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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Computation of Basic and Diluted Earnings Per Common Share (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Sep. 30, 2024
Sep. 30, 2023
Numerator                
Net income/ (loss) $ 2,366,384 $ (1,603,058) $ (214,179) $ 940,101 $ (5,297,655) $ (230,215) $ 549,147 $ (4,587,769)
Series 2 Convertible Preferred Stock dividends (1,176,402)     (1,069,456)     (3,337,600) (3,034,182)
Net income/ (loss) attributable to common and Series 1 Convertible Preferred shareholders - diluted 1,189,982     (129,355)     (2,788,453) (7,621,951)
Net income/ (loss) attributable to common and Series 1 Convertible Preferred shareholders - basic 1,189,982     (129,355)     (2,788,453) (7,621,951)
Net loss attributable to common and Series 1 Convertible Preferred Stock 1,189,982     (129,355)        
Net income attributable to Series 1 Convertible Preferred Stock (24,435)     0     0 0
Series 2 Convertible Preferred Stock dividends attributable to Series 1 Convertible Preferred Stock 12,147     0     0 0
Net loss attributable to common shares- Numerator for basic EPS 1,177,694     (129,355)     (2,788,453) (7,621,951)
Effect of dilutive securities:                
Net loss attributable to common shares after assumed conversions- Numerator for diluted EPS $ 1,177,694     $ (129,355)     $ (2,788,453) $ (7,621,951)
Denominator                
Weighted average of common shares outstanding- Denominator for basic EPS (in Shares) 21,586,935     21,716,852     21,547,702 21,740,027
Adjusted weighted average of common shares outstanding and assumed conversions- Denominator diluted EPS (in shares) 22,231,788     21,716,852     21,547,702 21,740,027
Basic (in dollars per share) $ 0.05     $ (0.01)     $ (0.13) $ (0.35)
Diluted (in dollars per share) $ 0.05     $ (0.01)     $ (0.13) $ (0.35)
Series 2 Convertible Preferred Stock                
Effect of dilutive securities:                
Series 2 Convertible Preferred Stock dividends $ 0     $ 0     $ 0 $ 0
Denominator                
Effect of dilutive securities 0     0     0 0
Series 1 Convertible Preferred Stock                
Denominator                
Effect of dilutive securities 225,231     0     0 0
Common stock options and performance share units                
Denominator                
Effect of dilutive securities 419,622     0     0 0
Common Stock Warrants                
Denominator                
Effect of dilutive securities $ 0     $ 0     $ 0 $ 0