Quarterly report [Sections 13 or 15(d)]

Marketable Securities

v3.26.3
Marketable Securities
 9 Months Ended
Sep. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Marketable Securities
5.
Marketable Securities

 

Marketable securities consisted of the following as of:

 

September 30, 2026

 

Amortized Cost

 

 

Unrealized Gain

 

 

Unrealized Loss

 

 

Fair Value

 

Marketable securities, available-for-sale:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Treasury obligations

 

$

141,729,129

 

 

$

—

 

 

$

(109,361

)

 

$

141,619,768

 

Total

 

$

141,729,129

 

 

$

—

 

 

$

(109,361

)

 

$

141,619,768

 

 

December 31, 2025

 

Amortized Cost

 

 

Unrealized Gain

 

 

Unrealized Loss

 

 

Fair Value

 

Marketable securities, available-for-sale:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Treasury obligations

 

$

39,522,018

 

 

$

21,802

 

 

$

—

 

 

$

39,543,820

 

Total

 

$

39,522,018

 

 

$

21,802

 

 

$

—

 

 

$

39,543,820

 

 

All U.S. Treasury obligations were due to mature in less than one year as of September 30, 2026 and December 31, 2025, respectively. The Company did not realize any gains or losses from maturities of marketable securities for the period ended September 30, 2026 or the year ended December 31, 2025.