v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 3 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
SCHEDULE OF ACCOUNTS RECEIVABLE

Accounts receivable, net comprises the following categories (in thousands):

 

   March 31, 2026   December 31, 2025 
         
Product sales  $6,200   $3,147 
License revenues   —    3,000 
Total accounts receivable, net  $6,200   $6,147 
SCHEDULE OF ACCOUNTS RECEIVABLE, NET FROM CUSTOMERS

Accounts receivable, net from the Company’s customers who individually accounted for 10% or more of accounts receivable, net consisted of the following:

 

   March 31, 2026   December 31, 2025 
         
Customer 1   100%   —%
Customer 2   —%   51.2%
Customer 3   —%   48.8%
SCHEDULE OF ANTI-DILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE

The following table sets forth the potential securities that could potentially dilute basic loss per share in the future that were not included in the computation of diluted net loss per share because to do so would have been anti-dilutive for the periods presented:

 

   2026   2025 
   For the three months ended March 31, 
   2026   2025 
         
Shares of common stock issuable upon exercise of stock options   174,820    176,179 
Shares of common stock underlying restricted stock   5,090,725    5,250,307 
Shares of common stock issuable upon exercise of conversion feature of loan agreement   614,251    614,251 
Shares of common stock issuable upon exercise of warrants   8,139,734    9,987,560 
Total   14,019,530    16,028,297