Marketable Securities

12 Months Ended

Dec. 31, 2022

Investments, Debt and Equity Securities [Abstract]

Marketable Securities

Note 3. Marketable Securities

Our marketable equity securities are publicly traded stocks measured at fair value using quoted prices for identical assets in active markets and classified as Level 1 within the fair value hierarchy. Marketable equity securities as of December 31, 2022 and December 31, 2021 are as follows:

	Cost		Cost of Shares Sold			Gross Unrealized Gain (Loss)			Fair Value
Marketable equity securities, December 31, 2022	$	2,976,933	$	(2,915,813	)	$	(56,830	)	$	4,290
Marketable equity securities, December 31, 2021	$	4,766,349	$	(1,246,708	)	$	(1,387,590	)	$	2,132,051

During the year ended December 31, 2022 and 2021, the Company sold 8,759,094 shares and 1,064,935 shares, respectively, of Borqs shares for approximately $2.3 million and $728 thousand, respectively. The Company realized a net loss of $350 thousand and $307 thousand related to the sale of marketable securities for the year ended December 31, 2022, respectively. The net loss is included within "Realized gain (loss) on securities" within our consolidated statements of operations.