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NOTE 3. FAIR VALUE OF FINANCIAL INSTRUMENTS: Available-for-Sale Securities (Tables)
12 Months Ended
Mar. 31, 2023
Tables/Schedules  
Available-for-Sale Securities

Our available-for-sale securities as of March 31, 2023 and 2022, aggregated into classes of securities, were as follows:

 

 

 

As of March 31, 2023

 

 

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

 

$

906,141

 

 

$

-

 

 

$

-

 

 

$

906,141

 

 

$

6,756,993

 

 

$

-

 

 

$

-

 

 

$

6,756,993

 

Corporate bonds

 

 

53,191,981

 

 

 

1,007

 

 

 

(1,554,846

)

 

 

51,638,142

 

 

 

45,561,114

 

 

 

230,085

 

 

 

(637,305

)

 

 

45,153,894

 

Total

 

$

54,098,122

 

 

$

1,007

 

 

$

(1,554,846

)

 

$

52,544,283

 

 

$

52,318,107

 

 

$

230,085

 

 

$

(637,305

)

 

$

51,910,887