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Investments (Tables)
3 Months Ended
Dec. 31, 2019
Held To Maturity Securities Classified [Abstract]  
Summary of Short-term and Long-term Investments

The following tables summarize the Company’s short-term and long-term investments as of December 31, 2019, and September 30, 2019.

 

 

 

As of December 31, 2019

 

 

 

Amortized

Cost

 

 

Gross

Unrealized

Gains

 

 

Gross

Unrealized

Losses

 

 

Fair Value

 

Commercial notes (due within one year)

 

$

40,969,341

 

 

$

362,500

 

 

$

 

 

$

41,331,841

 

Commercial notes (due within two years)

 

$

26,329,098

 

 

$

626,503

 

 

$

 

 

$

26,955,601

 

Total

 

$

67,298,439

 

 

$

989,003

 

 

$

 

 

$

68,287,442

 

 

 

 

As of September 30, 2019

 

 

 

Amortized

Cost

 

 

Gross

Unrealized

Gains

 

 

Gross

Unrealized

Losses

 

 

Fair Value

 

Commercial notes (due within one year)

 

$

36,899,894

 

 

$

222,584

 

 

$

 

 

$

37,122,478

 

Commercial notes (due within three years)

 

$

44,175,993

 

 

$

875,258

 

 

$

 

 

$

45,051,251

 

Total

 

$

81,075,887

 

 

$

1,097,842

 

 

$

 

 

$

82,173,729