Quarterly report pursuant to Section 13 or 15(d)

OPERATING LEASES (Tables)

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OPERATING LEASES (Tables)
 3 Months Ended
Mar. 31, 2024
Operating Leases  
SCHEDULE OF LEASE COST

The components of lease expense and supplemental cash flow information related to leases for the period are as follows:

 

    2024     2023  
    Three Months Ended March 31,  
    2024     2023  
Lease cost                
Operating lease cost (included in general and administrative expenses in the Company’s statement of operations)   $ 33     $ 86  
                 
Other information                
Cash paid for amounts included in the measurement of lease liabilities   $ 23     $ 113  
Weighted average remaining lease term – operating leases (in years)     2.50       4.17  
Weighted average discount rate – operating leases     9.0 %     4.0 %
SCHEDULE OF OPERATING LEASES ASSETS AND LIABILITIES

    March 31, 2024     December 31, 2023  
Operating leases                
Right-of-use assets   $ 208     $ 218  
                 
Short-term operating lease liabilities   $ 70     $ 67  
Long-term operating lease liabilities     144       164  
Total operating lease liabilities   $ 214     $ 231  
SCHEDULE OF PRESENT VALUE OF LEASE LIABILITIES

Year ending   Operating Leases  
2024 remaining   $ 69  
2025     96  
2026     75  
2027     -  
2028 and thereafter     -  
Total lease payments     240  
Less: Imputed interest/present value discount     (26 )
Present value of lease liabilities   $ 214