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MARKETABLE SECURITIES
 9 Months Ended
Sep. 30, 2024
Marketable Securities  
MARKETABLE SECURITIES

NOTE F – MARKETABLE SECURITIES

Marketable securities as of September 30, 2024 and December 31, 2023 were composed of the following: 

                    
   September 30, 2024 
  

Cost
Basis

  

Unrealized
Gains

  

Unrealized Losses

  

Fair Value

 
                     
Certificates of deposit  $755,000   $13,000   $—   $768,000 
Government securities   16,919,000    158,000    (8,000)   17,069,000 
Fixed income mutual funds   8,608,000    251,000    —    8,859,000 
Corporate bonds and notes   502,000    3,000    —    505,000 
Total marketable securities  $26,784,000   $425,000   $(8,000)  $27,201,000 

 

   December 31, 2023 
  

Cost
Basis

  

Unrealized
Gains

  

Unrealized
Losses

  

Fair Value

 
                     
Certificates of deposit  $6,112,000   $—   $(35,000)  $6,077,000 
Government securities   14,701,000    127,000    (10,000)   14,818,000 
Fixed income mutual funds   7,585,000    91,000    —    7,676,000 
Total marketable securities  $28,398,000   $218,000   $(45,000)  $28,571,000 

 

 

The Company’s marketable securities are classified within Level 1 of the fair value hierarchy because they are valued using quoted market prices in an active market.