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RESTRUCTURING AND SEVERANCE
9 Months Ended
Sep. 30, 2025
Restructuring and Related Activities [Abstract]  
RESTRUCTURING AND SEVERANCE

5. RESTRUCTURING AND SEVERANCE

 

Restructuring and severance charges consist of the following for the three and nine months ended September 30, 2025 and 2024, respectively:

 

   2025   2024   2025   2024 
   For the Three Months Ended
September 30,
   For the Nine Months Ended
September 30,
 
   2025   2024   2025   2024 
                 
Severance expense  $  -   $-   $   -   $1,404,038 
Rent expense   -    -    -    10,800 
Total restructuring and severance  $-   $-   $-   $1,414,838 

 

The changes in the carrying amount of restructuring and severance liabilities for the period from January 1, 2025 through September 30, 2025 consisted of the following:

 

Balance, January 1, 2025  $3,060,388 
Additions and adjustments   - 
Payments and adjustments   (177,464)
Balance, September 30, 2025  $2,882,924