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SHARE-BASED COMPENSATION PLAN (Tables) | 12 Months Ended
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Dec. 31, 2023
SHARE-BASED COMPENSATION PLAN [Abstract] |
Share-based Payment Award Stock Options Valuation Assumptions | The Company used the Black-Scholes option pricing model to measure the grant date fair value of the options with the following assumptions applied to the model;
|  | Assumptions |
Volatility |  |  | 69.0% |
Dividend yield* |  |  | 0.0% |
Risk-free interest rate |  |  | 4.54% |
Weighted-average grant date fair value |  | $ | 1.15 |
*Applied nil as the exercise price is adjusted for dividends

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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
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