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Investments (Tables)
12 Months Ended
Sep. 30, 2020
Held To Maturity Securities Classified [Abstract]  
Summary of Short-term, Long-term Investments and Marketable Securities

The following tables summarize the Company’s short-term, long-term investments and marketable securities as of September 30, 2020 and September 30, 2019 by measurement category.

 

Held to Maturity

 

As of September 30, 2020

 

 

 

 

 

 

 

Amortized

Cost

 

 

Gross

Unrealized

Gains

 

 

Gross

Unrealized

Losses

 

 

Fair Value

 

 

 

 

 

Commercial notes (due within one year)

 

$

86,889,751

 

 

$

1,589,873

 

 

$

-

 

 

$

88,479,624

 

 

 

 

 

Commercial notes (due within one through three years)

 

$

137,486,883

 

 

$

4,573,964

 

 

$

(79,471

)

 

$

141,981,376

 

 

 

 

 

Total

 

$

224,376,634

 

 

$

6,163,837

 

 

$

(79,471

)

 

$

230,461,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of September 30, 2019

 

 

 

 

 

 

 

Amortized

Cost

 

 

Gross

Unrealized

Gains

 

 

Gross

Unrealized

Losses

 

 

Fair Value

 

 

 

 

 

Commercial notes (due within one year)

 

$

36,899,894

 

 

$

222,584

 

 

$

-

 

 

$

37,122,478

 

 

 

 

 

Commercial notes (due within one through three years)

 

$

44,175,993

 

 

$

875,258

 

 

$

-

 

 

$

45,051,251

 

 

 

 

 

Total

 

$

81,075,887

 

 

$

1,097,842

 

 

$

-

 

 

$

82,173,729

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair Value

 

As of September 30, 2020

 

 

 

 

 

 

 

Amortized

Cost

 

 

Realized Gains/(Losses)

 

 

Gross

Unrealized

Gains

 

 

Gross

Unrealized

Losses

 

 

Fair Value

 

Marketable securities

 

$

85,000,000

 

 

$

94,734

 

 

$

-

 

 

$

(75,015

)

 

$

85,019,719

 

Total

 

$

85,000,000

 

 

$

94,734

 

 

$

-

 

 

$

(75,015

)

 

$

85,019,719