2024

2023

As of December 31,

2024

2023

Fair value of investment in marketable securities at the beginning of year

$

20,171

$

16,687

Transfer to non-marketable security

(1,500

)

-

Unrealized holding (loss) gain

(5,018

)

3,493

Exchange rate effect

84

(9

)

Fair value of investment in marketable securities at the end of year

$

13,737

$

20,171