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Short-term Investments and Fair Value Measurements - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments $ 330,170,940 $ 160,914,935
Mutual funds    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 191,439,430 154,873,174
Commercial paper    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 39,967,853  
Certificates of deposit    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 2,991,490 3,016,260
U.S. agency mortgage-backed securities    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 1,588,647 3,025,501
Fair Value, Measurements, Recurring    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 330,170,940 160,914,935
Investments in affiliated entity 3,906,796 4,460,366
Total assets measured at fair value 334,077,736 225,372,101
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets (Level 1)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 285,622,950 154,873,174
Investments in affiliated entity 3,906,796 4,460,366
Total assets measured at fair value 289,529,746 219,330,340
Fair Value, Measurements, Recurring | Significant Other Unobservable Inputs (Level 2)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 44,547,990 6,041,761
Investments in affiliated entity 0 0
Total assets measured at fair value 44,547,990 6,041,761
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 0 0
Investments in affiliated entity 0 0
Total assets measured at fair value 0 0
Fair Value, Measurements, Recurring | Mutual funds    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 191,439,430 154,873,174
Fair Value, Measurements, Recurring | Mutual funds | Quoted Prices in Active Markets (Level 1)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 191,439,430 154,873,174
Fair Value, Measurements, Recurring | Mutual funds | Significant Other Unobservable Inputs (Level 2)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 0 0
Fair Value, Measurements, Recurring | Mutual funds | Significant Unobservable Inputs (Level 3)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 0 0
Fair Value, Measurements, Recurring | U.S. treasury securities    
Financial assets and liabilities that are measured at fair value on recurring basis    
Cash and cash equivalents   59,996,800
Short-term investments 94,183,520  
Fair Value, Measurements, Recurring | U.S. treasury securities | Quoted Prices in Active Markets (Level 1)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Cash and cash equivalents   59,996,800
Short-term investments 94,183,520  
Fair Value, Measurements, Recurring | U.S. treasury securities | Significant Other Unobservable Inputs (Level 2)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Cash and cash equivalents   0
Short-term investments 0  
Fair Value, Measurements, Recurring | U.S. treasury securities | Significant Unobservable Inputs (Level 3)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Cash and cash equivalents   0
Short-term investments 0  
Fair Value, Measurements, Recurring | Commercial paper    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 39,967,853  
Fair Value, Measurements, Recurring | Commercial paper | Quoted Prices in Active Markets (Level 1)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 0  
Fair Value, Measurements, Recurring | Commercial paper | Significant Other Unobservable Inputs (Level 2)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 39,967,853  
Fair Value, Measurements, Recurring | Commercial paper | Significant Unobservable Inputs (Level 3)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 0  
Fair Value, Measurements, Recurring | Certificates of deposit    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 2,991,490 3,016,260
Fair Value, Measurements, Recurring | Certificates of deposit | Quoted Prices in Active Markets (Level 1)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 0 0
Fair Value, Measurements, Recurring | Certificates of deposit | Significant Other Unobservable Inputs (Level 2)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 2,991,490 3,016,260
Fair Value, Measurements, Recurring | Certificates of deposit | Significant Unobservable Inputs (Level 3)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 0 0
Fair Value, Measurements, Recurring | U.S. agency mortgage-backed securities    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 1,588,647 3,025,501
Fair Value, Measurements, Recurring | U.S. agency mortgage-backed securities | Quoted Prices in Active Markets (Level 1)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 0 0
Fair Value, Measurements, Recurring | U.S. agency mortgage-backed securities | Significant Other Unobservable Inputs (Level 2)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 1,588,647 3,025,501
Fair Value, Measurements, Recurring | U.S. agency mortgage-backed securities | Significant Unobservable Inputs (Level 3)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments $ 0 $ 0