| Summery of Fair Value Assets Measured On Recurring Basis |
The following table summarizes cash equivalents and marketable securities measured at their fair value on a recurring basis as of September 30, 2024 and December 31, 2023:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fair Value Measurements as of September 30, 2024: |
|
|
|
Level 1 |
|
|
Level 2 |
|
|
Level 3 |
|
|
Total |
|
Cash equivalents: |
|
|
|
|
|
|
|
|
|
|
|
|
Money market funds |
|
$ |
86,054 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
86,054 |
|
Total |
|
$ |
86,054 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
86,054 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Marketable securities, available-for-sale: |
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Treasury obligations |
|
$ |
2,330,226 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
2,330,226 |
|
Total |
|
$ |
2,330,226 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
2,330,226 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fair Value Measurements as of December 31, 2023: |
|
|
|
Level 1 |
|
|
Level 2 |
|
|
Level 3 |
|
|
Total |
|
Cash equivalents: |
|
|
|
|
|
|
|
|
|
|
|
|
Money market funds |
|
$ |
8,039,024 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
8,039,024 |
|
Total |
|
$ |
8,039,024 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
8,039,024 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Marketable securities, available-for-sale: |
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Treasury obligations |
|
$ |
4,086,873 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
4,086,873 |
|
Total |
|
$ |
4,086,873 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
4,086,873 |
|
|