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Fair Value of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2023
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, 2022 and 2023:

 

 

 

At December 31, 2022:

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

19,458,020

 

 

$

 

 

$

 

 

$

19,458,020

 

Treasury notes

 

 

9,735,930

 

 

 

 

 

 

 

 

 

9,735,930

 

 Total

 

$

29,193,950

 

 

$

 

 

$

 

 

$

29,193,950

 

 

 

 

At December 31, 2023:

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

1,626,129

 

 

$

 

 

$

 

 

$

1,626,129

 

 Total

 

$

1,626,129

 

 

$

 

 

$

 

 

$

1,626,129