Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS (Tables)

INVESTMENTS (Tables)

9 Months Ended

Sep. 30, 2023

Investments, Debt and Equity Securities [Abstract]

The following table summarizes the Company’s investments as of September 30, 2023:


	Amortized Cost		Gross Unrealized Gain		Gross Unrealized Losses			Fair Value

Debt Securities:
Commercial paper	$	5,967,608	$	—	$	(607	)	$	5,967,001
Corporate debt securities		11,524,127		102		(6,793	)		11,517,436
Total	$	17,491,735	$	102	$	(7,400	)	$	17,484,437

The following table summarizes the Company’s investments as of December 31, 2022:


	Amortized Cost		Gross Unrealized Gain		Gross Unrealized Losses			Fair Value

Debt Securities:
Commercial paper	$	12,173,980	$	—	$	—		$	12,173,980
Corporate debt securities		30,146,060		—		(125,744	)		30,020,316
Total	$	42,320,040	$	—	$	(125,744	)	$	42,194,296

SCHEDULE OF AVAILABLE FOR SALE DEBT SECURITIES BY CONTRACTUAL MATURITY

The following table summarizes the amortized cost and fair value of the Company’s available-for-sale marketable securities by contractual maturity as of September 30, 2023:


	Amortized Cost		Fair Value

Maturing in one year or less	$	17,491,735	$	17,484,437
	$	17,491,735	$	17,484,437

The following table summarizes the amortized cost and fair value of the Company’s available-for-sale marketable securities by contractual maturity as of December 31, 2022:


	Amortized Cost		Fair Value

Maturing in one year or less	$	42,320,040	$	42,194,296
	$	42,320,040	$	42,194,296