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NOTE 5. FAIR VALUE OF FINANCIAL INSTRUMENTS: Available-for-Sale Securities (Tables)
9 Months Ended
Dec. 31, 2022
Tables/Schedules  
Available-for-Sale Securities

Our available-for-sale securities as of December 31 and March 31, 2022, aggregated into classes of securities, were as follows:

 

 

 

As of December 31, 2022

 

 

As of March 31, 2022

 

 

Amortized

Cost

 

 

Gross

Unrealized

Holding

Gains

 

 

Gross

Unrealized

Holding

Losses

 

 

Estimated

Fair

Value

 

 

Amortized

Cost

 

 

Gross

Unrealized

Holding

Gains

 

 

Gross

Unrealized

Holding

Losses

 

 

Estimated

Fair

Value

Money market funds

 

$

515,519

 

 

$

-

 

 

$

-

 

 

$

515,519

 

 

$

6,756,993

 

 

$

-

 

 

$

-

 

 

$

6,756,993

Corporate bonds

 

 

53,362,727

 

 

 

372

 

 

 

(1,858,236

)

 

 

51,504,863

 

 

 

45,561,114

 

 

 

230,085

 

 

 

(637,305

)

 

 

45,153,894

Total

 

$

53,878,246

 

 

$

372

 

 

$

(1,858,236

)

 

$

52,020,382

 

 

$

52,318,107

 

 

$

230,085

 

 

$

(637,305

)

 

$

51,910,887