Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2022

Fair Value Disclosures [Abstract]

Summary of assets and liabilities that are measured at fair value on a recurring basis

The following table presents the Company’s assets which were measured at fair value at December 31, 2021 and June 30, 2022:

	At December 31, 2021:
	Level 1		Level 2		Level 3		Total
Assets:
Money market funds	$	9,506,499	$	—	$	—	$	9,506,499
Treasury bills		24,983,520		—		—		24,983,520
Treasury notes		9,922,300		—		—		9,922,300
Total	$	44,412,319	$	—	$	—	$	44,412,319

	At June 30, 2022:
	Level 1		Level 2		Level 3		Total
Assets:
Money market funds	$	14,402,855	$	—	$	—	$	14,402,855
Treasury bills		16,993,523		—		—		16,993,523
Treasury notes		9,703,120		—		—		9,703,120
Total	$	41,099,498	$	—	$	—	$	41,099,498