CASH, CASH EQUIVALENTS AND MARKETABLE SECURITIES (Tables)

12 Months Ended

Dec. 31, 2023

Cash and Cash Equivalents [Abstract]

Schedule of Debt Securities

The following tables summarize the fair value of cash, cash equivalents and marketable securities as well as gross unrealized holding gains and losses as of December 31, 2023 and 2022:

	December 31, 2023
	Amortized cost		Gross unrealized holding gains		Gross unrealized holding losses		Fair value
Cash	$	2,701,396	$	—	$	—	$	2,701,396
Money market funds	24,340,121		—		—		24,340,121
Marketable securities	78,791,156		702		—		78,791,858
Total cash, cash equivalents and marketable securities	$	105,832,673	$	702	$	—	$	105,833,375

	December 31, 2022
	Amortized cost		Gross unrealized holding gains		Gross unrealized holding losses		Fair value
Cash	$	2,853,042	$	—	$	—	$	2,853,042
Money market funds	42,014,804		—		—		42,014,804
Marketable securities	84,175,752		—		(42,187)		84,133,565
Total cash, cash equivalents and marketable securities	$	129,043,598	$	—	$	(42,187)	$	129,001,411

Schedule of Cash and Cash Equivalents

The following tables summarize the fair value of cash, cash equivalents and marketable securities as well as gross unrealized holding gains and losses as of December 31, 2023 and 2022:

	December 31, 2023
	Amortized cost		Gross unrealized holding gains		Gross unrealized holding losses		Fair value
Cash	$	2,701,396	$	—	$	—	$	2,701,396
Money market funds	24,340,121		—		—		24,340,121
Marketable securities	78,791,156		702		—		78,791,858
Total cash, cash equivalents and marketable securities	$	105,832,673	$	702	$	—	$	105,833,375

	December 31, 2022
	Amortized cost		Gross unrealized holding gains		Gross unrealized holding losses		Fair value
Cash	$	2,853,042	$	—	$	—	$	2,853,042
Money market funds	42,014,804		—		—		42,014,804
Marketable securities	84,175,752		—		(42,187)		84,133,565
Total cash, cash equivalents and marketable securities	$	129,043,598	$	—	$	(42,187)	$	129,001,411