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FAIR VALUE MEASUREMENTS - Fair value of the preferred and common warrants determined by using option pricing models assumptions (Details)
May 24, 2024
Y
Dec. 31, 2023
Y
Expected term (years)    
FAIR VALUE MEASUREMENTS    
Fair value of the preferred and common warrants, measurement input 4.05 4.46
Risk-free interest rate    
FAIR VALUE MEASUREMENTS    
Fair value of the preferred and common warrants, measurement input 0.0455 0.0381
Expected volatility    
FAIR VALUE MEASUREMENTS    
Fair value of the preferred and common warrants, measurement input 0.500 0.500
Expected dividend yield    
FAIR VALUE MEASUREMENTS    
Fair value of the preferred and common warrants, measurement input 0.000 0.000