Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive (Loss)/Income

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Accumulated Other Comprehensive (Loss)/Income
9 Months Ended
Sep. 30, 2020
Accumulated Other Comprehensive Lossincome  
Accumulated Other Comprehensive (Loss)/Income

Note 11 – Accumulated Other Comprehensive (Loss)/Income

 

The following table summarizes the changes in accumulated other comprehensive (loss)/income by components during the nine months ended September 30, 2020:

 

 

    Net Unrealized (Losses)/Gains on Available-for-Sale Securities     Accumulated
Other
Comprehensive (Loss)/Gain
 
Balance, December 31, 2019   $ (1 )   $ (1 )
Unrealized gain on securities available-for-sale     368       368  
Reclassifications to net loss     (3 )     (3 )
Net current period other comprehensive income     365       365  
Balance, September 30, 2020   $ 364     $ 364  

 

 

The amounts reclassified to net income for realized gains and losses on available-for-sale securities are recorded as part of other income, net, in our Condensed Consolidated Statements of Operations and Comprehensive Loss. There were no accumulated other comprehensive (losses)/gains during the nine months ended September 30, 2019 and all components of accumulated other comprehensive (losses)/gains are net of tax. Realized gains and losses and declines in value judged to be other-than-temporary are included in the determination of net loss and are included in other income, net.