Investments

9 Months Ended

Sep. 30, 2021

Investments [Abstract]

Investments

Note 2. Investments

The Company has investments in commercial paper, Treasury Bills, and common equity securities of a private U.S. company. The commercial paper investment is in U.S. debt with ratings of A-1+, P-1, and F1+. The Treasury Bills have remaining terms ranging from one month to five months at September 30, 2021. 

The Company classifies its investments in commercial paper and Treasury Bills as available-for-sale, accounted for at fair value with unrealized gains and losses recognized in accumulated other comprehensive gain on the balance sheet.

The cost and estimated fair value of the Company’s investments are as follows:

	Cost		Gross unrealized gain		Gross unrealized loss			Fair value
September 30, 2021
Commercial Paper	$	1,420	$	0	$	0		$	1,420
Treasury Bills		7,999		0		0			7,999
Equity Securities		54		0		(12	)		42
		9,473		0		(12	)		9,461
Less Cash Equivalents		4,420		0		0			4,420
Total Investments, September 30, 2021	$	5,053	$	0	$	(12	)	$	5,041
December 31, 2020
Commercial Paper	$	718	$	0	$	0		$	718
Treasury Bills		7,998		1		0			7,999
Equity Securities		54		0		(12	)		42
		8,770		1		(12	)		8,759
Less Cash Equivalents		718		0		0			718
Total Investments, December 31, 2020	$	8,052	$	1	$	(12	)	$	8,041