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Other Investments

12 Months Ended

Dec. 31, 2022

Other Investments

Other Investments

3. Other Investments

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Short-term investments

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As of December 31, 2022 and 2021, the amortized cost basis of our short-term investments was $nil and $384, respectively. The amortized cost basis approximates fair value at December 31, 2021. Short-term investments at December 31, 2021 were comprised of Australian Government instruments, all of which had maturity dates greater than 90 days but less than one year.

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Other investments

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The Company held 1,333,334 shares of Nusantara Resources Limited (“Nusantara Resources”) during 2021. On September 22, 2021, the shareholders of Nusantara Resources approved a scheme of arrangement whereby PT Indika Mineral Investindo (“Indika”) offered to acquire all issued shares of Nusantara Resources for A$0.35 per share. The transaction closed on October 6, 2021, resulting in Vista receiving $339 upon tendering its Nusantara Resources shares.

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Investments in marketable securities are recorded at fair value in the Consolidated Balance Sheets. Subsequent changes in fair value are recorded in the Consolidated Statements of Income/(Loss) in the period in which they occur.

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The following table summarizes our investments in marketable securities as of December 31, 2022 and 2021.

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​	​	​	​	​	​	​	​
​		December 31, 2022			December 31, 2021		​
Fair value at beginning of period	​	$	—	​	$	293	​
Nusantara Resources shares sold	​	​	—	​	​	(339)	​
Realized gain	​	​	—	​	​	46	​
Fair value at end of period	​	$	—	​	$	—	​

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The entire disclosure for investments in certain debt and equity securities.

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