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Short-term Investments and Fair Value Measurements - Summary of Available-for-sale Securities (Details) - USD ($) | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2024 | Dec. 31, 2023
Debt Securities, Available-for-sale [Abstract] |  |
Cost | $ 79,498,907 | $ 134,873,427
Gross Unrealized Gains | 11,252 | 36,647
Gross Unrealized Losses | (3,481,043) | (3,927,161)
Fair Market Value | 76,029,116 | 130,982,913
Mutual funds |  |
Debt Securities, Available-for-sale [Abstract] |  |
Cost | 45,541,438 | 55,389,289
Gross Unrealized Gains | 0 | 0
Gross Unrealized Losses | (3,042,831) | (3,522,888)
Fair Market Value | $ 42,498,607 | $ 51,866,401
U.S. treasury securities |  |
Debt Securities, Available-for-sale [Line Items] |  |
Contractual Maturity (in years) | 1 year | 1 year
Debt Securities, Available-for-sale [Abstract] |  |
Cost | $ 29,676,056 | $ 75,164,782
Gross Unrealized Gains | 517 | 24,938
Gross Unrealized Losses | (2,473) | 0
Fair Market Value | $ 29,674,100 | $ 75,189,720
Certificates of deposit |  |
Debt Securities, Available-for-sale [Line Items] |  |
Contractual Maturity (in years) | 1 year | 1 year
Debt Securities, Available-for-sale [Abstract] |  |
Cost | $ 2,979,591 | $ 2,978,917
Gross Unrealized Gains | 10,735 | 11,709
Gross Unrealized Losses | (290) | (300)
Fair Market Value | 2,990,036 | 2,990,326
U.S. agency mortgage-backed securities |  |
Debt Securities, Available-for-sale [Abstract] |  |
Cost | 1,301,822 | 1,340,439
Gross Unrealized Gains | 0 | 0
Gross Unrealized Losses | (435,449) | (403,973)
Fair Market Value | $ 866,373 | $ 936,466

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