v3.26.1
LEASES (Tables)
 6 Months Ended
Jun. 30, 2026
Leases  
SCHEDULE OF LEASE COST

The following table presents the components of lease cost for the periods indicated:

SCHEDULE OF LEASE COST 

   Classification            
   Expense 

For the Three Months

Ended June 30,

  

For the Six Months

Ended June 30,

 
   Classification  2026   2025   2026   2025 
Operating lease cost  General and administrative  $12   $-   $12   $- 
Short-term lease cost  General and administrative   12    49    37    99 
Total lease cost     $24   $49   $49   $99 
SCHEDULE OF RIGHT-OF-USE ASSET AND OPERATING LEASE LIABILITIES

The following table presents the classification of the Company’s right-of-use asset and operating lease liabilities in the unaudited condensed consolidated balance sheets:

SCHEDULE OF RIGHT-OF-USE ASSET AND OPERATING LEASE LIABILITIES  

      As of    As of  
      June 30, 2026   December 31, 2025 
Assets:             
Total non-current lease assets  Right-of-use asset  $799   $- 
              
Liabilities:             
Current  Operating lease liability, current  $129   $- 
Non-current  Operating lease liability, non-current   671    - 
Total operating lease liabilities     $800   $- 
SCHEDULE OF MATURITIES OPERATING LEASE LIABILITIES

The following table presents the maturities of the Company’s operating lease liabilities as of June 30, 2026:

SCHEDULE OF MATURITIES OPERATING LEASE LIABILITIES   

Fiscal Year  Amount 
Remainder of 2026  $91 
2027   186 
2028   192 
2029   198 
2030   204 
Thereafter   86 
Undiscounted cash flows   957 
Less: imputed interest   (157)
Present value of lease liabilities  $800