INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Schedule Of Components Net Loss

The components of the Company's net loss are as follows:

	December 31,
	2023	2022
United States	$(36,133,358)	$(34,842,427)
United Kingdom	(8,455,452)	(7,550,356)
Australia	(14,506)	45,880
Total	$(44,603,316)	$(42,346,903)

SCHEDULE OF COMPONENTS OF NET DEFERRED TAX ASSET

Significant components of the Company’s net deferred tax asset are as follows:

	December 31,
	2023			2022
U.S. and state net operating loss carryforwards	$	59,092,710		$	53,438,141
Foreign net operating loss carryforwards		11,558,247			7,267,176
Tax credit carryforward		9,825,596			9,132,973
Stock-based compensation		5,819,822			8,661,477
Capitalized research and development		6,367,722			3,925,743
Accrued expenses		897,354			503,124
Other temporary differences		1,376,351			1,202,364
Subtotal		94,937,802			84,130,998
Valuation allowance		(94,937,802	)		(84,130,998	)
Net deferred tax asset	$	—		$	—

SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION

Income tax benefits computed using the federal statutory income tax rate differs from the Company’s effective tax rate primarily due to the following:

	December 31,
	2023			2022
Tax provision at statutory rate		21.00	%		21.00	%
State income tax, net of federal benefit		5.94	%		5.53	%
Permanent differences		(0.28	)%		(1.72	)%
Foreign expected tax		4.46	%		4.08	%
Tax credits		2.46	%		1.87	%
Foreign income tax rate change		7.42	%		—	%
Other		(11.09	)%		(5.99	)%
Change in valuation reserve		(29.91	)%		(24.77	)%
Total		—	%		—	%