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SUBSEQUENT EVENTS
 6 Months Ended
Jun. 30, 2025
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

Note 18. SUBSEQUENT EVENTS 

 

On July 31, 2025, the Company received notification of partial compliance (the “Letter) from Nasdaq regarding the deficiencies identified in Note 9 – Commitments and Contingencies. The Letter advised the Company that the Nasdaq Hearings Panel found that the Company had regained compliance with Listing Rules regarding the Bid Price Rule and the Periodic Report Rule, and the Equity Rule as required by the Panel’s decision dated May 1, 2025.

 

The Letter noted that in the Panel’s May 1, 2025 decision, should the company fail to maintain compliance with any listing rule prior to September 2, 2025, it will remain subject to delisting. In addition, the Letter advised the Company that if the Company remains in compliance with all continued listing requirements through September 2, 2025, the Panel intends to impose a Discretionary Panel Monitor to monitor the Company’s ongoing compliance with the Nasdaq’s continued listing standards for a period of time.