|
2. Marketable securities
Assets and liabilities measured at fair
value on a recurring basis based on Level 1 and Level 2 fair value measurement criteria as of June 30, 2023 and December 31, 2022
are as follows:
| Schedule of fair value marketable securities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
Fair Value Measurements Using |
|
|
| |
|
Balance as of
June 30, 2023 |
|
Quoted Prices in
Active Markets for
Identical Assets
(Level 1) |
|
Significant Other
Observable Inputs
(Level 2) |
|
Significant
Nonobservable Inputs
(Level 3) |
| Marketable securities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Corporate Bonds |
|
$ |
1,451,161 |
|
|
$ |
— |
|
|
$ |
1,451,161 |
|
|
$ |
— |
|
| Certificates of Deposits |
|
|
496,235 |
|
|
|
— |
|
|
|
496,235 |
|
|
|
— |
|
| Total marketable securities |
|
$ |
1,947,396 |
|
|
$ |
— |
|
|
$ |
1,947,396 |
|
|
$ |
— |
|
| |
|
|
|
Fair Value Measurements Using |
|
|
| |
|
Balance as of
December 31, 2022 |
|
Quoted Pricesin
Active Markets for
Identical Assets
(Level 1) |
|
Significant Other
Observable Inputs
(Level 2) |
|
Significant
Nonobservable Inputs
(Level 3) |
| Marketable securities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Corporate Bonds |
|
$ |
2,436,333 |
|
|
$ |
— |
|
|
$ |
2,436,333 |
|
|
$ |
— |
|
| Certificates of Deposits |
|
|
491,185 |
|
|
|
— |
|
|
|
491,185 |
|
|
|
— |
|
| Total marketable securities |
|
$ |
2,927,518 |
|
|
$ |
— |
|
|
$ |
2,927,518 |
|
|
$ |
— |
|
The Company’s investments in corporate
bonds, commercial paper and certificates of deposits are measured based on quotes from market makers for similar items in active
markets.
|