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Warrant Liability (Tables)
12 Months Ended
Dec. 31, 2023
Short-Term Debt [Line Items]  
Schedule of Derivative Liability Transactions

 

  

December 31, 2023

  

December 31, 2022

 
   Year Ending 
  

December 31, 2023

  

December 31, 2022

 
         
Beginning balance  $19   $138 
Fair value upon issuance of warrants  5,830    
Change in fair value  (4,797)  (119)
Ending balance  $1,052   $19 
2023 Warrants [Member]  
Short-Term Debt [Line Items]  
Schedule of Derivative Liabilities Assumptions

The warrant liabilities for the Common Warrants and the Placement Agents Warrants were valued using a Binomial pricing model with the following weighted average assumptions:

 

  December 31, 2023   At Inception 
Stock price  $7.80   $36.00 
Risk-free interest rate   4.26%   3.60%
Expected volatility   115.2%   121.5%
Expected life (in years)   4.04.5    5.0 
Expected dividend yield   -    - 
Fair value of warrants (in thousands)  $1,050   $5,830 
2020 Warrants [Member]  
Short-Term Debt [Line Items]  
Schedule of Derivative Liabilities Assumptions

The warrant liabilities were valued using a Binomial pricing model with the following average assumptions:

 

   December 31, 2023   December 31, 2022 
Stock price  $7.80   $36.00 
Risk-free interest rate   4.54%   4.22%
Expected volatility   89%   109%
Expected life (in years)   1.6    2.6 
Expected dividend yield   -    - 
Fair value of warrants  $2,000   $19,000