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Short-term Investments
 6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Short-term Investments

Note 4. Short-term Investments 

         
   June 30   December 31 
   2024   2023 
Short-term investments          
   U.S. Treasury Bills  $5,823,000   $7,985,600 
   Short-term investments  $5,823,000   $7,985,600 

 

 Debt securities classified as held-to-maturity are reported at amortized cost.

 Schedule of amortized cost and fair value of securities held to maturity        
  

Amortized

Cost

  

Fair

Value

 
U.S. Treasury Bills          
Due July 11, 2024   1,074,800    1,123,700 
Due September 5, 2024   4,748,200    4,952,100 
    Total  $5,823,000   $6,075,800 

 

Total interest income recognized for U.S. Treasury Bills was $182,800 and $239,600 for the six months ended June 30, 2024 and year ended December 31, 2023, respectively. Interest receivable was $252,300 and $160,000 for the six months ended June 30, 2024 and for the year ended December 31, 2023, respectively.