Annual report [Section 13 and 15(d), not S-K Item 405]

Investments and fair value

v3.25.1
Investments and fair value
12 Months Ended
Dec. 31, 2024
Investments, All Other Investments [Abstract]  
Investments and fair value

Note 10 – Investments and fair value

 

The hierarchy of Level 1, Level 2 and Level 3 Assets are listed as follows:

 

    (Level 1)     (Level 2)     (Level 3)     (Level 3)     (Level 3)  
                Fair Value Measurement Using        
    Unadjusted Quoted Market Prices     Quoted Prices for Identical or Similar Assets in Active Markets     Significant Unobservable Inputs     Significant Unobservable Inputs     Significant Unobservable Inputs  
    (Level 1)     (Level 2)     (Level 3)     (Level 3)     (Level 3)  
    Investment in Securities     Quoted Prices or Inputs     Contractual interest Legal Recovery     Investment in Common Stock Warrants     Other Equity Investments  
Balance at December 31, 2022   $ -     $ -   $ -     $ 675     $ 93,756  
                                         
Total gains or losses                                        
Included in earnings
(or changes in net assets)
    (2,484 )     -       -       -       -  
Purchases, issuances, sales,
and settlements
    -                                  
Purchases     649,847       -       -       -       10,000  
Issuances     -       -       -       -       -  
Sales     -       -       -       -       -  
Settlements     -       -       -       -       -  
Balance at December 31, 2023     647,363     $ -     $ -     $ 675     $ 103,756  
                                         
Total gains or losses                                        
Included in earnings
(or changes in net assets)
    34,989       -       -       -       -  
Purchases, issuances, sales,
and settlements
    -       -       -       -       -  
Purchases     1,420,608       -       -       -       -  
Issuances     -       -       -       -       -  
Sales     (982,478 )     -       -       -       -  
Settlements     -       -       -       -       -  
Balance at December 31, 2024   $ 1,120,482       -       -       675       103,756  

 

 

Mentor Capital, Inc.

Notes to Consolidated Financial Statements

December 31, 2024 and 2023

 

The amortized costs, gross unrealized holding gains and losses, and fair values of the Company’s investment securities classified as equity securities, at fair value, at December 31, 2024 consist of the following:

 

Type  

Amortized

Costs

   

Gross

Unrealized

Gains

   

Gross

Unrealized

Losses

   

Fair

Values

 
NYSE-listed company stock   $ 1,129,353     $ -     $ (8,871 )   $ 1,120,482  

 

The portion of unrealized gains and losses for the period related to equity securities still held at the reporting date is calculated as follows:

 

    2024     2023  
    Year Ended December 31,  
    2024     2023  
Net gains and losses recognized during the period on equity securities   $ 34,989     $ (2,484 )
                 
Less: Net gains (losses) recognized during the period on equity securities sold during the period     41,376       -  
                 
Unrealized gains and losses recognized during the reporting period on equity securities still held at the reporting date   $ (6,387 )   $ (2,484 )