XML 33 R10.htm IDEA: XBRL DOCUMENT v3.23.1
Marketable Securities
12 Months Ended
Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract]  
Marketable Securities

4. Marketable Securities

As of December 31, 2022, the Company had marketable securities in the amount of $24,674,903. The Company did not have marketable securities at December 31, 2021. The following table presents the Company's marketable securities at December 31, 2022:

 

 

 

December 31, 2022

 

 

 

Amortized
Cost

 

 

Gross
Unrealized
Gains

 

 

Gross
Unrealized
Losses

 

 

Fair
Value

 

U.S. Treasury Securities

 

$

24,770,776

 

 

$

 

 

$

(95,873

)

 

$

24,674,903

 

 

 

$

24,770,776

 

 

$

 

 

$

(95,873

)

 

$

24,674,903

 

 

At December 31, 2022, the Company's marketable securities consisted of $24,770,776 of investments that mature within 12 months and the Company recorded an unrealized loss on investments of $95,873 for the year ended December 31, 2022. At December 31, 2021, the Company had no marketable securities and recorded an unrealized loss on investments of $7,131 for the year ended December 31, 2021.