Pure Cycle Corporation Annual report pursuant to Section 13 and 15(d)

FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Aug. 31, 2019

The following table provides information on the assets and liabilities measured at fair value on a recurring basis as of August 31, 2019:

					Fair Value Measurement Using:
	Fair Value		Cost / Other Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Accumulated Unrealized Gains and (Losses)
Certificates of deposit	$	—	$	—	$	—	$	—	$	—	$	—
U.S. treasuries		4,996,000		4,992,100		—		4,996,000		—		3,900
Total	$	4,996,000	$	4,992,100	$	—	$	4,996,000	$	—	$	3,900

The following table provides information on the assets and liabilities measured at fair value on a recurring basis as of August 31, 2018:

					Fair Value Measurement Using:
	Fair Value		Cost / Other Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Accumulated Unrealized Gains and (Losses)
Certificates of deposit	$	—	$	—	$	—	$	—	$	—	$	—
U.S. treasuries		8,718,000		8,644,900		—		8,718,000		—		66,400
Subtotal	$	8,718,000	$	8,644,900	$	—	$	8,718,000	$	—	$	66,400