Annual report [Section 13 and 15(d), not S-K Item 405]

SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.25.0.1
SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
SCHEDULE OF CASH AND CASH EQUIVALENTS

Cash, cash equivalents, and restricted cash consist of the following (in thousands):

 

 

 

December 31, 2024

 

December 31, 2023

Cash

 

 $

5,047

 

 $

4,029

Cash equivalents

 

 

12,151

 

 

9,695

Cash and cash equivalents

 

 

17,198

 

 

13,724

 

 

 

 

 

 

Restricted cash, current

 

 

285

 

 

192

Restricted cash, noncurrent

 

 

385

 

 

478

Restricted cash

 

 

670

 

 

670

Total cash, cash equivalents, and restricted cash shown in the statement of cash
   flows

 

 $

17,868

 

 $

14,394

 

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 years ended December 31, 2024 and 2023 (in thousands except share and per share amounts):

 

 

 

Year Ended
December 31,

 

 

 

2024

 

 

2023

 

Net loss

 

$

(40,209

)

 

$

(44,604

)

Weighted average number of common shares-basic and diluted

 

 

10,915,413

 

 

 

4,327,568

 

Net loss per share of common stock-basic and diluted

 

$

(3.68

)

 

$

(10.31

)

 

SCHEDULE OF DILUTED NET LOSS PER COMMON SHARE

The following common stock equivalents have been excluded from the calculation of diluted net loss per share for the periods presented because including them would have been anti-dilutive:

 

 

 

December 31,

 

 

2024

 

2023

Stock options

 

723,153

 

708,762

Unvested restricted stock units

 

259,488

 

17,911

Warrants

 

36,207

 

50,207