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SHARE-BASED COMPENSATION - Share Option Activity (Details) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Jun. 30, 2024
Sep. 30, 2024
Dec. 31, 2023
Number of Shares      
Options outstanding at beginning   70,411  
Cancelled/Forfeited   (5,865)  
Granted 568,000 568,000  
Options outstanding at end   632,546 70,411
Options exercisable at June 30, 2024   241,831  
Weighted-Average Exercise Price      
Options outstanding at beginning   $ 63.07  
Cancelled/Forfeited   70.00  
Granted $ 6.50 6.50  
Options outstanding at end   12.21 $ 63.07
Options exercisable at June 30, 2024   $ 18.49  
Weighted-Average Remaining Contractual Term (Years)      
Options outstanding weighted-average remaining contractual term (in years)   9 years 5 months 8 days 7 years 3 months 10 days
Options exercisable weighted average remaining contractual term (in years)   8 years 11 months 1 day  
Weighted- Average Fair Value at Grant Date      
Weighted- Average Fair Value at Grant Date at beginning (in $ per share)   $ 33.98  
Weighted- Average Fair Value at Grant Date at end (in $ per share)   $ 3.48 $ 33.98
Aggregate Intrinsic Value, Options exercisable   $ 29,470