Annual report pursuant to Section 13 and 15(d)

Marketable Securities

v3.23.1
Marketable Securities
12 Months Ended
Dec. 31, 2022
Marketable Securities [Abstract]  
Marketable Securities

Note 10: Marketable Securities

Marketable securities 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

 

 

 

 

(631

)

Ending balance, December 31, 2022

 

 

30,000,000

 

$

315

 

Marketable securities reflect shares of SPYR stock received by the Company in connection with the sale of GeoTraq (see Note 27 below). 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 year ended December 31, 2022 was approximately $631,000. No unrealized gain or loss on marketable securities was recorded for the year ended January 1, 2022.