All
of the Company’s short-term investments are classified as Level 1 assets as of June 30, 2025 and 2024. Investments measured at
estimated fair value consist of the following as of June 30, 2025 and 2024 (in thousands):
SCHEDULE OF AVAILABLE-FOR-SALE SECURITIES RECONCILIATION
| | |
June 30, 2025 | |
| | |
Cost | | |
Gross Unrealized Gains | | |
Gross Unrealized Losses | | |
Estimated Fair Value | |
| Money market funds | |
$ | 3,877 | | |
$ | - | | |
$ | - | | |
$ | 3,877 | |
| Other short-term investments | |
| 310 | | |
| 2 | | |
| - | | |
| 312 | |
| Other equities - related parties | |
| 4,374 | | |
| - | | |
| (734 | ) | |
| 3,640 | |
| Total short-term investments | |
$ | 8,561 | | |
$ | 2 | | |
$ | (734 | ) | |
$ | 7,829 | |
| | |
June 30, 2024 | |
| | |
Cost | | |
Gross Unrealized Gains | | |
Gross Unrealized Losses | | |
Estimated Fair Value | |
| Money market funds | |
$ | 1,788 | | |
$ | - | | |
$ | - | | |
$ | 1,788 | |
| Other short-term investments | |
| 295 | | |
| 1 | | |
| - | | |
| 296 | |
| Other equities - related parties | |
| 7,394 | | |
| 73 | | |
| - | | |
| 7,467 | |
| Total short-term investments | |
$ | 9,477 | | |
$ | 74 | | |
$ | - | | |
$ | 9,551 | |
|