XML 34 R24.htm IDEA: XBRL DOCUMENT
v3.22.1

Short-Term Investments (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2022
Investments Debt And Equity Securities [Abstract] |
Summary of Short-Term Investments by Significant Investment Category | The Company’s short-term investments by significant investment category as of March 31, 2022, are as follows:
Description |  | Amortized Cost |  |  |  |  | Gross Unrealized Gains |  |  | Gross Unrealized Losses |  |  |  |  | Accrued Interest |  |  | Estimated Fair Value |
Level 1: (1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash alternatives |  | $ | 2,562,408 |  |  |  |  | $ | - |  |  | $ | - |  |  |  |  | $ | - |  |  | $ | 2,562,408 |
Certificates of deposit |  |  | 579,176 |  |  |  |  |  | - |  |  |  | 4,679 |  |  |  |  |  | 795 |  |  |  | 575,292 |
Corporate bonds and notes |  |  | 3,172,170 |  |  |  |  |  | - |  |  |  | 7,450 |  |  |  |  |  | 23,685 |  |  |  | 3,188,405 |
Municipal Securities |  |  | 7,172,218 |  |  |  |  |  | - |  |  |  | 4,927 |  |  |  |  |  | 47,014 |  |  |  | 7,214,305 |
|  | $ | 13,485,972 |  |  |  |  | $ | - |  |  | $ | 17,056 |  |  |  |  | $ | 71,494 |  |  | $ | 13,540,410 |
The Company’s short-term investments by significant investment category as of December 31, 2021, are as follows:
Description |  | Amortized Cost |  |  |  |  | Gross Unrealized Gains |  |  | Gross Unrealized Losses |  |  |  |  | Accrued Interest |  |  | Estimated Fair Value |
Level 1: (1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash alternatives |  | $ | 2,172,853 |  |  |  |  | $ | - |  |  | $ | - |  |  |  |  | $ | - |  |  | $ | 2,172,853 |
Certificates of deposit |  |  | 591,968 |  |  |  |  |  | - |  |  |  | 3,294 |  |  |  |  |  | 1,222 |  |  |  | 589,896 |
Corporate bonds and notes |  |  | 4,293,722 |  |  |  |  |  | - |  |  |  | 5,432 |  |  |  |  |  | 46,820 |  |  |  | 4,335,110 |
Municipal Securities |  |  | 7,411,043 |  |  |  |  |  | - |  |  |  | 2,334 |  |  |  |  |  | 29,182 |  |  |  | 7,437,891 |
|  | $ | 14,469,586 |  |  |  |  | $ | - |  |  | $ | 11,060 |  |  |  |  | $ | 77,224 |  |  | $ | 14,535,750 |
| (1) | Level 1 fair value estimates are based on quoted prices in active markets for identical assets or liabilities.

X
- Definition Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -URI http://asc.fasb.org/topic&trid=2196928 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration