Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2023

Fair Value Measurements [Abstract]

Cash and Cash Equivalents and Marketable Securities Measured at Fair Value on Recurring Basis

The tables below set forth the Company’s cash and cash equivalents, as well as marketable securities as of September 30, 2023 and December 31, 2022, respectively, which are measured at fair value on a recurring basis by level within the fair value hierarchy.

	September 30, 2023
	Level 1		Level 2		Level 3		Total
Cash and cash equivalents	$	11,088,033	$	-	$	-	$	11,088,033
Held-to-maturity securities		4,143,863		-		-		4,143,863
	$	15,231,896	$	-	$	-	$	15,231,896

	December 31, 2022
	Level 1		Level 2		Level 3		Total
Cash and cash equivalents	$	9,866,628	$	-	$	-	$	9,866,628
Held-to-maturity securities		4,028,565		-		-		4,028,565
	$	13,895,193	$	-	$	-	$	13,895,193