U.S. Global Investors (GROW) 10-K 10 Sep 20 2020 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Jun. 30, 2020	Aug. 28, 2020	Dec. 31, 2019
Document Information Line Items
Entity Registrant Name	U S GLOBAL INVESTORS INC
Document Type	10-K
Current Fiscal Year End Date	--06-30
Entity Public Float			$ 15,275,104
Amendment Flag	false
Entity Central Index Key	0000754811
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Well-known Seasoned Issuer	No
Document Period End Date	Jun. 30, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Interactive Data Current	Yes
Common Class A [Member]
Document Information Line Items
Entity Common Stock, Shares Outstanding		13,011,860
Common Class B [Member]
Document Information Line Items
Entity Common Stock, Shares Outstanding		0
Common Class C [Member]
Document Information Line Items
Entity Common Stock, Shares Outstanding		2,068,635

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2020	Jun. 30, 2019
Current Assets
Cash and cash equivalents	$ 1,936	$ 1,466
Restricted cash	1,025	1,025
Investments in securities at fair value	6,322	8,021
Accounts and other receivables	974	309
Note receivable	0	199
Prepaid expenses	285	293
Total assets held related to discontinued operations	0	1,780
Total Current Assets	10,542	13,093
Net Property and Equipment	1,506	1,708
Other Assets
Investments in securities at fair value, non-current	5,142	7,166
Other investments	1,283	1,404
Equity method investments	158	309
Right of use assets	93	0
Other assets, non-current	92	64
Total Other Assets	6,768	8,943
Total Assets	18,816	23,744
Current Liabilities
Accounts payable	29	31
Accrued compensation and related costs	360	311
Dividends payable	113	113
Lease liability, short-term	50	0
Other accrued expenses	1,015	496
Note payable, current	442	0
Total liabilities held related to discontinued operations	0	481
Total Current Liabilities	2,009	1,432
Long-Term Liabilities
Deferred tax liability	0	133
Lease liability, long-term	43	0
Total Long-Term Liabilities	43	133
Total Liabilities	2,052	1,565
Commitments and Contingencies (Note 19)
Shareholders’ Equity
Additional paid-in-capital	15,623	15,646
Treasury stock, class A shares at cost; 855,432 shares and 804,959 shares at June 30, 2020, and June 30, 2019, respectively	(1,879)	(1,888)
Accumulated other comprehensive income (loss), net of tax	(4)	(206)
Retained earnings	2,625	7,761
Total U.S. Global Investors Inc. Shareholders’ Equity	16,764	21,712
Non-Controlling Interest in Subsidiary	0	467
Total Shareholders’ Equity	16,764	22,179
Total Liabilities and Shareholders’ Equity	18,816	23,744
Common Class A [Member]
Shareholders’ Equity
Common stock, value	347	347
Common Class B [Member]
Shareholders’ Equity
Common stock, value	0	0
Common Class C [Member]
Shareholders’ Equity
Common stock, value	$ 52	$ 52

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - $ / shares	Jun. 30, 2020	Jun. 30, 2019
Common Class A [Member]
Common stock; par value (in Dollars per share)	$ 0.025	$ 0.025
Common stock, shares authorized	28,000,000	28,000,000
Common stock, shares issued	13,866,913	13,866,751
Treasury stock, class A shares at cost; shares	855,432	804,959
Common Class B [Member]
Common stock; par value (in Dollars per share)	$ 0.025	$ 0.025
Common stock, shares authorized	4,500,000	4,500,000
Common stock, shares issued	0	0
Common Class C [Member]
Common stock; par value (in Dollars per share)	$ 0.025	$ 0.025
Common stock, shares authorized	3,500,000	3,500,000
Common stock, shares issued	2,068,635	2,068,797

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Operating Revenues
Revenues	$ 4,476	$ 3,459
Operating Expenses
Employee compensation and benefits	2,840	2,884
General and administrative	3,663	2,920
Advertising	174	198
Depreciation and amortization	202	214
	6,879	6,216
Operating Loss	(2,403)	(2,757)
Other Income (Loss)
Investment loss	(2,211)	(1,582)
Income (loss) from equity method investments	(142)	23
Other income	117	47
	(2,236)	(1,512)
Loss from Continuing Operations Before Income Taxes	(4,639)	(4,269)
Provision for Income Taxes
Tax benefit	(175)	(977)
Loss from Continuing Operations	(4,464)	(3,292)
Discontinued Operations
Loss from discontinued operations of investment management services in Canada before income taxes	(338)	(147)
Tax benefit	0	0
Loss from Discontinued Operations	(338)	(147)
Net Loss	(4,802)	(3,439)
Less: Net Loss Attributable to Non-Controlling Interest from Discontinued Operations	(118)	(51)
Net Loss Attributable to U.S. Global Investors, Inc.	$ (4,684)	$ (3,388)
Basic Net Loss per Share
Loss from continuing operations (in Dollars per share)	$ (0.30)	$ (0.22)
Loss from discontinued operations (in Dollars per share)	(0.01)	0
Net loss (in Dollars per share)	(0.31)	(0.22)
Diluted Net Loss per Share
Loss from continuing operations (in Dollars per share)	(0.30)	(0.22)
Loss from discontinued operations (in Dollars per share)	(0.01)	0
Net loss (in Dollars per share)	$ (0.31)	$ (0.22)
Basic weighted average number of common shares outstanding (in Shares)	15,108,394	15,138,351
Diluted weighted average number of common shares outstanding (in Shares)	15,108,394	15,138,351
Investment Advisory Services [Member]
Operating Revenues
Revenues	$ 4,311	$ 3,274
Administrative Service [Member]
Operating Revenues
Revenues	$ 165	$ 185

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS ) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Statement of Comprehensive Income [Abstract]
Net Loss Attributable to U.S. Global Investors, Inc.	$ (4,684)	$ (3,388)
Other Comprehensive Income (Loss), Net of Tax:
Foreign currency translation adjustment	88	3
Reclassification of foreign currency losses to net loss	228	22
Comprehensive Loss	(4,368)	(3,363)
Less: Comprehensive Income Attributable to Non-Controlling Interest	114	0
Comprehensive Loss Attributable to U.S. Global Investors, Inc.	$ (4,482)	$ (3,363)

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock [Member]Common Class A [Member]	Common Stock [Member]Common Class C [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Noncontrolling Interest [Member]	Total
Balance at Jun. 30, 2018	$ 347	$ 52	$ 15,650	$ (1,878)	$ 1,858	$ 9,513	$ 518	$ 26,060
Reclassification pursuant to adoption of ASU 2016-01, net of tax of $1,049					(2,089)	2,089
Balance at Jul. 01, 2018	347	52	15,650	(1,878)	(231)	11,602	518	26,060
Balance at Jun. 30, 2018	347	52	15,650	(1,878)	1,858	9,513	518	26,060
Purchases of shares of Common Stock (class A)				(24)				(24)
Issuance of stock under ESPP shares of Common Stock (class A)			(2)	6				4
Dividends declared						(453)		(453)
Stock bonuses			(4)	8				4
Stock-based compensation expense			2					2
Other comprehensive income, net of tax					25			25
Net loss						(3,388)	(51)	(3,439)
Balance at Jun. 30, 2019	347	52	15,646	(1,888)	(206)	7,761	467	22,179
Purchases of shares of Common Stock (class A)				(113)				(113)
Issuance of stock under ESPP shares of Common Stock (class A)			(1)	4				3
Dividends declared						(452)		(452)
Stock bonuses			(16)	118				102
Stock-based compensation expense			(6)					(6)
Deconsolidation of non-controlling interest							(463)	(463)
Other comprehensive income, net of tax					202		114	316
Net loss						(4,684)	(118)	(4,802)
Balance at Jun. 30, 2020	$ 347	$ 52	$ 15,623	$ (1,879)	$ (4)	$ 2,625	$ 0	$ 16,764

CONSOLIDATED STATEMENTS OF SH_2

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Parentheticals) - USD ($) $ in Thousands	Jul. 01, 2018	Jun. 30, 2020	Jun. 30, 2019
Reclassification pursuant to adoption of ASU 2016-01, tax (in Dollars)	$ 1,049
Common Class A [Member]
Purchases of shares of Common Stock (class A)		105,721	20,575
Common Class C [Member]
Number of shares converted		(162)	(60)
Common Stock [Member] | Common Class A [Member]
Balance	13,866,691	13,866,751	13,866,691
Balance		13,866,913	13,866,751
Purchases of shares of Common Stock (class A)		105,721	20,575
Issuance of stock under ESPP shares of Common Stock (class A)		1,648	2,461
Number of shares issued as result of stock conversion		162	60
Common Stock [Member] | Common Class C [Member]
Balance	2,068,857	2,068,797	2,068,857
Balance		2,068,635	2,068,797
Number of shares converted		(162)	(60)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Cash Flows from Operating Activities:
Net loss	$ (4,802)	$ (3,439)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	202	214
Net recognized loss on securities	0	91
Investment basis adjustment	(49)	(19)
Gain on disposal of Galileo	(151)	0
Net (income) loss from equity method investment	142	(23)
Net loss from discontinued operations, net of tax	338	147
Foreign currency transaction loss	228	22
Provision for deferred taxes	(139)	(966)
Stock bonuses	102	4
Stock-based compensation expense	0	2
Changes in operating assets and liabilities:
Accounts receivable and notes receivable	(665)	805
Prepaid expenses and other assets	(113)	(28)
Investment securities	4,008	2,571
Accounts payable and accrued expenses	659	(456)
Total adjustments	4,562	2,364
Net cash used in operating activities	(240)	(1,075)
Cash Flows from Investing Activities:
Purchase of investments in securities at fair value, non-current	0	(1,588)
Purchase of equity method investment	0	(230)
Purchase of other investments	(125)	(250)
Proceeds from sale of Galileo	746	0
Proceeds on sale of equity method investment	0	230
Proceeds from note receivable	199	35
Return of capital on investments	10	77
Net cash provided by (used in) investing activities	830	(1,726)
Cash Flows from Financing Activities:
Proceeds from loan	442	0
Issuance of common stock	3	4
Repurchases of common stock	(113)	(24)
Dividends paid	(452)	(454)
Net cash used in financing activities	(120)	(474)
Net increase (decrease) in cash, cash equivalents, and restricted cash	470	(3,275)
Beginning cash, cash equivalents, and restricted cash	2,491	5,766
Ending cash, cash equivalents, and restricted cash	2,961	2,491
Supplemental Disclosures of Cash Flow Information
Cash paid for income taxes	$ 3	$ 124

ORGANIZATION

ORGANIZATION	12 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	NOTE 1. ORGANIZATION U.S. Global Investors, Inc. (the “Company” or “U.S. Global”) serves as investment adviser to U.S. Global Investors Funds (“USGIF” or the “Fund(s)”), a Delaware statutory trust that is a no-load, open-end investment company offering shares in numerous mutual funds to the investing public. The Company also provides administrative services to USGIF. For these services, the Company receives fees from USGIF. The Company also provides advisory services to SEC registered exchange traded funds (“ETFs”) and formerly provided advisory services to offshore clients. Until March 2020, the Company held a controlling interest in Galileo Global Equity Advisors Inc. (“Galileo”), a privately held Toronto-based asset management firm. The Company has the following subsidiaries utilized primarily for corporate investment purposes: U.S. Global Investors (Bermuda) Limited (“USBERM”), incorporated in Bermuda, and U.S. Global Investors (Canada) Limited (“USCAN”). The Company created U.S. Global Indices, LLC, a Texas limited liability company, of which the Company is the sole member, to provide indexing services to exchange-traded funds managed by the Company. U.S. Global formed U.S. Global Brokerage, Inc. (“USGB”) to provide distribution services to USGIF. USGB ceased operations in December 2015. On July 27, 2018, USGB was dissolved. Effective March 2, 2020, the Company sold its shares in Galileo back to Galileo. Through the date of sale, Galileo was consolidated with the operations of the Company. The non-controlling interest in this subsidiary was included in “Non-Controlling Interest in Subsidiary” in the equity section of the Consolidated Balance Sheets. Frank Holmes, CEO, and Lisa Callicotte, CFO, served as directors of Galileo through March 2, 2020, and Lisa Callicotte served as CFO of Galileo from June 2019 through March 2, 2020. See Note 3 below for further information. Results of operations of Galileo through the date of sale are presented in the consolidated financial statements as discontinued operations. To limit the spread of the novel coronavirus (“COVID-19”), governments have taken various actions including the issuance of stay-at-home orders and social distancing guidelines, causing some businesses to suspend operations, disrupting the global supply chain, and creating a reduction in demand for many products. This has negatively affected global financial markets and has caused significant financial market depreciation, thus reducing certain of the Company’s assets under management (“AUM”), the revenue related to those assets, and returns on corporate investments. Should the negative effect on global financial markets continue for an extended period, there could be an adverse material financial impact on the Company’s results of operations, cash flows and financial position. At this time, the Company cannot reasonably estimate the future impact, given the uncertainty over the duration and severity of the economic crisis.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	NOTE 2. SIGNIFICANT ACCOUNTING POLICIES Principles of Consolidation. Until March 2, 2020, the Company, through USCAN, owned 65 percent of the issued and outstanding shares of Galileo, which represents controlling interest of Galileo. Galileo was consolidated with USCAN and the non-controlling interest in this subsidiary is included in “non-controlling interest in subsidiary” in the equity section of the Consolidated Balance Sheets. There are two primary consolidation models in U.S. GAAP, the variable interest entity (“VIE”) and voting interest entity models. The Company’s evaluation for consolidation includes whether entities in which it has an interest or from which it receives fees are VIEs and whether the Company is the primary beneficiary of any VIEs identified in its analysis. A VIE is an entity in which either (a) the equity investment at risk is not sufficient to permit the entity to finance its own activities without additional financial support or (b) the group of holders of the equity investment at risk lacks certain characteristics of a controlling financial interest. The primary beneficiary is the entity that has the obligation to absorb a majority of the expected losses or the right to receive the majority of the residual returns and consolidates the VIE on the basis of having a controlling financial interest. The Company holds variable interests in, but is not deemed to be the primary beneficiary of, certain funds it advises, specifically, certain funds in USGIF. The Company’s interests in these VIEs consist of the Company’s direct ownership therein and any fees earned but uncollected. In the ordinary course of business, the Company may choose to waive certain fees or assume operating expenses of the funds it advises for competitive, regulatory or contractual reasons (see Note 5 for information regarding fee waivers). The Company has not provided financial support to any of these entities outside the ordinary course of business. The Company’s risk of loss with respect to these VIEs is limited to the carrying value of its investments in, and fees receivable from, the entities. The Company does not consolidate these VIEs because it is not the primary beneficiary. The Company’s total exposure to unconsolidated VIEs, consisting of the carrying value of investment securities and receivables for fees, was $7.0 million at June 30, 2020, and $8.8 million at June 30, 2019. Since the Company is not the primary beneficiary of the above funds it advises, the Company evaluated if it should consolidate under the voting interest entity model. Under the voting interest model, for legal entities other than partnerships, the usual condition for control is ownership, directly or indirectly, of more than 50 percent of the outstanding voting shares over an entity. The Company does not have control of any of the above funds it advises; therefore, the Company does not consolidate any of these funds. The Company currently holds a variable interest in a fund organized as a limited partnership advised by Galileo, and during fiscal year 2019 held a variable interest in another fund advised by Galileo, but these entities do not qualify as VIEs. Since they are not VIEs, the Company evaluated if it should consolidate them under the voting interest entity model. Under the voting interest model, for legal entities other than partnerships, the usual condition for control is ownership, directly or indirectly, of more than 50 percent of the outstanding voting shares over an entity. The Company does not have control of the entities and, therefore, does not consolidate them. However, the Company was considered to have the ability to exercise significant influence. Thus, the investments have been accounted for under the equity method of accounting. See further information about these investments in Note 4. All significant intercompany balances and transactions have been eliminated in consolidation. Certain amounts have been reclassified for comparative purposes. Cash and Cash Equivalents. Restricted Cash. Investments. Investments in Equity Securities Investments in Debt Securities. Other Investments. Equity Method Investments. Fair Value of Financial Instruments. Receivables. Property and Equipment. Leases. Fixed lease payments are included in right of use (“ROU”) assets and lease liabilities within other assets and liabilities, respectively, on the Consolidated Balance Sheets. ROU assets and lease liabilities are recognized based on the present value of the future lease payments over the lease term at the commencement date using the Company’s incremental borrowing rate as the discount rate. Fixed lease payments made over the lease term are recorded as lease expense on a straight-line basis. Variable lease payments based on usage, changes in an index or market rate are expensed as incurred. Upon adoption of ASU 2016-02, for existing leases, the Company elected to determine the discount rate based on the remaining lease term as of July 1, 2019. For new leases, the discount rates are based on the entire noncancelable lease term. The Company is the lessor of certain areas of its owned office building under operating leases. The Company determines if a contract is a lease or contains a lease at inception. The Company elected not to separate lease and related non-lease components and account for the combined component as an operating lease. Impairment of Long-Lived Assets. Non-Controlling Interests. Treasury Stock. Stock-Based Compensation. Income Taxes. The Company accounts for income taxes in accordance with ASC 740, Income Taxes The Company has elected to treat the global intangible low-taxed income (GILTI) tax as a period expense. The Company also elected to use the tax law ordering approach when assessing the realization of net operating losses related to GILTI. Revenue Recognition. Investment Advisory Fees Performance Fees. Administrative Services Fees Fee Waivers Dividends and Interest. Advertising Costs. Foreign Exchange. Use of Estimates. Earnings Per Share. Earnings Per Share Accumulated Other Comprehensive Income (Loss). Recent Accounting Pronouncements and Developments Accounting Pronouncements Adopted During the Period In February 2016, the FASB issued ASU 2016-02, Leases In February 2018, the FASB issued ASU 2018-02, Income Statement - Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income Accounting Pronouncements Not Yet Adopted In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments, In April 2019, the FASB issued ASU 2019-04, Codification Improvements to Topic 326, Financial Instruments – Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments In December 2019, the FASB issued ASU 2019-12, Simplifying the Accounting for Income Taxes

DISCONTINUED OPERATIONS

DISCONTINUED OPERATIONS	12 Months Ended
	Jun. 30, 2020
Discontinued Operations and Disposal Groups [Abstract]
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	NOTE 3. DISCONTINUED OPERATIONS USCAN entered into a binding letter of intent dated December 30, 2019, with Galileo whereby Galileo, pursuant to a capital restructuring, agreed to repurchase all of its common shares owned by USCAN for $1.0 million (Canadian). The transaction was subject to the approval of Canadian securities regulatory authorities and to the satisfaction of other closing conditions. The transaction closed effective March 2, 2020. Proceeds of approximately $746,000 were received (the equivalent of $1.0 million Canadian), and a realized gain of approximately $151,000 was recorded. In addition, approximately $228,000 in foreign currency loss was released from accumulated other comprehensive income (loss) into realized foreign currency loss upon closing the sale. After the transaction, the Company has not and will not have continuing involvement with the operations of Galileo, except for an equity method investment in a fund managed by Galileo. See further information on this equity method investment in Note 4, Investments. The results of Galileo through the March 2, 2020, closing date are reflected as “discontinued operations” in the Consolidated Statements of Operations and are therefore, excluded from continuing operations results. Comparative periods shown in the Consolidated Financial Statements have been adjusted to conform to this presentation. Operations of Galileo had previously been presented as the separate business segment of Investment Management Services – Canada. The components of assets and liabilities classified as discontinued operations were as follows: June 30, (dollars in thousands) 2020 2019 Assets Cash and cash equivalents $ - $ 1,482 Accounts and other receivables - 200 Prepaid expenses - 52 Net property and equipment - 38 Other assets, non-current - 8 Total assets held related to discounted operations $ - $ 1,780 Liabilities Accounts payable $ - $ 135 Accrued compensation and related costs - 84 Other accrued expenses - 262 Total liabilities held related to discontinued operations $ - $ 481 Receivables of Galileo included advisory fees owed to Galileo by the funds and clients it manages. Galileo fixed assets, consisting of furniture, equipment and leasehold improvements, were depreciated over 2 to 5 years. Galileo had leases for office equipment and facilities. See further information on these leases in Note 11, Leases. The components of income (loss) from discontinued operations were as follows. Note that amounts in the current fiscal year are through the March 2, 2020, closing date of sale. Year Ended June 30, (dollars in thousands) 2020 2019 Revenues Advisory fees $ 235 $ 1,458 235 1,458 Expenses Employee compensation and benefits 77 534 General and administrative 508 1,121 Depreciation and amortization 6 10 591 1,665 Other Income (Loss) Investment income 24 18 Other income (loss) (6 ) 42 18 60 Loss from discontinued operations of investment management services in Canada before income taxes (338 ) (147 ) Tax benefit - - Loss from discontinued operations of investment management services in Canada (338 ) (147 ) Less: net loss attributable to non-controlling interest from discontinued operations (118 ) (51 ) Net loss attributable to U.S. Global Investors, Inc. from discontinued operations of investment management services in Canada $ (220 ) $ (96 ) Galileo provides advisory services for clients in Canada and receives advisory fees based on the agreed-upon percentages of AAUM or assets under management, depending on contractual terms. Galileo investment advisory agreements have a single performance obligation, since the promised services are not separately identifiable from other promises in the agreements and, therefore, are not distinct. Galileo may also receive performance fees from certain clients when market appreciation or realized net gains exceeds established benchmarks on an annual or quarterly basis. Performance fees, which were included in advisory fees in the table above, were recognized when it was determined that they were no longer probable of significant reversal. Galileo recorded no performance fees for the year ended June 30, 2020. Galileo recorded performance fees of $921,000 for the year ended June 30, 2019. Galileo may, at its discretion, waive and absorb some of its clients’ operating expenses. The amount of fund expenses waived and absorbed was $39,000 and $343,000 for the years ended June 30, 2020, and 2019, respectively. Galileo files a separate tax return in Canada. At June 30, 2019, a valuation allowance for Galileo of $183,000 was included to fully reserve for net operating loss carryovers, other carryovers and certain book/tax differences in the balance sheet.

INVESTMENTS

INVESTMENTS	12 Months Ended
	Jun. 30, 2020
Disclosure Text Block Supplement [Abstract]
Investments and Other Noncurrent Assets [Text Block]	NOTE 4. INVESTMENTS As of June 30, 2020, the Company held investments with a fair value of $11.4 million and a cost basis of $12.9 million. The fair value of these investments is approximately 60.9 percent of the Company’s total assets at June 30, 2020. In addition, the Company held other investments of approximately $1.3 million and investments of $158,000 accounted for under the equity method of accounting. The Company’s equity investments with readily determinable fair values are classified as securities at fair value, and changes in unrealized gains or losses are reported in current period earnings. Other investments consist of equity investments in entities over which the Company is unable to exercise significant influence and which do not have readily determinable fair values. For these securities, the Company generally elects to value using the measurement alternative, under which such securities are measured at cost, less impairment, plus or minus observable price changes for identical or similar securities of the same issuer with such changes recorded in investment income (loss). The Company considers many factors in determining impairment, including the severity and duration of the decline in value below cost, the Company’s interest and ability to hold the security for a period of time sufficient for an anticipated recovery in value, and the financial condition and specific events related to the issuer. The cost basis of investments may also be adjusted for the recharacterization of distributions from investments in partnerships. See further information about these investments in a separate section of this note. The following details the components of the Company’s investments recorded at fair value as of June 30, 2020, and 2019. June 30, 2020 (dollars in thousands) Cost Unrealized Gains (Losses) Fair Value Securities at fair value Common stock - International $ 5,641 $ (1,162 ) $ 4,479 Common stock - Domestic 45 (45 ) - Mutual funds - Fixed income 6,313 9 6,322 Mutual funds - Domestic equity 929 (266 ) 663 Total securities at fair value $ 12,928 $ (1,464 ) $ 11,464 June 30, 2019 (dollars in thousands) Cost Unrealized Gains (Losses) Fair Value Securities at fair value Common stock - International $ 5,641 $ 790 $ 6,431 Common stock - Domestic 45 (45 ) - Mutual funds - Fixed income 8,025 (4 ) 8,021 Mutual funds - Domestic equity 929 (194 ) 735 Total securities at fair value $ 14,640 $ 547 $ 15,187 Included in the above table was $7.0 million and $8.8 million as of June 30, 2020, and June 30, 2019, respectively, at fair value invested in USGIF. Investment Income (Loss) The following summarizes investment income (loss) reflected in earnings for the periods presented. (dollars in thousands) Year Ended June 30, Investment Income (Loss) 2020 2019 Unrealized losses on fair valued securities $ (2,011 ) $ (2,406 ) Unrealized gains on equity securities without readily determinable fair values - 617 Realized gains on sales of fair valued securities - 23 Realized gain on sale of subsidiary 151 - Realized foreign currency losses (232 ) (26 ) Impairments in equity investments that do not have readily determinable fair values (285 ) (114 ) Dividend and interest income 166 324 Total Investment Income (Loss) $ (2,211 ) $ (1,582 ) Realized gain from sale of subsidiary shown in the table above is from the sale of Galileo. See Note 2 for further information on this transaction. Realized foreign currency gains (losses) for the year ended June 30, 2020, includes $228,000 in foreign currency losses released from other comprehensive income (loss) upon the sale of Galileo. The year ended June 30, 2020, included approximately $2.0 million of net unrealized losses recognized on equity securities still held at June 30, 2020. Investment income (loss) can be volatile and varies depending on market fluctuations. The Company expects that gains and losses will continue to fluctuate in the future. Fair Value Hierarchy ASC 820, Fair Value Measurement and Disclosures Financial instruments measured and reported at fair value are classified and disclosed in one of the following categories: Level 1 – Valuations based on quoted prices in active markets for identical assets or liabilities at the reporting date. Since valuations are based on quoted prices that are readily and regularly available in an active market, value of these products does not entail a significant degree of judgment. Level 2 – Valuations based on quoted prices in markets for which not all significant inputs are observable, directly or indirectly. Corporate debt securities valued in accordance with the evaluated price supplied by an independent service are categorized as Level 2 in the hierarchy. Other securities categorized as Level 2 included securities valued at the mean between the last reported bid and ask quotation and securities valued with an adjustment to the quoted price due to restrictions. Level 3 – Valuations based on inputs that are unobservable and significant to the fair value measurement. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the financial instrument. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with the investing in those securities. Because of the inherent uncertainties of valuation, the values reflected may materially differ from the values received upon actual sale of those investments. For actively traded securities, the Company values investments using the closing price of the securities on the exchange or market on which the securities principally trade. If the security is not traded on the last business day of the quarter, it is generally valued at the mean between the last bid and ask quotation. The fair value of a security that has a restriction is based on the quoted price for an otherwise identical unrestricted instrument that trades in a public market, adjusted for the estimated effect of the restriction. Mutual funds, which include open- and closed-end funds and exchange-traded funds, are valued at net asset value or closing price, as applicable. Certain corporate debt securities not traded on an exchange may be valued by an independent pricing service using an evaluated quote based on such factors as institutional-size trading in similar groups of securities, yield, quality maturity, coupon rate, type of issuance and individual trading characteristics and other market data. As part of its independent price verification process, a portfolio management team, which includes representatives from the investment and accounting departments, periodically reviews the fair value provided by the pricing service using information such as transactions in these investments, broker quotes, market transactions in comparable investments, general market conditions and the issuer’s financial condition. Certain debt securities may be valued based on review of similarly structured issuances in similar jurisdictions, when possible, or based on other traded debt securities issued by the issuer. The portfolio management team also takes into consideration numerous other factors that could affect valuation such as overall market conditions, liquidity of the security and bond structure. For other securities included in the fair value hierarchy with unobservable inputs, the portfolio management team considers a number of factors in determining a security’s fair value, including the security’s trading volume, market values of similar class issuances, investment personnel’s judgment regarding the market experience of the issuer, financial status of the issuer, the issuer’s management, and back testing, as appropriate. The fair values may differ from what may have been used had a broader market for these securities existed. The portfolio management team reviews inputs and assumptions and reports material items to the Board of Directors. Securities which do not have readily determinable fair values are also periodically reviewed by the portfolio management team. The following presents fair value measurements, as of each balance sheet date, for the major categories of the Company’s investments measured at fair value on a recurring basis: June 30, 2020 Significant Significant Quoted Prices Other Unobservable Inputs (dollars in thousands) (Level 1) (Level 2) (Level 3) Total Securities at fair value Common stock - International $ 4,447 $ 32 $ - $ 4,479 Common stock - Domestic - - - - Mutual funds - Fixed income 6,322 - - 6,322 Mutual funds - Domestic equity 663 - - 663 Total securities at fair value $ 11,432 $ 32 $ - $ 11,464 June 30, 2019 Significant Significant Quoted Prices Other Unobservable Inputs (dollars in thousands) (Level 1) (Level 2) (Level 3) Total Securities at fair value Common stock - International $ 5,599 $ 832 $ - $ 6,431 Common stock - Domestic - - - - Mutual funds - Fixed income 8,021 - - 8,021 Mutual funds - Domestic equity 735 - - 735 Total securities at fair value $ 14,355 $ 832 $ - $ 15,187 As of June 30, 2020, approximately 100 percent of the Company’s financial assets were classified in the fair value hierarchy as Level 1. As of June 30, 2019, 95 percent of the Company’s financial assets were classified in the fair value hierarchy as Level 1 and 5 percent as Level 2. The Company has an investment in 10 million common shares of HIVE Blockchain Technologies Ltd. (“HIVE”), a company that is headquartered and traded in Canada with cryptocurrency mining facilities in Iceland, Sweden, and Canada, at a cost of $2.4 million. The shares are subject to Canadian securities regulations. The investment was valued at approximately $2.4 million and $3.6 million at June 30, 2020, and 2019, respectively, based on the quoted market price and is classified as Level 1 in the fair value hierarchy. Cryptocurrency markets and related stocks have been, and are expected to continue to be, volatile. There has been significant volatility in the market price of HIVE, which has materially impacted the investment’s value included on the balance sheet and unrealized gain (loss) recognized in investment income. The Company’s ownership of HIVE was approximately 2.9 percent as of June 30, 2020. Frank Holmes is the non-executive chairman of HIVE and held shares and options at June 30, 2020. Effective August 31, 2018, Mr. Holmes was named Interim Executive Chairman of HIVE while a search for a new CEO is undertaken. The Company has an investment in Thunderbird Entertainment Group Inc. (“Thunderbird”), a company headquartered and traded in Canada, which was valued at approximately $1.2 million at June 30, 2020 and classified as Level 1 in the fair value hierarchy. This investment was valued at approximately $1.1 million at June 30, 2019, of which $377,000 was classified as Level 1 and $675,000 was classified as Level 2 in the fair value hierarchy. This was previously a private company that underwent a corporate transaction and started trading on an exchange during the quarter ended December 31, 2018. The shares are subject to Canadian securities regulations. The Company’s ownership of Thunderbird was approximately 2.5 percent as of June 30, 2020. Frank Holmes serves on the board of this company as a director and held options at June 30, 2020. The Company has an investment in GoldSpot Discoveries Corp. (“GoldSpot”), a company headquartered and traded in Canada, which was valued at approximately $806,000 at June 30, 2020, of which $774,000 was classified as Level 1 and $32,000 was classified as Level 2 in the fair value hierarchy. This investment was valued at approximately $1.7 million at June 30, 2019, of which $1.6 million was classified as Level 1 and $157,000 was classified as Level 2 in the fair value hierarchy. The investment was purchased during the quarter ended March 31, 2019, and the shares are subject to Canadian securities regulations. The portion of the investment classified in Level 2 is restricted for resale due to escrow and regulatory provisions; its valuation is based on the quoted market price adjusted for the restriction on resale. Shares remaining in escrow at June 30, 2020, will be released in August 2020. The Company’s ownership of GoldSpot was approximately 7.5 percent as of June 30, 2020. Frank Holmes served on the board of this company as director from February 2019 to June 2020 and as independent chairman from February 2019 to May 2020 and held common stock and options at June 30, 2020. Other Investments The carrying value of equity securities without readily determinable fair values was approximately $1.3 million and $1.4 million as of June 30, 2020, and 2019, respectively. The Company has elected to value these investments using the measurement alternative, under which such securities are measured at cost, less impairment, plus or minus observable price changes for identical or similar securities of the same issuer with such changes recorded in investment income (loss). The carrying value of equity securities without readily determinable fair values has been adjusted as follows during the fiscal years ended June 30, 2020, and 2019: Year Ended June 30, (dollars in thousands) 2020 2019 Carrying amount, beginning of period $ 1,404 $ 2,207 Adjustments: Purchases 125 250 Reclassification to securities at fair value - (1,499 ) Impairments (285 ) (114 ) Other downward adjustments (124 ) (57 ) Upward adjustments 163 617 Carrying amount, end of period $ 1,283 $ 1,404 As discussed above, the Company’s investment in Thunderbird was previously included in other investments but started trading on a stock exchange during the quarter ended December 31, 2018, and thereafter is included in securities at fair value. There were impairment adjustments to one security totaling $285,000 during the year ended June 30, 2020, and $114,000 during the year ended June 30, 2019. Cumulative impairment adjustments to all equity securities without readily determinable fair values total $536,000 since their respective acquisitions through June 30, 2020. The cumulative amount of other downward adjustments, which primarily consist of return of capital distributions, is $777,000, which includes $124,000 for the year ended June 30, 2020, and $57,000 for the year ended June 30, 2019. The cumulative amount of upward adjustments is $780,000, which includes $163,000 for the year ended June 30, 2020, and $617,000 for the year ended June 30, 2019. Investments Classified as Equity Method During fiscal year 2018, the Company, through USCAN, invested approximately $401,000 in the Galileo Technology and Blockchain Fund, a Canadian unit trust investment fund managed by Galileo. The fund reorganized in a taxable transaction into a limited partnership effective November 30, 2018, and the fund terminated. See further discussion below. Thus, the Company no longer had an investment in the Galileo Technology and Blockchain Fund after November 2019. During the period of ownership, the Company’s ownership ranged between approximately 20 and 25 percent, and the Company was considered to have the ability to exercise significant influence. Thus, the investment was accounted for under the equity method of accounting. Included in other income (loss) was $50,000 of equity method loss for the Galileo Technology and Blockchain Fund for the year ended June 30, 2019. In addition, approximately $22,000 in foreign currency loss was released from accumulated other comprehensive income (loss) into realized foreign currency loss upon the termination of the fund. Frank Holmes also directly held an investment in the fund. This fund had a concentration in technology and blockchain companies, which resulted in volatility in the fund’s valuation. As noted above, the Galileo Technology and Blockchain Fund reorganized into a limited partnership effective November 30, 2018. The investment portfolio and unitholders’ interests of the Galileo Technology and Blockchain Fund and the Galileo Partners Fund transferred to the new entity, named Galileo Technology and Blockchain LP. The valuation of the Company’s investment in the Galileo Technology and Blockchain Fund as of November 30, 2018, of approximately $230,000 transferred to the Galileo Technology and Blockchain LP. During the period of ownership, the Company’s ownership has ranged between approximately 16 and 22 percent The Company owns approximately 22 percent of the LP as of June 30, 2020, and the Company is considered to have the ability to exercise significant influence. Thus, the investment is accounted for under the equity method of accounting. Included in other income (loss) for the years ended June 30, 2020, and 2019, is ($142,000) and $73,000, respectively, of equity method income (loss) for this investment. The Company’s investment in the LP was valued at approximately $158,000 at June 30, 2020, and $309,000 at June 30, 2019. Frank Holmes also directly held an investment in the LP as of June 30, 2020. This investment has a concentration in technology and blockchain companies, which may result in volatility in its valuation.

INVESTMENT MANAGEMENT AND OTHER

INVESTMENT MANAGEMENT AND OTHER FEES	12 Months Ended
	Jun. 30, 2020
Investment Management and Other Fees [Abstract]
Investment Management and Other Fees [Text Block]	NOTE 5. INVESTMENT MANAGEMENT AND OTHER FEES The following table presents operating revenues disaggregated by performance obligation: Year Ended June 30, 2020 2019 USGIF advisory fees $ 3,093 $ 3,230 USGIF performance fees paid (525 ) (544 ) ETF advisory fees 1,743 588 Total advisory fees 4,311 3,274 USGIF administrative services fees 165 185 Total Operating Revenue $ 4,476 $ 3,459 The Company serves as investment adviser to USGIF and receives a fee based on a specified percentage of net assets under management. The advisory agreement for the equity funds within USGIF provides for a base advisory fee that is adjusted upwards or downwards by 0.25 percent if there is a performance difference of 5 percent or more between a fund’s performance and that of its designated benchmark index over the prior rolling 12 months. The Company has agreed to contractually limit the expenses of the Near-Term Tax Free Fund through April 2021. The Company has voluntarily waived or reduced its fees and/or agreed to pay expenses on the remaining USGIF funds. These caps will continue on a voluntary basis at the Company’s discretion. The aggregate fees waived and expenses borne by the Company for USGIF were $584,000 and $732,000 for the years ended June 30, 2020, and 2019, respectively. USGIF revenue included on the Consolidated Statements of Operations is net of fee waivers. Management cannot predict the impact of future waivers due to the number of variables and the range of potential outcomes. The Company receives administrative service fees from USGIF based on the average daily net assets at an annual rate of 0.05 percent per investor class and 0.04 percent per institutional class of each fund. The institutional classes closed in July 2019. The Company also serves as investment advisor to two exchange-traded funds (ETFs): U.S. Global Jets ETF (ticker JETS) and U.S. Global GO GOLD and Precious Metal Miners ETF (ticker GOAU). The Company receives a unitary management fee of 0.60 percent of average net assets and has agreed to bear all expenses of the ETFs. As of June 30, 2020, the Company had $869,000 in receivables from fund clients, of which $187,000 was from USGIF and $682,000 from ETFs. As of June 30, 2019, the Company had $201,000 in receivables from fund clients, of which $159,000 was from USGIF and $42,000 from ETFs.

RESTRICTED CASH

RESTRICTED CASH	12 Months Ended
	Jun. 30, 2020
Cash and Cash Equivalents [Abstract]
Cash and Cash Equivalents Disclosure [Text Block]	NOTE 6. RESTRICTED CASH Restricted cash represents cash invested in a money market account as collateral for credit facilities that is not available for general corporate use. A reconciliation of cash, cash equivalents, and restricted cash reported from the Consolidated Balance Sheets to the Statements of Cash Flows is shown below: June 30, (dollars in thousands) 2020 2019 Cash and cash equivalents $ 1,936 $ 1,466 Restricted cash 1,025 1,025 Total cash, cash equivalents, and restricted cash $ 2,961 $ 2,491

NOTES RECEIVABLE

NOTES RECEIVABLE	12 Months Ended
	Jun. 30, 2020
Receivables [Abstract]
Financing Receivables [Text Block]	NOTE 7. NOTES RECEIVABLE The Company held a note receivable with principal of approximately $199,000 (all current) at June 30, 2019. The note was with an unrelated third party, had an annual interest rate of 15 percent and was scheduled to mature in 2021. Quarterly principal repayments on the note started in February 2019. The issuer elected an early redemption option and paid the note in full in July 2019. Proceeds were received for the principal and all accrued interest, and no gain or loss was realized. There were no notes receivable as of June 30, 2020.

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	12 Months Ended
	Jun. 30, 2020
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	NOTE 8. PROPERTY AND EQUIPMENT Property and equipment are composed of the following: June 30, (dollars in thousands) 2020 2019 Building and land $ 4,597 $ 4,597 Furniture, equipment, and other 847 1,051 5,444 5,648 Accumulated depreciation (3,938 ) (3,940 ) Net property and equipment $ 1,506 $ 1,708 Depreciation expense totaled $202,000 and $214,000 in fiscal years 2020 and 2019, respectively.

OTHER ACCRUED EXPENSES

OTHER ACCRUED EXPENSES	12 Months Ended
	Jun. 30, 2020
Payables and Accruals [Abstract]
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	NOTE 9. OTHER ACCRUED EXPENSES Other accrued expenses consist of the following: June 30, (dollars in thousands) 2020 2019 Professional fees $ 314 $ 266 Vendors payable 113 103 ETF operating and distribution expenses 542 80 Taxes payable 46 47 Other accrued expenses $ 1,015 $ 496

BORROWINGS

BORROWINGS	12 Months Ended
	Jun. 30, 2020
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	NOTE 10. BORROWINGS The Company has access to a $1 million credit facility for working capital purposes. The credit agreement requires the Company to maintain certain covenants; the Company has been in compliance with these covenants during the fiscal year. The credit agreement will expire on May 31, 2021, and the Company intends to renew annually. The credit facility is collateralized by approximately $1 million at June 30, 2020, included in restricted cash on the balance sheet, held in deposit in a money market account at the financial institution that provided the credit facility. As of June 30, 2020, the credit facility remains unutilized by the Company. Effective April 12, 2020, the Company was approved for a loan of approximately $442,000 under the Paycheck Protection Program (“PPP”) under the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”). The receipt of these funds, and the forgiveness of the loan attendant to these funds, is dependent on the Company having initially qualified for the loan and qualifying for the forgiveness of such loan based on future adherence to the forgiveness criteria as described below. The Company has under 25 employees and is considered a small business. The interest rate on the loan is one percent fixed, and the maturity date is April 12, 2022. Payment terms are to make seventeen consecutive monthly payments of principal and interest in an amount sufficient to fully amortize the loan over the remaining term, commencing six months after the effective date, and a final payment on the earliest of the acceleration of the promissory note; or the maturity date. The PPP Loan contains events of default and other provisions customary for a loan of this type. A key feature of the PPP is that loan proceeds used by borrowers to pay certain expenses during a specified period following origination of the loan may qualify to be forgiven. The Company is not yet able to determine the amount that might be forgiven due to evolving guidance. As of June 30, 2020, the balance of the loan was $442,000, all of which was classified as a current liability. Interest expense was approximately $1,000 for the year ended June 30, 2020. As of June 30, 2020, the Company was in compliance with all covenants with respect to the PPP loan.

LEASES

LEASES	12 Months Ended
	Jun. 30, 2020
Disclosure Text Block Supplement [Abstract]
Commitments Disclosure [Text Block]	NOTE 11. LEASES The Company has lease agreements on a continuing operations basis for office equipment that expire in fiscal years 2021 and 2022. Lease expense included in continuing operations totaled $153,000 and $167,000 for the years ended June 30, 2020, and 2019, respectively. The Company’s former subsidiary Galileo, which is classified as discontinued operations as described in Note 3, had lease agreements for office equipment and for office facilities. Lease expense included in discontinued operations totaled $74,000 and $109,000 for the years ended June 30, 2020, and 2019, respectively. For continuing operations, the components of lease expense included in general and administrative expense on the Consolidated Statements of Operations for the year ended June 30, 2020, and qualitative information concerning the Company’s operating leases were as follows: Year Ended June 30, (dollars in thousands) 2020 Operating lease cost $ 53 Short-term lease cost 100 Total lease cost $ 153 Cash paid for amounts included in measurement of lease liabilities: Operating cash flows from operating leases $ 53 Right-of-use assets obtained in exchanged for: Net operating lease liabilities $ 141 Weighted-average remaining lease term (in years) 1.83 Weighted-average discount rate 4.11 % Maturities of lease liabilities from continuing operations as of June 30, 2020, are as follows: (dollars in thousands) Fiscal Year Operating Leases 2021 $ 53 2022 44 Total lease payments 97 Less imputed interest (4 ) Total $ 93 The Company is the lessor of certain areas of its owned office building under operating leases expiring in various years through fiscal year 2023. At the commencement of an operation lease, no income is recognized; subsequently, lease payments received are recognized on a straight-line basis. Lease income included in other income on the Consolidated Statements of Operations was $92,000 and $36,000, for fiscal years 2020 and 2019, respectively. The cost of obtaining lessor contracts, which is included in other assets on the Consolidated Balance Sheets, was $7,000 and $0 at June 30, 2020, and June 30, 2019, respectively. A summary analysis of annual undiscounted cash flows to be received on leases as of June 30, 2020, is as follows: (dollars in thousands) Fiscal Year Operating Leases 2021 $ 97 2022 81 2023 34 Total lease payments $ 212 The Company may terminate the building leases with one hundred eighty days written notice if it sells the property. If the Company terminates the lease, the Company will pay the tenant a termination fee of the lesser of six months of the base monthly rent or the base monthly rent times the number of months remaining in the initial term.

BENEFIT PLANS

BENEFIT PLANS	12 Months Ended
	Jun. 30, 2020
Disclosure Text Block Supplement [Abstract]
Compensation and Employee Benefit Plans [Text Block]	NOTE 12. BENEFIT PLANS The Company offers a savings and investment plan qualified under Section 401(k) of the Internal Revenue Code covering substantially all employees. In connection with this 401(k) plan, participants can voluntarily contribute a portion of their compensation, up to certain limitations, to this plan, and the Company will match 100 percent of participants’ contributions up to the first 3 percent of compensation and 50 percent of the next 2 percent of compensation. The Company recorded expenses for contributions to the 401(k) plan of $77,000 and $81,000 for fiscal years 2020 and 2019, respectively. The 401(k) plan allows for a discretionary profit sharing contribution by the Company, as authorized by the Board of Directors. No profit sharing contributions were made in fiscal years 2020 or 2019. The Company offers employees, including its executive officers, an opportunity to participate in savings programs using mutual funds managed by the Company. Employees may contribute to an IRA, and the Company matches these contributions on a limited basis. A similar savings plan utilizing Uniform Gifts to Minors Act (“UGMA”) accounts is offered to employees to save for their minor relatives. The Company match, reflected in base salary expense, aggregated in all programs to $16,000 and $17,000 in fiscal years 2020 and 2019, respectively. The Company has an Employee Stock Purchase Plan whereby eligible employees can purchase treasury shares at market price. During fiscal years 2020 and 2019, employees purchased 1,648 and 2,461, respectively, shares of treasury stock from the Company.

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	12 Months Ended
	Jun. 30, 2020
Disclosure Text Block Supplement [Abstract]
Shareholders' Equity and Share-based Payments [Text Block]	NOTE 13. SHAREHOLDERS’ EQUITY The Company has three classes of common equity: class A, class B, and class C common stock. The Company’s class A common stock is traded over-the-counter and is quoted daily under NASDAQ’s Capital Markets under the symbol “GROW.” There is no established public trading market for the Company’s class B and class C common stock. There are no shares of class B stock issued as of June 30, 2020, or 2019. The Company’s class A and class B common stock have no voting privileges. Dividends Dividends of $0.0025 per share per month totaling $390,000 and $392,000 were paid to holders of class A common stock in fiscal years 2020 and 2019, respectively. Dividends of $62,000 and $62,000 were paid to holders of class C common stock in fiscal years 2020 and 2019, respectively. The monthly dividend of $0.0025 is authorized through September 2020 and will be considered for continuation at that time by the Board. Payment of cash dividends is within the discretion of the Company’s Board of Directors and is dependent on earnings, operations, capital requirements, general financial condition of the Company and general business conditions. On a per share basis, the holders of the class C common stock and the nonvoting class A common stock participate equally in dividends as declared by the Company’s Board of Directors. Share Repurchase Plan The Company has a share repurchase program, approved by the Board of Directors, authorizing the Company to annually purchase up to $2.75 million of its outstanding common shares, as market and business conditions warrant, on the open market in compliance with Rule 10b-18 of the Securities Exchange Act of 1934 through December 31, 2020. The repurchase program has been in place since December 2012, and the Board of Directors has annually renewed the repurchase program each calendar year. The acquired shares may be used for corporate purposes, including shares issued to employees in the Company’s stock-based compensation programs. As of June 30, 2020, approximately $2.64 million remains available for repurchase under this authorization. During fiscal years 2020 and 2019, the Company repurchased 105,721 and 20,575, respectively, of its class A shares on the open market using cash of $113,000 and $24,000, respectively. To date, the Company has repurchased a total of 666,531 class A shares under the repurchase program using cash of $1.5 million. Other Activity The Company did not grant any shares of class A common stock to employees during fiscal year 2020 or 2019. The Company granted 3,600 and 3,600 of class A common stock at a weighted average fair value of $1.61 and $1.34 per share to its non-employee directors in fiscal years 2020 and 2019, respectively. The Company granted 50,000 shares of class A common stock at a weighted average fair value of $1.95 per share to a key advisor in fiscal year 2020. No shares were granted to outside parties in fiscal year 2019. All stock grants vest immediately after issuance. Issuances of treasury stock for grants, bonuses, and the share repurchase plan are accounted for using the weighted-average cost basis of the shares issued. During fiscal years 2020 and 2019, shares were issued, as described above, with a weighted-average cost basis greater than current fair value, which resulted in a combined negative adjustment to additional paid-in capital of approximately $17,000 and $6,000, respectively. Shareholders of class C shares are allowed to convert to class A. During fiscal years 2020 and 2019, 162 and 60 shares, respectively, were converted from class C to class A. Conversions are one class A share for one class C share and are recorded at par value. There are no restrictions or requirements to convert. Stock Option Plans In November 1989, the Board of Directors adopted the 1989 Non-Qualified Stock Option Plan (“1989 Plan”), amended in December 1991, which provides for the granting of options to purchase 1,600,000 shares of the Company’s class A common stock to directors, officers and employees of the Company and its subsidiaries. Options issued under the 1989 Plan vest six months from the grant date or 20 percent on the first, second, third, fourth, and fifth anniversaries of the grant date. Options issued under the 1989 Plan expire ten years after issuance. No options were granted in fiscal years 2020 or 2019. As of June 30, 2020, there were no options outstanding under the 1989 Plan. In April 1997, the Board of Directors adopted the 1997 Non-Qualified Stock Option Plan (“1997 Plan”), which provides for the granting of stock appreciation rights (SARs) and/or options to purchase 400,000 shares of the Company’s class A common stock to directors, officers, and employees of the Company and its subsidiaries. Options issued under the 1997 Plan expire ten years after issuance. There were 2,000 options that were forfeited and no options granted or exercised during the year ended June 30, 2020. There were no options granted, exercised, or forfeited for the year ended June 30, 2019.As of June 30, 2020, there were 2,000 options outstanding under the 1997 Plan. The estimated fair value of options granted is amortized to expense over the options’ vesting period. The fair value of these options is estimated at the date of the grant using a Black-Scholes option pricing model. Stock option transactions under the 1997 Plan for the past two fiscal years are summarized below: (dollars in thousands, except price data) Options Weighted Average Exercise Price Weighted Average Remaining Contractual Life in Years Aggregate Intrinsic Value (net of tax) Outstanding June 30, 2018 4,000 $ 7.53 Granted - n/a Exercised - n/a Forfeited - n/a Outstanding June 30, 2019 4,000 $ 7.53 Granted - n/a Exercised - n/a Forfeited (2,000 ) $ 12.31 Outstanding June 30, 2020 2,000 $ 2.74 7.72 $ - Class A common stock options outstanding and exercisable under the employee stock option plans at June 30, 2020, were as follows: Options Outstanding Options Exercisable Date of Option Grant Number Outstanding Remaining Life in Years Weighted Average Exercise Price ($) Number Exercisable Weighted Average Option Price ($) 1997 Plan Class A 03/21/18 2,000 7.72 $ 2.74 2,000 $ 2.74 2,000 7.72 $ 2.74 2,000 $ 2.74

INCOME TAXES

INCOME TAXES	12 Months Ended
	Jun. 30, 2020
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	NOTE 14. INCOME TAXES The Company and its non-Canadian subsidiaries file a consolidated U.S. federal income tax return. USCAN files a separate tax return in Canada. Provisions for income taxes include deferred taxes for temporary differences in the bases of assets and liabilities for financial and tax purposes resulting from the use of the liability method of accounting for income taxes. The CARES Act was signed into law on March 27, 2020. While a number of the CARES Act’s provisions will be reflected in future accounting periods, certain income tax accounting measures are reflected in the period of enactment. The business tax provisions of the Act include temporary changes to income and non-income-based tax laws. Some of the key income tax provisions that may affect the Company include: ● Eliminating the 80% of taxable income limitations by allowing corporate entities to fully utilize net operating loss (NOL) carryforwards generated during the 2019 and 2020 fiscal years to offset taxable income in the 2019, 2020 or 2021 fiscal years and reinstating the limitation with the 2022 fiscal year; ● Allowing net operating losses generated in fiscal years 2019, 2020 or 2021(tax years 2018, 2019 and 2020) to be carried back five years; ● Allowing entities to deduct more of their charitable cash contributions made during calendar year 2020 by increasing the taxable income limitation to 25% from 10%. ● Modification of the adjusted taxable income limitation from 30% to 50% for fiscal years 2020 and 2021 (tax years 2019 and 2020) for computing deductible interest. Carryovers For U.S. federal income tax purposes at June 30, 2020, the Company has U.S. federal net operating loss carryovers of $8.8 million with $2.0 million and $2.7 million expiring in fiscal years 2035 and 2036, respectively, and $4.1 million with no expiration. The carryover amount of $4.1 million, which was generated after fiscal year 2018, may be carried forward indefinitely with no limitation on usage prior to fiscal year 2022, but certain limitations apply to the utilization of net operating losses thereafter. The Company has capital loss carryovers of $1.1 million with $728,000 and $348,000 expiring in fiscal years 2022 and 2023, respectively. The Company has charitable contribution carryovers totaling approximately $36,000 with $5,000; $10,000; $5,000; and $16,000 expiring in fiscal years 2021, 2023, 2024, and 2025, respectively. For Canadian income tax purposes, USCAN has net operating loss carryovers of $122,000 that expire in fiscal year 2040. If certain changes in the Company's ownership should occur, there could be an annual limitation on the amount of net operating loss carryovers that could be utilized. Additional Disclosures A valuation allowance is provided when it is more likely than not that some portion of the deferred tax amount will not be realized. At June 30, 2020, and 2019, a valuation allowance of $2.8 million and $1.9 million, respectively, was included to fully reserve for net operating loss carryovers, other carryovers and certain book/tax differences in the balance sheet. The Company's components of income (loss) before tax by jurisdiction are as follows: Year ended June 30, (dollars in thousands) 2020 2019 United States $ (3,261 ) $ (1,613 ) Canada (1,716 ) (2,803 ) Total $ (4,977 ) $ (4,416 ) The reconciliation of income tax computed at U.S. federal statutory rates to income tax expense is as follows: Year ended June 30, (dollars in thousands) 2020 % of Pretax 2019 % of Pretax Tax expense (benefit) at statutory rate - continuing operations $ (974 ) 21.0 % $ (896 ) 21.0 % Tax benefit from change in foreign unrealized gain/loss (203 ) 4.4 % (679 ) 15.9 % Change in valuation allowance 885 (19.1 %) 353 (8.3 %) Rate difference on foreign deferred income 153 (3.3 %) 327 (7.7 %) Other (36 ) 0.8 % (82 ) 2.0 % Total tax expense (benefit) - continuing operations $ (175 ) 3.8 % $ (977 ) 22.9 % Components of total tax expense (benefit) are as follows: Year ended June 30, (dollars in thousands) 2020 2019 Continuing Operations Current tax expense (benefit) - U.S. Federal $ (1 ) $ 4 Current tax expense (benefit) - Non-U.S. 3 (15 ) Deferred tax expense - U.S. Federal - - Deferred tax benefit - Non-U.S. (177 ) (966 ) Total tax benefit - continuing operations $ (175 ) $ (977 ) Discontinued Operations Current tax expense (benefit) - Non-U.S. - - Total tax benefit $ (175 ) $ (977 ) Deferred income taxes reflect the net tax effects of temporary differences between the carrying amount of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Components of the Company’s deferred assets and liabilities are as follows: June 30, (dollars in thousands) 2020 2019 Book/tax differences in the balance sheet Investments in securities at fair value $ 448 $ (99 ) Prepaid expenses (50 ) (45 ) Accumulated depreciation 105 111 Other investments (65 ) (124 ) Equity method investments 14 (6 ) Accrued expenses 148 72 Product start-up costs 60 60 Other (19 ) (55 ) Tax Carryovers Net operating loss carryover 1,887 1,573 Charitable contributions carryover 8 8 Capital loss carryover 226 249 Valuation Allowance (2,762 ) (1,877 ) Net deferred tax liability $ - $ (133 )

EARNINGS PER SHARE

EARNINGS PER SHARE	12 Months Ended
	Jun. 30, 2020
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	NOTE 15. EARNINGS PER SHARE The following table sets forth the computation for basic and diluted earnings per share (EPS): Year Ended June 30, (dollars in thousands, except per share data) 2020 2019 Loss from Continuing Operations $ (4,464 ) $ (3,292 ) Loss from Discontinued Operations (338 ) (147 ) Less: Net Loss Attributable to Non-Controlling Interest from Discontinued Operations (118 ) (51 ) Net Loss Attributable from Discontinued Operations to U.S. Global Investors, Inc. (220 ) (96 ) Net Loss Attributable to U.S. Global Investors, Inc. $ (4,684 ) $ (3,388 ) Weighted average number of outstanding shares Basic 15,108,394 15,138,351 Effect of dilutive securities : Employee stock options - - Diluted 15,108,394 15,138,351 Earnings Per Share Attributable to U.S. Global Investors, Inc. Basic Net Loss per Share Loss from continuing operations $ (0.30 ) $ (0.22 ) Loss from discontinued operations $ (0.01 ) $ - Net loss $ (0.31 ) $ (0.22 ) Diluted Net Loss per Share Loss from continuing operations $ (0.30 ) $ (0.22 ) Loss from discontinued operations $ (0.01 ) $ - Net loss $ (0.31 ) $ (0.22 ) The diluted EPS calculation excludes the effect of stock options when their exercise prices exceed the average market price for the period. For the years ended June 30, 2020, and 2019, 2,000 and 4,000 employee stock options, respectively, were excluded from diluted EPS. During fiscal years 2020 and 2019, the Company repurchased class A shares on the open market. Repurchased shares are classified as treasury shares and are deducted from outstanding shares in the earnings per share calculation.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS )	12 Months Ended
	Jun. 30, 2019
Stockholders' Equity Note [Abstract]
Comprehensive Income (Loss) Note [Text Block]	NOTE 16. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following table presents changes in accumulated other comprehensive income (loss) by component: Year Ended June 30, (dollars in thousands) 2020 2019 Beginning Balance $ (206 ) $ 1,858 Foreign currency translation adjustment, net of tax 1 (26 ) 3 Amount reclassified from AOCI, net of tax 1 228 22 Reclassification as a result of adoption of accounting guidance 2 - (2,089 ) Ending Balance $ (4 ) $ (206 ) 1. Amounts include no tax expense or benefit. 2 . Effective July 1, 2018, upon adoption of ASU 2016-01, the Company no longer has an available-for-sale category for equity securities for which changes in fair value are recognized in other comprehensive income (loss).

FINANCIAL INFORMATION BY BUSINE

FINANCIAL INFORMATION BY BUSINESS SEGMENT	12 Months Ended
	Jun. 30, 2020
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	NOTE 17. FINANCIAL INFORMATION BY BUSINESS SEGMENT The Company manages the following business segments on a continuing operations basis: 1. Investment management services, by which the Company offers, to USGIF and ETF clients, a range of investment management products and services to meet the needs of individual and institutional investors; and 2. Corporate investments, through which the Company invests for its own account in an effort to add growth and value to its cash position. The following schedule details total revenues and income by business segment: (dollars in thousands) Investment Management Services Corporate Investments Consolidated Year ended June 30, 2020 Net operating revenues $ 4,476 $ - $ 4,476 Investment loss $ - $ (2,211 ) $ (2,211 ) Loss from equity method investments $ - $ (142 ) $ (142 ) Other income $ 117 $ - $ 117 Loss from continuing operations before income taxes $ (2,071 ) $ (2,568 ) $ (4,639 ) Depreciation and amortization $ 202 $ - $ 202 Gross identifiable assets at June 30, 2020 $ 5,654 $ 13,162 $ 18,816 Deferred tax asset $ - Consolidated total assets at June 30, 2020 $ 18,816 Year ended June 30, 2019 Net operating revenues $ 3,459 $ - $ 3,459 Investment loss $ - $ (1,582 ) $ (1,582 ) Income from equity method investments $ - $ 23 $ 23 Other income $ 47 $ - $ 47 Loss from continuing operations before income taxes $ (2,444 ) $ (1,825 ) $ (4,269 ) Depreciation and amortization $ 201 $ 13 $ 214 Net operating revenues from investment management services include revenues from USGIF of $2.7 million and $2.9 million in fiscal years 2020 and 2019, respectively. Net operating revenues from investment management services also include operating revenues from ETF clients of $1.7 million and $588,000 in fiscal years 2020 and 2019, respectively.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Jun. 30, 2020
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	NOTE 18. RELATED PARTY TRANSACTIONS On June 30, 2020, and 2019, the Company had $7.0 million and $8.8 million, respectively, at fair value invested in USGIF funds the Company advised. These amounts were included in the Consolidated Balance Sheets as “investments in securities at fair value.” The Company recorded $97,000 and $181,000 in income from dividends and capital gain distributions from USGIF investments in fiscal years 2020 and 2019, respectively. The Company recorded $23,000 in net realized gains on its investments in the Funds in fiscal year 2019. There were no net realized gains or losses on its investments in the Funds in fiscal year 2020. In addition, the Company had $158,000 and $309,000 at June 30, 2020, and 2019, respectively, invested in a fund advised by Galileo accounted for under the equity method of accounting. The Company recorded income (loss) from equity method investments of ($142,000) and $23,000 in fiscal years 2020 and 2019, respectively. See further discussion of these investments in Note 4. The Company earned advisory and administrative services fees, as applicable, from the various funds for which it acts as investment adviser, as disclosed in Note 5. Receivables include amounts due from the funds for those fees and out-of-pocket expenses, net of amounts payable to the funds for expense reimbursements. As of June 30, 2020, and 2019, the Company had $869,000 and $201,000, respectively, of receivables from mutual funds included in the Consolidated Balance Sheets within “receivables.” As discussed in Note 4, the Company has an investment in HIVE that was valued at approximately $2.4 million and $3.6 million as of June 30, 2020, and 2019, respectively. Frank Holmes, a director and Chief Executive Officer of the Company, is the non-executive chairman of HIVE, for which he received director fees from HIVE during fiscal years 2020 and 2019. Mr. Holmes held shares and options of HIVE at June 30, 2020, and 2019. Effective August 31, 2018, upon the retirement of HIVE’s CEO and until a new CEO is hired, Mr. Holmes became Interim Executive Chairman of HIVE. As discussed in Note 4, the Company holds an investment in Thunderbird that was valued at approximately $1.2 million and $1.1 million as of June 30, 2020, and 2019, respectively. Thunderbird was previously a private company that underwent a corporate transaction and started trading on an exchange during fiscal year 2019. Frank Holmes serves on the board of this company as a director, for which he receives fees, and held options at June 30, 2020, and 2019. The Company received $31,000 in dividend income from its investment in this company in fiscal year 2019. No dividend income from this investment was received in fiscal year 2020. As discussed in Note 4, the Company purchased in fiscal year 2019 an investment in GoldSpot that was valued at approximately $806,000 and $1.7 million as of June 30, 2020, and 2019, respectively. Frank Holmes served on the board of this company as director from February 2019 to June 2020 and as independent chairman from February 2019 to May 2020 and held common stock and options at June 30, 2020.

CONTINGENCIES AND COMMITMENTS

CONTINGENCIES AND COMMITMENTS	12 Months Ended
	Jun. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	NOTE 19. CONTINGENCIES AND COMMITMENTS The Company continuously reviews all investor, employee, and vendor complaints and pending or threatened litigation. The likelihood that a loss contingency exists is evaluated through consultation with legal counsel, and a loss contingency is recorded if probable and reasonably estimable. During the normal course of business, the Company may be subject to claims, legal proceedings, and other contingencies. These matters are subject to various uncertainties, and it is possible that some of these matters may be resolved unfavorably. The Company establishes accruals for matters for which the outcome is probable and can be reasonably estimated. Management believes that any liability in excess of these accruals upon the ultimate resolution of these matters will not have a material adverse effect on the consolidated financial statements of the Company. The Board of Directors has authorized a monthly dividend of $0.0025 per share from July 2020 through September 2020, at which time it will be considered for continuation by the Board of Directors. Payment of cash dividends is within the discretion of the Company’s Board of Directors and is dependent on earnings, operations, capital requirements, general financial condition of the Company and general business conditions. The total amount of cash dividends to be paid to class A and class C shareholders from July 2020 to September 2020 will be approximately $113,000. The outbreak of the COVID-19 pandemic and the resulting actions to control or slow the spread has had a significant detrimental effect on the global and domestic economies and financial markets. The Company continues to monitor the impact of COVID-19, but at the date of this report it is too early to determine the full impact this virus may have on the financial markets and economy. Should this emerging macro-economic risk continue for an extended period, there could be an adverse material financial impact to our business and investments, including a material reduction in our results of operations.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	12 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Principles of Consolidation. Until March 2, 2020, the Company, through USCAN, owned 65 percent of the issued and outstanding shares of Galileo, which represents controlling interest of Galileo. Galileo was consolidated with USCAN and the non-controlling interest in this subsidiary is included in “non-controlling interest in subsidiary” in the equity section of the Consolidated Balance Sheets. There are two primary consolidation models in U.S. GAAP, the variable interest entity (“VIE”) and voting interest entity models. The Company’s evaluation for consolidation includes whether entities in which it has an interest or from which it receives fees are VIEs and whether the Company is the primary beneficiary of any VIEs identified in its analysis. A VIE is an entity in which either (a) the equity investment at risk is not sufficient to permit the entity to finance its own activities without additional financial support or (b) the group of holders of the equity investment at risk lacks certain characteristics of a controlling financial interest. The primary beneficiary is the entity that has the obligation to absorb a majority of the expected losses or the right to receive the majority of the residual returns and consolidates the VIE on the basis of having a controlling financial interest. The Company holds variable interests in, but is not deemed to be the primary beneficiary of, certain funds it advises, specifically, certain funds in USGIF. The Company’s interests in these VIEs consist of the Company’s direct ownership therein and any fees earned but uncollected. In the ordinary course of business, the Company may choose to waive certain fees or assume operating expenses of the funds it advises for competitive, regulatory or contractual reasons (see Note 5 for information regarding fee waivers). The Company has not provided financial support to any of these entities outside the ordinary course of business. The Company’s risk of loss with respect to these VIEs is limited to the carrying value of its investments in, and fees receivable from, the entities. The Company does not consolidate these VIEs because it is not the primary beneficiary. The Company’s total exposure to unconsolidated VIEs, consisting of the carrying value of investment securities and receivables for fees, was $7.0 million at June 30, 2020, and $8.8 million at June 30, 2019. Since the Company is not the primary beneficiary of the above funds it advises, the Company evaluated if it should consolidate under the voting interest entity model. Under the voting interest model, for legal entities other than partnerships, the usual condition for control is ownership, directly or indirectly, of more than 50 percent of the outstanding voting shares over an entity. The Company does not have control of any of the above funds it advises; therefore, the Company does not consolidate any of these funds. The Company currently holds a variable interest in a fund organized as a limited partnership advised by Galileo, and during fiscal year 2019 held a variable interest in another fund advised by Galileo, but these entities do not qualify as VIEs. Since they are not VIEs, the Company evaluated if it should consolidate them under the voting interest entity model. Under the voting interest model, for legal entities other than partnerships, the usual condition for control is ownership, directly or indirectly, of more than 50 percent of the outstanding voting shares over an entity. The Company does not have control of the entities and, therefore, does not consolidate them. However, the Company was considered to have the ability to exercise significant influence. Thus, the investments have been accounted for under the equity method of accounting. See further information about these investments in Note 4. All significant intercompany balances and transactions have been eliminated in consolidation. Certain amounts have been reclassified for comparative purposes.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents.
Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block]	Restricted Cash.
Investment, Policy [Policy Text Block]	Investments. Investments in Equity Securities Investments in Debt Securities. Other Investments.
Equity Method Investments [Policy Text Block]	Equity Method Investments.
Fair Value Measurement, Policy [Policy Text Block]	Fair Value of Financial Instruments.
Accounts Receivable [Policy Text Block]	Receivables.
Property, Plant and Equipment, Policy [Policy Text Block]	Property and Equipment.
Lessee, Leases [Policy Text Block]	Leases. Fixed lease payments are included in right of use (“ROU”) assets and lease liabilities within other assets and liabilities, respectively, on the Consolidated Balance Sheets. ROU assets and lease liabilities are recognized based on the present value of the future lease payments over the lease term at the commencement date using the Company’s incremental borrowing rate as the discount rate. Fixed lease payments made over the lease term are recorded as lease expense on a straight-line basis. Variable lease payments based on usage, changes in an index or market rate are expensed as incurred. Upon adoption of ASU 2016-02, for existing leases, the Company elected to determine the discount rate based on the remaining lease term as of July 1, 2019. For new leases, the discount rates are based on the entire noncancelable lease term. The Company is the lessor of certain areas of its owned office building under operating leases. The Company determines if a contract is a lease or contains a lease at inception. The Company elected not to separate lease and related non-lease components and account for the combined component as an operating lease.
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]	Impairment of Long-Lived Assets.
Consolidation, Subsidiaries or Other Investments, Consolidated Entities, Policy [Policy Text Block]	Non-Controlling Interests.
Stockholders' Equity, Policy [Policy Text Block]	Treasury Stock.
Share-based Payment Arrangement [Policy Text Block]	Stock-Based Compensation.
Income Tax, Policy [Policy Text Block]	Income Taxes. The Company accounts for income taxes in accordance with ASC 740, Income Taxes The Company has elected to treat the global intangible low-taxed income (GILTI) tax as a period expense. The Company also elected to use the tax law ordering approach when assessing the realization of net operating losses related to GILTI.
Revenue [Policy Text Block]	Revenue Recognition. Investment Advisory Fees Performance Fees. Administrative Services Fees Fee Waivers
Revenue Recognition, Dividends and Interest [Policy Text Block]	Dividends and Interest.
Advertising Cost [Policy Text Block]	Advertising Costs.
Foreign Currency Transactions and Translations Policy [Policy Text Block]	Foreign Exchange.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates.
Earnings Per Share, Policy [Policy Text Block]	Earnings Per Share. Earnings Per Share
Comprehensive Income, Policy [Policy Text Block]	Accumulated Other Comprehensive Income (Loss).
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements and Developments Accounting Pronouncements Adopted During the Period In February 2016, the FASB issued ASU 2016-02, Leases In February 2018, the FASB issued ASU 2018-02, Income Statement - Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income Accounting Pronouncements Not Yet Adopted In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments, In April 2019, the FASB issued ASU 2019-04, Codification Improvements to Topic 326, Financial Instruments – Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments In December 2019, the FASB issued ASU 2019-12, Simplifying the Accounting for Income Taxes

DISCONTINUED OPERATIONS (Tables

DISCONTINUED OPERATIONS (Tables)	12 Months Ended
	Jun. 30, 2020
Discontinued Operations and Disposal Groups [Abstract]
Disposal Groups, Including Discontinued Operations [Table Text Block]	June 30, (dollars in thousands) 2020 2019 Assets Cash and cash equivalents $ - $ 1,482 Accounts and other receivables - 200 Prepaid expenses - 52 Net property and equipment - 38 Other assets, non-current - 8 Total assets held related to discounted operations $ - $ 1,780 Liabilities Accounts payable $ - $ 135 Accrued compensation and related costs - 84 Other accrued expenses - 262 Total liabilities held related to discontinued operations $ - $ 481 Year Ended June 30, (dollars in thousands) 2020 2019 Revenues Advisory fees $ 235 $ 1,458 235 1,458 Expenses Employee compensation and benefits 77 534 General and administrative 508 1,121 Depreciation and amortization 6 10 591 1,665 Other Income (Loss) Investment income 24 18 Other income (loss) (6 ) 42 18 60 Loss from discontinued operations of investment management services in Canada before income taxes (338 ) (147 ) Tax benefit - - Loss from discontinued operations of investment management services in Canada (338 ) (147 ) Less: net loss attributable to non-controlling interest from discontinued operations (118 ) (51 ) Net loss attributable to U.S. Global Investors, Inc. from discontinued operations of investment management services in Canada $ (220 ) $ (96 )

INVESTMENTS (Tables)

INVESTMENTS (Tables)	12 Months Ended
	Jun. 30, 2020
Disclosure Text Block Supplement [Abstract]
Unrealized Gain (Loss) on Investments [Table Text Block]	The following details the components of the Company’s investments recorded at fair value as of June 30, 2020, and 2019. June 30, 2020 (dollars in thousands) Cost Unrealized Gains (Losses) Fair Value Securities at fair value Common stock - International $ 5,641 $ (1,162 ) $ 4,479 Common stock - Domestic 45 (45 ) - Mutual funds - Fixed income 6,313 9 6,322 Mutual funds - Domestic equity 929 (266 ) 663 Total securities at fair value $ 12,928 $ (1,464 ) $ 11,464 June 30, 2019 (dollars in thousands) Cost Unrealized Gains (Losses) Fair Value Securities at fair value Common stock - International $ 5,641 $ 790 $ 6,431 Common stock - Domestic 45 (45 ) - Mutual funds - Fixed income 8,025 (4 ) 8,021 Mutual funds - Domestic equity 929 (194 ) 735 Total securities at fair value $ 14,640 $ 547 $ 15,187
Gain (Loss) on Securities [Table Text Block]	The following summarizes investment income (loss) reflected in earnings for the periods presented. (dollars in thousands) Year Ended June 30, Investment Income (Loss) 2020 2019 Unrealized losses on fair valued securities $ (2,011 ) $ (2,406 ) Unrealized gains on equity securities without readily determinable fair values - 617 Realized gains on sales of fair valued securities - 23 Realized gain on sale of subsidiary 151 - Realized foreign currency losses (232 ) (26 ) Impairments in equity investments that do not have readily determinable fair values (285 ) (114 ) Dividend and interest income 166 324 Total Investment Income (Loss) $ (2,211 ) $ (1,582 )
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	The following presents fair value measurements, as of each balance sheet date, for the major categories of the Company’s investments measured at fair value on a recurring basis: June 30, 2020 Significant Significant Quoted Prices Other Unobservable Inputs (dollars in thousands) (Level 1) (Level 2) (Level 3) Total Securities at fair value Common stock - International $ 4,447 $ 32 $ - $ 4,479 Common stock - Domestic - - - - Mutual funds - Fixed income 6,322 - - 6,322 Mutual funds - Domestic equity 663 - - 663 Total securities at fair value $ 11,432 $ 32 $ - $ 11,464 June 30, 2019 Significant Significant Quoted Prices Other Unobservable Inputs (dollars in thousands) (Level 1) (Level 2) (Level 3) Total Securities at fair value Common stock - International $ 5,599 $ 832 $ - $ 6,431 Common stock - Domestic - - - - Mutual funds - Fixed income 8,021 - - 8,021 Mutual funds - Domestic equity 735 - - 735 Total securities at fair value $ 14,355 $ 832 $ - $ 15,187
Equity Securities without Readily Determinable Fair Value [Table Text Block]	The carrying value of equity securities without readily determinable fair values has been adjusted as follows during the fiscal years ended June 30, 2020, and 2019: Year Ended June 30, (dollars in thousands) 2020 2019 Carrying amount, beginning of period $ 1,404 $ 2,207 Adjustments: Purchases 125 250 Reclassification to securities at fair value - (1,499 ) Impairments (285 ) (114 ) Other downward adjustments (124 ) (57 ) Upward adjustments 163 617 Carrying amount, end of period $ 1,283 $ 1,404

INVESTMENT MANAGEMENT AND OTH_2

INVESTMENT MANAGEMENT AND OTHER FEES (Tables)	12 Months Ended
	Jun. 30, 2020
Investment Management and Other Fees [Abstract]
Disaggregation of Revenue [Table Text Block]	The following table presents operating revenues disaggregated by performance obligation: Year Ended June 30, 2020 2019 USGIF advisory fees $ 3,093 $ 3,230 USGIF performance fees paid (525 ) (544 ) ETF advisory fees 1,743 588 Total advisory fees 4,311 3,274 USGIF administrative services fees 165 185 Total Operating Revenue $ 4,476 $ 3,459

RESTRICTED CASH (Tables)

RESTRICTED CASH (Tables)	12 Months Ended
	Jun. 30, 2020
Cash and Cash Equivalents [Abstract]
Restrictions on Cash and Cash Equivalents [Table Text Block]	Restricted cash represents cash invested in a money market account as collateral for credit facilities that is not available for general corporate use. A reconciliation of cash, cash equivalents, and restricted cash reported from the Consolidated Balance Sheets to the Statements of Cash Flows is shown below: June 30, (dollars in thousands) 2020 2019 Cash and cash equivalents $ 1,936 $ 1,466 Restricted cash 1,025 1,025 Total cash, cash equivalents, and restricted cash $ 2,961 $ 2,491

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
	Jun. 30, 2020
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	Property and equipment are composed of the following: June 30, (dollars in thousands) 2020 2019 Building and land $ 4,597 $ 4,597 Furniture, equipment, and other 847 1,051 5,444 5,648 Accumulated depreciation (3,938 ) (3,940 ) Net property and equipment $ 1,506 $ 1,708

OTHER ACCRUED EXPENSES (Tables)

OTHER ACCRUED EXPENSES (Tables)	12 Months Ended
	Jun. 30, 2020
Payables and Accruals [Abstract]
Schedule of Accrued Liabilities [Table Text Block]	Other accrued expenses consist of the following: June 30, (dollars in thousands) 2020 2019 Professional fees $ 314 $ 266 Vendors payable 113 103 ETF operating and distribution expenses 542 80 Taxes payable 46 47 Other accrued expenses $ 1,015 $ 496

LEASES (Tables)

LEASES (Tables)	12 Months Ended
	Jun. 30, 2020
Disclosure Text Block Supplement [Abstract]
Lease, Cost [Table Text Block]	For continuing operations, the components of lease expense included in general and administrative expense on the Consolidated Statements of Operations for the year ended June 30, 2020, and qualitative information concerning the Company’s operating leases were as follows: Year Ended June 30, (dollars in thousands) 2020 Operating lease cost $ 53 Short-term lease cost 100 Total lease cost $ 153 Cash paid for amounts included in measurement of lease liabilities: Operating cash flows from operating leases $ 53 Right-of-use assets obtained in exchanged for: Net operating lease liabilities $ 141 Weighted-average remaining lease term (in years) 1.83 Weighted-average discount rate 4.11 %
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	Maturities of lease liabilities from continuing operations as of June 30, 2020, are as follows: (dollars in thousands) Fiscal Year Operating Leases 2021 $ 53 2022 44 Total lease payments 97 Less imputed interest (4 ) Total $ 93
Lessor, Operating Lease, Payments to be Received, Maturity [Table Text Block]	A summary analysis of annual undiscounted cash flows to be received on leases as of June 30, 2020, is as follows: (dollars in thousands) Fiscal Year Operating Leases 2021 $ 97 2022 81 2023 34 Total lease payments $ 212

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	12 Months Ended
	Jun. 30, 2020
Disclosure Text Block Supplement [Abstract]
Share-based Payment Arrangement, Activity [Table Text Block]	Stock option transactions under the 1997 Plan for the past two fiscal years are summarized below: (dollars in thousands, except price data) Options Weighted Average Exercise Price Weighted Average Remaining Contractual Life in Years Aggregate Intrinsic Value (net of tax) Outstanding June 30, 2018 4,000 $ 7.53 Granted - n/a Exercised - n/a Forfeited - n/a Outstanding June 30, 2019 4,000 $ 7.53 Granted - n/a Exercised - n/a Forfeited (2,000 ) $ 12.31 Outstanding June 30, 2020 2,000 $ 2.74 7.72 $ -
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block]	Class A common stock options outstanding and exercisable under the employee stock option plans at June 30, 2020, were as follows: Options Outstanding Options Exercisable Date of Option Grant Number Outstanding Remaining Life in Years Weighted Average Exercise Price ($) Number Exercisable Weighted Average Option Price ($) 1997 Plan Class A 03/21/18 2,000 7.72 $ 2.74 2,000 $ 2.74 2,000 7.72 $ 2.74 2,000 $ 2.74

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Jun. 30, 2020
Income Tax Disclosure [Abstract]
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]	The Company's components of income (loss) before tax by jurisdiction are as follows: Year ended June 30, (dollars in thousands) 2020 2019 United States $ (3,261 ) $ (1,613 ) Canada (1,716 ) (2,803 ) Total $ (4,977 ) $ (4,416 )
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	The reconciliation of income tax computed at U.S. federal statutory rates to income tax expense is as follows: Year ended June 30, (dollars in thousands) 2020 % of Pretax 2019 % of Pretax Tax expense (benefit) at statutory rate - continuing operations $ (974 ) 21.0 % $ (896 ) 21.0 % Tax benefit from change in foreign unrealized gain/loss (203 ) 4.4 % (679 ) 15.9 % Change in valuation allowance 885 (19.1 %) 353 (8.3 %) Rate difference on foreign deferred income 153 (3.3 %) 327 (7.7 %) Other (36 ) 0.8 % (82 ) 2.0 % Total tax expense (benefit) - continuing operations $ (175 ) 3.8 % $ (977 ) 22.9 %
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	Components of total tax expense (benefit) are as follows: Year ended June 30, (dollars in thousands) 2020 2019 Continuing Operations Current tax expense (benefit) - U.S. Federal $ (1 ) $ 4 Current tax expense (benefit) - Non-U.S. 3 (15 ) Deferred tax expense - U.S. Federal - - Deferred tax benefit - Non-U.S. (177 ) (966 ) Total tax benefit - continuing operations $ (175 ) $ (977 ) Discontinued Operations Current tax expense (benefit) - Non-U.S. - - Total tax benefit $ (175 ) $ (977 )
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	Deferred income taxes reflect the net tax effects of temporary differences between the carrying amount of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Components of the Company’s deferred assets and liabilities are as follows: June 30, (dollars in thousands) 2020 2019 Book/tax differences in the balance sheet Investments in securities at fair value $ 448 $ (99 ) Prepaid expenses (50 ) (45 ) Accumulated depreciation 105 111 Other investments (65 ) (124 ) Equity method investments 14 (6 ) Accrued expenses 148 72 Product start-up costs 60 60 Other (19 ) (55 ) Tax Carryovers Net operating loss carryover 1,887 1,573 Charitable contributions carryover 8 8 Capital loss carryover 226 249 Valuation Allowance (2,762 ) (1,877 ) Net deferred tax liability $ - $ (133 )

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	12 Months Ended
	Jun. 30, 2020
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	The following table sets forth the computation for basic and diluted earnings per share (EPS): Year Ended June 30, (dollars in thousands, except per share data) 2020 2019 Loss from Continuing Operations $ (4,464 ) $ (3,292 ) Loss from Discontinued Operations (338 ) (147 ) Less: Net Loss Attributable to Non-Controlling Interest from Discontinued Operations (118 ) (51 ) Net Loss Attributable from Discontinued Operations to U.S. Global Investors, Inc. (220 ) (96 ) Net Loss Attributable to U.S. Global Investors, Inc. $ (4,684 ) $ (3,388 ) Weighted average number of outstanding shares Basic 15,108,394 15,138,351 Effect of dilutive securities : Employee stock options - - Diluted 15,108,394 15,138,351 Earnings Per Share Attributable to U.S. Global Investors, Inc. Basic Net Loss per Share Loss from continuing operations $ (0.30 ) $ (0.22 ) Loss from discontinued operations $ (0.01 ) $ - Net loss $ (0.31 ) $ (0.22 ) Diluted Net Loss per Share Loss from continuing operations $ (0.30 ) $ (0.22 ) Loss from discontinued operations $ (0.01 ) $ - Net loss $ (0.31 ) $ (0.22 )

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS ) (Tables)	12 Months Ended
	Jun. 30, 2019
Stockholders' Equity Note [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	The following table presents changes in accumulated other comprehensive income (loss) by component: Year Ended June 30, (dollars in thousands) 2020 2019 Beginning Balance $ (206 ) $ 1,858 Foreign currency translation adjustment, net of tax 1 (26 ) 3 Amount reclassified from AOCI, net of tax 1 228 22 Reclassification as a result of adoption of accounting guidance 2 - (2,089 ) Ending Balance $ (4 ) $ (206 ) 1. Amounts include no tax expense or benefit. 2 . Effective July 1, 2018, upon adoption of ASU 2016-01, the Company no longer has an available-for-sale category for equity securities for which changes in fair value are recognized in other comprehensive income (loss).

FINANCIAL INFORMATION BY BUSI_2

FINANCIAL INFORMATION BY BUSINESS SEGMENT (Tables)	12 Months Ended
	Jun. 30, 2020
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	The following schedule details total revenues and income by business segment: (dollars in thousands) Investment Management Services Corporate Investments Consolidated Year ended June 30, 2020 Net operating revenues $ 4,476 $ - $ 4,476 Investment loss $ - $ (2,211 ) $ (2,211 ) Loss from equity method investments $ - $ (142 ) $ (142 ) Other income $ 117 $ - $ 117 Loss from continuing operations before income taxes $ (2,071 ) $ (2,568 ) $ (4,639 ) Depreciation and amortization $ 202 $ - $ 202 Gross identifiable assets at June 30, 2020 $ 5,654 $ 13,162 $ 18,816 Deferred tax asset $ - Consolidated total assets at June 30, 2020 $ 18,816 Year ended June 30, 2019 Net operating revenues $ 3,459 $ - $ 3,459 Investment loss $ - $ (1,582 ) $ (1,582 ) Income from equity method investments $ - $ 23 $ 23 Other income $ 47 $ - $ 47 Loss from continuing operations before income taxes $ (2,444 ) $ (1,825 ) $ (4,269 ) Depreciation and amortization $ 201 $ 13 $ 214

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($) $ in Thousands	Jul. 01, 2019	Mar. 02, 2020	Jun. 30, 2020	Jun. 30, 2019
SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Accounts Receivable, Allowance for Credit Loss			$ 0	$ 0
Investment Advisory Fees, Fee Adjustment, Base Percentage Adjustment When Fund Performance Is Not Within Limits to Benchmark Index			0.25%
Investment Advisory Fees, Fee Adjustment, Percent Minimum Performance to Designed Benchmark Over Prior Rolling 12 Months			5.00%
Galileo [Member]
SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Percentage of shares owned by parent		65.00%
Minimum [Member] | Furniture and Fixtures [Member]
SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Depreciation period			3 years
Minimum [Member] | Building and Building Improvements [Member]
SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Depreciation period			14 years
Maximum [Member] | Furniture and Fixtures [Member]
SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Depreciation period			10 years
Maximum [Member] | Building and Building Improvements [Member]
SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Depreciation period			40 years
Variable Interest Entity, Not Primary Beneficiary [Member]
SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Net Assets			$ 7,000	$ 8,800
Accounting Standards Update 2016-02 [Member]
SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
New Accounting Pronouncement or Change in Accounting Principle, Description	the Company's total assets and total liabilities increased by less than $400,000

DISCONTINUED OPERATIONS (Detail

DISCONTINUED OPERATIONS (Details) - Galileo [Member] $ in Thousands, $ in Millions	Mar. 02, 2020USD ($)	Mar. 02, 2020CAD ($)	Dec. 30, 2019CAD ($)	Mar. 02, 2020	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)
DISCONTINUED OPERATIONS (Details) [Line Items]
Disposal Group, Including Discontinued Operation, Description and Timing of Disposal			USCAN entered into a binding letter of intent dated December 30, 2019, with Galileo whereby Galileo, pursuant to a capital restructuring, agreed to repurchase all of its common shares owned by USCAN for $1.0 million (Canadian). The transaction was subject to the approval of Canadian securities regulatory authorities and to the satisfaction of other closing conditions. The transaction closed effective March 2, 2020. Proceeds of approximately $746,000 were received (the equivalent of $1.0 million Canadian), and a realized gain of approximately $151,000 was recorded. In addition, approximately $228,000 in foreign currency loss was released from accumulated other comprehensive income (loss) into realized foreign currency loss upon closing the sale. After the transaction, the Company has not and will not have continuing involvement with the operations of Galileo, except for an equity method investment in a fund managed by Galileo.
Disposal Group, Including Discontinued Operation, Consideration (in Dollars)			$ 1
Proceeds from Sales of Business, Affiliate and Productive Assets	$ 746	$ 1
Gain (Loss) on Disposition of Business	151
Foreign Currency Transaction Gain (Loss), before Tax	$ (228)
Revenue from Contract with Customer, Including Assessed Tax					$ 235	$ 1,458
Minimum [Member]
DISCONTINUED OPERATIONS (Details) [Line Items]
Property, Plant and Equipment, Useful Life				2 years
Maximum [Member]
DISCONTINUED OPERATIONS (Details) [Line Items]
Property, Plant and Equipment, Useful Life				5 years
Investment Performance [Member] | Investment Management Services - Canada [Member] | Investment and Advisory Services [Member]
DISCONTINUED OPERATIONS (Details) [Line Items]
Revenue from Contract with Customer, Including Assessed Tax						921
Galileo [Member]
DISCONTINUED OPERATIONS (Details) [Line Items]
Aggregate Fees Waived and Expenses Borne					$ 39	343
Galileo [Member] | CANADA | Foreign Tax Authority [Member]
DISCONTINUED OPERATIONS (Details) [Line Items]
Deferred Tax Assets, Valuation Allowance						$ 183

DISCONTINUED OPERATIONS (Deta_2

DISCONTINUED OPERATIONS (Details) - Disposal Groups, Including Discontinued Operations - Galileo [Member] - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Assets
Cash and cash equivalents	$ 0	$ 1,482
Accounts and other receivables	0	200
Prepaid expenses	0	52
Net property and equipment	0	38
Other assets, non-current	0	8
Total assets held related to discontinued operations	0	1,780
Liabilities
Accounts payable	0	135
Accrued compensation and related costs	0	84
Other accrued expenses	0	262
Total liabilities held related to discontinued operations	0	481
Revenues
Revenues	235	1,458
Expenses
Employee compensation and benefits	77	534
General and administrative	508	1,121
Depreciation and amortization	6	10
	591	1,665
Other Income (Loss)
Investment income (loss)	24	18
Other income	(6)	42
	18	60
Loss from Discontinued Operations	(338)	(147)
Tax benefit	0	0
Income (loss) from discontinued operations of investment management services in Canada before income taxes	(338)	(147)
Less: net income (loss) attributable to non-controlling interest from discontinued operations	(118)	(51)
Net income (loss) attributable to U.S. Global Investors, Inc. from discontinued operations of investment management services in Canada	(220)	(96)
Investment and Advisory Services [Member]
Revenues
Revenues	$ 235	$ 1,458

INVESTMENTS (Details)

INVESTMENTS (Details) - USD ($) $ in Thousands, shares in Millions	12 Months Ended		19 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Nov. 30, 2018	Jun. 30, 2018
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI	$ 11,464	$ 15,187	$ 11,464
Equity Securities, FV-NI, Cost	$ 12,928	14,640	$ 12,928
Market value of investments to Company's total assets	60.90%		60.90%
Other investments	$ 1,283	1,404	$ 1,283
Equity Method Investments	158	309	158
Foreign Currency Transaction Gain (Loss), before Tax	228
Equity Securities, FV-NI, Unrealized Gain (Loss)	(2,011)	(2,406)
Equity Securities without Readily Determinable Fair Value, Amount	1,283	1,404	1,283		$ 2,207
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount	285	114
Equity Securities without Readily Determinable Fair Value, Downward Price Adjustment, Cumulative Amount	777		777
Equity Securities without Readily Determinable Fair Value, Downward Price Adjustment, Annual Amount	124	57
Equity Securities without Readily Determinable Fair Value, Upward Price Adjustment, Cumulative Amount	780		780
Equity Securities without Readily Determinable Fair Value, Upward Price Adjustment, Annual Amount	163	617
Income (Loss) from Equity Method Investments	(142)	23
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Net of Tax	(228)	(22)
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Cumulative Amount	536		536
Fair Value, Inputs, Level 1 [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI	$ 11,432	$ 14,355	$ 11,432
Percentage of Financial Assets Derived From Level 1 Inputs Measured at Fair Value	100.00%	95.00%	100.00%
Fair Value, Inputs, Level 2 [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI	$ 32	$ 832	$ 32
Percentage of Financial Assets Derived From Level 2 Inputs Measured at Fair Value		5.00%
U.S. Global Investors Funds [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI	7,000	$ 8,800	$ 7,000
Equity Securities [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI, Unrealized Gain (Loss)	$ (2,000)
HIVE Blockchain Technologies Ltd. ("HIVE") [Member]
INVESTMENTS (Details) [Line Items]
Investment Owned, Balance, Shares (in Shares)	10		10
Investment Owned, at Cost	$ 2,400		$ 2,400
Investment Owned, Direct Percentage	2.90%		2.90%
HIVE Blockchain Technologies Ltd. ("HIVE") [Member] | Fair Value, Inputs, Level 1 [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI	$ 2,400	3,600	$ 2,400
Thunderbird Entertainment Group [Member]
INVESTMENTS (Details) [Line Items]
Investment Owned, Direct Percentage	2.50%		2.50%
Thunderbird Entertainment Group [Member] | Equity Securities [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI	$ 1,200	1,100	$ 1,200
Thunderbird Entertainment Group [Member] | Equity Securities [Member] | Fair Value, Inputs, Level 1 [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI	1,200	377	1,200
Thunderbird Entertainment Group [Member] | Equity Securities [Member] | Fair Value, Inputs, Level 2 [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI		675
GoldSpot Discoveries, Inc. [Member] | Equity Securities [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI	$ 806	1,700	$ 806
Investment Owned, Direct Percentage	7.50%		7.50%
GoldSpot Discoveries, Inc. [Member] | Equity Securities [Member] | Fair Value, Inputs, Level 1 [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI	$ 774	1,600	$ 774
GoldSpot Discoveries, Inc. [Member] | Equity Securities [Member] | Fair Value, Inputs, Level 2 [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI	32	157	32
Galileo Technology and Blockchain Fund [Member]
INVESTMENTS (Details) [Line Items]
Equity Method Investment, Aggregate Cost					$ 401
Income (Loss) from Equity Method Investments		(50)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Net of Tax		$ (22)
Galileo Technology and Blockchain Fund [Member] | Minimum [Member]
INVESTMENTS (Details) [Line Items]
Equity Method Investment, Ownership Percentage		20.00%
Galileo Technology and Blockchain Fund [Member] | Maximum [Member]
INVESTMENTS (Details) [Line Items]
Equity Method Investment, Ownership Percentage		25.00%
Galileo Technology and Blockchain Fund LP [Member]
INVESTMENTS (Details) [Line Items]
Equity Method Investments	$ 158	$ 309	$ 158
Equity Method Investment, Aggregate Cost				$ 230
Equity Method Investment, Ownership Percentage	22.00%		22.00%
Income (Loss) from Equity Method Investments	$ (142)	$ 73
Galileo Technology and Blockchain Fund LP [Member] | Minimum [Member]
INVESTMENTS (Details) [Line Items]
Equity Method Investment, Ownership Percentage			16.00%
Galileo Technology and Blockchain Fund LP [Member] | Maximum [Member]
INVESTMENTS (Details) [Line Items]
Equity Method Investment, Ownership Percentage			22.00%

INVESTMENTS (Details) - Compone

INVESTMENTS (Details) - Components of Company's Equity Securities Measured at Fair Value - USD ($) $ in Thousands	Jun. 30, 2020	Jun. 30, 2019
Securities at fair value
Securities, Cost	$ 12,928	$ 14,640
Securities, Unrealized Gains (Losses)	(1,464)	547
Securities, Fair Value	11,464	15,187
Common Stock - International [Member]
Securities at fair value
Securities, Cost	5,641	5,641
Securities, Unrealized Gains (Losses)	(1,162)	790
Securities, Fair Value	4,479	6,431
Common Stock - Domestic [Member]
Securities at fair value
Securities, Cost	45	45
Securities, Unrealized Gains (Losses)	(45)	(45)
Securities, Fair Value	0	0
Fixed Income Securities [Member]
Securities at fair value
Securities, Cost	6,313	8,025
Securities, Unrealized Gains (Losses)	9	(4)
Securities, Fair Value	6,322	8,021
Mutual Funds, Domestic Equity [Member]
Securities at fair value
Securities, Cost	929	929
Securities, Unrealized Gains (Losses)	(266)	(194)
Securities, Fair Value	$ 663	$ 735

INVESTMENTS (Details) - Investm

INVESTMENTS (Details) - Investment Income (Loss) Reflected in Earnings - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Investment Income (Loss) Reflected in Earnings [Abstract]
Unrealized losses on fair valued securities	$ (2,011)	$ (2,406)
Unrealized gains on equity securities without readily determinable fair values	0	617
Realized gains on sales of fair valued securities	0	23
Realized gain on sale of subsidiary	151	0
Realized foreign currency losses	(232)	(26)
Impairments in equity investments that do not have readily determinable fair values	(285)	(114)
Dividend and interest income	166	324
Total Investment Income (Loss)	$ (2,211)	$ (1,582)

INVESTMENTS (Details) - Fair Va

INVESTMENTS (Details) - Fair Value, Assets Measured on Recurring Basis - USD ($) $ in Thousands	Jun. 30, 2020	Jun. 30, 2019
Securities at fair value
Total securities fair value	$ 11,464	$ 15,187
Fair Value, Inputs, Level 1 [Member]
Securities at fair value
Total securities fair value	11,432	14,355
Fair Value, Inputs, Level 2 [Member]
Securities at fair value
Total securities fair value	32	832
Fair Value, Inputs, Level 3 [Member]
Securities at fair value
Total securities fair value	0	0
Common Stock - International [Member]
Securities at fair value
Total securities fair value	4,479	6,431
Common Stock - International [Member] | Fair Value, Inputs, Level 1 [Member]
Securities at fair value
Total securities fair value	4,447	5,599
Common Stock - International [Member] | Fair Value, Inputs, Level 2 [Member]
Securities at fair value
Total securities fair value	32	832
Common Stock - International [Member] | Fair Value, Inputs, Level 3 [Member]
Securities at fair value
Total securities fair value	0	0
Common Stock - Domestic [Member]
Securities at fair value
Total securities fair value	0	0
Common Stock - Domestic [Member] | Fair Value, Inputs, Level 1 [Member]
Securities at fair value
Total securities fair value	0	0
Common Stock - Domestic [Member] | Fair Value, Inputs, Level 2 [Member]
Securities at fair value
Total securities fair value	0	0
Common Stock - Domestic [Member] | Fair Value, Inputs, Level 3 [Member]
Securities at fair value
Total securities fair value	0	0
Fixed Income Securities [Member]
Securities at fair value
Total securities fair value	6,322	8,021
Fixed Income Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Securities at fair value
Total securities fair value	6,322	8,021
Fixed Income Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Securities at fair value
Total securities fair value	0	0
Fixed Income Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Securities at fair value
Total securities fair value	0	0
Mutual Funds, Domestic Equity [Member]
Securities at fair value
Total securities fair value	663	735
Mutual Funds, Domestic Equity [Member] | Fair Value, Inputs, Level 1 [Member]
Securities at fair value
Total securities fair value	663	735
Mutual Funds, Domestic Equity [Member] | Fair Value, Inputs, Level 2 [Member]
Securities at fair value
Total securities fair value	0	0
Mutual Funds, Domestic Equity [Member] | Fair Value, Inputs, Level 3 [Member]
Securities at fair value
Total securities fair value	$ 0	$ 0

INVESTMENTS (Details) - Equity

INVESTMENTS (Details) - Equity Securities without Readily Determinable Fair Value - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Equity Securities without Readily Determinable Fair Value [Abstract]
Carrying amount, beginning of period	$ 1,404	$ 2,207
Adjustments:
Purchases	125	250
Reclassification to securities at fair value	0	(1,499)
Impairments	(285)	(114)
Other downward adjustments	(124)	(57)
Upward adjustments	163	617
Carrying amount, end of period	$ 1,283	$ 1,404

INVESTMENT MANAGEMENT AND OTH_3

INVESTMENT MANAGEMENT AND OTHER FEES (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Base percentage adjustment, fund performance not within benchmark index	0.25%
Minimum performance to designated benchmark over prior rolling twelve months, percent	5.00%
U.S. Global Investors Funds [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Aggregate Fees Waived and Expenses Borne	$ 584	$ 732
U.S. Global Investors Funds [Member] | Equity Funds [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Base percentage adjustment, fund performance not within benchmark index	0.25%
Minimum performance to designated benchmark over prior rolling twelve months, percent	5.00%
U.S. Global ETFs [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Unitary Management Fee, Percentage of Average Net Assets	0.60%
Fund Clients [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Receivables, Net, Current	$ 869	201
Fund Clients [Member] | U.S. Global Investors Funds [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Receivables, Net, Current	187	159
Fund Clients [Member] | U.S. Global ETFs [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Receivables, Net, Current	$ 682	$ 42
Investor Class Shares [Member] | U.S. Global Investors Funds [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Administrative fee rate	0.05%	0.05%
Institutional Class Shares [Member] | U.S. Global Investors Funds [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Administrative fee rate	0.04%	0.04%

INVESTMENT MANAGEMENT AND OTH_4

INVESTMENT MANAGEMENT AND OTHER FEES (Details) - Disaggregation of Revenue - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Disaggregation of Revenue [Line Items]
Revenues	$ 4,476	$ 3,459
Investment and Advisory Services [Member] | U.S. Global ETFs [Member]
Disaggregation of Revenue [Line Items]
Revenues	1,743	588
Investment Management Services [Member]
Disaggregation of Revenue [Line Items]
Revenues	4,311	3,274
Administrative Service [Member]
Disaggregation of Revenue [Line Items]
Revenues	165	185
Administrative Service [Member] | U.S. Global Investors Funds [Member]
Disaggregation of Revenue [Line Items]
Revenues	165	185
Investment and Advisory Services [Member] | Base Advisory Fee [Member[ | U.S. Global Investors Funds [Member]
Disaggregation of Revenue [Line Items]
Revenues	3,093	3,230
Investment and Advisory Services [Member] | Investment Performance [Member] | U.S. Global Investors Funds [Member]
Disaggregation of Revenue [Line Items]
Revenues	$ (525)	$ (544)

RESTRICTED CASH (Details) - Res

RESTRICTED CASH (Details) - Restrictions on Cash and Cash Equivalents - USD ($) $ in Thousands	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Restrictions on Cash and Cash Equivalents [Abstract]
Cash and cash equivalents	$ 1,936	$ 1,466
Restricted cash	1,025	1,025
Total cash, cash equivalents, and restricted cash	$ 2,961	$ 2,491	$ 5,766

NOTES RECEIVABLE (Details)

NOTES RECEIVABLE (Details) - Notes Receivable [Member] - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2020
NOTES RECEIVABLE (Details) [Line Items]
Note Receivable, Face Amount	$ 199
Note receivable, interest rate	15.00%
Note recievable, Maturity	2021
Financing Receivable, after Allowance for Credit Loss, Current	$ 199	$ 0

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 202	$ 214

PROPERTY AND EQUIPMENT (Detai_2

PROPERTY AND EQUIPMENT (Details) - Property, Plant and Equipment - USD ($) $ in Thousands	Jun. 30, 2020	Jun. 30, 2019
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 5,444	$ 5,648
Accumulated depreciation	(3,938)	(3,940)
Net property and equipment	1,506	1,708
Land and Building [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	4,597	4,597
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 847	$ 1,051

OTHER ACCRUED EXPENSES (Details

OTHER ACCRUED EXPENSES (Details) - Schedule of Accrued Liabilities - USD ($) $ in Thousands	Jun. 30, 2020	Jun. 30, 2019
Schedule of Accrued Liabilities [Abstract]
Professional fees	$ 314	$ 266
Vendors payable	113	103
ETF operating and distribution expenses	542	80
Taxes payable	46	47
Other accrued expenses	$ 1,015	$ 496

BORROWINGS (Details)

BORROWINGS (Details) $ in Thousands	Apr. 12, 2020USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)
BORROWINGS (Details) [Line Items]
Credit facility with a one-year maturity for working capital		$ 1,000
Amended credit agreement expiration date		May 31, 2021
Debt Instrument, Face Amount	$ 442
Debt Instrument, Interest Rate, Stated Percentage	1.00%
Debt Instrument, Maturity Date	Apr. 12, 2022
Debt Instrument, Payment Terms	Payment terms are to make seventeen consecutive monthly payments of principal and interest in an amount sufficient to fully amortize the loan over the remaining term, commencing six months after the effective date, and a final payment on the earliest of the acceleration of the promissory note; or the maturity date.
Notes Payable, Current		$ 442	$ 0
Interest Expense, Debt		$ 1
Line of Credit Facility, Collateral		collateralized by approximately $1 million at June 30, 2020, included in restricted cash on the balance sheet, held in deposit in a money market account at the financial institution that provided the credit facility
Maximum [Member]
BORROWINGS (Details) [Line Items]
Number of Employees	25

LEASES (Details)

LEASES (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
LEASES (Details) [Line Items]
Description of Lessor Leasing Arrangements, Operating Leases	The Company is the lessor of certain areas of its owned office building under operating leases expiring in various years through fiscal year 2023.
Lease Income	$ 92	$ 36
Lessor Contracts, Asset	$ 7	0
Lessor, Operating Lease, Description	The Company may terminate the building leases with one hundred eighty days written notice if it sells the property. If the Company terminates the lease, the Company will pay the tenant a termination fee of the lesser of six months of the base monthly rent or the base monthly rent times the number of months remaining in the initial term.
Continuing Operations [Member]
LEASES (Details) [Line Items]
Lease expenses	$ 153	167
Discontinued Operations [Member]
LEASES (Details) [Line Items]
Lease expenses	$ 74	$ 109

LEASES (Details) - Lease, Cost

LEASES (Details) - Lease, Cost - Continuing Operations [Member] $ in Thousands	12 Months Ended
	Jun. 30, 2020USD ($)
LEASES (Details) - Lease, Cost [Line Items]
Operating lease cost	$ 53
Short-term lease cost	100
Total lease cost	153
Operating cash flows from operating leases	53
Net operating lease liabilities	$ 141
Weighted-average remaining lease term (in years)	1 year 302 days
Weighted-average discount rate	4.11%

LEASES (Details) - Schedule of

LEASES (Details) - Schedule of Future Minimum Rental Payments for Operating Leases $ in Thousands	Jun. 30, 2020USD ($)
Schedule of Future Minimum Rental Payments for Operating Leases [Abstract]
2021	$ 53
2022	44
Total lease payments	97
Less imputed interest	(4)
Total	$ 93

LEASES (Details) - Lessor, Oper

LEASES (Details) - Lessor, Operating Lease, Payments to be Received, Maturity $ in Thousands	Jun. 30, 2020USD ($)
Lessor, Operating Lease, Payments to be Received, Maturity [Abstract]
2021	$ 97
2022	81
2023	34
Total lease payments	$ 212

BENEFIT PLANS (Details)

BENEFIT PLANS (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
BENEFIT PLANS (Details) [Line Items]
Company percentage match of participants contributions for the first three percent of compenation	100.00%	100.00%
Percentage of first compensation	3.00%	3.00%
Company percentage match of participants contributions for next two percent of compensation	50.00%	50.00%
Percentage of next compensation	2.00%	2.00%
Company 401(k) Match (in Dollars)	$ 77	$ 81
Profit Sharing Contributions (in Dollars)	0	0
Company match of savings programs (in Dollars)	$ 16	$ 17
Employee Stock Purchase Plan [Member]
BENEFIT PLANS (Details) [Line Items]
Shares of treasury stock purchased by employees (in Shares)	1,648	2,461

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details) $ / shares in Units, $ in Thousands	3 Months Ended	12 Months Ended		84 Months Ended
	Sep. 30, 2020$ / shares	Jun. 30, 2020USD ($)$ / sharesshares	Jun. 30, 2019USD ($)$ / sharesshares	Dec. 31, 2019USD ($)shares	Jun. 30, 2018shares
STOCKHOLDERS' EQUITY (Details) [Line Items]
Stock Repurchase Program, Remaining Authorized Repurchase Amount (in Dollars) | $		$ 2,640
Repurchasing Amount (in Dollars) | $		$ 113	$ 24
Number of options granted		0	0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number		2,000	4,000		4,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period		0	0
Monthly Dividends Paid [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Common Stock, Dividends, Per Share, Cash Paid (in Dollars per share) | $ / shares		$ 0.0025	$ 0.0025
Forecast [Member] | Monthly Dividend Authorized [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Monthly dividend (in Dollars per share) | $ / shares	$ 0.0025
Common Class B [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Common Stock, Shares, Issued		0	0
Common Class A [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Common Stock, Shares, Issued		13,866,913	13,866,751
Dividends, Cash (in Dollars) | $		$ 390	$ 392
Number of shares repurchased		105,721	20,575
Repurchasing Amount (in Dollars) | $		$ 113	$ 24
Common Class A [Member] | 1989 Plan [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Number of shares authorized under Stock Option Plan		1,600,000
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights		six months from the grant date or 20 percent on the first, second, third, fourth, and fifth anniversaries of the grant date
Annual award vesting, percentage		20.00%
Stock Option Plan expiration		10 years
Number of options granted		0	0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number		0
Common Class A [Member] | 1997 Plan [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Number of shares authorized under Stock Option Plan		400,000
Stock Option Plan expiration		10 years
Number of options granted		0	0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number		2,000
Number of options, options forfeited		2,000	0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period		0	0
Common Class A [Member] | Director [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Class A common stock granted		3,600	3,600
Class A common stock granted (in Dollars per share) | $ / shares		$ 1.61	$ 1.34
Common Class A [Member] | Key Advisor [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Class A common stock granted		50,000	0
Class A common stock granted (in Dollars per share) | $ / shares		$ 1.95
Common Class A [Member] | Employee and Director [Member] | Treasury Stock [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Adjustment to additional paid in capital from shares issued with a weighted average cost basis greater than the current fair value (in Dollars) | $		$ (17)	$ (6)
Common Class C [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Common Stock, Shares, Issued		2,068,635	2,068,797
Dividends, Cash (in Dollars) | $		$ 62	$ 62
Number of shares converted		(162)	(60)
Conversion ratio, shares issued as a result of stock conversion		1	1
Share Repurchase Plan, December 2012 Renewal, December 2013, December 2014, December 2015, December 2016, December 2017, December 2018 and December 2019 [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Stock repurchase program, authorized amount (in Dollars) | $		$ 2,750
Repurchasing Amount (in Dollars) | $				$ 1,500
Number of shares repurchased				666,531

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details) - Schedule of Share-based Compensation, Activity - USD ($)	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Schedule of Share-based Compensation, Activity [Abstract]
Outstanding, Shares	2,000	4,000	4,000
Outstanding, Weighted Average Exercise Price	$ 2.74	$ 7.53	$ 7.53
Outstanding, Weighted Average Remaining Contractual Life	7 years 262 days
Outstanding, Aggregate Intrinsic Value	$ 0	$ 0
Granted, Shares	0	0
Granted, Weighted Average Exercise Price	$ 0	$ 0
Exercised, Shares	0	0
Exercised, Weighted Average Exercise Price	$ 0	$ 0
Forfeited, Shares	(2,000)	0
Forfeited, Weighted Average Exercise Price	$ 12.31	$ 0

STOCKHOLDERS' EQUITY (Details_2

STOCKHOLDERS' EQUITY (Details) - Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable - 1997 Plan [Member] - Common Class A [Member]	12 Months Ended
	Jun. 30, 2020$ / sharesshares
STOCKHOLDERS' EQUITY (Details) - Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Line Items]
Options Outstanding, Shares | shares	2,000
Options Outstanding, Remaining Life in Years	7 years 262 days
Options Outstanding, Weighted Average Exercise Price | $ / shares	$ 2.74
Options Exercisable, Shares | shares	2,000
Options Exercisable, Weighted Average Exercise Price | $ / shares	$ 2.74
March 21, 2018 [Member]
STOCKHOLDERS' EQUITY (Details) - Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Line Items]
Options Outstanding, Date of Option Grant	Mar. 21, 2018
Options Outstanding, Shares | shares	2,000
Options Outstanding, Remaining Life in Years	7 years 262 days
Options Outstanding, Weighted Average Exercise Price | $ / shares	$ 2.74
Options Exercisable, Shares | shares	2,000
Options Exercisable, Weighted Average Exercise Price | $ / shares	$ 2.74

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Thousands	Mar. 27, 2020	Jun. 30, 2020	Jun. 30, 2019
INCOME TAXES (Details) [Line Items]
Other Information Pertaining to Income Taxes	The CARES Act was signed into law on March 27, 2020. While a number of the CARES Act’s provisions will be reflected in future accounting periods, certain income tax accounting measures are reflected in the period of enactment. The business tax provisions of the Act include temporary changes to income and non-income-based tax laws. Some of the key income tax provisions that may affect the Company include: ● Eliminating the 80% of taxable income limitations by allowing corporate entities to fully utilize net operating loss (NOL) carryforwards generated during the 2019 and 2020 fiscal years to offset taxable income in the 2019, 2020 or 2021 fiscal years and reinstating the limitation with the 2022 fiscal year; ● Allowing net operating losses generated in fiscal years 2019, 2020 or 2021(tax years 2018, 2019 and 2020) to be carried back five years; ● Allowing entities to deduct more of their charitable cash contributions made during calendar year 2020 by increasing the taxable income limitation to 25% from 10%. ● Modification of the adjusted taxable income limitation from 30% to 50% for fiscal years 2020 and 2021 (tax years 2019 and 2020) for computing deductible interest.
Valuation allowance		$ 2,762	$ 1,877
Domestic Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover		8,800
Expiring in Fiscal Year 2035 [Member] | Domestic Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover		2,000
Expiring in Fiscal Year 2036 [Member] | Domestic Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover		2,700
No Expiration Date [Member] | Domestic Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Deferred Tax Assets, Operating Loss Carryforwards, Not Subject to Expiration		4,100
Capital Loss Carryforward [Member] | Domestic Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Tax credit carryforward		1,100
Charitable Contributions [Member] | Domestic Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Tax credit carryforward		36
Expiring in Fiscal Year 2022 [Member] | Capital Loss Carryforward [Member] | Domestic Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Tax credit carryforward		728
Expiring in Fiscal Year 2023 [Member] | Capital Loss Carryforward [Member] | Domestic Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Tax credit carryforward		348
Expiring in Fiscal Year 2023 [Member] | Charitable Contributions [Member] | Domestic Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Tax credit carryforward		10
Expiring in Fiscal Year 2021 [Member] | Charitable Contributions [Member] | Domestic Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Tax credit carryforward		5
Expiring in Fiscal Year 2024 [Member] | Charitable Contributions [Member] | Domestic Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Tax credit carryforward		5
Expiring in Fiscal Year 2025 [Member] | Charitable Contributions [Member] | Domestic Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Tax credit carryforward		16
CANADA | Expiring Fiscal Year 2040 [Member] | Foreign Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover		$ 122

INCOME TAXES (Details) - Schedu

INCOME TAXES (Details) - Schedule of Income before Income Tax, Domestic and Foreign - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Schedule of Income before Income Tax, Domestic and Foreign [Abstract]
United States	$ (3,261)	$ (1,613)
Canada	(1,716)	(2,803)
Income (Loss) Before Income Taxes	$ (4,977)	$ (4,416)

INCOME TAXES (Details) - Sche_2

INCOME TAXES (Details) - Schedule of Effective Income Tax Rate Reconciliation - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Schedule of Effective Income Tax Rate Reconciliation [Abstract]
Tax expense (benefit) at statutory rate - continuing operations	$ (974)	$ (896)
Tax expense (benefit) at statutory rate - continuing operations	21.00%	21.00%
Tax benefit from change in foreign unrealized gain/loss	$ (203)	$ (679)
Tax benefit from change in foreign unrealized gain/loss	4.40%	15.90%
Change in valuation allowance	$ 885	$ 353
Change in valuation allowance	(19.10%)	(8.30%)
Rate difference on foreign deferred income	$ 153	$ 327
Rate difference on foreign deferred income	(3.30%)	(7.70%)
Other	$ (36)	$ (82)
Other	0.80%	2.00%
Total tax expense (benefit) - continuing operations	$ (175)	$ (977)
Total tax expense (benefit) - continuing operations	3.80%	22.90%

INCOME TAXES (Details) - Sche_3

INCOME TAXES (Details) - Schedule of Components of Income Tax Expense (Benefit) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Continuing Operations
Current tax expense (benefit) - U.S. Federal	$ (1)	$ 4
Current tax expense (benefit) - Non-U.S.	3	(15)
Deferred tax expense - U.S. Federal	0	0
Deferred tax benefit - Non-U.S.	(177)	(966)
Total tax benefit - continuing operations	(175)	(977)
Discontinued Operations
Current tax expense (benefit) - Non-U.S.	0	0
Total tax benefit	$ (175)	$ (977)

INCOME TAXES (Details) - Sche_4

INCOME TAXES (Details) - Schedule of Deferred Tax Assets and Liabilities - USD ($) $ in Thousands	Jun. 30, 2020	Jun. 30, 2019
Book/tax differences in the balance sheet
Investments in securities at fair value	$ 448	$ (99)
Prepaid expenses	(50)	(45)
Accumulated depreciation	105	111
Other investments	(65)	(124)
Equity method investments	14	(6)
Accrued expenses	148	72
Product start-up costs	60	60
Other	(19)	(55)
Tax Carryovers
Net operating loss carryover	1,887	1,573
Charitable contributions carryover	8	8
Capital loss carryover	226	249
Valuation Allowance	(2,762)	(1,877)
Net deferred tax liability	$ 0	$ (133)

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - shares	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Share-based Payment Arrangement, Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Employee stock options excluded from diluted EPS	2,000	4,000

EARNINGS PER SHARE (Details) -

EARNINGS PER SHARE (Details) - Schedule of Earnings Per Share, Basic and Diluted - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Schedule of Earnings Per Share, Basic and Diluted [Abstract]
Loss from Continuing Operations (in Dollars)	$ (4,464)	$ (3,292)
Loss from Discontinued Operations (in Dollars)	(338)	(147)
Less: Net Loss Attributable to Non-Controlling Interest from Discontinued Operations (in Dollars)	(118)	(51)
Net Loss Attributable from Discontinued Operations to U.S. Global Investors, Inc. (in Dollars)	(220)	(96)
Net Loss Attributable to U.S. Global Investors, Inc. (in Dollars)	$ (4,684)	$ (3,388)
Weighted average number of outstanding shares
Basic (in Shares)	15,108,394	15,138,351
Employee stock options (in Shares)	0	0
Diluted (in Shares)	15,108,394	15,138,351
Basic Net Loss per Share
Loss from continuing operations	$ (0.30)	$ (0.22)
Loss from discontinued operations	(0.01)	0
Net loss	(0.31)	(0.22)
Diluted Net Loss per Share
Loss from continuing operations	(0.30)	(0.22)
Loss from discontinued operations	(0.01)	0
Net loss	$ (0.31)	$ (0.22)

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS ) (Details) - Schedule of Accumulated Other Comprehensive Income (Loss) - USD ($) $ in Thousands		12 Months Ended
		Jun. 30, 2020	Jun. 30, 2019
Schedule of Accumulated Other Comprehensive Income (Loss) [Abstract]
Accumulated other comprehensive income (loss), net of tax, balance		$ (206)	$ 1,858
Foreign currency translation adjustment, net of tax	[1]	(26)	3
Amount reclassified from AOCI, net of tax	[1]	228	22
Reclassification as a result of adoption of accounting guidance	[2]	0	(2,089)
Accumulated other comprehensive income (loss), net of tax, balance		$ (4)	$ (206)
[1]	Amounts include no tax expense or benefit.
[2]	Effective July 1, 2018, upon adoption of ASU 2016-01, the Company no longer has an available-for-sale category for equity securities for which changes in fair value are recognized in other comprehensive income (loss).

FINANCIAL INFORMATION BY BUSI_3

FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) - Investment Management Services [Member] - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
U.S. Global Investors Funds [Member]
FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) [Line Items]
Net operating revenues	$ 2,700	$ 2,900
U.S. Global ETFs [Member]
FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) [Line Items]
Net operating revenues	$ 1,700	$ 588

FINANCIAL INFORMATION BY BUSI_4

FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) - Schedule Details of Financial Information by Business Segment - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Segment Reporting Information [Line Items]
Net operating revenues	$ 4,476	$ 3,459
Investment loss	(2,211)	(1,582)
Income (loss) from equity method investments	(142)	23
Other income	117	47
Loss from continuing operations before income taxes	(4,639)	(4,269)
Depreciation and amortization	202	214
Gross identifiable assets	18,816
Deferred tax asset	0
Consolidated total assets	18,816	23,744
Investment Management Services [Member]
Segment Reporting Information [Line Items]
Net operating revenues	4,476	3,459
Investment loss	0	0
Income (loss) from equity method investments	0	0
Other income	117	47
Loss from continuing operations before income taxes	(2,071)	(2,444)
Depreciation and amortization	202	201
Gross identifiable assets	5,654
Corporate Investments [Member]
Segment Reporting Information [Line Items]
Net operating revenues	0	0
Investment loss	(2,211)	(1,582)
Income (loss) from equity method investments	(142)	23
Other income	0	0
Loss from continuing operations before income taxes	(2,568)	(1,825)
Depreciation and amortization	0	$ 13
Gross identifiable assets	$ 13,162

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Equity Securities, FV-NI	$ 11,464	$ 15,187
Equity Method Investments	158	309
Income (Loss) from Equity Method Investments	(142)	23
Accounts and Other Receivables, Net, Current	974	309
Investment Income, Interest and Dividend	166	324
U.S. Global Investors Funds [Member]
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Equity Securities, FV-NI	7,000	8,800
Investment Income, Dividends and Capital Gains	97	181
Recognized Gains (Losses) on Related Party Securities, Net	0	23
Thunderbird Entertainment Group [Member]
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Equity Securities, FV-NI	1,200	1,100
Investment Income, Interest and Dividend	0	31
Mutual Fund [Member]
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Accounts and Other Receivables, Net, Current	869	201
HIVE Blockchain Technologies Ltd. ("HIVE") [Member]
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Equity Securities, FV-NI	2,400	3,600
GoldSpot Discoveries, Inc. [Member]
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Equity Securities, FV-NI	806	1,700
Galileo Technology and Blockchain LP [Member]
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Equity Method Investments	$ 158	$ 309

CONTINGENCIES AND COMMITMENTS (

CONTINGENCIES AND COMMITMENTS (Details) - Forecast [Member] $ / shares in Units, $ in Thousands	3 Months Ended
	Sep. 30, 2020USD ($)$ / shares
Monthly Dividend Authorized [Member]
CONTINGENCIES AND COMMITMENTS (Details) [Line Items]
Monthly Dividend Declared | $ / shares	$ 0.0025
Class A and C [Member]
CONTINGENCIES AND COMMITMENTS (Details) [Line Items]
Amount of cash dividends to be paid to class A and C shareholders | $	$ 113