4. FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2020

Financial Instruments, Owned, at Fair Value [Abstract]

Level 1 Instruments

	As of December 31, 2020
	Adjusted		Unrealized		Unrealized		Market
	Cost		Gains		Losses		Value
Level 1:
Money Market Funds	$	6,034,757	$	-	$	-	$	6,034,757
U.S. Treasury securities considered cash equivalents		9,997,812		-		-		9,997,812
U.S. Treasury securities in short-term investments		24,979,511		14,849				24,994,360
Total Financial Assets	$	41,012,080	$	14,849	$	-	$	41,026,929