LOM 2023 Annual Report - Report - Page 46
LOM
2021 ANNUAL REPORT
3. SECURITIES OWNED AND FAIR VALUE MEASUREMENTS CONTINUED
Fair Value Measurements at December 31, 2020
Description
Level 1
Level 2
Level 3
Total
$119
$64
-
$183
Energy
-
-
$200,000
$200,000
Media
-
-
$1,786,659
$1,786,659
Technology
-
$1,423,205
$541,444
$1,964,649
$2,394
$484,887
$75,845
$563,126
-
$76,866
-
$76,866
Other
$386,295
$7,202
$75,000
$468,497
Total Equity Securities
$388,808
$1,992,224
$2,678,948
$5,059,980
Gold
$406,694
-
-
$406,694
Total Assets
$795,502
$1,992,224
$2,678,948
$5,466,674
Gold
$4,277
-
-
$4,277
Total Liabilities
$4,277
-
-
$4,277
Assets
Equity Securities
Consumer staples
Mining
Medical
Commodities
Liabilities
The following is a reconciliation of the beginning and ending balances for the Company’s assets measured at fair
value on a recurring basis using significant unobservable inputs (Level 3) during the year ended December 31, 2021
and 2020:
Assets
2021
2020
$2,678,948
$4,257,009
-
($100,119)
$559,856
$87,199
Sales
-
($1,991,818)
Net change in realized gains
-
$764,347
Net change in unrealized (losses)/gains
($468,046)
($337,670)
Balance, December 31
$2,770,758
$2,678,948
Change in unrealized (losses)/gains relating to investments still held at December 31
($468,046)
($337,670)
Balance, January 1
Transfers from level 3 to level 1
Purchases
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