Investments and fair value

12 Months Ended

Dec. 31, 2023

Investments, All Other Investments [Abstract]

Investments and fair value

Note 11 – Investments and fair value

The hierarchy of Level 1, Level 2 and Level 3 Assets are listed as follows:

						Fair Value Measurement Using
	Unadjusted Quoted Market Prices			Quoted Prices for Identical or Similar Assets in Active Markets		Significant Unobservable Inputs			Significant Unobservable Inputs			Significant Unobservable Inputs
	(Level 1)			(Level 2)		(Level 3)			(Level 3)			(Level 3)
	Investment in Securities					Contractual interest Legal Recovery			Investment in Common Stock Warrants			Other Equity Investments
Balance at December 31, 2021	$	1,009		$	-	$	396,666		$	1,175		$	204,028
Total gains or losses
Included in earnings (or changes in net assets)		(833	)		-		-			(500	)		-
Purchases, issuances, sales, and settlements
Purchases		-			-		-			-			83,756
Issuances		-			-		-			-			-
Sales		(176	)		-		-			-			-
Settlements		-			-		(396,666	)		-			(194,028	)
Balance at December 31, 2022		-		$	-	$	-		$	675		$	93,756
Total gains or losses
Included in earnings (or changes in net assets)		(2,484	)		-		-			-			-
Purchases, issuances, sales, and settlements
Purchases		649,847			-		-			-			10,000
Issuances		-			-		-			-			-
Sales		-			-		-			-			-
Settlements		-			-		-			-			-
Balance at December 31, 2023	$	647,363			-		-			675			103,756

The amortized costs, gross unrealized holding gains and losses, and fair values of the Company’s investment securities classified as equity securities, at fair value, at December 31, 2023 consist of the following:

Type	Amortized Costs		Gross Unrealized Gains		Gross Unrealized Losses			Fair Values
NYSE-listed company stock	$	649,847	$	-	$	(2,484	)	$	647,363

The portion of unrealized gains and losses for the period related to equity securities still held at the reporting date is calculated as follows:

	Year Ended December 31,
	2023			2022
Net gains and losses recognized during the period on equity securities	$	(2,484	)	$	833
Less: Net gains (losses) recognized during the period on equity securities sold during the period		-			833
Unrealized gains and losses recognized during the reporting period on equity securities still held at the reporting date	$	(2,484	)	$	-

Mentor Capital, Inc.

Notes to Consolidated Financial Statements

December 31, 2023 and 2022