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RELATED PARTY TRANSACTIONS
 6 Months Ended
Jun. 30, 2024
RELATED PARTY TRANSACTIONS [Abstract]  
RELATED PARTY TRANSACTIONS
Note 14
RELATED PARTY TRANSACTIONS


Adam Dublin, the Company’s Chief Strategy Officer, was previously a consultant for a current vendor of the Company. Mr. Dublin’s consultancy with the vendor ended on December 11, 2020, and the parties agreed not to renew the consulting agreement. Pursuant to Mr. Dublin’s consulting agreement with the vendor, Mr. Dublin received payments from the vendor for the three and six months ended June 30, 2024 and 2023 of $7,975 and $60,025 and $127,050 and $176,082, respectively, as he is entitled to runoff commissions on accounts he sold.


On September 1, 2021, the Company issued, at 100% of par value, $24,000,000 in aggregate principal balance of 3.5% Convertible Promissory Notes due 2025 convertible into (i) shares of Company common stock and (ii) warrants to purchase shares of Company common stock equal to 20% of the principal amount of the Notes divided by the conversion price to a select group of institutional and accredited investors, which included a director of the Company who held $6,000,000 of the Notes until his death on April 11, 2024, which notes are held by the spouse of the deceased director. See Note 11 for additional information.