Quarterly report pursuant to Section 13 or 15(d)

Investments in Equity Securities

v3.22.1
Investments in Equity Securities
3 Months Ended
Mar. 31, 2022
Investments, Debt and Equity Securities [Abstract]  
Investments in Equity Securities Investments in Equity Securities
Investment securities—fair value consist of investments in the Company’s investment in shares and rights of equity securities. The composition of the Company’s investment securities—fair value was as follows (in thousands):
As of March 31, 2022
Cost Fair Value
Investments in equity securities- fair value
Equity shares $ 47,841  $ 272 
Equity rights 11,064  63 
Total investments in equity securities- fair value $ 58,905  $ 335 
For the three months ended March 31, 2022 and 2021, the Company recognized a net unrealized loss on equity securities of $1.5 million and zero, respectively, in the other income/expense section of the condensed consolidated statements of operations.