Post-effective amendment to a registration statement that is not immediately effective upon filing

Marketable Securities

v3.23.1
Marketable Securities
12 Months Ended
Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract]  
Marketable Securities
5. Marketable Securities
Marketable securities consisted of the following at December 31, 2022.
 
December 31, 2022
  
Amortized

Cost
    
Unrealized

Gain
    
Unrealized

Loss
    
Fair
Value
 
Marketable securities,
available-for-sale:
                                   
U.S. treasury obligations
   $ 15,756,902      $ 104,718      $ —        $ 15,861,620  
    
 
 
    
 
 
    
 
 
    
 
 
 
Total
   $ 15,756,902      $ 104,718      $ —        $ 15,861,620  
    
 
 
    
 
 
    
 
 
    
 
 
 
As of December 31, 2022, the Company held three U.S. Treasury debt securities that were in an unrealized gain position totaling $104,718. There were no marketable securities as of December 31, 2021.
The Company received proceeds of $4.96
 million from maturities of marketable securities for the year ended December 31, 2022. The Company did not realize any gains or losses from maturities of marketable securities for the year ended December 31, 2022. There were no marketable securities as of December 31, 2021.