Quarterly report pursuant to Section 13 or 15(d)

CONCENTRATIONS

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CONCENTRATIONS
3 Months Ended
Mar. 31, 2024
Risks and Uncertainties [Abstract]  
CONCENTRATIONS

NOTE L – CONCENTRATIONS

The Company maintains cash and certificates of deposit in accounts at financial institutions. The accounts are insured by the Federal Deposit Insurance Corporation (“FDIC”) up to $250,000 at each institution. At March 31, 2024, the Company had $1,153,000 cash and certificates of deposit in excess of the FDIC insured limit. The Company maintains cash equivalents in brokerage accounts at financial institutions. At March 31, 2024, the Company had cash equivalents of $18,040,000 in these brokerage accounts.