v3.26.1
LEASES (Tables)
12 Months Ended
Dec. 31, 2025
Leases  
SCHEDULE OF OPERATING LEASE COST

The components of lease expense and other lease information as of and during the years ended December 31, 2025 and 2024 are as follows:

 

(in thousands)  2025   2024 
   Year Ended December 31, 
(in thousands)  2025   2024 
Operating Lease Cost (1)  $114   $107 
           
Cash paid for amounts included in the measurement of lease liabilities          
Operating cash flows from operating leases  $114   $107 

 

(1) Includes short-term leases
SCHEDULE OF OTHER LEASE INFORMATION

(in thousands)  2025   2024 
   At December 31, 
(in thousands)  2025   2024 
Operating lease right-of-use assets  $43   $148 
           
Operating lease liabilities  $43   $148 
           
Weighted-average remaining lease term - operating leases   0.75 years     1.18 years  
           
Weighted-average discount rate - operating leases   9.5%   9.03%
SCHEDULE OF FUTURE MINIMUM LEASE PAYMENT

Future minimum lease payments under non-cancellable leases as of December 31, 2025 and 2024, reconciled to our discounted operating lease liability presented on the consolidated balance sheets are as follows:

 

(in thousands)  2025   2024 
   At December 31, 
(in thousands)  2025   2024 
2025  $-   $114 
2026  $39   $39 
thereafter  $6   $6 
Total future minimum lease payments  $45   $159 
           
Less imputed interest  (2)   (11)
Total operating lease liabilities  $43   $148