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NOTE 3. FAIR VALUE OF FINANCIAL INSTRUMENTS: Estimated fair value of assets that were accounted for at fair value on a recurring basis (Tables)
12 Months Ended
Mar. 31, 2023
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 March 31, 2023

 

 

As of March 31, 2022

 

 

 

Level 1

 

 

Level 2

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Total

 

Money market funds

 

$

906,141

 

 

$

-

 

 

$

906,141

 

 

$

6,756,993

 

 

$

-

 

 

$

6,756,993

 

Corporate bonds

 

 

-

 

 

 

51,638,142

 

 

 

51,638,142

 

 

 

-

 

 

 

45,153,894

 

 

 

45,153,894

 

Total

 

$

906,141

 

 

$

51,638,142

 

 

$

52,544,283

 

 

$

6,756,993

 

 

$

45,153,894

 

 

$

51,910,887