Fair Value of Financial Instruments

6 Months Ended

Jun. 30, 2025

Fair Value of Financial Instruments [Abstract]

Fair Value of Financial Instruments

Note 4 – Fair Value of Financial Instruments

There were no transfers among Levels 1, 2, or 3 during the three and six months ended June 30, 2025 or 2024.

	Fair Value Measurements at Reporting Date Using
	Total		Quoted Prices in Active Markets (Level 1)		Quoted Prices in Inactive Markets (Level 2)		Significant Unobservable Inputs (Level 3)
As of June 30, 2025: (unaudited)
Cash and cash equivalents	$	31,873,495	$	31,873,495	$	-	$	-
As of December 31, 2024
Cash and cash equivalents	$	41,689,591	$	41,689,591	$	-	$	-

The carrying value of the Debentures approximated its fair value as of June 30, 2025 due to the variable interest rate applicable.