Quarterly report pursuant to Section 13 or 15(d)

Fair Value of Financial Instruments

v3.22.2.2
Fair Value of Financial Instruments
9 Months Ended
Sep. 30, 2022
Fair Value Disclosures [Abstract]  
Fair Value of Financial Instruments
4.
Fair Value of Financial Instruments

 

The following table summarizes cash equivalents and marketable securities measured at their fair value on a recurring basis as of September 30, 2022:

 

 

 

Fair Value Measurements as of September 30, 2022 Using:

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Treasury obligations

 

$

20,752,290

 

 

$

 

 

$

 

 

$

20,752,290

 

Total

 

$

20,752,290

 

 

$

 

 

$

 

 

$

20,752,290

 

 

There were no marketable securities as of December 31, 2021.