INVESTMENTS – EQUITY SECURITIES

12 Months Ended

Dec. 31, 2021

Investments, All Other Investments [Abstract]

INVESTMENTS – EQUITY SECURITIES

NOTE 4 - INVESTMENTS – EQUITY SECURITIES

Cost and fair value of investments - equity securities are as follows:

			Gross			Gross		Fair
	Cost		Unrealized Losses			Unrealized Gains		Value
December 31, 2020	$	141,225	$	(13,315	)	$	-	$	127,910

Investments, which represented equity securities in a publicly traded company, were sold during 2021 at a gain of approximately $16,000 which is included in other income (expense). Unrealized holding (gains) losses on available-for-sale securities were approximately ($20,000) and $13,000 in 2021 and 2020, respectively, and have been included in other income (expense) in the accompanying statements of operations. The Company recognized a loss of approximately $4,000 upon liquidation of the investments.