CASH AND CASH EQUIVALENTS

9 Months Ended

Sep. 30, 2023

Cash and Cash Equivalents [Abstract]

CASH AND CASH EQUIVALENTS

NOTE 5 — CASH AND CASH EQUIVALENTS

The Company considers all highly liquid investments with an original maturity of three months or less at the time of purchase to be cash equivalents. Cash equivalents consist of unrestricted funds invested in a money market mutual fund. The following table illustrates the Company’s cash and cash equivalents:

	September 30,		December 31,
	2023		2022
Cash on hand	$	2,706,000	$	25,627,000
Federally insured money market mutual funds		4,534,000		—
Total cash and cash equivalents	$	7,240,000	$	25,627,000