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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2024
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 June 30, 2024 and December 31, 2023, respectively, which are measured at fair value on a recurring basis by level within the fair value hierarchy.

   
June 30, 2024
 
   
Level 1
   
Level 2
   
Level 3
   
Total
 
                         
Cash and cash equivalents
 
$
12,357,343
   
$
-
   
$
-
   
$
12,357,343
 
Held-to-maturity securities
    4,293,803       -       -       4,293,803  
    $ 16,651,146     $ -     $ -     $ 16,651,146  

   
December 31, 2023
 
   
Level 1
   
Level 2
   
Level 3
   
Total
 
                         
Cash and cash equivalents
 
$
11,004,937
   
$
-
   
$
-
   
$
11,004,937
 
Held-to-maturity securities     4,194,958       -       -       4,194,958  
    $ 15,199,895     $ -     $ -     $ 15,199,895