Quarterly report pursuant to Section 13 or 15(d)

Marketable Securities

v3.20.1
Marketable Securities
3 Months Ended
Mar. 31, 2020
Investments, Debt and Equity Securities [Abstract]  
Marketable Securities
3. Marketable Securities
Marketable securities at March 31, 2020 consisted of the following:
 
Marketable Securities
  
Amortized Cost
    
Unrealized

Gains
    
Unrealized

Losses
    
Fair Value
 
Current:
           
U.S. Treasury securities
   $ 6,009,695      $ 9,199      $  —        $ 6,018,894  
The Company held no marketable securities as of December 31, 2019.
U.S. Treasury securities include government debt instruments issued by the U.S. Department of the Treasury. At March 31, 2020, the Company held only investments that have maturities of less than one year and no securities were in an unrealized loss position.