RESTRUCTURING AND SEVERANCE COMPENSATION EXPENSE (Details) - USD ($) |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
|
RESTRUCTURING AND SEVERANCE COMPENSATION EXPENSE (Details) [Line Items] | ||||
Restructuring and Related Activities, Description | On June 30, 2025, the Company’s Board of Directors approved a restructuring initiative that included a revision to the Company’s severance policy and compensation structure. Effective July 1, 2025, the Company implemented a reduction in base salaries for all employees by approximately 30% and amended the severance policy to provide one (1) week of severance pay per year of service (versus one (1) month previously). In connection with this amendment, the Company approved a one-time severance compensation payment due to employees based on service accrued through June 30, 2025, calculated in accordance with the prior severance policy. | |||
Restructuring Charges | $ 1,680,000 | $ 0 | $ 1,680,000 | $ 0 |
One-time Charge [Member] | ||||
RESTRUCTURING AND SEVERANCE COMPENSATION EXPENSE (Details) [Line Items] | ||||
Restructuring Charges | $ 1,600,000 |