| MARKETABLE SECURITIES |
NOTE
F – MARKETABLE SECURITIES
Marketable
securities as of September 30, 2025 and December 31, 2024 were composed of the following:
| Schedule of marketable securities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
September
30, 2025 |
|
| |
|
Cost
Basis |
|
|
Unrealized
Gains |
|
|
Unrealized
Losses |
|
|
Fair Value |
|
| Certificates of deposit |
|
$ |
755,000 |
|
|
$ |
8,000 |
|
|
$ |
— |
|
|
$ |
763,000 |
|
| Government securities |
|
|
17,086,000 |
|
|
|
107,000 |
|
|
|
(64,000 |
) |
|
|
17,129,000 |
|
| Fixed income mutual funds |
|
|
7,817,000 |
|
|
|
199,000 |
|
|
|
— |
|
|
|
8,016,000 |
|
| Corporate bonds |
|
|
3,517,000 |
|
|
|
4,000 |
|
|
|
(40,000 |
) |
|
|
3,481,000 |
|
| Total marketable securities |
|
$ |
29,175,000 |
|
|
$ |
318,000 |
|
|
$ |
(104,000 |
) |
|
$ |
29,389,000 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
December
31, 2024 |
|
| |
|
Cost
Basis |
|
|
Gross
Unrealized
Gains |
|
|
Gross
Unrealized
Losses |
|
|
Fair Value |
|
| Government securities |
|
$ |
16,470,000 |
|
|
$ |
63,000 |
|
|
$ |
(71,000 |
) |
|
$ |
16,462,000 |
|
| Fixed income mutual funds |
|
|
9,630,000 |
|
|
|
132,000 |
|
|
|
(30,000 |
) |
|
|
9,732,000 |
|
| Certificates of deposit |
|
|
752,000 |
|
|
|
9,000 |
|
|
|
— |
|
|
|
761,000 |
|
| Corporate bonds and notes |
|
|
496,000 |
|
|
|
4,000 |
|
|
|
— |
|
|
|
500,000 |
|
| Total marketable securities |
|
$ |
27,348,000 |
|
|
$ |
208,000 |
|
|
$ |
(101,000 |
) |
|
$ |
27,455,000 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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.
|