Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS (Tables)

INVESTMENTS (Tables)

3 Months Ended

Mar. 31, 2024

Investments, Debt and Equity Securities [Abstract]

The following table summarizes the Company’s investments as of March 31, 2024:


	Amortized Cost		Gross Unrealized Gain		Gross Unrealized Losses			Fair Value

Debt Securities:
Commercial paper	$	15,848,555	$	—	$	(34,351	)	$	15,814,204
Corporate debt securities		90,479,731		5,178		(299,022	)		90,185,887
Total	$	106,328,286	$	5,178	$	(333,373	)	$	106,000,091

The following table summarizes the Company’s investments as of December 31, 2023:


	Amortized Cost		Gross Unrealized Gain		Gross Unrealized Losses			Fair Value

Debt Securities:
Corporate debt securities		7,183,066		679		(1,420	)		7,182,325
Total	$	7,183,066	$	679	$	(1,420	)	$	7,182,325

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 debt securities by contractual maturity as of March 31, 2024:


	Amortized Cost		Fair Value

Maturing in one year or less	$	62,499,737	$	62,371,492
Maturing after one year but less than three years		43,828,549		43,628,599
	$	106,328,286	$	106,000,091

The following table summarizes the amortized cost and fair value of the Company’s available-for-sale marketable debt securities by contractual maturity as of December 31, 2023:


	Amortized Cost		Fair Value

Maturing in one year or less	$	7,183,066	$	7,182,325
	$	7,183,066	$	7,182,325