SUBSEQUENT EVENTS |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENTS | NOTE 14 — SUBSEQUENT EVENTS
The Company has evaluated events that have occurred after the balance sheet date through the date of this report and identified the following matters.
Nasdaq Listing Matter
As described in Management’s Discussion and Analysis - Nasdaq Compliance, the Company received a notice from Nasdaq on May 29, 2026 regarding non-compliance with the stockholders’ equity requirement of Listing Rule 5550(b)(1) and submitted a plan to regain compliance in June 2026. On July 24, 2026, Nasdaq notified the Company that it had granted an extension to regain compliance with the stockholders’ equity requirement of Listing Rule 5550(b), subject to the Company furnishing a specified public report on or before August 31, 2026 and evidencing compliance at the time it files its periodic report for the period ending September 30, 2026. Company remains listed on the Nasdaq Capital Market as of the date of this Quarterly Report, and Company expects to evidence the compliance within the extension granted by Nasdaq as described above. |