Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.8.0.1
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2018
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table presents the asset reported in the consolidated balance sheet measured at its fair value on a recurring basis as of March 31, 2018 by level within the fair value hierarchy.
March 31, 2018
 
 
Quoted prices in active markets for identical assets
 
Significant other observable inputs
 
Significant unobservable inputs
 
 
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Total gains (losses)
Recurring fair value measurements
 
 
 
 
 
 
 
 
 
    Marketable equity securities
 
 
 
 
 
 
 
 
 
          EuroSite Power Inc.
$
334,570

 
$

 
$
334,570

 
$

 
$
(184,998
)
Total recurring fair value measurements
$
334,570

 
$

 
$
334,570

 
$

 
$
(184,998
)
Fair Value of Investments
The following table summarizes changes in level 2 assets which are comprised of marketable equity securities for the period:
Fair value at acquisition on May 17, 2017
$
519,568

     Unrealized loss included in other comprehensive loss for the year ended December 31, 2017
(165,317
)
Fair value at December 31, 2017
354,251

     Unrealized loss included in net income for the quarter ended March 31, 2018
(19,681
)
Fair value at March 31, 2018
$
334,570