Red Cat Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 3 ??? Marketable Securities

Note 3 – Marketable Securities

3 Months Ended

Jul. 31, 2022

Investments, Debt and Equity Securities [Abstract]

Note 3 – Marketable Securities

Note 3 – Marketable Securities

The following tables set forth information related to our marketable securities as of July 31, 2022:

I.	Cost, unrealized gains or losses, and fair values

		Cost				Unrealized Gains (Losses)				Fair Value
Asset-backed securities		$	2,504,563			$	(35,324	)		$	2,469,239
Corporate bonds			35,544,776				(1,305,388	)			34,239,388
Total		$	38,049,339			$	(1,340,712	)		$	36,708,627

II.	Contractual Maturities

		One Year or Less				One to Five Years				Over Five Years				Total
Asset-backed securities		$	—			$	2,469,239			$	—			$	2,469,239
Corporate bonds			16,876,795				16,804,473				558,120				34,239,388
Total		$	16,876,795			$	19,273,712			$	558,120			$	36,708,627

III.	Fair Value Hierarchy

		Level 1				Level 2				Level 3				Total
Asset-backed securities		$	—			$	2,469,239			$	—			$	2,469,239
Corporate bonds			—				34,239,388				—				34,239,388
Total		$	—			$	36,708,627			$	—			$	36,708,627