Quarterly report pursuant to Section 13 or 15(d)

Marketable Securities

v3.22.2.2
Marketable Securities
9 Months Ended
Oct. 01, 2022
Marketable Securities [Abstract]  
Marketable Securities

Note 9: Marketable Securities

Marketable securities as of October 1, 2022 and January 1, 2022 consist of the following (in $000’s, except shares):

 

 

 

Shares

 

Amount

 

Beginning balance, January 1, 2022

 

 

 

$

 

Securities received

 

 

30,000,000

 

 

946

 

Mark-to-market

 

 

 

 

(646

)

Ending balance, October 1, 2022

 

 

30,000,000

 

$

300

 

 

Marketable securities reflect shares of SPYR stock received by the Company in connection with the sale of GeoTraq (see Note 24). Shares held are marked to fair market value as of each balance sheet date, with the resulting change recorded as an unrealized gain or loss. Unrealized loss recorded for the 13 weeks and 39 weeks ended October 1, 2022 was approximately $270,000 and $646,000, respectively.