LEASES (Tables)

3 Months Ended

Mar. 31, 2026

SCHEDULE OF SUPPLEMENTAL CASH FLOW INFORMATION RELATED TO LEASES

Supplemental cash flow information related to leases consisted of the following (in thousands):

For the three months

ending March 31,

2026

2025

Cash paid for operating lease liabilities

$

57

$

32

SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES

Supplemental balance sheet information related to leases consisted of the following:

As of

March 31, 2026

Weighted average remaining lease terms for operating leases

4.67

SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS

The table below reconciles the undiscounted future minimum lease payments under non-cancellable lease agreements having initial terms of more than one year to the total operating lease liabilities recognized on the unaudited condensed consolidated balance sheet as of March 31, 2026 (in thousands):

		Year ended March 31,
2027			218
2028			242
2029			251
2030			261
2031			179
Total undiscounted cash flows		$	1,151
Less: Imputed interest			(150	)
Present value of operating lease liabilities (a)		$	1,001

(a)

Includes current portion of $163,000 for operating leases.

SCHEDULE OF SUBLEASES

Below are the future gross payments expected to be received by the Company under the sublease (in thousands):

SCHEDULE OF SUBLEASES

		Year ended March 31,
2027			41
2028			43
2029			22
Total undiscounted cash flows		$	106