Quarterly report pursuant to Section 13 or 15(d)

Investments (Tables)

v3.21.2
Investments (Tables)
 6 Months Ended
Jun. 30, 2021
Investments [Abstract]  
Schedule of Short-term Investment As of June 30, 2021, our re-measurement resulted in an unrealized gain of $2,501,600 and is included within “Unrealized gain on convertible debt security”.

 

 

 

June 30, 2021

 

 

 

(Unaudited)

 

Convertible note

 

$

7,588,538

 

End of period

 

$

7,588,538

 

 

 

 

 

June 30, 2021

 

 

 

(Unaudited)

 

Beginning of year

 

 

-

 

Investment in convertible debt security

 

$

5,000,000

 

Accrued interest income on convertible debt security

 

 

86,938

 

Unrealized gain on convertible debt security

 

 

2,501,600

 

End of period

 

$

7,588,538

 
Schedule of Long-term Investment

Long-term investments as of June 30, 2021 consist of the following:

 

 

 

 

 

 

 

 

 

June 30, 2021

 

 

 

 

(Unaudited)

 

 

LMF Acquisition Opportunities Inc. warrants

 

$

2,295,200

 

 

End of period

 

$

2,295,200

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2021

 

 

 

 

(Unaudited)

 

 

Beginning of year

 

$

-

 

 

Investments in affiliate

 

 

5,738,000

 

 

Unrealized loss on investment in affiliate

 

 

(3,442,800

)

 

End of period

 

$

2,295,200

 

 

 

 

 

 

 

 
Summary of Investment in Unconsolidated Affiliates

 

 

 

June 30, 2021

 

 

 

 

(Unaudited)

 

 

LMF Acquisition Opportunities Inc. common stock

 

$

4,615,583

 

 

End of period

 

$

4,615,583

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2021

 

 

 

 

(Unaudited)

 

 

Beginning of year

 

$

25,000

 

 

Unrealized gain on initial investment in affiliate

 

 

4,590,583

 

 

End of period

 

$

4,615,583

 

 

 

 

 

 

 

 

The net unrealized gain on securities from the Company’s investment in LMAOs Class B shares and warrants totaled $0.5 million and $1.1 million, respectively for the Three and Six Months ended June 30, 2021.