Investments (Tables)

6 Months Ended

Jun. 30, 2023

Investment [Line Items]

Investments

The following table sets forth the Company’s investments:

	June 30, 2023				December 31, 2022
	Carrying Value		Cost		Carrying Value		Cost
Securrency, Inc.—Series A convertible preferred stock	$	3,588	$	8,112	$	8,488	$	8,112
Securrency, Inc.—Series B convertible preferred stock		5,500		5,500		5,500		5,500
Securrency, Inc.—secured convertible note		8,887		10,000		—		—
Securrency, Inc.—convertible note		13,836		15,000		14,500		15,000
Subtotal—Securrency, Inc.	$	31,811	$	38,612	$	28,488	$	28,612
Fnality International Limited—convertible note		7,879		6,863		6,921		6,863
Other investments		312		250		312		250
	$	40,002	$	45,725	$	35,721	$	35,725

Securrency Inc [Member]

Investment [Line Items]

Summary of Inputs Used in PWERM Approach of Investment

The table below presents the probability ascribed to potential outcomes used in the PWERM, which resulted in the mark-down of the Securrency Series A Shares (classified as Level 3 in the fair value hierarchy). There was no mark-down applied to the Securrency Series B Shares, as they are a senior instrument.

	March 31, 2023
Conversion upon a future equity financing		33.3	%
Redemption upon a corporate transaction		33.3	%
Default		33.4	%

Securrency Convertible Secured Note [Member]

Investment [Line Items]

Summary of Inputs Used in PWERM Approach of Investment

The table below presents the probability ascribed to potential outcomes used in the PWERM (classified as Level 3 in the fair value hierarchy).

	June 30,         2023
Conversion of note upon a future equity financing	50%
Redemption of note upon a corporate transaction	30%
Default	20%
Time to potential outcome (in years)	0.31

Securrency Convertible Note [Member]

Investment [Line Items]

Summary of Inputs Used in PWERM Approach of Investment

The table below presents the probability ascribed to potential outcomes used in the PWERM (classified as Level 3 in the fair value hierarchy) and the time to exit:

	June 30,         2023		December 31,  2022
Conversion of notes upon a future equity financing		50%		60%
Redemption of notes upon a corporate transaction		30%		25%
Default		20%		15%
Time to potential outcome (in years)		0.31		0.33

Fnality Convertible Note [Member]

Investment [Line Items]

Summary of Inputs Used in PWERM Approach of Investment

The table below presents the probability ascribed to potential outcomes used in the PWERM (classified as Level 3 in the fair value hierarchy) and the time to exit:

	June 30,         2023		December 31,    2022
Conversion of note upon a future financing round		95%		85%
Redemption of note upon a change of control		0%		10%
Default		5%		5%
Time to potential outcome (in years)		0.08		0.25