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Fair Value of Financial Instruments
 3 Months Ended
Mar. 31, 2025
Fair Value of Financial Instruments  
Fair Value of Financial Instruments

6. Fair Value of Financial Instruments

 

During the three months ended March 31, 2025 and 2024, there were no reclassifications in financial assets or liabilities between Level 1, 2 or 3 categories.

 

The following is a listing of Solitario’s financial assets and liabilities required to be measured at fair value on a recurring basis and where they are classified within the hierarchy as of March 31, 2025:

 

(in thousands)

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

Short-term investments

 

$3,973

 

 

$-

 

 

$-

 

 

$3,973

 

Marketable equity securities

 

$1,706

 

 

$-

 

 

$-

 

 

$1,706

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Kinross calls

 

$273

 

 

$-

 

 

$-

 

 

$273

 

 

The following is a listing of Solitario’s financial assets and liabilities required to be measured at fair value on a recurring basis and where they are classified within the hierarchy as of December 31, 2024:

 

(in thousands)

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

Short-term investments

 

$4,523

 

 

$-

 

 

$-

 

 

$4,523

 

Marketable equity securities

 

$1,322

 

 

$-

 

 

$-

 

 

$1,322

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Kinross calls

 

$67

 

 

$-

 

 

$-

 

 

$67