DERIVATIVE LIABILITIES (Tables) |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Derivative Instruments and Hedging Activities Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| SCHEDULE OF USING A MONTE CARLO SIMULATION MODEL WITH KEY ASSUMPTIONS | At issuance, the Company recorded the embedded derivative liability at its estimated fair value of $1,050 determined using an options pricing model.
The resulting debt discount of $1,050 is being amortized to interest expense using the effective interest method over the term of the Notes. As of June 30, 2026, the derivative liability was remeasured at fair value of $763, resulting in a gain of $287, recorded within other income in the accompanying condensed consolidated statements of operations. The following table summarizes the key assumptions at issuance date and at remeasurement date on June 30, 2026:
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| SCHEDULE OF CHANGES IN THE DERIVATIVE LIABILITY | The changes in the Derivative liabilities are during the period are as follows: (in thousands)
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