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STOCK AWARD PLAN AND STOCK-BASED COMPENSATION - Schedule of Stock-Based Compensation Expense Included in the Company's Consolidated Statements of Operations (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]        
Stock based compensation expense $ 307,708 $ 371,943 $ 1,075,875 $ 1,357,317
Research and Development        
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]        
Stock based compensation expense 84,776 185,075 361,270 667,558
General and Administrative        
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]        
Stock based compensation expense $ 222,932 $ 186,868 $ 714,605 $ 689,759