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RELATED PARTY TRANSACTIONS
 6 Months Ended
Jun. 30, 2026
RELATED PARTY TRANSACTIONS [Abstract]  
RELATED PARTY TRANSACTIONS
9.
RELATED PARTY TRANSACTIONS
 
The Company leases an office building and equipment from Areth, LLC (“Areth”) pursuant to an agreement for services effective as of January 1, 2016, as amended from time to time, and pays monthly rent on this facility in the amount of $10,000. The Company amended the original Areth agreement to extend its term to December 31, 2026, with automatic successive one-year renewals thereafter. Either party may terminate the agreement by providing the other party with one year’s prior written notice. Rent expense for the three and six months ended June 30, 2026 and 2025 amounted to $30,000 and $60,000, respectively. Areth is a company controlled by Dr. Jerrold B. Grossman, the Vice Chairman of the Board, and Adam S. Grossman, the Company’s President and Chief Executive Officer.
 
During the six months ended June 30, 2025, the Company purchased certain specialized equipment and repair services used for the collection and processing of source plasma from GenesisBPS in the amount of approximately $34,000. GenesisBPS was owned by Dr. Grossman and Adam Grossman until September 30, 2025.