Quarterly report pursuant to Section 13 or 15(d)

SHORT-TERM INVESTMENTS

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SHORT-TERM INVESTMENTS
 6 Months Ended
Jun. 30, 2020
Investments, Debt and Equity Securities [Abstract]  
SHORT-TERM INVESTMENTS

NOTE 2 – SHORT-TERM INVESTMENTS

 

The following table summarizes the available-for-sale debt securities held:

 

SCHEDULE OF AVAILABLE-FOR-SALE DEBT SECURITIES HELD

Description   June 30, 2020     December 31, 2019  
U.S. government and agency securities and treasuries   $ 93,337,000     $        -  

 

The amortized cost of the available-for-sale debt securities, which is adjusted for amortization of premiums and accretion of discounts to maturity, was $93,204,000 as of June 30, 2020. There were no material realized gains or losses recognized on the sale or maturity of available-for-sale debt securities during the six months ended June 30, 2020 or 2019.