v3.25.2
STOCK-BASED COMPENSATION (Tables)
 6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-based Compensation Expense
The Company recorded stock-based compensation related to equity-based awards issued under the A&R 2018 Plan in the following expense categories of its accompanying consolidated statements of operations for the three and six months ended June 30, 2025 and 2024:
For the Three Months Ended
June 30,		For the Six Months Ended
June 30,
2025202420252024
Research and development$—$—$25$—
General and administrative413723674
Total$41$37$261$74
Schedule of Activity of Stock Options Granted
The table below represents the activity of stock options granted to employees and non-employees for the six months ended June 30, 2025:
Number of optionsWeighted-average exercise priceWeighted-average remaining contractual term (years)
Outstanding at December 31, 2024142$4,376.92 8.63
Granted21,128$11.66
Exercised——
Forfeited/cancelled——
Outstanding at June 30, 202521,270$40.809.56
Exercisable at June 30, 202521,208 $30.839.56
Vested and expected to vest at June 30, 202521,270$40.809.56
Schedule of Valuation Assumptions The Black-Scholes option-pricing model was used to estimate the grant date fair value of each stock option grant at the time of grant using the following weighted-average assumptions:
For the Six Months Ended June 30, 2025
Volatility110.94 %
Expected term in years5.00
Dividend rate0.00 %
Risk-free interest rate4.45 %
Fair value of option on grant date$9.43