Annual report pursuant to Section 13 and 15(d)

Marketable Securities

v3.23.1
Marketable Securities
12 Months Ended
Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract]  
Marketable Securities

5. Marketable Securities

Marketable securities consisted of the following at December 31, 2022.

 

December 31, 2022

Amortized Cost

 

 

Unrealized Gain

 

 

Unrealized Loss

 

 

Fair Value

 

Marketable securities, available-for-sale:

 

 

 

 

 

 

 

 

 

 

 

 

   U.S. treasury obligations

 

$

15,756,902

 

 

$

104,718

 

 

$

 

 

$

15,861,620

 

Total

 

$

15,756,902

 

 

$

104,718

 

 

$

 

 

$

15,861,620

 

As of December 31, 2022, the Company held three U.S. Treasury debt securities that were in an unrealized gain position totaling $104,718. There were no marketable securities as of December 31, 2021.

The Company received proceeds of $4.96 million from maturities of marketable securities for the year ended December 31, 2022. The Company did not realize any gains or losses from maturities of marketable securities for the year ended December 31, 2022. There were no marketable securities as of December 31, 2021.