XML 40 R29.htm IDEA: XBRL DOCUMENT v3.23.1
Long-term Investments (Tables)
12 Months Ended
Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract]  
Schedule Of Long-term investments - debt securities The Company determined the warrants to have a nominal value at inception due to lack of marketability and as of December 31, 2022 due to its bankruptcy.

The Symbiont debt security consisted of the following:

 

 

 

 

 

 

 

December 31, 2022

 

 

December 31, 2021

 

 

 

 

 

 

 

 Symbiont.IO note receivable

$

2,027,178

 

 

$

2,000,000

 

 Accrued interest income on debt securities

 

320,000

 

 

 

27,178

 

 Accrued recovery of legal fees

 

55,364

 

 

 

-

 

 Allowance for losses on debt security

 

(1,052,542

)

 

 

-

 

  End of period

$

1,350,000

 

 

$

2,027,178

 

Schedule of Long-term Investment - equity securities Long-term investments - equity securities" consist of the following:

 

Seastar Medical (formerly LMAO) Warrants

December 31, 2022

 

 

December 31, 2021

 

 

 

 

 

 

 

 Seastar Medical (formerly LMAO) warrants

$

464,778

 

 

$

1,973,413

 

 End of period

$

464,778

 

 

$

1,973,413

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

December 31, 2021

 

 

 

 

 

 

 

 Beginning of year

$

1,973,413

 

 

$

-

 

 Investments in equity securities

 

-

 

 

 

5,738,000

 

 Unrealized gain (loss) on equity securities

 

(1,508,635

)

 

 

(3,764,587

)

 End of period

$

464,778

 

 

$

1,973,413

 

 

 

 

 

 

 

Summary of Investment in Unconsolidated Affiliates

 

December 31, 2022

 

 

December 31, 2021

 

 

 

 

 

 

 

 Seastar Medical Holding Corporation common stock

$

10,608,750

 

 

$

-

 

 Investment in unconsolidated affiliate

 

-

 

 

 

4,676,130

 

 End of period

$

10,608,750

 

 

$

4,676,130

 

 

 

 

 

 

 

 

December 31, 2022

 

 

December 31, 2021

 

 

 

 

 

 

 

 Beginning of year

$

4,676,130

 

 

$

25,000

 

 Unrealized gain on equity investment

 

5,932,620

 

 

 

4,651,130

 

 End of period

$

10,608,750

 

 

$

4,676,130