LEASES (Tables)

6 Months Ended

Jun. 30, 2023

Leases

SCHEDULE OF OPERATING AND FINANCE LEASE ASSET AND LIABILITY

The following table discloses the operating asset and liability balances at June 30, 2023 and 2022:

		As of
			June 30, 2023		December 31, 2022
Leases	Classification
Assets
Total operating leased assets, net	Operating lease right-of-use assets (1)	$	2,103	$	234
Liabilities
Current	Operating lease liabilities	$	409	$	195
Non-current	Operating lease liabilities – non-current		1,725		—
Total lease liabilities		$	2,133	$	195

⁽¹⁾ Operating lease right-of-use assets are recorded, net of accumulated amortization of $1,291 and $1,033, at June 30, 2023 and December 31, 2022, respectively. Balances do not include certain right-of-use or lease liabilities related to premises that have not yet been obtained by the Company in accordance with its lease agreements.

SCHEDULE OF FUTURE MINIMUM MATURITIES OF OPERATING LEASE LIABILITIES

Maturities of lease liabilities, including reconciliation to the lease liabilities, based on required contractual payments, are as follows:

		Operating Leases
Remainder of 2023	$	292
2024		524
2025		524
2026		524
2027		524
Thereafter		246
Total lease payments		2,634
Less: future interest costs		501
Present value of lease liabilities	$	2,133

SCHEDULE OF FINANCE AND OPERATING RELATED TO LEASES

Other information related to leases as of and for the six months ended June 30, 2023 and 2022 was as follows:

	Six Months Ended June 30,
	2023			2022
Operating lease weighted-average remaining lease term (years)		4.9			1.1
Operating lease weighted-average discount rate		8.9	%		4.8	%
Cash paid for the amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	215		$	272