v3.26.1
Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
Schedule of Asset Measured at Fair Value on a Recurring Basis

The following fair value hierarchy table presents information about the Company’s assets measured at fair value on a recurring basis:

 

   Level 1   Level 2   Level 3 
   Fair Value Measurements at June 30, 2026 
   Level 1   Level 2   Level 3 
Assets:               
Cash equivalents (money market funds)  $145,607,171   $-   $- 
Cash equivalents (US Treasuries)   10,327,054    -    - 
Short-term investments (US Treasuries)   6,615,168    -    - 
Long-term investments (US Treasuries)   2,052,142    -    - 
Total  $164,601,535   $-   $- 

 

As of June 30, 2026, the Company had no liabilities required to be measured at fair value on a recurring basis.

 

   Level 1   Level 2   Level 3 
   Fair Value Measurements at December 31, 2025 
   Level 1   Level 2   Level 3 
Assets:               
Cash equivalents (money market funds)  $72,800,110   $-   $- 
Cash equivalents (US Treasuries)   6,669,780    -    - 
Total  $79,469,890   $-   $- 
Schedule of Property and Equipment Useful Lives

Estimated useful lives of the Company’s assets are as follows:

 

    Useful Life
Operating equipment   3-10 years
Electronic equipment   3-5 years
Office equipment   3-5 years
Leasehold improvements   10 years