INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

SCHEDULE OF COMPONENTS OF INCOME (LOSS) BEFORE INCOME TAXES

Components of income (loss) before income taxes (in thousands):

	Year Ended December 31,
	2023			2022			2021
United States	$	(86,730	)	$	(53,091	)	$	(43,200	)
Foreign		5,034			-			-
Total	$	(81,696	)	$	(53,091	)	$	(43,200	)

SCHEDULE OF COMPONENTS OF INCOME TAX EXPENSE (BENEFIT)

Components of income tax expense (benefit) (in thousands):

	Year Ended December 31,
	2023			2022		2021
Current
Federal	$	-		$	-	$	-
State		-			-		-
International		2,061			-		-
Total Current Tax Expense		2,061			-		-
Deferred
Federal		-			-		-
State		-			-		-
International		(915	)		-		-
Total Deferred Tax Expense		(915	)		-		-
Total Tax Expense	$	1,146		$	-	$	-

SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION

The effective tax rate of our provision (benefit) for income taxes differs from the Federal statutory rate as follows:

	Year Ended December 31,
	2023			2022			2021
Statutory rate		21.0	%		21.0	%		21.0	%
Permanent Items and adjustments		0.1	%		0.0	%		0.0	%
Compensation related		(0.4	)%		(0.5	)%		(8.2	)%
Share-based compensation		(1.7	)%		(2.2	)%		25.1	%
Net operating loss expiration		(6.3	)%		(9.0	)%		(16.2	)%
Tax credits		1.0	%		1.5	%		1.4	%
Change in valuation allowance		(15.0	)%		(10.8	)%		(23.1	)%
Bargain Purchase gain		0.9	%		0.0	%		0.0	%
Other		(1.0	)%		0.0	%		0.0	%
Total		(1.4	)%		0.0	%		0.0	%

SCHEDULE OF DEFERRED TAX ASSETS

Deferred tax assets are summarized as follows (in thousands):

	December 31,
Deferred tax assets	2023			2022
Reserves	$	632		$	651
Net operating loss carryforwards		97,254			92,469
R&D credit carryforwards		10,114			9,628
Depreciation/amortization deferred		26,079			19,787
Operating lease liabilities		3,878			3,292
Other		7,833			7,360
Total deferred tax assets		145,790			133,187
Deferred tax liabilities:
Operating lease right-of-use assets		(3,272	)		(3,062	)
Total deferred tax liabilities		(3,272	)		(3,062	)
Net valuation allowances		(142,376	)		(130,125	)
Deferred tax assets	$	142		$	-