Summary of Short and Long-term Investments |
The following tables summarize the Company’s short and long-term investments as of March 31, 2014, and September 30, 2013.
|
As of March 31, 2014 |
|
|
Amortized Cost |
|
|
Gross Unrealized Gains |
|
|
Gross Unrealized Losses |
|
|
Fair Value |
|
Commercial notes (due within one year) |
$ |
17,798,475 |
|
|
$ |
— |
|
|
$ |
(115,181 |
) |
|
$ |
17,683,294 |
|
Commercial notes (due after one year through two years) |
$ |
34,048,359 |
|
|
|
— |
|
|
$ |
(168,195 |
) |
|
$ |
33,880,164 |
|
Total |
$ |
51,846,834 |
|
|
$ |
— |
|
|
$ |
(283,376 |
) |
|
$ |
51,563,458 |
|
|
As of September 30, 2013 |
|
|
Amortized Cost |
|
|
Gross Unrealized Gains |
|
|
Gross Unrealized Losses |
|
|
Fair Value |
|
Commercial notes (due within one year) |
$ |
9,030,261 |
|
|
$ |
7,500 |
|
|
$ |
(39,281 |
) |
|
$ |
8,998,480 |
|
Commercial notes (due after one year through two years) |
$ |
1,702,153 |
|
|
|
— |
|
|
$ |
(2,362 |
) |
|
$ |
1,699,791 |
|
Total |
$ |
10,732,414 |
|
|
$ |
7,500 |
|
|
$ |
(41,643 |
) |
|
$ |
10,698,271 |
|
|