| 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:
Schedule of hierarchy of level 1, level 2 and level 3 assets
| |
|
(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 |
|
| Beginning balance |
|
|
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 |
|
| Ending balance |
|
$ |
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:
Schedule of Investment Securities at Fair Value
| 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:
Schedule of portion of unrealized gains and losses related to equity securities
| |
|
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 |
) |
|