RELATED PARTY TRANSACTIONS - Additional Information (Details) - Mr. Geoffrey Race |
6 Months Ended | |
|---|---|---|
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Mar. 30, 2026
GBP (£)
h
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Jun. 30, 2026 |
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| Settlement Agreement | ||
| Related Party Transaction [Line Items] | ||
| Settlement payment | £ 30,000 | |
| Terms and manner of settlement | In addition, in consideration of Mr. Race’s execution of a general release of claims and his compliance with the other terms of the Settlement Agreement, the Company agreed to provide Mr. Race with the following separation benefits: (x) a one-time severance payment of £30,000; (y) payments in lieu of 12-months’ private medical insurance contributions and life assurance contributions and (z) reimbursement of Mr. Race’s reasonable legal fees incurred in connection with obtaining advice on the termination of his employment and the terms of the Settlement Agreement, up to a maximum of £15,000 plus VAT. | |
| Settlement Agreement | Legal Fees | ||
| Related Party Transaction [Line Items] | ||
| Settlement payment | 15,000 | |
| Settlement Agreement | Consulting Fees | ||
| Related Party Transaction [Line Items] | ||
| Related party consulting fees | £ 333 | |
| Settlement Agreement | Minimum | ||
| Related Party Transaction [Line Items] | ||
| Number of hours per month services provided | h | 35 | |
| Consulting Agreement | Consulting Fees | ||
| Related Party Transaction [Line Items] | ||
| Description of transaction | Also on March 30, 2026, the Company entered into a consultancy agreement (the “Consultancy Agreement”) with Mr. Race. The Consultancy Agreement commenced on April 15, 2026 and continues until April 14, 2027 (the “Consulting Period”), unless earlier terminated by either party upon one month’s prior written notice, or by the Company upon the occurrence of certain termination events, including gross misconduct or material breach by Mr. Race. During the Consulting Period, Mr. Race is entitled to receive consulting fees in amounts of £333 per hour, for a minimum of 35 hours per month. At the discretion of the Company’s Compensation Committee, Mr. Race may be eligible to receive options to acquire shares of common stock under the 2013 Plan. |