - |
Outstanding as of December 31, 2023 |  |  | 931,003 |  |  |  | 4.5 |  |  |  | 8.0 |  |  |  | - |
Exercisable as of December 31, 2023 |  |  | 500,984 |  |  |  | 5.6 |  |  |  | 7.9 |  |  |  | - |
SCHEDULE OF ASSUMPTIONS USED TO VALUE OPTIONS | SCHEDULE OF ASSUMPTIONS USED TO VALUE OPTIONS
|  | Years ended December 31 |
|  | 2023 |  |  | 2022 |
Volatility (%) |  |  | 220 | % |  |  | 72.15 | %
Risk-free interest rate (%) |  |  | 4.7 | % |  |  | 2.5 | %
Dividend yield (%) |  |  | - |  |  |  | - |
Expected life (years) |  |  | 3 |  |  |  | 3 |
Exercise price ($) |  |  | 1.4 |  |  |  | 5.2 |
Share price ($) |  |  | 0.3 |  |  |  | 1.9 |
SCHEDULE OF TOTAL COMPENSATION COST EQUITY BASED AWARDS | SCHEDULE OF TOTAL COMPENSATION COST EQUITY BASED AWARDS
Research and Development |  | December 31, 2023 |  |  | December 31, 2022 |
|  | In thousands of US dollars |
|  | December 31, 2023 |  |  | December 31, 2022 |
Research and development |  |  | 176 |  |  |  | 92 |
General and administrative |  |  | 159 |  |  |  | 395 |
Total compensation cost |  |  | 335 |  |  |  | 487 |

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- Definition Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
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