| MARKETABLE SECURITIES |
NOTE
F – MARKETABLE SECURITIES
Marketable
securities as of September 30, 2024 and December 31, 2023 were composed of the following:
| Schedule of marketable
securities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
September
30, 2024 |
|
| |
|
Cost
Basis |
|
|
Unrealized
Gains |
|
|
Unrealized Losses |
|
|
Fair Value |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Certificates of deposit |
|
$ |
755,000 |
|
|
$ |
13,000 |
|
|
$ |
— |
|
|
$ |
768,000 |
|
| Government securities |
|
|
16,919,000 |
|
|
|
158,000 |
|
|
|
(8,000 |
) |
|
|
17,069,000 |
|
| Fixed income mutual funds |
|
|
8,608,000 |
|
|
|
251,000 |
|
|
|
— |
|
|
|
8,859,000 |
|
| Corporate bonds and notes |
|
|
502,000 |
|
|
|
3,000 |
|
|
|
— |
|
|
|
505,000 |
|
| Total marketable securities |
|
$ |
26,784,000 |
|
|
$ |
425,000 |
|
|
$ |
(8,000 |
) |
|
$ |
27,201,000 |
|
| |
|
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.
|