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NOTE 5. FAIR VALUE OF FINANCIAL INSTRUMENTS: Estimated fair value of assets that were accounted for at fair value on a recurring basis (Tables)
9 Months Ended
Dec. 31, 2022
Tables/Schedules  
Estimated fair value of assets that were accounted for at fair value on a recurring basis

The following table shows the estimated fair value of assets that were accounted for at fair value on a recurring basis:

 

 

 

As of December 31, 2022

 

 

As of March 31, 2022

 

Level 1

 

 

Level 2

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Total

Money market funds

 

$

515,519

 

 

$

-

 

 

$

515,519

 

 

$

6,756,993

 

 

$

-

 

 

$

6,756,993

Corporate bonds

 

 

-

 

 

 

51,504,863

 

 

 

51,504,863

 

 

 

-

 

 

 

45,153,894

 

 

 

45,153,894

Total

 

$

515,519

 

 

$

51,504,863

 

 

$

52,020,382

 

 

$

6,756,993

 

 

$

45,153,894

 

 

$

51,910,887