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Subsequent Events
12 Months Ended
Dec. 31, 2024
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

19. SUBSEQUENT EVENTS

 

We have evaluated subsequent events through the time of this filing on March 28, 2025. First, in January of 2025, we settled a long outstanding insurance claim related to previously disclosed contamination events in our production process incurred from late 2022 through April of 2024. As a result of the settlement, we received $426,587 during January of 2025, which is in addition to the $250,000 that was previously received on this claim and recognized for financial statement purposes during the third quarter of 2023. Second, net proceeds from January 1, 2025 through March 21, 2025 from 3,532 shares sold pursuant to our ATM Agreement (less sales commissions of $584) were $18,849. As of the time of this filing on March 28, 2025, there were no additional material, reportable subsequent events.