| MARKETABLE SECURITIES |
NOTE
F – MARKETABLE SECURITIES
Marketable
securities as of March 31, 2023 and December 31, 2022 were composed of the following:
| Schedule of marketable securities |
March
31, 2023 |
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| Certificates of deposit |
|
$ |
2,976,000 |
|
|
$ |
21,000 |
|
|
$ |
— |
|
|
$ |
2,997,000 |
|
| Government securities |
|
|
25,992,000 |
|
|
|
204,000 |
|
|
|
— |
|
|
|
26,196,000 |
|
| Fixed income mutual funds |
|
|
7,504,000 |
|
|
|
45,000 |
|
|
|
— |
|
|
|
7,549,000 |
|
| Corporate bond |
|
|
178,000 |
|
|
|
— |
|
|
|
— |
|
|
|
178,000 |
|
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| Total marketable securities |
|
$ |
36,650,000 |
|
|
$ |
270,000 |
|
|
$ |
— |
|
|
$ |
36,920,000 |
|
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| Government Securities |
|
$ |
20,781,000 |
|
|
$ |
67,000 |
|
|
$ |
— |
|
|
$ |
20,848,000 |
|
| Fixed income mutual funds |
|
|
11,904,000 |
|
|
|
— |
|
|
|
(915,000 |
) |
|
|
10,989,000 |
|
| Certificates of Deposit |
|
|
3,019,000 |
|
|
|
— |
|
|
|
(43,000 |
) |
|
|
2,976,000 |
|
| Corporate bonds and notes |
|
|
192,000 |
|
|
|
— |
|
|
|
(14,000 |
) |
|
|
178,000 |
|
| |
|
|
|
|
|
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|
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| Total marketable securities |
|
$ |
35,896,000 |
|
|
$ |
67,000 |
|
|
$ |
(972,000 |
) |
|
$ |
34,991,000 |
|
The Company’s marketable securities
are classified within Level 1 of the fair value hierarchy because they are valued using quoted market prices in an active market.
|