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Investments (Tables)
12 Months Ended
Dec. 31, 2021
Investment [Line Items]  
Investments
The following table sets forth the Company’s investments:
 
    
December 31, 2021
    
December 31, 2020
 
    
Carrying
Value
    
Cost
    
Carrying
Value
    
Cost
 
Securrency, Inc. – Series A convertible preferred stock
   $ 8,488      $ 8,112      $ 8,112      $ 8,112  
Securrency, Inc. – Series B convertible preferred stock
     5,500        5,500        —          —    
    
 
 
    
 
 
    
 
 
    
 
 
 
Subtotal – Securrency, Inc.
   $ 13,988      $ 13,612      $ 8,112      $ 8,112  
Onramp Invest, LLC – Simple Agreement for Future Equity
     250        250        —          —    
    
 
 
    
 
 
    
 
 
    
 
 
 
     $ 14,238      $ 13,862      $ 8,112      $ 8,112  
    
 
 
    
 
 
    
 
 
    
 
 
 
Summary of Inputs Used in Backsolve Valuation Approach of Investment in currency
 
    
Inputs
 
    
June 9,

2021
   
March 8,

2021
 
Expected volatility
     50     55
Time to exit (in years)
     4.75       5.00