v3.26.1
Investments in US Treasury Notes
12 Months Ended
Dec. 31, 2025
Investments in US Treasury Notes  
Investments in US Treasury Notes

14. Investments in US Treasury Notes

 

The table below provides the components of investments in US treasury notes held to maturity at amortized cost and fair value at December 31, 2025 and 2024.

 

December 31, 2025

 

 

Amortized Cost

 

 

Gross

Unrealized

gains

 

 

Gross

Unrealized

losses

 

 

Fair value

 

US treasury notes, current

 

$27,679,881

 

 

$241,470

 

 

$(48,351)

 

$27,873,000

 

US treasury notes, non-current

 

$27,651,843

 

 

$554,348

 

 

$(106,191)

 

$28,100,000

 

Total

 

$55,331,724

 

 

$795,818

 

 

$(154,542)

 

$55,973,000

 

 

December 31, 2024

US treasury notes, current

 

$7,775,193

 

 

$34,503

 

 

$(3,696)

 

$7,806,000

 

US treasury notes, non-current

 

$7,208,930

 

 

$86,303

 

 

$(14,233)

 

$7,281,000

 

Total

 

$14,984,123

 

 

$120,806

 

 

$(17,929)

 

$15,087,000

 

 

Fair value of investments in US treasury notes is determined using Level 1 inputs.

 

The maturity dates for the US treasury notes as of December 31, 2025 are as follows:

 

Maturity

 

Amortized Cost

 

Due within one year

 

$27,679,881

 

Due one year to five years

 

$27,651,843

 

Total

 

$55,331,724