Schedule of Fair Value Assets and Liabilities Measured on Recurring Basis

The following tables present information about the Company's assets and liabilities that are measured at fair value on a recurring basis at March 31, 2026 and December 31, 2025, and indicate the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:


	As of March 31, 2026
	Total		Quoted Prices In Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Other Unobservable Inputs (Level 3)
Assets:
Cash equivalents
Money market funds	$	15,895,107	$	15,895,107	$	—	$	—
U.S. treasury securities		3,689,533		3,689,533		—		—
Short-term investments
Mutual funds		11,415,357		11,415,357		—		—
U.S. treasury securities		75,456,500		75,456,500		—		—
Long-term investments
U.S. treasury securities		110,235,540		110,235,540		—		—
Liabilities:
Public Warrant liability	$	150,074	$	150,074	$	—	$	—
Private Placement Warrant liability		5,445		—		—		5,445
Tranche C Preferred Warrants		5,962,067		—		—		5,962,067


	As of December 31, 2025
	Total		Quoted Prices In Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Other Unobservable Inputs (Level 3)
Assets:
Cash equivalents
Money market funds	$	9,128,243	$	9,128,243	$	—	$	—
U.S. treasury securities		—		—		—		—
Corporate Bonds		—		—		—		—
Short-term investments
Mutual funds		59,129,609		59,129,609		—		—
U.S. treasury securities		24,027,260		24,027,260		—		—
Corporate Bonds		2,932,910		—		2,932,910		—
Long-term investments
U.S. treasury securities		42,783,989		42,783,989		—		—
Corporate Bonds		4,108,893		—		4,108,893		—
Liabilities:
Public Warrant liability	$	179,400	$	179,400	$	—	$	—
Private Placement Warrant liability		6,508		—		—		6,508
Tranche C Preferred Warrants		5,449,204		—		—		5,449,204

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Summary of Changes in Level 3 Fair Value Measurements

The following table provides a summary of the changes in Level 3 fair value measurements for the Preferred Warrant liabilities:


Balance, December 31, 2025	$	5,449,204
Change in fair value of the Preferred Warrant liabilities		512,863
Balance, March 31, 2026	$	5,962,067