Quarterly report [Sections 13 or 15(d)]

STOCKHOLDERS??? EQUITY (Tables)

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STOCKHOLDERS’ EQUITY (Tables)
9 Months Ended
Sep. 30, 2025
Equity [Abstract]  
SCHEDULE OF EARNINGS PER SHARE BASIC AND DILUTED

A reconciliation of the numerator and denominator used in the calculation of basic and diluted net loss per share of our Class A common stock is as follows (in thousands, except per share amounts):

 

(in thousands, except per share data)   2025   2024   2025   2024
    Three months ended September 30,     Nine months ended September 30,  
(in thousands, except per share data)   2025     2024     2025     2024  
                         
Numerator:                                
Net loss   $ (8,933 )   $ (3,757 )   $ (16,015 )   $ (8,882 )
Less: Net income (loss) attributable to non-controlling interests                       (17 )
Net loss attributable to Class A common stockholders   $ (8,933 )   $ (3,757 )   $ (16,015 )   $ (8,865 )
Denominator:                                
Weighted average shares of Class A common stock outstanding     1,386,551       685       805,484       736  
Net loss per share of Class A common stock - basic and diluted   $ (6.44 )   $ (5,484.67 )   $ (19.88 )   $ (12,044.84 )
SCHEDULE OF OUTSTANDING POTENTIALLY DILUTIVE SECURITIES

The following table sets forth the outstanding potentially dilutive securities that have been excluded in the calculation of diluted net loss per share because their inclusion would be anti-dilutive (in common stock equivalent shares):

 

    2025   2024
    As of September 30,  
    2025     2024  
Stock options to purchase common stock     5       5  
Warrants to purchase common stock     31,552       1,032  
Antidilutive Securities, value     31,557       1,037