XML 25 R11.htm IDEA: XBRL DOCUMENT v3.22.4
CASH, CASH EQUIVALENTS AND MARKETABLE SECURITIES
 12 Months Ended
Dec. 31, 2022
Cash and Cash Equivalents [Abstract]  
CASH, CASH EQUIVALENTS AND MARKETABLE SECURITIES CASH, CASH EQUIVALENTS AND MARKETABLE SECURITIES
The following tables summarize the fair value of cash, cash equivalents and marketable securities as well as gross unrealized holding gains and losses as of December 31, 2022 and 2021:
December 31, 2022
Amortized costGross unrealized holding gainsGross unrealized holding lossesFair value
Cash$2,853,042 $— $— $2,853,042 
Money market funds42,014,804 — — 42,014,804 
Marketable securities84,175,752 — (42,187)84,133,565 
Total cash, cash equivalents and marketable securities$129,043,599 — $(42,187)$129,001,411 
December 31, 2021
Amortized costGross unrealized holding gainsGross unrealized holding lossesFair value
Cash$6,425,889 $— $— $6,425,889 
Money market funds181,371,643 — — 181,371,643 
Marketable securities— — — — 
Total cash, cash equivalents and marketable securities$187,797,532 $— $— $187,797,532 
The Company did not hold any securities that were in an unrealized loss position for more than 12 months as of December 31, 2022 and 2021.
There were no material realized gains or losses on available-for-sale securities during the years ended December 31, 2022 and 2021.