Investments

9 Months Ended

Mar. 31, 2023

Investments

Investments

2.    INVESTMENTS

The following table summarizes the unrealized positions for the held-to-maturity debt securities as of March 31, 2023:

	Amortized cost basis		Gross unrealized gains		Gross unrealized losses		Fair Value
US treasury securities	$	16,994,990	$	—	$	18,864	$	16,976,126
Total	$	16,994,990	$	—	$	18,864	$	16,976,126

The following table summarizes the fair value and amortized cost basis of the held-to-maturity debt securities by contractual maturity as of March 31, 2023:

	Amortized Cost Basis		Fair value
Due within one year	$	12,045,520	$	12,032,385
Due after one year through five years		4,949,470		4,943,741
Total	$	16,994,990	$	16,976,126