Marketable Investments

3 Months Ended

Mar. 31, 2024

Investments, Debt and Equity Securities [Abstract]

Marketable Investments

Note 3: Marketable Investments

Marketable investments consist of mutual funds. At March 31, 2024 and December 31, 2023, it was determined that none of the marketable investments had an other-than-temporary impairment. At March 31, 2024 and December 31, 2023, all securities were measured as Level 1 instruments of the fair value measurements standard (See Note 7: Fair Value). At March 31, 2024, and December 31, 2023 the Company held $7,647,000 and $7,631,000, respectively, in mutual funds.

Mutual Funds classified as available for sale consisted of:

	March 31, 2024 (in thousands)
Securities	Fair Value		Short-Term Investments
Mutual Funds	$	7,647	$	7,647
Totals	$	7,647	$	7,647

Securities	March 31, 2024 (in thousands)
Net gains and losses recognized during the period on equity securities	$	(92	)
Less: Net gains and losses recognized during the period on equity securities sold during the period		(20	)
Unrealized gains and losses recognized during the reporting period on equity securities still held at the reporting date	$	(72	)

Mutual Funds classified as available for sale consisted of:

	December 31, 2023 (in thousands)
Securities	Fair Value		Short-Term Investments
Mutual Funds	$	7,631	$	7,631
Totals	$	7,631	$	7,631

Securities	March 31, 2023 (in thousands)
Net losses recognized during the period on equity securities	$	290
Less: Net gains and losses recognized during the period on equity securities sold during the period		(87	)
Unrealized gains and losses recognized during the reporting period on equity securities still held at the reporting date	$	203