Quarterly report pursuant to Section 13 or 15(d)

OPERATING LEASES (Tables)

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OPERATING LEASES (Tables)
 6 Months Ended
Jun. 30, 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:

SCHEDULE OF LEASE COST

    2024     2023  
   

 

Six Months Ended June 30,

  
    2024     2023  
Lease cost                
Operating lease cost (included in general and administrative expenses in the Company’s statement of operations)   $ 65     $ 170  
                 
Other information                
Cash paid for amounts included in the measurement of lease liabilities   $ 45     $ 113  
Weighted average remaining lease term – operating leases (in years)     2.25       3.92  
Weighted average discount rate – operating leases     9.0 %     4.0 %
SCHEDULE OF OPERATING LEASES ASSETS AND LIABILITIES

SCHEDULE OF OPERATING LEASES ASSETS AND LIABILITIES

    June 30, 2024     December 31, 2023  
Operating leases                
Right-of-use assets   $ 190     $ 218  
                 
Short-term operating lease liabilities   $ 72     $ 67  
Long-term operating lease liabilities     123       164  
Total operating lease liabilities   $ 195     $ 231  
SCHEDULE OF PRESENT VALUE OF LEASE LIABILITIES

 

Year ending   Operating Leases  
2024 remaining   $ 46  
2025     96  
2026     75  
2027     -  
2028 and thereafter     -  
Total lease payments     217  
Less: Imputed interest/present value discount     (22 )
Present value of lease liabilities   $ 195