Marketable Securities (Tables)

3 Months Ended

Mar. 31, 2025

Marketable Securities [Abstract]

Cost and Fair Value of Marketable Securities

The tables below summarize the Company’s cost and fair value of marketable securities as of March 31, 2025 and December 31, 2024:

	March 31, 2025
		Amortized Cost		Gross Unrealized Gain		Fair Value
Held-to-maturity securities
U.S. Treasury securities	$	11,272,665	$	221,335	$	11,494,000

	December 31, 2024
		Amortized Cost		Gross Unrealized Gain		Fair Value
Held-to-maturity securities
U.S. Treasury securities	$	11,225,475	$	227,525	$	11,453,000

Maturities of Marketable Securities

Maturities of marketable securities were as follows as of March 31, 2025 and December 31, 2024:

		March 31,		December 31,
		2025		2024
Held-to-maturity securities:
Due in one year or less	$	1,488,665	$	2,467,475
Due in 12 – 25 months		9,784,000		8,758,000
	$	11,272,665	$	11,225,475