| Schedule of Marketable Securities |
This includes basing value on
yields currently available on comparable securities of issuers with similar credit ratings.
| |
|
2015 |
|
| |
|
|
|
|
Accrued |
|
|
Unrealized |
|
|
Unrealized |
|
|
Fair |
|
| |
|
Cost |
|
|
Income |
|
|
Gains |
|
|
Losses |
|
|
Value |
|
| Level 2: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Money market funds |
|
$ |
750 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
750 |
|
| Certificates of deposits |
|
|
2,050,000 |
|
|
|
8,584 |
|
|
|
- |
|
|
|
(135 |
) |
|
|
2,058,449 |
|
| Corporate securities |
|
|
1,528,308 |
|
|
|
4,934 |
|
|
|
- |
|
|
|
(5,918 |
) |
|
|
1,527,324 |
|
| Municipal securities |
|
|
438,003 |
|
|
|
756 |
|
|
|
- |
|
|
|
(178 |
) |
|
|
438,581 |
|
| Total Level 2: |
|
|
4,017,061 |
|
|
|
14,274 |
|
|
|
- |
|
|
|
(6,231 |
) |
|
|
4,025,104 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total: |
|
$ |
4,017,061 |
|
|
$ |
14,274 |
|
|
$ |
- |
|
|
$ |
(6,231 |
) |
|
$ |
4,025,104 |
|
| |
|
Cost |
|
|
Accrued Income |
|
|
2014
Unrealized Gains
|
|
|
Unrealized Losses |
|
|
Fair Value |
|
| Level 2: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Money market funds |
|
$ |
1,795 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
1,795 |
|
| US agency securities |
|
|
297,699 |
|
|
|
360 |
|
|
|
- |
|
|
|
(141 |
) |
|
|
297,918 |
|
| Certificates of deposits |
|
|
3,430,000 |
|
|
|
10,653 |
|
|
|
- |
|
|
|
(11,236 |
) |
|
|
3,429,417 |
|
| Corporate securities |
|
|
1,528,308 |
|
|
|
5,037 |
|
|
|
- |
|
|
|
(6,631 |
) |
|
|
1,526,714 |
|
| Municipal securities |
|
|
4,008,811 |
|
|
|
2,422 |
|
|
|
- |
|
|
|
(2,116 |
) |
|
|
4,009,117 |
|
| Total Level 2: |
|
|
9,266,613 |
|
|
|
18,472 |
|
|
|
- |
|
|
|
(20,124 |
) |
|
|
9,264,961 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total: |
|
$ |
9,266,613 |
|
|
$ |
18,472 |
|
|
$ |
- |
|
|
$ |
(20,124 |
) |
|
$ |
9,264,961 |
|
|
| Schedule of Available Sale Securities Maturity |
As of December 31, 2015, investments
in U.S. agency securities, corporate securities and municipal securities classified as available for sale mature as follows:
| Within |
|
|
|
|
|
After |
|
| 1 Year |
|
|
1 - 5 Years |
|
|
10 Years |
|
| |
|
|
|
|
|
|
|
|
|
|
| $ |
294,622 |
|
|
$ |
3,630,455 |
|
|
$ |
100,027 |
|
|