Basis of Presentation and Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2020

Accounting Policies [Abstract]

Fair Value Measurement Specific to Assets or Liability

	Fair Value Measurements at Reporting Date Using
	Balances as of September 30, 2020		Quoted Prices in Active Markets for Identical Assets/Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Cash and cash equivalents:
Money market funds	$	12,635,927	$	12,635,927	$	—	$	—
U.S. Treasuries	$	94,992,100	$	—	$	94,992,100	$	—
Short-term investments:
Short-term bond funds	$	10,002,749	$	10,002,749	$	—	$	—

	Balances as of December 31, 2019		Quoted Prices in Active Markets for Identical Assets/Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Cash and cash equivalents:
Money market funds	$	23,963,617	$	23,963,617	$	—	$	—
U.S. Treasuries	$	59,932,200	$	—	$	59,932,200	$	—
Short-term investments:
U.S. Treasuries	$	5,007,050	$	—	$	5,007,050	$	—

Basic and Dilutive Weighted Average Common Shares

The following table reconciles basic and diluted weighted average common shares:

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2020		2019		2020		2019
Basic weighted average common shares outstanding		103,535,431		102,974,105		103,452,025		102,864,571
Effect of dilutive securities		2,780,810		4,071,129		2,934,592		2,957,038
Dilutive weighted average common shares outstanding		106,316,241		107,045,234		106,386,617		105,821,609