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Investment Securities
12 Months Ended
Dec. 31, 2022
Investment Securities [Abstract]  
INVESTMENT SECURITIES

NOTE 4 – INVESTMENT SECURITIES

 

At December 31, 2022 the Company held $55.9 million in U.S. government and agency securities. All securities have maturity dates of less than one year. The Company reports them at amortized cost. The amortized cost approximates fair value at December 31, 2022 due to the short nature of the securities.

 

There were no securities held at December 31, 2021.