Marketable Securities

9 Months Ended

Sep. 28, 2024

Marketable securities in connection with SPYR’s acquisition of GeoTraq consist of the following (in $000’s, except shares):


	Series G Convertible Preferred Shares		Common Shares Equivalent	Amount
Beginning Balance, December 30, 2023	9,224		952,442,000	$	286
Securities received	8,469		846,900,000	84
Mark-to-market	—		—	(190)
Ending Balance, March 30, 2024	17,693		1,799,342,000	180
Securities received	25,407		25,407,000,000	434
Mark-to-market	—		—	(180)
Ending Balance, June 29, 2024	43,100		27,206,342,000	$	434
Write off of marketable securities				(434)

Ending Balance, September 28, 2024	—	—	—	$	—

During the three months ended September 28, 2024, the Company was notified that SPYR Technologies, Inc. (“SPYR”) had ceased operations, and that no future quarterly interest payments on the promissory note, which may be remitted in either restricted shares of common stock or restricted shares of Series G Convertible Preferred Stock of SPYR, or in cash, would be made. Consequently, the Company has recorded a full write-off of approximately $434,000 of its Series G Convertible Preferred shares of SPYR.