FINANCIAL INSTRUMENTS

12 Months Ended

Dec. 31, 2021

Investments, All Other Investments [Abstract]

FINANCIAL INSTRUMENTS

NOTE 6 – FINANCIAL INSTRUMENTS

Cash, Cash Equivalents and Marketable Securities

The following tables show the Company’s cash and marketable securities by significant investment category as of December 31, 2021 and December 31, 2020:

	2021
	Adjusted Cost		Unrealized Gain		Fair Value		Cash and Cash Equivalents		Restricted Cash		Marketable Securities		Notes Receivable		Investments
Cash	$	50,286,000	$	-	$	50,286,000	$	50,286,000	$	-	$	-	$	-	$	-
Restricted Cash		-		-		-		-		-		-		-		-
Level 1
Money Market Funds		6,309,000		-		6,309,000		6,309,000		-		-		-		-
Marketable Securities		12,993,000		1,544,000		14,537,000		-		-		14,537,000		-		-
Level 2
Warrants		3,318,000		-		3,318,000		-				-		-		3,318,000
Convertible securities		1,023,000		-		1,023,000		-		-		-		-		1,023,000
Total	$	73,929,000	$	1,544,000	$	75,473,000	$	56,595,000	$	-	$	14,537,000	$	-0	$	4,341,000

	2020
	Adjusted Cost		Unrealized Gain/(Loss)		Fair Value		Cash and Cash Equivalents		Current Marketable Securities		Investment
Cash and cash equivalents	$	1,690,000	$	-	$	1,690,000	$	1,690,000	$	-	$	-
Level 1
Money Market Funds		3,493,000		-		3,493,000		3,493,000		-		-
Marketable Securities		5,641,000		3,495,000		9,136,000		-		9,136,000		-
Level 2
Warrants		700,000		356,000		1,056,000		-		-		1,056,000
Total	$	11,524,000	$	3,851,000	$	15,375,000	$	5,183,000	$	9,136,000	$	1,056,000

The Company typically invests with the primary objective of minimizing the potential risk of principal loss. The Company’s investment policy generally requires securities to be investment grade and limits the amount of credit exposure to any one issuer. Fair values were determined for each individual security in the investment portfolio.