Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2022

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Measured at Fair Value

The following table presents the Company’s assets and liabilities that are measured and recognized at fair value on a recurring basis classified under the appropriate level of the fair value hierarchy as of December 31, 2022.

	As of December 31, 2022				Fair Value Measurements As of December 31, 2022
	Carrying Amount		Fair Value		Level 1		Level 2		Level 3
Assets:
Money Market Funds in Cash Equivalents	$	1,829,218	$	1,829,218	$	1,829,218	$	—	$	—
Liabilities:
Debt:
Marathon Convertible Notes	$	6,360,600	$	6,360,600	$	—	$	—	$	6,360,600
Original Term Loan	$	5,567,231	$	5,567,231	$	—	$	—	$	5,567,231
	$	11,927,831	$	11,927,831	$	—	$	—	$	11,927,831

Schedule of Change in Debt Fair Value

The following table describes changes in debt recorded at fair value in the Company’s financial statements for the year ended December 31, 2022.

	December 31, 2021		Loan Received		Payments		Accrued interest expense		Adjustment to Fair Value Mark to Market			December 31, 2022
Marathon Convertible Notes (1)	$	—	$	6,000,000	$	—	$	313,068	$	47,532		$	6,360,600
Original Term Loan		—		6,172,969		—		—		(605,738	)		5,567,231
	$	—	$	12,172,969	$	—	$	313,068	$	(558,206	)	$	11,927,831

(1) Marathon Convertible Notes were recorded as $0.3 million in accrued interest expenses and $6.0 million in convertible note payable, at fair value in the Company’s balance sheet at December 31, 2022.