Quarterly report pursuant to Section 13 or 15(d)

Marketable Securities

v3.23.1
Marketable Securities
6 Months Ended
Feb. 28, 2023
Marketable Securities  
Marketable Securities

3. Marketable Securities

 

The components of Marketable Securities were as follows:

 

 

 

Cost Basis

 

 

Unrealized Gains

 

 

Unrealized Losses

 

 

Fair Value

 

 

 

 

 

 

 

 

August 31, 2021

 

$ 1,037,025

 

 

$ 16,243

 

 

$ (219,427 )

 

$ 833,841

 

Common stock

 

 

278,107

 

 

 

118,196

 

 

 

(882,809 )

 

 

(486,506 )

August 31, 2022

 

$ 1,315,132

 

 

$ 134,439

 

 

$ (1,102,236 )

 

$ 347,335

 

Common stock

 

 

-

 

 

 

-

 

 

 

(79,631 )

 

 

(79,631 )

February 28, 2023

 

$ 1,315,132

 

 

$ 134,439

 

 

$ (1,181,867 )

 

$ 267,704

 

 

Marketable securities held by Lexaria represent available-for-sale common stock of Hill Street Beverage Company Inc. Unrealized gains and losses from common stock are due to market price movements. In management’s opinion based on the evaluation of available information at February 28, 2023, unrealized losses represent temporary impairments.