LEASES (Tables)

6 Months Ended

Jun. 30, 2024

Leases

SCHEDULE OF OPERATING LEASE COST

The components of lease expense and other lease information as of and during the six-month periods ended June 30, 2024 and 2023 are as follows:

	For the Six- Month Period		For the Six- Month Period
(in thousands)	Ended June 30, 2024		Ended June 30, 2023
Operating Lease Cost (1)	$	53	$	50
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	53	$	50

(1) Includes short-term leases

SCHEDULE OF OPERATING LEASE OBLIGATIONS

(in thousands)	At June 30, 2024			At December 31, 2023
Operating lease right-of-use assets	$	124		$	9
Operating lease liabilities	$	124		$	9
Weighted-average remaining lease term - operating leases		2.13 years			0.39 years
Weighted-average discount rate - operating leases		9.25	%		7.13%

SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS

Future minimum lease payments under non-cancellable leases as of June 30, 2024 and December 31, 2023, reconciled to our discounted operating lease liability presented on the consolidated balance sheet are as follows:

(in thousands)	At June 30, 2024			At December 31, 2023
Remainder of 2024	$	53		$	9
2025		39			-
2026		39			-
Thereafter		6			-
Total future minimum lease payments	$	137		$	9
Less imputed interest		(13	)		-
Total operating lease liability	$	124		$	9