Quarterly report [Sections 13 or 15(d)]

Futures trading

v3.26.1
Futures trading
6 Months Ended
Jun. 30, 2026
Futures Trading  
Futures trading

Note 10 - Futures trading

 

During the quarter ended June 30, 2026, the Company entered into a limited number of exchange-traded futures contracts on a trial basis to evaluate the effectiveness of such investments as part of its treasury strategy. The activity was limited in scope, and all positions were closed prior to quarter end. Accordingly, the Company held no futures contracts at June 30, 2026. Based on management’s evaluation, the Company has discontinued this activity and does not expect futures contracts to be part of its investment strategy going forward.

 

Altogether, the Company contributed $5,000 to futures trading. Realized net gains on futures trading of $116, offset by futures trading expenses of ($185), resulted in a final cash balance of $4,931 at June 30, 2026, net, as follows:

 

Type   Initial Cash    

Realized

Gain

    Trading Expenses     Ending Cash  
Futures trading   $ 5,000     $ 116     $ (185 )   $ 4,931