Is Light Neutralino Thermal Dark Matter in the Phenomenological Minimal Supersymmetric Standard Model Ruled Out?

We explore the parameter space of the phenomenological minimal supersymmetric standard model with a light neutralino thermal dark matter (m_{χ[over ˜]_{1}^{0}}≤m_{h}/2) that is consistent with current collider and astrophysical constraints. We consider both positive and negative values of the higgsino mass parameter (μ). Our investigation shows that the recent experimental results from the LHC as well as from direct detection searches for dark matter by the LUX-ZEPLIN Collaboration rule out the Z-funnel region for the μ>0 scenario.