Quarterly report pursuant to Section 13 or 15(d)

Fair Value of Financial Instruments (Tables)

v3.23.1
Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2023
Fair Value Disclosures [Abstract]  
Schedule of fair value of financial instrument

The following table summarizes cash equivalents and marketable securities measured at their fair value on a recurring basis as of March 31, 2023:

 

 

 

Fair Value Measurements as of March 31, 2023 Using:

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

   Money market funds

 

$

2,195,192

 

 

$

 

 

$

 

 

$

2,195,192

 

Total

 

$

2,195,192

 

 

$

 

 

$

 

 

$

2,195,192

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Marketable securities, available-for-sale:

 

 

 

 

 

 

 

 

 

 

 

 

   U.S. treasury obligations

 

$

21,761,564

 

 

$

 

 

$

 

 

$

21,761,564

 

Total

 

$

21,761,564

 

 

$

 

 

$

 

 

$

21,761,564