| Schedule of hierarchy of level 1, level 2 and level 3 assets |
The
hierarchy of Level 1, Level 2 and Level 3 Assets are listed as following:
Schedule
of hierarchy of level 1, level 2 and level 3 assets
| |
|
Unadjusted Quoted Market Prices |
|
|
Quoted Prices for Identical or Similar Assets in Active Markets |
|
|
Significant Unobservable Inputs |
|
|
Significant Unobservable Inputs |
|
|
Significant Unobservable Inputs |
|
| |
|
|
|
|
|
|
|
|
|
|
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 |
|
|
|
|
|
Contractual interest Legal Recovery |
|
|
Investment in Common Stock Warrants |
|
|
Other Equity Investments |
|
| Balance at December 31, 2019 |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
346,195 |
|
|
$ |
5,669 |
|
|
$ |
204,028 |
|
| Total gains or losses |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Included in earnings (or changes in net assets) |
|
|
(10,292 |
) |
|
|
- |
|
|
|
- |
|
|
|
(4,669 |
) |
|
|
- |
|
| Purchases, issuances, sales, and settlements |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Purchases |
|
|
83,536 |
|
|
|
- |
|
|
|
50,717 |
|
|
|
- |
|
|
|
- |
|
| Issuances |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Sales |
|
|
(38,418 |
) |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Settlements |
|
|
- |
|
|
|
- |
|
|
|
(15,383 |
) |
|
|
- |
|
|
|
- |
|
| Balance at December 31, 2020 |
|
$ |
34,826 |
|
|
$ |
- |
|
|
$ |
381,529 |
|
|
$ |
1,000 |
|
|
$ |
204,028 |
|
| Beginning balance |
|
$ |
34,826 |
|
|
$ |
- |
|
|
$ |
381,529 |
|
|
$ |
1,000 |
|
|
$ |
204,028 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total gains or losses |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Included in earnings (or changes in net assets) |
|
|
(9000 |
) |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Purchases, issuances, sales, and settlements |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Purchases |
|
|
38,470 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Issuances |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Sales |
|
|
(42,913 |
) |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Settlements |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Balance at September 30, 2021 |
|
$ |
21,383 |
|
|
$ |
- |
|
|
$ |
381,529 |
|
|
$ |
1,000 |
|
|
$ |
204,028 |
|
| Ending balance |
|
$ |
21,383 |
|
|
$ |
- |
|
|
$ |
381,529 |
|
|
$ |
1,000 |
|
|
$ |
204,028 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of amortized costs, gross unrealized holding gains and losses, and fair values of investment securities |
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 September 30, 2021 consists of the following:
Schedule
of amortized costs, gross unrealized holding gains and losses, and fair values of investment securities
| Type |
|
Amortized Costs |
|
|
Gross Unrealized Gains |
|
|
Gross Unrealized Losses |
|
|
Fair Values |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| NASDAQ listed company stock |
|
$ |
38,470 |
|
|
$ |
17,087 |
|
|
$ |
- |
|
|
$ |
21,383 |
|
| |
|
$ |
38,470 |
|
|
$ |
17,087 |
|
|
$ |
- |
|
|
$ |
21,383 |
|
|
| Schedule of portion of unrealized gains and losses related to equity securities |
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
| |
|
2021 |
|
|
2020 |
|
|
2021 |
|
|
2020 |
|
| |
|
Three Months Ended September 30, |
|
|
Nine Months Ended
September 30, |
|
| |
|
2021 |
|
|
2020 |
|
|
2021 |
|
|
2020 |
|
| Net gains and losses recognized during the period on equity securities |
|
$ |
(2,427 |
) |
|
$ |
(2,758 |
) |
|
$ |
9,001 |
|
|
$ |
(3,507 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Less: Net gains (losses) recognized during the period on equity securities sold during the period |
|
|
- |
|
|
|
- |
|
|
|
(2,508 |
) |
|
|
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Unrealized gains and losses recognized during the reporting period on equity securities still held at the reporting date |
|
$ |
(2,427 |
) |
|
$ |
(2,758 |
) |
|
$ |
(6,493 |
) |
|
$ |
(3,507 |
) |
|