Note 7. Investments in Marketable Equity Securities

On June 28, 2022, the Company sold 800,000 shares of Mogo Inc. (“Mogo”) at a net sales price of $0.88 per share, received proceeds of approximately $0.7 million and recognized a realized loss of approximately $1.6 million. During the three and six months ended June 30, 2022, the Company recorded an unrealized loss on the remaining 2.4 million shares of Mogo of approximately $4.8 million and $6.4 million, respectively, based on the closing price per share of Mogo common stock on the Nasdaq Stock Market on June 30, 2022 of $0.86. During the three and six months ended June 30, 2021, the Company recorded an unrealized gain of $0.3 million in each period on its original 3.2 million shares of Mogo. The daily share price of Mogo is extremely volatile and may be more or less than the amount recorded as of June 30, 2022.