Cash, Cash Equivalents and Short-Term Investments

6 Months Ended

Jun. 30, 2021

Cash and Cash Equivalents [Abstract]

CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS

3. CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS

Cash, cash equivalents and short-term investments (at amortized cost plus accrued interest) consisted of the following:

	As of June 30, 2021		As of December 31, 2020
Cash and cash equivalents	$	10,700,551	$	6,949,937
Short-term investments(1)		—		996,495
Total	$	10,700,551	$	7,946,432

⁽¹⁾ Certificates of deposit are carried at amortized cost.