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Basis of Presentation and Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2023
Accounting Policies [Abstract]  
Schedule of Financial Assets and Liabilities Remeasured on a Recurring Basis
The following tables present the classification within the fair value hierarchy of financial assets and liabilities that are remeasured on a recurring basis as of June 30, 2023 and December 31, 2022. There were no financial assets or liabilities that were remeasured using a quoted price in active markets for identical assets (Level 2) or using unobservable inputs (Level 3) as of June 30, 2023 or December 31, 2022.
Fair Value Measurements
Level 1Level 2Level 3Total
Balance at June 30, 2023
Current assets:
Cash equivalents (1)
$10,837,944 $— $— $10,837,944 
Balance at December 31, 2022
Current assets:
Cash equivalents (1)
$33,238,658 $— $— $33,238,658 
(1) Represents cash held in money market funds.