SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Earnings per share (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Earnings per share
Common stock underlying issued and outstanding stock options	1,524	16,033	5,007	22,041
Diluted EPS calculated under the treasury stock method	1,524	16,033	5,007	22,041
Net Income (Loss)	$ (14,164,640)	$ (3,868,568)	$ (13,735,256)	$ (2,877,596)
Preferred stock dividend requirements	(57,611)	(58,111)	(115,222)	(116,222)
Loss applicable to common shareholders	$ (14,222,251)	$ (3,926,679)	$ (13,850,478)	$ (2,993,818)
Average common shares outstanding	29,937,159	29,937,159	29,937,159	29,937,159
Average common and common equivalent shares outstanding - diluted	29,937,159	30,169,604	29,937,159	30,169,604
Basic loss per share	$ (0.48)	$ (0.13)	$ (0.46)	$ (0.10)
Diluted loss per share	$ (0.48)	$ (0.13)	$ (0.46)	$ (0.10)