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NET LOSS PER COMMON SHARE (Tables)
 9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
SCHEDULE OF COMPUTATION OF NET LOSS PER COMMON SHARE

The following table sets forth the computation of basic and diluted earnings per share for the three and nine months ended September 30, 2024 and 2023 (in thousands except share and per share amounts):

 

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Net loss

 

$

(13,783

)

 

$

(10,053

)

 

$

(30,679

)

 

$

(36,582

)

Weighted average number of common shares-basic

 

 

12,014,700

 

 

 

4,423,617

 

 

 

10,490,981

 

 

 

4,295,178

 

Net loss per share of common stock-basic

 

$

(1.15

)

 

$

(2.27

)

 

$

(2.92

)

 

$

(8.52

)