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Correction of Immaterial Error in Previously Issued Financial Statements (Tables)
9 Months Ended
Sep. 30, 2021
Correction of Immaterial Error in Previously Issued Financial Statements  
Schedule of restricted cash

 

 

Period Ended

 

 

 

December 31

 

 

September 30

 

 

 

2020

 

 

2021

 

Cash

 

$2,747,737

 

 

$15,367,821

 

Restricted Cash

 

 

1,210,243

 

 

 

422,949

 

Total

 

 

3,957,980

 

 

 

15,790,770

 

Schedule of restricted funds

 

 

 Year ended

 

 

 

December 31

 

 

 

2020

 

Premium trust funds (1)

 

$1,595,135

 

Assigned to state agencies (2)

 

 

710,000

 

Funds held as collateral (3)

 

 

787,653

 

Total restricted funds

 

$3,092,788

 

 

 

 Year ended

 

 

 

December 31,

 2020

 

Premium trust funds (1)(2)

 

$1,210,243

 

Assigned to state agencies (3)

 

 

998,000

 

Funds held as collateral (4)

 

 

787,653

 

Total restricted funds

 

$2,995,896

 

Schedule of Premium Trust Account Deficiency

Premium Trust Deficiency

 

 

 

 

 

 

September 30, 2021

 

$2,452,835

 

December 31, 2020

 

$1,595,135