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SHORT-TERM INVESTMENTS
6 Months Ended
Jun. 30, 2021
Investments, Debt and Equity Securities [Abstract]  
SHORT-TERM INVESTMENTS

NOTE 2 – SHORT-TERM INVESTMENTS

 

The following table summarizes the available-for-sale investments held:

 

Description  June 30, 2021   December 31, 2020 
U.S. government and agency securities and treasuries  $50,380,000   $82,438,000 

 

The amortized cost of the available-for-sale debt securities, which is adjusted for amortization of premiums and accretion of discounts to maturity, was $50,381,000 and $82,448,000 as of June 30, 2021 and December 31, 2020, respectively. There were no significant realized gains or losses recognized on the sale or maturity of available-for-sale debt securities during the six months ended June 30, 2021 or 2020.