Marketable Securities

3 Months Ended

Mar. 31, 2022

Investments, Debt and Equity Securities [Abstract]

Marketable Securities

Note 12 - Marketable Securities

The Company’s marketable securities at March 31, 2022 and 2021, consist entirely of certificates of deposit with a financial institution and have maturity dates of 12 months or less.

As the Company views its marketable securities as available to support its current operations and does not have the intent to hold the securities to maturity, it has classified them as available-for-sale. All marketable securities are recorded at their fair value (see Note 13 - Fair Value Measurements) with any unrealized gains or losses (except those related to credit losses) recorded in accumulated other comprehensive income (loss). There were no unrealized gains or losses during the three months ended March 31, 2022 and 2021. Realized gains and losses, including interest earned, are recorded in other non-operating income (expense) on the Condensed Consolidated Statements of Operations and were not material for both the three months ended March 31, 2022 and 2021.

The Company did not record any impairments during the three months ended March 31, 2022 and 2021.