SGS investment ...So now ... looking at the share price of Singular at March 31st ... we are likely taking a $7M hit on the fluctuating value of this investment - Down to approximately $6.5 per share (Q1, 2022) from $11.30 ish (Q4 2021)
Such is the accounting with these kinds of investments.
Likely didn't seel because they couldn't offload all of them at a good price - will need to wait for valuations to improve before selling.