General form of registration statement for all companies including face-amount certificate companies

Fair Value of Financial Instruments

v3.22.4
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.