Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES (Tables)

FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES (Tables)

3 Months Ended

Mar. 31, 2024

SCHEDULE OF ASSETS AND LIABILITIES MEASURED AT FAIR VALUE ON RECURRING BASIS

The following tables present information about the Company’s financial assets and liabilities measured at fair value on a recurring basis and indicate the level of the fair value hierarchy utilized to determine such fair values as of March 31, 2024:


	Level 1		Level 2		Level 3		Total

Assets:
Cash equivalents:
Money market funds	$	7,327,907	$	—	$	—	$	7,327,907
Corporate debt securities		—		1,818,381		—		1,818,381
Investments:
Commercial paper		—		15,814,204		—		15,814,204
Corporate debt securities		—		90,185,887		—		90,185,887
	$	7,327,907	$	107,818,472	$	—	$	115,146,379

Liabilities:
Derivative liabilities	$	—	$	—	$	10,882	$	10,882


	Level 1		Level 2		Level 3		Total

Assets:
Cash Equivalents:
Money market funds	$	7,832,675	$	—	$	—	$	7,832,675
Corporate debt securities		—		1,862,273		—		1,862,273
Investments:
Corporate debt securities		—		7,182,325		—		7,182,325
	$	7,832,675	$	9,044,598	$	—	$	16,877,273

Liabilities:
Derivative liabilities	$	—	$	—	$	39,450	$	39,450