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Available-for-Sale Securities
6 Months Ended 12 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Available-for-Sale Securities [Abstract]    
AVAILABLE-FOR-SALE SECURITIES

3. AVAILABLE-FOR-SALE SECURITIES

 

The Company’s U.S. Treasury bills that were classified as available-for-sale securities fully matured during the year ended December 31, 2024. There were no available securities as of June 30, 2025 and December 31, 2024.

 

The Company recorded $680 of realized losses in the year ended December 31, 2024.

3.AVAILABLE-FOR-SALE SECURITIES

 

The Company’s U.S. Treasury bills that were classified as available-for-sale securities fully matured during the year ended December 31, 2024. There were no available securities as of December 31, 2024.

 

The amortized cost, gross unrealized gains and losses, and fair value for available-for-sale securities as of December 31, 2023 are as follows:

 

       Gross   Gross     
   Amortized   unrealized   unrealized     
   cost   gains   losses   Fair value 
Available-for-sale securities:                    
U.S. Treasury Bills  $2,661,092   $36,138   $(35,298)  $2,661,932 
Total Available-for-sale securities  $2,661,092   $36,138   $(35,298)  $2,661,932 

 

The Company recorded $680 of realized losses in the year ended December 31, 2024. The Company did not have any realized gains or losses in the year ended December 31, 2023.