| MARKETABLE SECURITIES |
NOTE
F – MARKETABLE SECURITIES
Marketable
securities as of June 30, 2024 and December 31, 2023 were composed of the following:
| Schedule of marketable
securities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
June 30, 2024 |
|
| |
|
Cost
Basis |
|
|
Unrealized Gains |
|
|
Unrealized Losses |
|
|
Fair Value |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Certificates of deposit |
|
$ |
1,514,000 |
|
|
$ |
–
|
|
|
$ |
(4,000 |
) |
|
$ |
1,510,000 |
|
| Government securities |
|
|
12,910,000 |
|
|
|
51,000 |
|
|
|
(37,000 |
) |
|
|
12,924,000 |
|
| Fixed income mutual funds |
|
|
7,618,000 |
|
|
|
113,000 |
|
|
|
– |
|
|
|
7,731,000 |
|
| Corporate bonds and notes |
|
|
496,000 |
|
|
|
– |
|
|
|
(1,000 |
) |
|
|
495,000 |
|
| Total marketable securities |
|
$ |
22,538,000 |
|
|
$ |
164,000 |
|
|
$ |
(42,000 |
) |
|
$ |
22,660,000 |
|
| |
|
December
31, 2023 |
|
| |
|
Cost
Basis |
|
|
Unrealized Gains |
|
|
Unrealized Losses |
|
|
Fair Value |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Certificates of deposit |
|
$ |
6,112,000 |
|
|
$ |
– |
|
|
$ |
(35,000 |
) |
|
$ |
6,077,000 |
|
| Government securities |
|
|
14,701,000 |
|
|
|
127,000 |
|
|
|
(10,000 |
) |
|
|
14,818,000 |
|
| Fixed income mutual funds |
|
|
7,585,000 |
|
|
|
91,000 |
|
|
|
– |
|
|
|
7,676,000 |
|
| Total marketable securities |
|
$ |
28,398,000 |
|
|
$ |
218,000 |
|
|
$ |
(45,000 |
) |
|
$ |
28,571,000 |
|
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.
|