Available-for-Sale Securities (Tables)

9 Months Ended

Sep. 30, 2021

Investments Debt And Equity Securities [Abstract]

Summary of Available-for-sale Securities

The Company’s portfolio of available-for-sale securities consists of high credit quality corporate debt securities. The following is a summary of the Company’s available-for-sale securities as of September 30, 2021 and December 31, 2020:  

	September 30, 2021
			Gross		Gross		Fair Value
	Amortized		Unrealized		Unrealized		(Net Carrying
	Cost		Gains		Losses		Amount)
Corporate debt securities		15,187,672		—		—		15,187,672
Total available-for-sale securities	$	15,187,672	$	—	$	—	$	15,187,672

	December 31, 2020
			Gross		Gross		Fair Value
	Amortized		Unrealized		Unrealized		(Net Carrying
	Cost		Gains		Losses		Amount)
Corporate debt securities		6,298,075		—		—		6,298,075
Total available-for-sale securities	$	6,298,075	$	—	$	—	$	6,298,075

Summary of Contractual Maturities of Debt Investment Securities

Contractual maturities of debt investment securities as of September 30, 2021 are shown below.

	Under
	1 Year		1 to 2 Years		Total
Corporate debt securities		15,187,672		—		15,187,672
Total available-for-sale securities	$	15,187,672	$	—	$	15,187,672