UFO Sighting in Lincoln, Nebraska on 2017-07-15 03:45:00 - Red and blu/white flashing light object round and moving arbitrary steady pace

I was with three friends out star gazing and i saw an object with flashing lights and pointed it an we tried to forgive our what it was then came up with the idea it was a ufo at 3:46am ish we thought it was a drone but it wasn't close enough we were shook and a little frightened it flew away.