Cash, Cash Equivalents, and Restricted Cash

12 Months Ended

Dec. 31, 2022

Cash and Cash Equivalents [Abstract]

Cash, Cash Equivalents, and Restricted Cash

Note 3 -- Cash, Cash Equivalents, and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the Company’s consolidated balance sheets that sum to the total of the same such amounts shown in the consolidated statements of cash flows.

	December 31,
	2022		2021
Cash and cash equivalents	$	234,863	$	628,943
Restricted cash		2,900		2,400
Total	$	237,763	$	631,343

At December 31, 2022, $175,331 or 74.7% of the Company’s cash and cash equivalents were deposited at four national banks and included $15,796 with two custodians. At December 31, 2021, $527,294 or 83.8% of the Company’s cash and cash equivalents were deposited at six national banks and included $181,390 with two custodians. At December 31, 2022 and 2021, the Company’s cash deposits at any one bank generally exceed the Federal Deposit Insurance Corporation’s $250 coverage limit for insured deposit accounts.