CASH, CASH EQUIVALENTS AND MARKETABLE SECURITIES - Summary of Fair Value of Cash and Cash Equivalents and Gross Unrealized Holding Gains and Losses (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Cash and Cash Equivalents [Abstract]
Cash Amortized cost	$ 2,701,396	$ 2,853,042
Money market funds, amortized cost	24,340,121	42,014,804
Money market funds, unrealized holding gains	0	0
Money market funds, unrealized holding losses	0	0
Money market funds, fair value	24,340,121	42,014,804
Marketable securities, amortized cost	78,791,156	84,175,752
Gross unrealized holding gains	702	0
Gross unrealized holding losses	0	(42,187)
Marketable securities, fair value	78,791,858	84,133,565
Amortized cost	105,832,673	129,043,598
Total cash, cash equivalents and marketable securities, unrealized holding gains	702	0
Total cash, cash equivalents and marketable securities, unrealized holding losses	0	(42,187)
Fair value	$ 105,833,375	$ 129,001,411