v3.26.1
CASH, CASH EQUIVALENTS AND MARKETABLE SECURITIES (Tables)
3 Months Ended
Mar. 31, 2026
CASH, CASH EQUIVALENTS AND MARKETABLE SECURITIES  
Summary of cash, cash equivalents and marketable securities

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March 31, 2026

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  ​ ​ ​

Amortized Cost

  ​ ​ ​

Unrealized Gains

  ​ ​ ​

Unrealized Losses

  ​ ​ ​

Fair Value

Cash and money market funds

​

$

63,516,924

​

$

—

​

$

—

​

$

63,516,924

U.S. treasuries

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​

62,416,903

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​

—

​

​

(49,988)

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​

62,366,915

U.S. government agencies

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​

43,104,514

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​

—

​

​

(45,063)

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​

43,059,451

Corporate bonds

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​

40,311,933

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​

—

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​

(105,950)

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​

40,205,983

Commercial papers

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​

69,513,367

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​

—

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​

(52,726)

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​

69,460,641

Total cash, cash equivalents and marketable securities

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$

278,863,641

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$

—

​

$

(253,727)

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$

278,609,914

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Classified as:

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​

Cash and cash equivalents

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$

105,421,484

Short-term marketable securities

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​

173,188,430

Long-term marketable securities

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​

​

—

Total cash, cash equivalents and marketable securities

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​

​

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​

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$

278,609,914

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

December 31, 2025

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  ​ ​ ​

Amortized Cost

  ​ ​ ​

Unrealized Gains

  ​ ​ ​

Unrealized Losses

  ​ ​ ​

Fair Value

Cash and money market funds

​

$

287,847,312

​

$

—

​

$

—

​

$

287,847,312

U.S. treasuries

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​

29,998,449

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​

283,154

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​

—

​

​

30,281,603

Total cash, cash equivalents and marketable securities

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$

317,845,761

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$

283,154

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$

—

​

$

318,128,915

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​

​

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​

​

Classified as:

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​

​

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​

​

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​

Cash and cash equivalents

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​

​

​

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​

​

​

​

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$

287,847,312

Short-term investments

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​

30,281,603

Long-term investments

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​

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​

​

—

Total cash, cash equivalents and marketable securities

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$

318,128,915