Quarterly report pursuant to Section 13 or 15(d)

Restricted Cash Equivalents and Investments

v3.23.3
Restricted Cash Equivalents and Investments
 9 Months Ended
Sep. 30, 2023
Restricted Cash Equivalents and Investments [Abstract]  
Restricted Cash Equivalents and Investments NOTE 6 – RESTRICTED CASH EQUIVALENTS AND INVESTMENTS

The following tables show the Company’s restricted cash equivalents and available-for-sale securities’ amortized cost, gross unrealized gains, gross unrealized losses and fair value by significant investment category recorded as restricted cash and cash equivalents or short- and long-term investments as of September 30, 2023 and December 31, 2022.

September 30, 2023

Amortized Cost

Gross Unrealized
‎Gains

Gross Unrealized
‎Losses

Fair Value

Cash Equivalents

Short-Term
‎Investments

Long-Term
‎Investments

Cash equivalents:

Money Market Funds

$

1,777,737 

$

—

$

—

$

1,777,737 

$

1,777,737 

$

—

$

—

Total

$

1,777,737 

$

—

$

—

$

1,777,737 

$

1,777,737 

$

—

$

—

December 31, 2022

Amortized Cost

Gross Unrealized
‎Gains

Gross Unrealized
‎Losses

Fair Value

Cash Equivalents

Short-Term
‎Investments

Long-Term
‎Investments

Cash equivalents:

Money Market Funds

$

978,462 

$

—

$

—

$

978,462 

$

978,462 

$

—

$

—

Subtotal

978,462 

—

—

978,462 

978,462 

—

—

Investments:

Corporate Notes/Bonds

2,715,607 

—

(48,841)

2,666,766 

—

2,666,766 

—

Subtotal

2,715,607 

—

(48,841)

2,666,766 

—

2,666,766 

—

Total

$

3,694,069 

$

—

$

(48,841)

$

3,645,228 

$

978,462 

$

2,666,766 

$

—

The Company recognized $38,419 and $0 in gross realized gains during the three and nine months ended September 30, 2023 or 2022, respectively.