XML 44 R34.htm IDEA: XBRL DOCUMENT v3.24.2.u1
RESTRUCTURING AND SEVERANCE (Tables)
6 Months Ended
Jun. 30, 2024
Restructuring and Related Activities [Abstract]  
SCHEDULE OF RESTRUCTURING AND SEVERANCE

Restructuring and severance charges consist of the following for the six months ended June 30, 2024 and 2023, respectively:

 

   June 30, 2024   June 30, 2023 
         
Severance expense  $1,404,038   $800,000 
Rent expense   10,800    567,372 
Total restructuring and severance  $1,414,838   $1,367,372 
SCHEDULE OF CHANGES IN RESTRUCTURING AND SEVERANCE LIABILITIES

The changes in the carrying amount of restructuring and severance liabilities for the period from January 1, 2024 through June 30, 2024 consisted of the following:

 

Balance, January 1, 2024  $2,250,000 
Additions and adjustments   1,485,000 
Payments and adjustments   (1,202,844)
Balance, June 30, 2024  $2,532,156