U.S. Global Investors (GROW) 10-K 8 Dec 21 2021 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Jun. 30, 2021	Nov. 29, 2021	Dec. 31, 2020
Document Information Line Items
Entity Registrant Name	U.S. GLOBAL INVESTORS, INC.
Trading Symbol	GROW
Document Type	10-K
Current Fiscal Year End Date	--06-30
Entity Public Float			$ 59,914,215
Amendment Flag	false
Entity Central Index Key	0000754811
Entity Current Reporting Status	No
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Well-known Seasoned Issuer	No
Document Period End Date	Jun. 30, 2021
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Document Annual Report	true
Document Transition Report	false
Entity File Number	0-13928
Entity Incorporation, State or Country Code	TX
Entity Tax Identification Number	74-1598370
Entity Address, Address Line One	7900 Callaghan Road
Entity Address, City or Town	San Antonio
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	78229
City Area Code	210
Local Phone Number	308-1234
Title of 12(b) Security	Class A common stock, $0.025 par value per share
Security Exchange Name	NASDAQ
Entity Interactive Data Current	No
Common Class A [Member]
Document Information Line Items
Entity Common Stock, Shares Outstanding		12,952,861
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, 2021	Jun. 30, 2020
Current Assets
Cash and cash equivalents	$ 14,436	$ 1,936
Restricted cash	1,000	1,025
Investments in securities at fair value	6,322	6,322
Accounts and other receivables	2,534	974
Tax receivable	2,147	0
Prepaid expenses	350	285
Total Current Assets	26,789	10,542
Net Property and Equipment	1,376	1,506
Other Assets
Investments in equity securities at fair value, non-current	11,936	5,142
Investments in available-for-sale debt securities at fair value	17,049	0
Investments in held-to-maturity debt securities	1,000	0
Other investments	3,453	1,283
Equity method investments	532	158
Right of use assets	43	93
Other assets, non-current	99	92
Total Other Assets	34,112	6,768
Total Assets	62,277	18,816
Current Liabilities
Accounts payable	102	29
Accrued compensation and related costs	1,561	360
Dividends payable	226	113
Lease liability, short-term	43	50
Other accrued expenses	1,345	1,015
Taxes payable	1,877	0
Note payable, current	0	442
Total Current Liabilities	5,154	2,009
Long-Term Liabilities
Deferred tax liability	2,799	0
Lease liability, long-term	0	43
Total Long-Term Liabilities	2,799	43
Total Liabilities	7,953	2,052
Commitments and Contingencies (Note 18)
Shareholders’ Equity
Additional paid-in-capital	15,677	15,623
Treasury stock, class A shares at cost; 898,953 shares and 855,432 shares at June 30, 2021, and June 30, 2020, respectively	(2,172)	(1,879)
Accumulated other comprehensive income (loss), net of tax	6,587	(4)
Retained earnings	33,833	2,625
Total Shareholders’ Equity	54,324	16,764
Total Liabilities and Shareholders’ Equity	62,277	18,816
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, 2021	Jun. 30, 2020
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	13,866,913
Treasury stock, class A shares at cost; shares	898,953	855,432
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	2,068,635

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Operating Revenues
Revenues	$ 21,654	$ 4,476
Employee compensation and benefits	7,369	2,840
General and administrative	5,704	3,663
Advertising	220	174
Depreciation and amortization	196	202
	13,489	6,879
Operating Income (Loss)	8,165	(2,403)
Investment income (loss)	28,338	(2,211)
Income (loss) from equity method investments	347	(142)
Gain on forgiveness of PPP loan	444	0
Other income	144	117
	29,273	(2,236)
Income (Loss) from Continuing Operations Before Income Taxes	37,438	(4,639)
Provision for Income Taxes
Tax expense (benefit)	5,477	(175)
Income (Loss) from Continuing Operations	31,961	(4,464)
Discontinued Operations
Loss from discontinued operations of investment management services in Canada before income taxes	0	(338)
Tax benefit	0	0
Loss from Discontinued Operations	0	(338)
Net Income (Loss)	31,961	(4,802)
Less: Net Loss Attributable to Non-Controlling Interest from Discontinued Operations	0	(118)
Net Income (Loss) Attributable to U.S. Global Investors, Inc.	$ 31,961	$ (4,684)
Basic Net Income (Loss) per Share
Income (loss) from continuing operations (in Dollars per share)	$ 2.12	$ (0.3)
Loss from discontinued operations (in Dollars per share)	0	(0.01)
Net income (loss) (in Dollars per share)	2.12	(0.31)
Diluted Net Income (Loss) per Share
Income (loss) from continuing operations (in Dollars per share)	2.12	(0.3)
Loss from discontinued operations (in Dollars per share)	0	(0.01)
Net income (loss) (in Dollars per share)	$ 2.12	$ (0.31)
Basic weighted average number of common shares outstanding (in Shares)	15,067,044	15,108,394
Diluted weighted average number of common shares outstanding (in Shares)	15,067,953	15,108,394
Investment Advisory Services [Member]
Operating Revenues
Revenues	$ 21,445	$ 4,311
Administrative Service [Member]
Operating Revenues
Revenues	$ 209	$ 165

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS ) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Statement of Comprehensive Income [Abstract]
Net Income (Loss) Attributable to U.S. Global Investors, Inc.	$ 31,961	$ (4,684)
Other Comprehensive Income (Loss), Net of Tax:
Unrealized gains on available-for-sale securities arising during period	7,496	0
Less: reclassification adjustment for gains included in net income	(932)	0
Net change from available-for-sale securities, net of tax	6,564	0
Foreign currency translation adjustment	27	88
Reclassification of foreign currency losses to net loss	0	228
Other Comprehensive Income	6,591	316
Comprehensive Income (Loss)	38,552	(4,368)
Less: Comprehensive Income Attributable to Non-Controlling Interest	0	114
Comprehensive Income (Loss) Attributable to U.S. Global Investors, Inc.	$ 38,552	$ (4,482)

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Common Class A [Member]Common Stock [Member]	Common Class A [Member]Treasury Stock [Member]	Common Class A [Member]	Common Class C [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, 2019	$ 347			$ 52		$ 15,646	$ (1,888)	$ (206)	$ 7,761	$ 467	$ 22,179
Balance (in Shares) at Jun. 30, 2019	13,866,751			2,068,797			804,959
Purchases of shares of Common Stock (class A)		$ (113)	$ (113)
Purchases of shares of Common Stock (class A) (in Shares)		105,721	105,721
Issuance of stock under ESPP shares of Common Stock (class A)						(1)	$ 4				3
Issuance of stock under ESPP shares of Common Stock (class A) (in Shares)							(1,648)
Conversion of shares of class C common stock for class A common stock (in Shares)	162			(162)
Dividends declared									(452)		(452)
Stock bonuses						(16)	$ 118				102
Stock bonuses (in Shares)							(53,600)
Stock-based compensation expense						(6)					(6)
Deconsolidation of non-controlling interest										(463)	(463)
Other comprehensive income, net of tax								202		114	316
Net income (loss)									(4,684)	$ (118)	(4,802)
Balance at Jun. 30, 2020	$ 347			$ 52		15,623	$ (1,879)	(4)	2,625		16,764
Balance (in Shares) at Jun. 30, 2020	13,866,913		13,866,913	2,068,635	2,068,635		855,432
Purchases of shares of Common Stock (class A)							$ (314)				(314)
Purchases of shares of Common Stock (class A) (in Shares)			53,151				53,151
Issuance of stock under ESPP shares of Common Stock (class A)						8	$ 5				13
Issuance of stock under ESPP shares of Common Stock (class A) (in Shares)							(2,330)
Dividends declared									(753)		(753)
Stock bonuses						3	$ 16				19
Stock bonuses (in Shares)							(7,300)
Stock-based compensation expense						43					43
Other comprehensive income, net of tax								6,591			6,591
Net income (loss)									31,961		31,961
Balance at Jun. 30, 2021	$ 347			$ 52		$ 15,677	$ (2,172)	$ 6,587	$ 33,833		$ 54,324
Balance (in Shares) at Jun. 30, 2021	13,866,913		13,866,913	2,068,635	2,068,635		898,953

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Cash Flows from Operating Activities:
Net income (loss)	$ 31,961	$ (4,802)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	196	202
Net recognized loss on disposal of fixed assets	7	0
Net recognized gain on securities	(16,566)	0
Amortization of premium on debt securities	178	0
Accretion of discount on debt securities	(1,180)	0
Unrealized (gains) losses on securities	(9,909)	2,296
Investment basis adjustment	27	(49)
Gain on disposal of Galileo	0	(151)
Net (income) loss from equity method investment	(347)	142
Net loss from discontinued operations, net of tax	0	338
Foreign currency transaction loss	0	228
Provision for deferred taxes	1,055	(139)
Stock bonuses	19	102
Stock-based compensation expense	43	0
PPP loan forgiveness	(444)	0
Changes in operating assets and liabilities:
Accounts and other receivables	(3,685)	(665)
Prepaid expenses and other assets	(22)	(113)
Accounts payable and accrued expenses	3,433	659
Total adjustments	(27,195)	2,850
Net cash provided by (used in) operating activities	4,766	(1,952)
Cash Flows from Investing Activities:
Purchase of property and equipment	(73)	0
Purchase of equity securities at fair value, non-current	(5,988)	0
Purchase of other investments	(863)	(125)
Purchase of held-to-maturity debt securities	(1,000)	0
Purchase of available-for-sale debt securities at fair value	(9,147)	0
Proceeds from sale of Galileo	0	746
Proceeds from note receivable	0	199
Proceeds from principal paydowns of available-for-sale debt securities at fair value	1,408	0
Return of capital on other investments	0	10
Net cash provided by investing activities	8,650	2,542
Cash Flows from Financing Activities:
Proceeds from loan	0	442
Issuance of common stock	13	3
Repurchases of common stock	(314)	(113)
Dividends paid	(640)	(452)
Net cash used in financing activities	(941)	(120)
Net increase in cash, cash equivalents, and restricted cash	12,475	470
Beginning cash, cash equivalents, and restricted cash	2,961	2,491
Ending cash, cash equivalents, and restricted cash	15,436	2,961
Supplemental Disclosures of Non-Cash Investing Activities
Dividends declared but not paid	226	113
Unsettled sales of non-current investments	22	0
Supplemental Disclosures of Cash Flow Information
Cash paid for income taxes	4,696	3
Other Current Assets [Member]
Cash Flows from Investing Activities:
Proceeds on sale of securities at fair value	0	1,712
Proceeds on sale of equity securities at fair value, non-current	0	1,712
Other Noncurrent Assets [Member]
Cash Flows from Investing Activities:
Proceeds on sale of securities at fair value	24,313	0
Proceeds on sale of equity securities at fair value, non-current	$ 24,313	$ 0

ORGANIZATION

ORGANIZATION	12 Months Ended
	Jun. 30, 2021
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”). 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. 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. Should the global financial markets be negatively affected by COVID-19, 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 impact.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Jun. 30, 2021
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 $7.3 million at June 30, 2021, and $7.0 million at June 30, 2020. 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, but this entity does not qualify as a VIE. Since it is not a VIE, the Company evaluated if it should consolidate it 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 entity and, therefore, does not consolidate it. However, the Company was considered to have the ability to exercise significant influence. Thus, the investment has been accounted for under the equity method of accounting. See further information about this investment 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. Embedded derivatives. 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 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, (“ASU 2019-04”). ASU 2019-04 clarifies areas of guidance related to the recently issued standards on credit losses (Topic 326). The standard follows the effective dates of the previously issued ASUs, unless an entity has already early adopted the previous ASUs, in which case the effective date will vary according to each specific ASU adoption. The new guidance in ASU 2019-04 on recognizing and measuring financial instruments will be effective for smaller reporting companies, including U.S. Global, for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. If an entity has adopted all of the amendments to ASU 2016-01, it is permitted to early adopt the new guidance. The Company is currently evaluating the potential impact of this standard on its consolidated financial statements. In December 2019, the FASB issued ASU 2019-12, Simplifying the Accounting for Income Taxes

DISCONTINUED OPERATIONS

DISCONTINUED OPERATIONS	12 Months Ended
	Jun. 30, 2021
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 fiscal year 2020 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. Operations of Galileo had previously been presented as the separate business segment of Investment Management Services – Canada. There were no assets or liabilities classified as discontinued operations at June 30, 2021, or June 30, 2020. 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 8, Leases. The components of income (loss) from discontinued operations were as follows. Note that amounts in fiscal year 2020 are through the March 2, 2020, closing date of sale. Year Ended June 30, (dollars in thousands) 2021 2020 Revenues Advisory fees $ - $ 235 Expenses Employee compensation and benefits - 77 General and administrative - 508 Depreciation and amortization - 6 - 591 Other Income (Loss) Investment income - 24 Other loss - (6 ) - 18 Loss from discontinued operations of investment management services in Canada before income taxes - (338 ) Tax expense (benefit) - - Loss from discontinued operations of investment management services in Canada - (338 ) Less: net loss attributable to non-controlling interest from discontinued operations - (118 ) Net loss attributable to U.S. Global Investors, Inc. from discontinued operations of investment management services in Canada $ - $ (220 ) 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 may, at its discretion, waive and absorb some of its clients’ operating expenses. The amount of fund expenses waived and absorbed was $39,000 for the year ended June 30, 2020.

INVESTMENTS

INVESTMENTS	12 Months Ended
	Jun. 30, 2021
Disclosure Text Block Supplement [Abstract]
Investments and Other Noncurrent Assets [Text Block]	NOTE 4. INVESTMENTS As of June 30, 2021, the Company held investments carried at fair value of $35.3 million and a cost basis of $23.1 million. The fair value of these investments is approximately 56.7 percent of the Company’s total assets at June 30, 2021. In addition, the Company held other investments of approximately $3.5 million, held-to-maturity debt investments of $1.0 million and investments of $532,000 accounted for under the equity method of accounting. The cost basis of investments are adjusted for amortization of premium or accretion of discount on debt securities held or the recharacterization of distributions from investments in partnerships, if applicable. Fair Value Hierarchy Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The valuation techniques described below maximize the use of observable inputs and minimize the use of unobservable inputs in determining fair value. The inputs used for measuring financial instruments at fair value are summarized in the three broad levels listed below: Level 1 – Inputs represent unadjusted quoted prices for identical assets exchanged in active markets. Level 2 – Inputs include directly or indirectly observable inputs (other than Level 1 inputs) such as quoted prices for similar assets exchanged in active or inactive markets; quoted prices for identical assets exchanged in inactive markets; other inputs that may be considered in fair value determinations of the assets, such as interest rates and yield curves; and inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 3 – Inputs include unobservable inputs used in the measurement of assets. The Company is required to use its own assumptions regarding unobservable inputs because there is little, if any, market activity in the assets and it may be unable to corroborate the related observable inputs. Unobservable inputs require management to make certain projections and assumptions about the information that would be used by market participants in valuing assets. 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. The Company has established a Proprietary Valuation Committee (the “Committee”) to administer and oversee the Company’s valuation policies and procedures, which are approved by the Board of Directors, and to perform a periodic review of valuations provided by independent pricing services. 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. For common share purchase warrants not traded on an exchange, the estimated fair value is determined using the Black-Scholes option-pricing model. This sophisticated model utilizes a number of assumptions in arriving at its results, including the estimated life, the risk-free interest rate, and historical volatility of the underlying common stock. The Company may change the assumption of the risk-free interest rate and utilize the yield curve for instruments with similar characteristics, such as credit ratings and jurisdiction, or change the expected volatility. The effects of changing any of the assumptions or factors employed by the Black-Scholes model may result in a significantly different valuation. Certain convertible debt securities not traded on an exchange are valued by an independent pricing service using a binomial lattice model based on factors such as yield, quality, maturity, coupon rate, type of issuance, individual trading characteristics of the underlying common shares and other market data. The model utilizes a number of assumptions in arriving at its results. The effects of changing any of the assumptions or factors utilized in the binomial lattice model, including expected volatility, credit adjusted discount rates, and discounts for lack of marketability, may result in a significantly different valuation for the securities. For other securities included in the fair value hierarchy with unobservable inputs, the Committee 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 Committee 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 Committee. The following summarizes the major categories of investments with fair values adjusted on a recurring basis as of June 30, 2021, and June 30, 2020, with fair values shown according to the fair value hierarchy. June 30, 2021 Significant Significant Quoted Prices Other Inputs Unobservable Inputs (dollars in thousands) (Level 1) (Level 2) (Level 3) Total Investments carried at fair value on a recurring basis: Investments in equity securities: Equities - International $ 2,837 $ 135 $ 8,026 $ 10,998 Equities - Domestic - - - - Mutual funds - Fixed income 6,322 - - 6,322 Mutual funds - Global equity 938 - - 938 Mutual funds - Domestic equity - - - - Total investments in equity securities: $ 10,097 $ 135 $ 8,026 $ 18,258 Investments in debt securities: Available-for-sale - Convertible debentures - - 17,049 17,049 Total investments carried at fair value on a recurring basis: $ 10,097 $ 135 $ 25,075 $ 35,307 June 30, 2020 Significant Significant Quoted Prices Other Inputs Unobservable Inputs (dollars in thousands) (Level 1) (Level 2) (Level 3) Total Investments carried at fair value on a recurring basis: Investments in equity securities: Equities - International $ 4,447 $ 32 $ - $ 4,479 Equities - Domestic - - - - Mutual funds - Fixed income 6,322 - - 6,322 Mutual funds - Global equity - - - - Mutual funds - Domestic equity 663 - - 663 Total investments in equity securities: $ 11,432 $ 32 $ - $ 11,464 Investments in debt securities: Available-for-sale - Convertible debentures - - - - Total investments carried at fair value on a recurring basis: $ 11,432 $ 32 $ - $ 11,464 A significant portion of the securities recorded at fair value in the above table is investments in HIVE Blockchain Technologies Ltd. (“HIVE”), which were warrants and convertible debentures valued at $25.1 million and classified as Level 3 at June 30, 2021, and common shares valued at $2.4 million and classified as Level 1 at June 30, 2020. The following table is a reconciliation of investments recorded at fair value for which unobservable inputs (Level 3) were used in determining fair value during the year ended June 30, 2021: Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis June 30, 2021 (dollars in thousands) Investments in equity securities Investments in debt securities Beginning Balance $ - $ - Purchases 5,853 9,147 Sales - - Principal repayments - (1,408 ) Amortization of Premium (investment income) - (178 ) Total gains or losses (realized/unrealized) Included in earnings (investment income) 2,173 1,180 Included in Accumulated Other Comprehensive Income (other) - 8,308 Transfers into Level 3 - - Transfers out of Level 3 - - Ending Balance $ 8,026 $ 17,049 During the fiscal year ended June 30, 2021, the Company purchased convertible securities of HIVE, a company that is headquartered and traded in Canada with cryptocurrency mining facilities in Iceland, Sweden, and Canada, for $15.0 million. The convertible securities are comprised of 8.0% interest-bearing unsecured convertible debentures, payable in quarterly installments with a final maturity in January 2026, and 5 million common share purchase warrants in the capital of HIVE. The principal amount of each debenture is convertible into common shares in the capital of HIVE at a conversion rate of $2.34, and the remaining principal amount is $14.3 million as of June 30, 2021. Each whole warrant, expiring in January 2024, entitles the Company to acquire one common share at a price of $3.00 (Canadian). Cryptocurrency markets and related securities 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 value of the investments included on the balance sheet, unrealized gain recognized in investment income (loss), and unrealized gain recognized in other comprehensive income (loss). The investments did not represent ownership in HIVE as of June 30, 2021. The securities are subject to Canadian securities regulations. Frank Holmes serves on the board as non-executive chairman of HIVE and held shares and options at June 30, 2021. Effective August 31, 2018, Mr. Holmes was named Interim Executive Chairman of HIVE while a search for a new CEO is undertaken. The Company recorded the warrants at the estimated fair value of $5.9 million on purchase date. The debentures were recorded at the estimated fair value of $16.0 million on purchase date, and an unrealized gain of $6.9 million was recognized in other comprehensive income (loss), which will be realized in investment income (loss) ratably using the effective interest method until maturity, conversion, or other disposition. During the fiscal year ended June 30, 2021, $1.2 million was realized in investment income (loss). The fair value of the warrants and debentures was $8.0 million and $17.0 million, respectively, at June 30, 2021. The Company currently considers the related fair value measurements to contain Level 3 inputs. The following is quantitative information as of June 30, 2021, with respect to the securities measured and carried at fair value on a recurring basis with the use of significant unobservable inputs (Level 3): June 30, 2021 (dollars in thousands) Fair Value Principal Valuation Techniques Unobservable Inputs Investments in equity securities: Common share purchase warrants $ 8,026 Option pricing model Volatility 88.1 % Investments in debt securities: Available-for-sale - Convertible debentures $ 17,049 Binomial lattice model Volatility 60.1 % Credit Adjusted Discount Rate 1.9 % During the fiscal year ended June 30, 2021, the Company sold its investment of 10 million common shares in HIVE. The cost of the 10 million shares was $2.4 million. In fiscal year 2019, the Company adopted ASU 2016-01 Recognition and Measurement of Financial Assets and Financial Liabilities (“ASU 2016-01”) and its amendments. On July 1, 2018, the Company reclassified $3.2 million of unrealized gains related to its investment in HIVE from Accumulated Other Comprehensive Income (Loss) into Retained Earnings. Therefore, when the HIVE investment in common shares was sold, the amount included in realized gains on sales of fair valued securities was the proceeds of $20.6 million, less the cost of $2.4 million and the ASU 2016-01 reclassified unrealized gains of $3.2 million, or $15.0 million. The Company has an investment in Thunderbird Entertainment Group Inc. (“Thunderbird”), a company headquartered and traded in Canada, which was valued at approximately $2.7 million at June 30, 2021, and classified as Level 1 in the fair value hierarchy. This investment was valued at approximately $1.2 million at June 30, 2020 and classified as Level 1 in the fair value hierarchy. Realized gains on sales totaled $936,000 during the fiscal year ended June 30, 2021. The Company’s ownership of Thunderbird was approximately 1.6 percent as of June 30, 2021. Frank Holmes served on the board of this company as a director from June 2014 to March 2021. During the year ended June 30, 2021, the Company sold its investment in GoldSpot Discoveries Corp. (“GoldSpot”), a technology company headquartered and traded in Canada which leverages machine learning in natural resource exploration, and recorded realized gains on sales of fair valued securities of $600,000. The investment 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. The portion of the investment classified in Level 2 was restricted for resale due to escrow and regulatory provisions; its valuation was based on the quoted market price adjusted for the restriction on resale. The remaining shares in escrow were released in August 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. Equity Investments at Fair Value Investments in equity securities with readily determinable fair values are carried at fair value, and changes in unrealized gains or losses are reported in current period earnings. The following details the components of the Company’s equity investments carried at fair value as of June 30, 2021, and 2020. June 30, 2021 (dollars in thousands) Cost Unrealized Gains (Losses) Fair Value Equity securities at fair value Equities - International $ 7,076 $ 3,922 $ 10,998 Equities - Domestic 45 (45 ) - Mutual funds - Fixed income 6,313 9 6,322 Mutual funds - Global equity 929 9 938 Mutual funds - Domestic equity - - - Total equity securities at fair value $ 14,363 $ 3,895 $ 18,258 June 30, 2020 (dollars in thousands) Cost Unrealized Gains (Losses) Fair Value Equity securities at fair value Equities - International $ 5,641 $ (1,162 ) $ 4,479 Equities - Domestic 45 (45 ) - Mutual funds - Fixed income 6,313 9 6,322 Mutual funds - Global equity - - - Mutual funds - Domestic equity 929 (266 ) 663 Total equity securities at fair value $ 12,928 $ (1,464 ) $ 11,464 Included in the preceding table was $7.3 million and $7.0 million as of June 30, 2021, and June 30, 2020, respectively, at fair value invested in USGIF. Debt Investments Investments in debt securities are classified on the acquisition dates and at each balance sheet date. Securities classified as held-to-maturity are carried at amortized cost, reflecting the ability and intent to hold the securities to maturity. Debt securities classified as trading are acquired with the intent to sell in the near term and are carried at fair value with changes reported in earnings. All other debt securities are classified as available-for-sale and are carried at fair value. Investment gains and losses on available-for-sale debt securities are recorded when the securities are sold, as determined on a specific identification basis, and recognized in current period earnings. Changes in unrealized gains are reported net of tax in accumulated other comprehensive income (loss). For securities in an unrealized loss position, a loss in earnings is recognized for the excess of amortized cost over fair value if the Company intends to sell before the price recovers. Otherwise, the Company evaluates as of the balance sheet date whether the unrealized losses are attributable to credit losses or other factors. The severity of the decline in value, creditworthiness of the issuer and other relevant factors are considered. The portion of unrealized loss the Company believes is related to a credit loss is recognized earnings, and the portion of unrealized loss the Company believes is not related to a credit loss is recognized in other comprehensive income. The following details the components of the Company’s debt investments as of June 30, 2021. The Company did not have any debt investments at June 30, 2020. June 30, 2021 (dollars in thousands) Amortized Cost Unrealized Gains in Other Comprehensive Income Unrealized Losses in Other Comprehensive Income Fair Value Available-for-sale - Convertible debentures $ 8,741 $ 8,308 $ - $ 17,049 June 30, 2021 (dollars in thousands) Amortized Cost Gross Unrecognized Holding Gains Gross Unrecognized Holding Losses Fair Value Held-to-maturity - Debentures $ 1,000 $ 3 $ - $ 1,003 Investments in debt securities classified as held-to-maturity are carried at amortized cost. The net carrying amount and estimated fair value of debt securities at June 30, 2021, are summarized below by contractual maturity dates. Actual maturities may differ from final contractual maturities due to principal repayment installments or prepayment rights held by issuers. June 30, 2021 Available-for-sale debt securities Held-to-maturity debt securities (dollars in thousands) Convertible debentures (1) Due after five years through ten years Net Carrying Amount $ 8,741 $ 1,000 Fair Value $ 17,049 $ 1,003 1. Principal payments are due quarterly with a final maturity in January 2026. Certain derivatives embedded in other financial instruments, such as the conversion option in a convertible bond, are reported at fair value, and changes in fair value are recorded through earnings within investment income (loss). The host contract continues to be accounted for in accordance with the appropriate accounting standard. The embedded derivative and the related host contract represent one legal contract and are combined on the Consolidated Balance Sheets and the tables reflected above. The Company held one financial instrument containing an embedded derivative at June 30, 2021. The following table summarizes the fair values of embedded derivatives on the Consolidated Balance Sheet, categorized by risk exposure, at June 30, 2021. June 30, 2021 Other Assets (dollars in thousands) Investments in available-for-sale debt securities Embedded Derivatives: Equity price risk exposure $ 2,542 The embedded derivatives presented in the table above were bifurcated from the related host contract on June 30, 2021; as such, there was no effect on the Consolidated Statement of Operations for the year ended June 30, 2021. The Company did not have any embedded derivatives at June 30, 2020. Other Investments The carrying value of equity securities without readily determinable fair values was approximately $3.5 million and $1.3 million as of June 30, 2021, and June 30, 2020, respectively. The Company has elected to value these investments using the measurement alternative, under which such securities are measured at cost, less impairment, if any. If the Company identifies observable price changes for identical or similar securities of the same issuer, the equity security is measured at fair value as of the date the observable transaction occurred, with such changes recorded in investment income (loss). The carrying value of equity securities without readily determinable fair values has been adjusted as follows: Year Ended June 30, (dollars in thousands) 2021 2020 Carrying amount, beginning of period $ 1,283 $ 1,404 Adjustments: Purchases 863 125 Reclassification to securities at fair value (187 ) - Impairments (6 ) (285 ) Other downward adjustments (158 ) (124 ) Upward adjustments 1,658 163 Carrying amount, end of period $ 3,453 $ 1,283 One security purchased during the fiscal year ended June 30, 2021, started trading on a stock exchange, and was reclassified to securities at fair value. A total of four securities were remeasured at various dates during the fiscal year ended June 30, 2021, with carrying amounts totaling $2.1 million and $470,000, classified as Level 2 and Level 3, according to the fair value hierarchy, respectively. There were impairment adjustments to one security totaling $6,000 during the fiscal year ended June 30, 2021. Cumulative impairment adjustments to all equity securities without readily determinable fair values total $543,000 since their respective acquisitions through June 30, 2021. The cumulative amount of other downward adjustments, which include return of capital distributions and observable price changes, is $935,000, which includes $158,000 for the year ended June 30, 2021, and $124,000 for the year ended June 30, 2020. The cumulative amount of upward adjustments, which primarily consist of observable price changes, is $2.3 million, which includes $1.7 million for the year ended June 30, 2021, and $163,000 for the year ended June 30, 2020. Investments Classified as Equity Method The Company has an equity method investment in Galileo New Economy Fund LP (previously known as Galileo Technology and Blockchain LP), a Canadian limited partnership managed by Galileo. The Company owns approximately 22 percent of the LP as of June 30, 2021, 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, 2021, and 2020, is $347,000 and ($142,000), respectively, of equity method income (loss) for this investment. The Company’s investment in the LP had a carrying value of approximately $532,000 and $158,000 at June 30, 2021, and June 30, 2020, respectively. Frank Holmes also directly held an investment in the LP as of June 30, 2021. This investment has a concentration in technology and blockchain companies, which may result in volatility in its valuation. Investment Income (Loss) The following summarizes investment income (loss) reflected in earnings from continuing operations for the periods presented. (dollars in thousands) Year Ended June 30, Investment Income (Loss) 2021 2020 Unrealized gains (losses) on fair valued securities $ 8,479 $ (2,011 ) Unrealized gains on equity securities without readily determinable fair values 1,430 - Realized gains on sales of fair valued securities 16,572 - Realized gains on principal payment proceeds 1,180 - Realized gain on sale of subsidiary - 151 Realized foreign currency gains (losses) 219 (232 ) Impairments in equity investments that do not have readily determinable fair values (6 ) (285 ) Dividend and interest income 464 166 Total Investment Income (Loss) $ 28,338 $ (2,211 ) For the year ended June 30, 2021, realized gains on principal payment proceeds in the amount of $1.2 million was released from other comprehensive income (loss). Realized gain on sale of subsidiary shown in the table above for the year ended June 30, 2020, is from the sale of Galileo. See Note 3 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, 2021, included approximately $9.9 million of net unrealized gains recognized on equity securities still held at June 30, 2021. 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.

INVESTMENT MANAGEMENT AND OTHER

INVESTMENT MANAGEMENT AND OTHER FEES	12 Months Ended
	Jun. 30, 2021
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, (dollars in thousands) 2021 2020 USGIF advisory fees $ 3,836 $ 3,093 USGIF performance fees earned (paid) 482 (525 ) ETF advisory fees 17,127 1,743 Total advisory fees 21,445 4,311 USGIF administrative services fees 209 165 Total Operating Revenue $ 21,654 $ 4,476 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 and the Global Luxury Goods Fund through April 2022. 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 $701,000 and $584,000 for the years ended June 30, 2021, and 2020, 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 an annual rate of 0.05 percent of average daily net assets of each fund. The Company serves as investment advisor to two U.S.-based 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. The Company also serves as investment advisor to one European-based ETF, the U.S. Global Jets UCITS ETF. The Company receives a unitary management fee of 0.65 percent of average net assets and has agreed to bear all expenses of the ETF. As of June 30, 2021, the Company had $2.4 million in receivables from fund clients, of which $432,000 was from USGIF and $2.0 million from 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.

RESTRICTED CASH

RESTRICTED CASH	12 Months Ended
	Jun. 30, 2021
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: (dollars in thousands) June 30, 2021 June 30, 2020 Cash and cash equivalents $ 14,436 $ 1,936 Restricted cash 1,000 1,025 Total cash, cash equivalents, and restricted cash $ 15,436 $ 2,961

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	12 Months Ended
	Jun. 30, 2021
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	NOTE 7. PROPERTY AND EQUIPMENT Property and equipment are composed of the following: June 30, (dollars in thousands) 2021 2020 Building and land $ 4,606 $ 4,597 Furniture, equipment, and other 871 847 5,477 5,444 Accumulated depreciation (4,101 ) (3,938 ) Net property and equipment $ 1,376 $ 1,506 Depreciation expense totaled $196,000 and $202,000 in fiscal years 2021 and 2020, respectively.

LEASES

LEASES	12 Months Ended
	Jun. 30, 2021
Disclosure Text Block Supplement [Abstract]
Commitments Disclosure [Text Block]	NOTE 8. LEASES The Company has lease agreements on a continuing operations basis for office equipment that expire in fiscal year 2022. Lease expense included in continuing operations totaled $155,000 and $153,000 for the years ended June 30, 2021, and 2020, 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 for the year ended June 30, 2020. For continuing operations, the components of lease expense included in general and administrative expense on the Consolidated Statements of Operations for the years ended June 30, 2021, and June 30, 2020, and qualitative information concerning the Company’s operating leases were as follows: Year Ended Year Ended June 30, June 30, (dollars in thousands) 2021 2020 Operating lease cost $ 53 $ 53 Short-term lease cost 102 100 Total lease cost $ 155 $ 153 Cash paid for amounts included in measurement of lease liabilities: Operating cash flows from operating leases $ 53 $ 53 Right-of-use assets obtained in exchanged for: Net operating lease liabilities $ - $ 141 Weighted-average remaining lease term (in years) 0.83 1.83 Weighted-average discount rate 4.11 % 4.11 % Maturities of lease liabilities from continuing operations as of June 30, 2021, are as follows: (dollars in thousands) Fiscal Year Operating Leases 2022 $ 44 Total lease payments 44 Less imputed interest (1 ) Total $ 43 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 $91,000 and $92,000, for fiscal years 2021 and 2020, respectively. The cost of obtaining lessor contracts, which is included in other assets on the Consolidated Balance Sheets, was $4,000 and $7,000 at June 30, 2021, and June 30, 2020, respectively. A summary analysis of annual undiscounted cash flows to be received on leases as of June 30, 2021, is as follows: (dollars in thousands) Fiscal Year Operating Leases 2022 $ 81 2023 34 Total lease payments $ 115 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.

OTHER ACCRUED EXPENSES

OTHER ACCRUED EXPENSES	12 Months Ended
	Jun. 30, 2021
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) 2021 2020 Professional fees $ 548 $ 314 Vendors payable 225 113 ETF operating and distribution expenses 496 542 Taxes payable 76 46 Other accrued expenses $ 1,345 $ 1,015

BORROWINGS

BORROWINGS	12 Months Ended
	Jun. 30, 2021
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 years ended June 30, 2021, and 2020. The credit agreement will expire on May 31, 2022, and the Company intends to renew annually. The credit facility is collateralized by approximately $1 million at June 30, 2021, 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, 2021, 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 Company has under 25 employees and is considered a small business. As of June 30, 2020, the balance of the loan was $442,000, all of which was classified as a current liability. The Company has been granted forgiveness of the entire PPP loan and any accrued interest. Included in Other Income (Loss) for the year ended June 30, 2021, the Company recognized a gain on extinguishment of debt, including interest, of $444,000.

BENEFIT PLANS

BENEFIT PLANS	12 Months Ended
	Jun. 30, 2021
Disclosure Text Block Supplement [Abstract]
Compensation and Employee Benefit Plans [Text Block]	NOTE 11. 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 $99,000 and $77,000 for fiscal years 2021 and 2020, respectively. The 401(k) plan allows for a discretionary profit sharing contribution by the Company, as authorized by the Board of Directors. The Company made a profit sharing contribution of $80,000 in fiscal year 2021. No profit sharing contribution was made in fiscal year 2020. 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 $15,000 and $16,000 in fiscal years 2021 and 2020, respectively. The Company has an Employee Stock Purchase Plan whereby eligible employees can purchase treasury shares at market price. During fiscal years 2021 and 2020, employees purchased 2,330 and 1,648, respectively, shares of treasury stock from the Company. The Company matches these contributions on a limited basis. The Company match, reflected in base salary expense, was $6,000 in fiscal year 2021. No Company matches were made in fiscal year 2020.

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	12 Months Ended
	Jun. 30, 2021
Disclosure Text Block Supplement [Abstract]
Shareholders' Equity and Share-based Payments [Text Block]	NOTE 12. 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, 2021, or 2020. The Company’s class A and class B common stock have no voting privileges. Dividends Dividends totaling $552,000 and $390,000 were paid to holders of class A common stock in fiscal years 2021 and 2020, respectively. Dividends of $88,000 and $62,000 were paid to holders of class C common stock in fiscal years 2021 and 2020, respectively. The dividend rate for both classes was $0.0025 per month during fiscal year 2020 and through January 2021 and $0.0050 from February 2021 through June 2021. As of June 30, 2021, the Board has authorized a monthly dividend of $0.0050 per share through September 2021, at which time it will be considered for continuation 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. See Note 19 for subsequent change in monthly dividend. 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, 2021. 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, 2021, approximately $2.5 million remains available for repurchase under this authorization. During fiscal years 2021 and 2020, the Company repurchased 53,151 and 105,721, respectively, of its class A shares on the open market using cash of $314,000 and $113,000, respectively. To date, the Company has repurchased a total of 719,682 class A shares under the repurchase program using cash of $1.8 million. Other Activity During fiscal year 2021, the Company granted 4,000 shares of class A common stock to certain employees at a weighted average fair value of $2.50. No shares were granted in fiscal year 2020. The Company granted 3,300 and 3,600 of class A common stock at a weighted average fair value of $2.68 and $1.61 per share to its non-employee directors in fiscal years 2021 and 2020, 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 2021. 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 2021 and 2020, shares were issued, as described above, with a weighted-average cost basis greater than current fair value, which resulted in a combined positive (negative) adjustment to additional paid-in capital of approximately $11,000 and ($17,000), respectively. Shareholders of class C shares are allowed to convert to class A. During fiscal year 2021, no shares were converted from class C to class A. During fiscal year 2020, 162 shares 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. There were 231,000 options granted during the year ended June 30, 2021, with a weighted-average grant date fair value price of $3.36 and a vesting period of six months. The fair value is estimated at the date of the grant using a Black-Scholes option pricing model. The assumptions utilized to estimate the fair value of options granted under the 1989 Plan are presented in the following table: Risk-free interest rate 0.9 % Expected volatility 70.0 % Expected life (in years) 5.25 Expected dividend yield 1.0 % The risk-free interest rate is based on a treasury instrument whose term is consistent with the expected life of the stock options. Expected volatility is based on historical volatility of the Company’s common stock. The Company did not have historical post-vesting activity under the 1989 Plan and utilized the simplified method to calculate expected term for stock options granted during the year ended June 30, 2021. The simplified method calculates the expected term as mid-point between the weighted-average time to vest and the contractual maturity. The expected dividend yield is based on the date of grant. The estimated fair value of options granted is amortized to expense over the options’ vesting period. During the year ended June 30, 2021, $43,000 was recognized as compensation expense and $9,000 was recognized as a deferred tax asset. As of June 30, 2021, $733,000 of total unrecognized compensation costs related to nonvested stock options under the Plan were expected to be recognized over a weighted average period of 0.47 years. There were no options forfeited or exercised during the year ended June 30, 2021. There were 231,000 options outstanding under the 1989 Plan as of June 30, 2021, with a weighted-average grant date fair value price of $3.36. Stock option transactions under the 1989 Plan for the past fiscal year are summarized below. There were no options forfeited, granted, or exercised during the fiscal year ended June 30, 2020, and no options outstanding as of June 30, 2020. 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, 2020 - n/a Granted 231,000 $ 6.05 Exercised - n/a Forfeited - n/a Outstanding June 30, 2021 231,000 $ 6.05 9.98 $ 26 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 no options granted during the year ended June 30, 2021. There were no options that were forfeited or exercised during the year ended June 30, 2021. There were 2,000 options that were forfeited, and no options granted or exercised during the year ended June 30, 2020. There were 2,000 options outstanding under the 1997 Plan as of June 30, 2021, and 2020. 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, 2019 4,000 $ 7.53 Granted - n/a Exercised - n/a Forfeited (2,000 ) $ 12.31 Outstanding June 30, 2020 2,000 $ 2.74 Granted - n/a Exercised - n/a Forfeited - n/a Outstanding June 30, 2021 2,000 $ 2.74 6.72 $ 5 Class A common stock options outstanding and exercisable under the employee stock option plans at June 30, 2021, were as follows: Options Outstanding Options Exercisable Date of Option Grant Number Outstanding Remaining Life in Years Weighted Average Exercise Price ($) Number Exercisable Weighted Average Option Price ($) 1989 Plan Class A 06/21/21 231,000 9.98 $ 6.05 - $ - 1997 Plan Class A 03/21/18 2,000 6.72 $ 2.74 2,000 $ 2.74 233,000 9.95 $ 6.02 2,000 $ 2.74

INCOME TAXES

INCOME TAXES	12 Months Ended
	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	NOTE 13. 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. Carryovers For U.S. federal income tax purposes at June 30, 2021, the Company has no U.S. federal net operating loss carryovers and no capital loss carryovers. For Canadian income tax purposes, USCAN has no net operating loss carryovers and no capital loss carryovers. 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, a valuation allowance of $2.8 million was included to fully reserve for net operating loss carryovers, other carryovers and certain book/tax differences in the balance sheet. There was no valuation allowance included at June 30, 2021. The Company's components of income (loss) before tax by jurisdiction are as follows: Year ended June 30, (dollars in thousands) 2021 2020 United States $ 17,889 $ (3,261 ) Canada 19,549 (1,716 ) Total $ 37,438 $ (4,977 ) 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) 2021 % of Pretax 2020 % of Pretax Tax expense (benefit) at statutory rate - continuing operations $ 7,862 21.0 % $ (974 ) 21.0 % Tax expense (benefit) from change in foreign unrealized gain/loss 281 0.7 % (203 ) 4.4 % Non-taxable investment income (3,302 ) (8.8 )% (45 ) 1.0 % Change in valuation allowance (2,762 ) (7.4 )% 885 (19.1 )% Income from controlled foreign corporation 3,534 9.4 % - 0.0 % Rate difference on foreign deferred income 777 2.1 % 153 (3.3 )% Rate difference on foreign income 1,075 2.9 % (76 ) 1.6 % Foreign tax credit (1,825 ) (4.9 )% - 0.0 % Other (163 ) (0.4 )% 85 (1.8 )% Total tax expense (benefit) - continuing operations $ 5,477 14.6 % $ (175 ) 3.8 % Components of total tax expense (benefit) are as follows: Year ended June 30, (dollars in thousands) 2021 2020 Continuing Operations Current tax expense (benefit) - U.S. Federal $ 2,004 $ (1 ) Current tax expense (benefit) - Non-U.S. 2,418 3 Deferred tax expense (benefit) - U.S. Federal 576 - Deferred tax expense (benefit) - Non-U.S. 479 (177 ) Total tax expense (benefit) - continuing operations $ 5,477 $ (175 ) 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) 2021 2020 Deferred Income Tax Assets: Accumulated depreciation $ 110 $ 105 Investments in securities at fair value - 448 Equity method investments - 14 Accrued expenses 320 148 Product start-up costs 84 60 Other 25 - Net operating loss carryover - 1,887 Charitable contributions carryover - 8 Capital loss carryover - 226 Total Deferred Tax Assets 539 2,896 Valuation Allowance - (2,762 ) Total Net Deferred Tax Assets 539 134 Deferred Income Tax Liabilities: Investments in securities at fair value $ (2,600 ) $ - Prepaid expenses (60 ) (50 ) Other investments (389 ) (65 ) Equity method investments (40 ) - Foreign tax on undistributed earnings (249 ) - Other - (19 ) Total Deferred Tax Liabilities (3,338 ) (134 ) Net Deferred Tax Liability $ (2,799 ) $ -

EARNINGS PER SHARE

EARNINGS PER SHARE	12 Months Ended
	Jun. 30, 2021
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	NOTE 14. 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) 2021 2020 Income (Loss) from Continuing Operations $ 31,961 $ (4,464 ) Loss from Discontinued Operations - (338 ) Less: Net Loss Attributable to Non-Controlling Interest from Discontinued Operations - (118 ) Net Loss Attributable from Discontinued Operations to U.S. Global Investors, Inc. - (220 ) Net Income (Loss) Attributable to U.S. Global Investors, Inc. $ 31,961 $ (4,684 ) Weighted average number of outstanding shares Basic 15,067,044 15,108,394 Effect of dilutive securities: Employee stock options 909 - Diluted 15,067,953 15,108,394 Earnings Per Share Attributable to U.S. Global Investors, Inc. Basic Net Income (Loss) per Share Income (loss) from continuing operations $ 2.12 $ (0.30 ) Loss from discontinued operations $ - $ (0.01 ) Net income (loss) $ 2.12 $ (0.31 ) Diluted Net Income (Loss) per Share Income (loss) from continuing operations $ 2.12 $ (0.30 ) Loss from discontinued operations $ - $ (0.01 ) Net income (loss) $ 2.12 $ (0.31 ) 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, 2021, and 2020, 231,000 and 2,000 employee stock options, respectively, were excluded from diluted EPS. During fiscal years 2021 and 2020, 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, 2021
Stockholders' Equity Note [Abstract]
Comprehensive Income (Loss) Note [Text Block]	NOTE 15. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following table presents changes in accumulated other comprehensive income (loss) by component: (dollars in thousands) Unrealized gains (losses) on available-for-sale investments Foreign currency translation adjustment Total Balance at June 30, 2019 $ - $ (206 ) $ (206 ) Other comprehensive loss before reclassifications 1 - (26 ) (26 ) Amount reclassified from AOCI 1 - 228 228 Net other comprehensive income for 2020 - 202 202 Balance at June 30, 2020 - (4 ) (4 ) Other comprehensive income before reclassifications 9,488 27 9,515 Tax effect (1,992 ) - (1,992 ) Amount reclassified from AOCI (1,180 ) - (1,180 ) Tax effect 248 - 248 Net other comprehensive income for 2021 6,564 27 6,591 Balance at June 30, 2021 $ 6,564 $ 23 $ 6,587 1. Amounts include no tax expense or benefit.

FINANCIAL INFORMATION BY BUSINE

FINANCIAL INFORMATION BY BUSINESS SEGMENT	12 Months Ended
	Jun. 30, 2021
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	NOTE 16. 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, 2021 Net operating revenues $ 21,654 $ - $ 21,654 Investment income $ - $ 28,338 $ 28,338 Income from equity method investments $ - $ 347 $ 347 Gain on forgiveness of PPP loan $ 444 $ - $ 444 Other income $ 144 $ - $ 144 Income from continuing operations before income taxes $ 10,866 $ 26,572 $ 37,438 Depreciation and amortization $ 196 $ - $ 196 Gross identifiable assets at June 30, 2021 $ 17,522 $ 44,755 $ 62,277 Deferred tax asset $ - Consolidated total assets at June 30, 2021 $ 62,277 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 Net operating revenues from investment management services include revenues from USGIF of $4.5 million and $2.7 million in fiscal years 2021 and 2020, respectively. Net operating revenues from investment management services also include operating revenues from ETF clients of $17.1 million and $1.7 million in fiscal years 2021 and 2020, respectively.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Jun. 30, 2021
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	NOTE 17. RELATED PARTY TRANSACTIONS On June 30, 2021, and 2020, the Company had $7.3 million and $7.0 million, respectively, at fair value invested in USGIF funds the Company advised. These amounts were included in the Consolidated Balance Sheets as “investments in equity securities at fair value.” The Company recorded $15,000 and $97,000 in income from dividends and capital gain distributions from USGIF investments in fiscal years 2021 and 2020, respectively. There were no net realized gains or losses on its investments in the Funds in fiscal years 2021 or 2020. In addition, the Company had $158,000 at June 30, 2020, invested in a fund advised by Galileo, a related party until March 2020, accounted for under the equity method of accounting. The Company recorded loss from equity method investments of $142,000 in fiscal year 2020. 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, 2021, and 2020, the Company had $2.4 million and $869,000, respectively, of receivables from mutual funds included in the Consolidated Balance Sheets within “receivables.” The Company has had various investments in HIVE that were valued at approximately $25.1 million and $2.4 million and as of June 30, 2021, and 2020, respectively. As discussed in Note 4, in January 2021, the Company purchased convertible securities in HIVE, and an unrealized gain was recognized in other comprehensive income (loss) for the convertible debentures, which will be realized in investment income (loss) ratably using the effective interest method until maturity, conversion, or other disposition. During the fiscal year ended June 30, 2021, $1.4 million in principal payments were received, and $1.2 million was included in investment income (loss) as realized gains on principal payment proceeds. On July 1, 2018, the Company reclassified $3.2 million of unrealized gains related to its investment in HIVE from Accumulated Other Comprehensive Income (Loss) into Retained Earnings. Therefore, when a HIVE investment was sold during the fiscal year ended June 30, 2021, the amount included in realized gains on sales of fair valued securities was the proceeds of $20.6 million, less the cost of $2.4 million and the ASU 2016-01 reclassified unrealized gains of $3.2 million, or $15.0 million. The Company recorded $368,000 in interest income from HIVE investments during the fiscal year ended June 30, 2021. There was no interest income or net realized gains or losses on its investments in HIVE during the fiscal year ended June 30, 2020. The Company earned other income from HIVE for consulting fees in the amount of $40,000 during the fiscal year ended June 30, 2021. As of June 30, 2021, the Company had $40,000 of receivables from HIVE included in the Consolidated Balance Sheets within “receivables.” There was no other income earned during the fiscal year ended June 30, 2020, and no receivables as of June 30, 2020. 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 2021 and 2020. Mr. Holmes held shares and options of HIVE at June 30, 2021, and 2020. 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 $2.7 million and $1.2 million as of June 30, 2021, and 2020, respectively. Realized gains on sales totaled $936,000 during the fiscal year ended June 30, 2021. Frank Holmes served on the board of this company as a director, for which he received fees, from June 2014 to March 2021. As discussed in Note 4, the Company had an investment in GoldSpot that was valued at approximately $806,000 as of June 30, 2020. During the year ended June 30, 2021, the Company sold its investment in GoldSpot and recorded realized gains on sales of fair valued securities of $600,000. 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, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	NOTE 18. 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 $0.0050 per share from July 2021 through September 2021, 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 2021 to September 2021 will be approximately $226,000. The outbreak of the COVID-19 pandemic and the resulting actions to control or slow the spread have affected global and domestic economies and financial markets. The Company continues to monitor the impact of COVID-19, but at the date of this report cannot 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.

SUBSEQUENT EVENT

SUBSEQUENT EVENT	12 Months Ended
	Jun. 30, 2021
Subsequent Events [Abstract]
Subsequent Events [Text Block]	NOTE 19. SUBSEQUENT EVENT In September 2021, the Board authorized an increase in the monthly dividend to $0.0075 per share from October through December 2021, and in December 2021, the Board authorized the continuance of the monthly dividend of $0.0075 per share from January through March 2022, at which time it will be considered for continuation 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.

IMMATERIAL REVISIONS TO AUDITED

IMMATERIAL REVISIONS TO AUDITED CONSOLIDATED FINANCIAL STATEMENTS	12 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
Reclassifications [Text Block]	NOTE 20. IMMATERIAL REVISIONS TO AUDITED CONSOLIDATED FINANCIAL STATEMENTS For the fiscal year ended June 30, 2020, the Company recorded changes in the fair value of investment securities and sales of short-term investments within “Changes in operating assets and liabilities” on the audited consolidated statement of cash flows instead of within “Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities” and “Cash flows from investing activities,” respectively. The line-item “Investment securities” has been removed for the fiscal year ended June 30, 2020, and $2.3 million was reclassified from “Investment securities” to “Unrealized (gains) losses on securities,” and $1.7 million was reclassified from “Investment securities” to “Proceeds on sale of securities at fair value.” These revisions had no impact on net income or earnings per share and were deemed immaterial.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	12 Months Ended
	Jun. 30, 2021
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 $7.3 million at June 30, 2021, and $7.0 million at June 30, 2020. 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, but this entity does not qualify as a VIE. Since it is not a VIE, the Company evaluated if it should consolidate it 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 entity and, therefore, does not consolidate it. However, the Company was considered to have the ability to exercise significant influence. Thus, the investment has been accounted for under the equity method of accounting. See further information about this investment 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. Embedded derivatives. 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 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, (“ASU 2019-04”). ASU 2019-04 clarifies areas of guidance related to the recently issued standards on credit losses (Topic 326). The standard follows the effective dates of the previously issued ASUs, unless an entity has already early adopted the previous ASUs, in which case the effective date will vary according to each specific ASU adoption. The new guidance in ASU 2019-04 on recognizing and measuring financial instruments will be effective for smaller reporting companies, including U.S. Global, for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. If an entity has adopted all of the amendments to ASU 2016-01, it is permitted to early adopt the new guidance. The Company is currently evaluating the potential impact of this standard on its consolidated financial statements. 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, 2021
Discontinued Operations and Disposal Groups [Abstract]
Disposal Groups, Including Discontinued Operations [Table Text Block]	Year Ended June 30, (dollars in thousands) 2021 2020 Revenues Advisory fees $ - $ 235 Expenses Employee compensation and benefits - 77 General and administrative - 508 Depreciation and amortization - 6 - 591 Other Income (Loss) Investment income - 24 Other loss - (6 ) - 18 Loss from discontinued operations of investment management services in Canada before income taxes - (338 ) Tax expense (benefit) - - Loss from discontinued operations of investment management services in Canada - (338 ) Less: net loss attributable to non-controlling interest from discontinued operations - (118 ) Net loss attributable to U.S. Global Investors, Inc. from discontinued operations of investment management services in Canada $ - $ (220 )

INVESTMENTS (Tables)

INVESTMENTS (Tables)	12 Months Ended
	Jun. 30, 2021
Disclosure Text Block Supplement [Abstract]
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	The following summarizes the major categories of investments with fair values adjusted on a recurring basis as of June 30, 2021, and June 30, 2020, with fair values shown according to the fair value hierarchy. June 30, 2021 Significant Significant Quoted Prices Other Inputs Unobservable Inputs (dollars in thousands) (Level 1) (Level 2) (Level 3) Total Investments carried at fair value on a recurring basis: Investments in equity securities: Equities - International $ 2,837 $ 135 $ 8,026 $ 10,998 Equities - Domestic - - - - Mutual funds - Fixed income 6,322 - - 6,322 Mutual funds - Global equity 938 - - 938 Mutual funds - Domestic equity - - - - Total investments in equity securities: $ 10,097 $ 135 $ 8,026 $ 18,258 Investments in debt securities: Available-for-sale - Convertible debentures - - 17,049 17,049 Total investments carried at fair value on a recurring basis: $ 10,097 $ 135 $ 25,075 $ 35,307 June 30, 2020 Significant Significant Quoted Prices Other Inputs Unobservable Inputs (dollars in thousands) (Level 1) (Level 2) (Level 3) Total Investments carried at fair value on a recurring basis: Investments in equity securities: Equities - International $ 4,447 $ 32 $ - $ 4,479 Equities - Domestic - - - - Mutual funds - Fixed income 6,322 - - 6,322 Mutual funds - Global equity - - - - Mutual funds - Domestic equity 663 - - 663 Total investments in equity securities: $ 11,432 $ 32 $ - $ 11,464 Investments in debt securities: Available-for-sale - Convertible debentures - - - - Total investments carried at fair value on a recurring basis: $ 11,432 $ 32 $ - $ 11,464
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	The following table is a reconciliation of investments recorded at fair value for which unobservable inputs (Level 3) were used in determining fair value during the year ended June 30, 2021: Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis June 30, 2021 (dollars in thousands) Investments in equity securities Investments in debt securities Beginning Balance $ - $ - Purchases 5,853 9,147 Sales - - Principal repayments - (1,408 ) Amortization of Premium (investment income) - (178 ) Total gains or losses (realized/unrealized) Included in earnings (investment income) 2,173 1,180 Included in Accumulated Other Comprehensive Income (other) - 8,308 Transfers into Level 3 - - Transfers out of Level 3 - - Ending Balance $ 8,026 $ 17,049
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]	The Company currently considers the related fair value measurements to contain Level 3 inputs. The following is quantitative information as of June 30, 2021, with respect to the securities measured and carried at fair value on a recurring basis with the use of significant unobservable inputs (Level 3): June 30, 2021 (dollars in thousands) Fair Value Principal Valuation Techniques Unobservable Inputs Investments in equity securities: Common share purchase warrants $ 8,026 Option pricing model Volatility 88.1 % Investments in debt securities: Available-for-sale - Convertible debentures $ 17,049 Binomial lattice model Volatility 60.1 % Credit Adjusted Discount Rate 1.9 %
Unrealized Gain (Loss) on Investments [Table Text Block]	The following details the components of the Company’s equity investments carried at fair value as of June 30, 2021, and 2020. June 30, 2021 (dollars in thousands) Cost Unrealized Gains (Losses) Fair Value Equity securities at fair value Equities - International $ 7,076 $ 3,922 $ 10,998 Equities - Domestic 45 (45 ) - Mutual funds - Fixed income 6,313 9 6,322 Mutual funds - Global equity 929 9 938 Mutual funds - Domestic equity - - - Total equity securities at fair value $ 14,363 $ 3,895 $ 18,258 June 30, 2020 (dollars in thousands) Cost Unrealized Gains (Losses) Fair Value Equity securities at fair value Equities - International $ 5,641 $ (1,162 ) $ 4,479 Equities - Domestic 45 (45 ) - Mutual funds - Fixed income 6,313 9 6,322 Mutual funds - Global equity - - - Mutual funds - Domestic equity 929 (266 ) 663 Total equity securities at fair value $ 12,928 $ (1,464 ) $ 11,464
Debt Securities, Available-for-sale and Held-to-Maturity [Table Text Block]	The following details the components of the Company’s debt investments as of June 30, 2021. The Company did not have any debt investments at June 30, 2020. June 30, 2021 (dollars in thousands) Amortized Cost Unrealized Gains in Other Comprehensive Income Unrealized Losses in Other Comprehensive Income Fair Value Available-for-sale - Convertible debentures $ 8,741 $ 8,308 $ - $ 17,049 June 30, 2021 (dollars in thousands) Amortized Cost Gross Unrecognized Holding Gains Gross Unrecognized Holding Losses Fair Value Held-to-maturity - Debentures $ 1,000 $ 3 $ - $ 1,003
Investments Classified by Contractual Maturity Date [Table Text Block]	Investments in debt securities classified as held-to-maturity are carried at amortized cost. The net carrying amount and estimated fair value of debt securities at June 30, 2021, are summarized below by contractual maturity dates. Actual maturities may differ from final contractual maturities due to principal repayment installments or prepayment rights held by issuers. June 30, 2021 Available-for-sale debt securities Held-to-maturity debt securities (dollars in thousands) Convertible debentures (1) Due after five years through ten years Net Carrying Amount $ 8,741 $ 1,000 Fair Value $ 17,049 $ 1,003
Schedule of Derivative Instruments [Table Text Block]	The following table summarizes the fair values of embedded derivatives on the Consolidated Balance Sheet, categorized by risk exposure, at June 30, 2021. June 30, 2021 Other Assets (dollars in thousands) Investments in available-for-sale debt securities Embedded Derivatives: Equity price risk exposure $ 2,542
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: Year Ended June 30, (dollars in thousands) 2021 2020 Carrying amount, beginning of period $ 1,283 $ 1,404 Adjustments: Purchases 863 125 Reclassification to securities at fair value (187 ) - Impairments (6 ) (285 ) Other downward adjustments (158 ) (124 ) Upward adjustments 1,658 163 Carrying amount, end of period $ 3,453 $ 1,283
Gain (Loss) on Securities [Table Text Block]	The following summarizes investment income (loss) reflected in earnings from continuing operations for the periods presented. (dollars in thousands) Year Ended June 30, Investment Income (Loss) 2021 2020 Unrealized gains (losses) on fair valued securities $ 8,479 $ (2,011 ) Unrealized gains on equity securities without readily determinable fair values 1,430 - Realized gains on sales of fair valued securities 16,572 - Realized gains on principal payment proceeds 1,180 - Realized gain on sale of subsidiary - 151 Realized foreign currency gains (losses) 219 (232 ) Impairments in equity investments that do not have readily determinable fair values (6 ) (285 ) Dividend and interest income 464 166 Total Investment Income (Loss) $ 28,338 $ (2,211 )

INVESTMENT MANAGEMENT AND OTH_2

INVESTMENT MANAGEMENT AND OTHER FEES (Tables)	12 Months Ended
	Jun. 30, 2021
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, (dollars in thousands) 2021 2020 USGIF advisory fees $ 3,836 $ 3,093 USGIF performance fees earned (paid) 482 (525 ) ETF advisory fees 17,127 1,743 Total advisory fees 21,445 4,311 USGIF administrative services fees 209 165 Total Operating Revenue $ 21,654 $ 4,476

RESTRICTED CASH (Tables)

RESTRICTED CASH (Tables)	12 Months Ended
	Jun. 30, 2021
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: (dollars in thousands) June 30, 2021 June 30, 2020 Cash and cash equivalents $ 14,436 $ 1,936 Restricted cash 1,000 1,025 Total cash, cash equivalents, and restricted cash $ 15,436 $ 2,961

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
	Jun. 30, 2021
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) 2021 2020 Building and land $ 4,606 $ 4,597 Furniture, equipment, and other 871 847 5,477 5,444 Accumulated depreciation (4,101 ) (3,938 ) Net property and equipment $ 1,376 $ 1,506

LEASES (Tables)

LEASES (Tables)	12 Months Ended
	Jun. 30, 2021
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 years ended June 30, 2021, and June 30, 2020, and qualitative information concerning the Company’s operating leases were as follows: Year Ended Year Ended June 30, June 30, (dollars in thousands) 2021 2020 Operating lease cost $ 53 $ 53 Short-term lease cost 102 100 Total lease cost $ 155 $ 153 Cash paid for amounts included in measurement of lease liabilities: Operating cash flows from operating leases $ 53 $ 53 Right-of-use assets obtained in exchanged for: Net operating lease liabilities $ - $ 141 Weighted-average remaining lease term (in years) 0.83 1.83 Weighted-average discount rate 4.11 % 4.11 %
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	Maturities of lease liabilities from continuing operations as of June 30, 2021, are as follows: (dollars in thousands) Fiscal Year Operating Leases 2022 $ 44 Total lease payments 44 Less imputed interest (1 ) Total $ 43
Lessor, Operating Lease, Payment to be Received, Fiscal Year Maturity [Table Text Block]	A summary analysis of annual undiscounted cash flows to be received on leases as of June 30, 2021, is as follows: (dollars in thousands) Fiscal Year Operating Leases 2022 $ 81 2023 34 Total lease payments $ 115

OTHER ACCRUED EXPENSES (Tables)

OTHER ACCRUED EXPENSES (Tables)	12 Months Ended
	Jun. 30, 2021
Payables and Accruals [Abstract]
Schedule of Accrued Liabilities [Table Text Block]	Other accrued expenses consist of the following: June 30, (dollars in thousands) 2021 2020 Professional fees $ 548 $ 314 Vendors payable 225 113 ETF operating and distribution expenses 496 542 Taxes payable 76 46 Other accrued expenses $ 1,345 $ 1,015

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	12 Months Ended
	Jun. 30, 2021
STOCKHOLDERS' EQUITY (Tables) [Line Items]
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	The assumptions utilized to estimate the fair value of options granted under the 1989 Plan are presented in the following table: Risk-free interest rate 0.9 % Expected volatility 70.0 % Expected life (in years) 5.25 Expected dividend yield 1.0 %
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, 2021, were as follows: Options Outstanding Options Exercisable Date of Option Grant Number Outstanding Remaining Life in Years Weighted Average Exercise Price ($) Number Exercisable Weighted Average Option Price ($) 1989 Plan Class A 06/21/21 231,000 9.98 $ 6.05 - $ - 1997 Plan Class A 03/21/18 2,000 6.72 $ 2.74 2,000 $ 2.74 233,000 9.95 $ 6.02 2,000 $ 2.74
1989 Plan [Member]
STOCKHOLDERS' EQUITY (Tables) [Line Items]
Share-based Payment Arrangement, Activity [Table Text Block]	Stock option transactions under the 1989 Plan for the past fiscal year are summarized below. There were no options forfeited, granted, or exercised during the fiscal year ended June 30, 2020, and no options outstanding as of June 30, 2020. 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, 2020 - n/a Granted 231,000 $ 6.05 Exercised - n/a Forfeited - n/a Outstanding June 30, 2021 231,000 $ 6.05 9.98 $ 26
1997 Plan [Member]
STOCKHOLDERS' EQUITY (Tables) [Line Items]
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, 2019 4,000 $ 7.53 Granted - n/a Exercised - n/a Forfeited (2,000 ) $ 12.31 Outstanding June 30, 2020 2,000 $ 2.74 Granted - n/a Exercised - n/a Forfeited - n/a Outstanding June 30, 2021 2,000 $ 2.74 6.72 $ 5

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Jun. 30, 2021
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) 2021 2020 United States $ 17,889 $ (3,261 ) Canada 19,549 (1,716 ) Total $ 37,438 $ (4,977 )
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) 2021 % of Pretax 2020 % of Pretax Tax expense (benefit) at statutory rate - continuing operations $ 7,862 21.0 % $ (974 ) 21.0 % Tax expense (benefit) from change in foreign unrealized gain/loss 281 0.7 % (203 ) 4.4 % Non-taxable investment income (3,302 ) (8.8 )% (45 ) 1.0 % Change in valuation allowance (2,762 ) (7.4 )% 885 (19.1 )% Income from controlled foreign corporation 3,534 9.4 % - 0.0 % Rate difference on foreign deferred income 777 2.1 % 153 (3.3 )% Rate difference on foreign income 1,075 2.9 % (76 ) 1.6 % Foreign tax credit (1,825 ) (4.9 )% - 0.0 % Other (163 ) (0.4 )% 85 (1.8 )% Total tax expense (benefit) - continuing operations $ 5,477 14.6 % $ (175 ) 3.8 %
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) 2021 2020 Continuing Operations Current tax expense (benefit) - U.S. Federal $ 2,004 $ (1 ) Current tax expense (benefit) - Non-U.S. 2,418 3 Deferred tax expense (benefit) - U.S. Federal 576 - Deferred tax expense (benefit) - Non-U.S. 479 (177 ) Total tax expense (benefit) - continuing operations $ 5,477 $ (175 )
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) 2021 2020 Deferred Income Tax Assets: Accumulated depreciation $ 110 $ 105 Investments in securities at fair value - 448 Equity method investments - 14 Accrued expenses 320 148 Product start-up costs 84 60 Other 25 - Net operating loss carryover - 1,887 Charitable contributions carryover - 8 Capital loss carryover - 226 Total Deferred Tax Assets 539 2,896 Valuation Allowance - (2,762 ) Total Net Deferred Tax Assets 539 134 Deferred Income Tax Liabilities: Investments in securities at fair value $ (2,600 ) $ - Prepaid expenses (60 ) (50 ) Other investments (389 ) (65 ) Equity method investments (40 ) - Foreign tax on undistributed earnings (249 ) - Other - (19 ) Total Deferred Tax Liabilities (3,338 ) (134 ) Net Deferred Tax Liability $ (2,799 ) $ -

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	12 Months Ended
	Jun. 30, 2021
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) 2021 2020 Income (Loss) from Continuing Operations $ 31,961 $ (4,464 ) Loss from Discontinued Operations - (338 ) Less: Net Loss Attributable to Non-Controlling Interest from Discontinued Operations - (118 ) Net Loss Attributable from Discontinued Operations to U.S. Global Investors, Inc. - (220 ) Net Income (Loss) Attributable to U.S. Global Investors, Inc. $ 31,961 $ (4,684 ) Weighted average number of outstanding shares Basic 15,067,044 15,108,394 Effect of dilutive securities: Employee stock options 909 - Diluted 15,067,953 15,108,394 Earnings Per Share Attributable to U.S. Global Investors, Inc. Basic Net Income (Loss) per Share Income (loss) from continuing operations $ 2.12 $ (0.30 ) Loss from discontinued operations $ - $ (0.01 ) Net income (loss) $ 2.12 $ (0.31 ) Diluted Net Income (Loss) per Share Income (loss) from continuing operations $ 2.12 $ (0.30 ) Loss from discontinued operations $ - $ (0.01 ) Net income (loss) $ 2.12 $ (0.31 )

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS ) (Tables)	12 Months Ended
	Jun. 30, 2021
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: (dollars in thousands) Unrealized gains (losses) on available-for-sale investments Foreign currency translation adjustment Total Balance at June 30, 2019 $ - $ (206 ) $ (206 ) Other comprehensive loss before reclassifications 1 - (26 ) (26 ) Amount reclassified from AOCI 1 - 228 228 Net other comprehensive income for 2020 - 202 202 Balance at June 30, 2020 - (4 ) (4 ) Other comprehensive income before reclassifications 9,488 27 9,515 Tax effect (1,992 ) - (1,992 ) Amount reclassified from AOCI (1,180 ) - (1,180 ) Tax effect 248 - 248 Net other comprehensive income for 2021 6,564 27 6,591 Balance at June 30, 2021 $ 6,564 $ 23 $ 6,587 1. Amounts include no tax expense or benefit.

FINANCIAL INFORMATION BY BUSI_2

FINANCIAL INFORMATION BY BUSINESS SEGMENT (Tables)	12 Months Ended
	Jun. 30, 2021
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, 2021 Net operating revenues $ 21,654 $ - $ 21,654 Investment income $ - $ 28,338 $ 28,338 Income from equity method investments $ - $ 347 $ 347 Gain on forgiveness of PPP loan $ 444 $ - $ 444 Other income $ 144 $ - $ 144 Income from continuing operations before income taxes $ 10,866 $ 26,572 $ 37,438 Depreciation and amortization $ 196 $ - $ 196 Gross identifiable assets at June 30, 2021 $ 17,522 $ 44,755 $ 62,277 Deferred tax asset $ - Consolidated total assets at June 30, 2021 $ 62,277 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

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($) $ in Thousands	8 Months Ended	12 Months Ended
	Mar. 02, 2020	Jun. 30, 2021	Jun. 30, 2020
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%
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
Galileo [Member]
SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Percentage of shares owned by parent	65.00%
Variable Interest Entity, Not Primary Beneficiary [Member]
SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Net Assets		$ 7,300	$ 7,000

DISCONTINUED OPERATIONS (Detail

DISCONTINUED OPERATIONS (Details) - Galileo [Member] $ in Thousands, $ in Millions	Mar. 02, 2020USD ($)	Mar. 02, 2020CAD ($)	Dec. 30, 2019CAD ($)	Mar. 02, 2020	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)
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 fiscal year 2020 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					$ 0	$ 235
Galileo [Member]
DISCONTINUED OPERATIONS (Details) [Line Items]
Aggregate Fees Waived and Expenses Borne						39
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						$ 0

DISCONTINUED OPERATIONS (Deta_2

DISCONTINUED OPERATIONS (Details) - Disposal Groups, Including Discontinued Operations - Galileo [Member] - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Revenues
Advisory fees	$ 0	$ 235
Expenses
Employee compensation and benefits	0	77
General and administrative	0	508
Depreciation and amortization	0	6
	0	591
Other Income (Loss)
Investment income	0	24
Other loss	0	(6)
	0	18
Loss from discontinued operations of investment management services in Canada before income taxes	0	(338)
Tax expense (benefit)	0	0
Loss from discontinued operations of investment management services in Canada	0	(338)
Less: net loss attributable to non-controlling interest from discontinued operations	0	(118)
Net loss attributable to U.S. Global Investors, Inc. from discontinued operations of investment management services in Canada	$ 0	$ (220)

INVESTMENTS (Details)

INVESTMENTS (Details) $ / shares in Units, $ in Thousands, shares in Millions	Jan. 12, 2021USD ($)	Jul. 01, 2018USD ($)	Jun. 30, 2021USD ($)$ / sharesshares	Jun. 30, 2020USD ($)shares	Jun. 30, 2021USD ($)$ / sharesshares	Jun. 30, 2021$ / shares	Dec. 31, 2020USD ($)	Jun. 30, 2019USD ($)
INVESTMENTS (Details) [Line Items]
Securities, Fair Value			$ 35,307	$ 11,464	$ 35,307
Investments, Current and Noncurrent, Cost			$ 23,100		$ 23,100
Market value of investments to Company's total assets			56.70%		56.70%
Other investments			$ 3,453	1,283	$ 3,453
Debt Securities, Held-to-Maturity, Fair Value, Noncurrent			1,000		1,000
Equity Method Investments			532	158	532
Realized Gain (Loss) on Principal Payment Proceeds			1,180	0
Equity Securities, FV-NI			18,258	11,464	18,258
Equity Securities without Readily Determinable Fair Value, Amount			3,453	1,283	3,453			$ 1,404
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount			6	285
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Cumulative Amount			543		543
Equity Securities without Readily Determinable Fair Value, Downward Price Adjustment, Cumulative Amount			935		935
Equity Securities without Readily Determinable Fair Value, Downward Price Adjustment, Annual Amount			158	124
Equity Securities without Readily Determinable Fair Value, Upward Price Adjustment, Cumulative Amount			2,300		2,300
Equity Securities without Readily Determinable Fair Value, Upward Price Adjustment, Annual Amount			1,658	163
Income (Loss) from Equity Method Investments			347	(142)
Foreign Currency Transaction Gain (Loss), before Tax			0	(228)
Equity Securities, Unrealized Gain (Loss)			9,900		9,900
Galileo [Member]
INVESTMENTS (Details) [Line Items]
Foreign Currency Transaction Gain (Loss), before Tax				(228)
Debt Securities [Member]
INVESTMENTS (Details) [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value			17,049	0	17,049
Equity Securities [Member]
INVESTMENTS (Details) [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value			8,026	0	8,026
U.S. Global Investors Funds [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI, Current			7,300	7,000	7,300
HIVE Blockchain Technologies Ltd. ("HIVE") [Member] | Securities Investment [Member]
INVESTMENTS (Details) [Line Items]
Investment Owned, at Cost			$ 15,000		$ 15,000
HIVE Blockchain Technologies Ltd. ("HIVE") [Member] | Debt Securities [Member]
INVESTMENTS (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage			8.00%		8.00%
Debt Instrument, Convertible, Conversion Price (in Dollars per share) | $ / shares			$ 2.34		$ 2.34
Investment Owned, Balance, Principal Amount			$ 14,300		$ 14,300
Debt Securities, Available-for-sale, Unrealized Gain	$ 6,900
HIVE Blockchain Technologies Ltd. ("HIVE") [Member] | Equity Securities [Member]
INVESTMENTS (Details) [Line Items]
Investment, Common Share Purchase Warrants (in Shares) | shares			5		5
Warrant, Description			Each whole warrant, expiring in January 2024, entitles the Company to acquire one common share at a price of $3.00 (Canadian).
Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share) | $ / shares						$ 3
Equity Securities, FV-NI, Cost				$ 2,400			$ 2,400
Investment Owned, Balance, Shares (in Shares) | shares				10
Reclassification from AOCI, Current Period, before Tax, Attributable to Parent		$ 3,200
Proceeds from Sale of Long-term Investments			$ 20,600
Equity Securities, FV-NI, Realized Gain			15,000
Thunderbird Entertainment Group [Member] | Equity Securities [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI, Realized Gain			$ 936
Investment Owned, Direct Percentage			1.60%		1.60%
GoldSpot Discoveries, Inc. [Member] | Equity Securities [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI, Realized Gain			$ 600
Equity Securities, FV-NI				$ 806
Galileo New Economy Fund LP [Member]
INVESTMENTS (Details) [Line Items]
Equity Method Investments			532	158	$ 532
Income (Loss) from Equity Method Investments			347	(142)
Maximum [Member] | Galileo New Economy Fund LP [Member]
INVESTMENTS (Details) [Line Items]
Equity Method Investment, Ownership Percentage					22.00%
Fair Value, Inputs, Level 3 [Member]
INVESTMENTS (Details) [Line Items]
Securities, Fair Value			25,075	0	$ 25,075
Equity Securities, FV-NI			8,026	0	8,026
Fair Value, Inputs, Level 3 [Member] | Remeasured [Member] | Equity Securities [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities without Readily Determinable Fair Value, Amount			470		470
Fair Value, Inputs, Level 3 [Member] | HIVE Blockchain Technologies Ltd. ("HIVE") [Member] | Warrants and Convertible Debt [Member]
INVESTMENTS (Details) [Line Items]
Securities, Fair Value			25,100		25,100
Fair Value, Inputs, Level 3 [Member] | HIVE Blockchain Technologies Ltd. ("HIVE") [Member] | Debt Securities [Member] | Debentures [Member]
INVESTMENTS (Details) [Line Items]
Debt Securities, Available-for-sale, Maturity, without Single Maturity Date, Fair Value	16,000
Realized Gain (Loss) on Principal Payment Proceeds			1,200
Fair Value, Inputs, Level 3 [Member] | HIVE Blockchain Technologies Ltd. ("HIVE") [Member] | Equity Securities [Member] | Warrant [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI, Cost	$ 5,900
Fair Value, Inputs, Level 1 [Member]
INVESTMENTS (Details) [Line Items]
Securities, Fair Value			10,097	11,432	10,097
Equity Securities, FV-NI			10,097	11,432	10,097
Fair Value, Inputs, Level 1 [Member] | HIVE Blockchain Technologies Ltd. ("HIVE") [Member] | Common Stock [Member]
INVESTMENTS (Details) [Line Items]
Securities, Fair Value			2,400		2,400
Fair Value, Inputs, Level 1 [Member] | Thunderbird Entertainment Group [Member] | Equity Securities [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI, Current			2,700	1,200	2,700
Fair Value, Inputs, Level 1 [Member] | GoldSpot Discoveries, Inc. [Member] | Equity Securities [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI, Current				774
Fair Value, Inputs, Level 2 [Member]
INVESTMENTS (Details) [Line Items]
Securities, Fair Value			135	32	135
Equity Securities, FV-NI			135	32	135
Fair Value, Inputs, Level 2 [Member] | Remeasured [Member] | Equity Securities [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities without Readily Determinable Fair Value, Amount			$ 2,100		$ 2,100
Fair Value, Inputs, Level 2 [Member] | GoldSpot Discoveries, Inc. [Member] | Equity Securities [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI, Current				$ 32

INVESTMENTS (Details) - Fair Va

INVESTMENTS (Details) - Fair Value, Assets Measured on Recurring Basis - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Investments carried at fair value on a recurring basis:
Equity securities fair value	$ 18,258	$ 11,464
Total investments carried at fair value on a recurring basis:	35,307	11,464
Equity Securities International [Member]
Investments carried at fair value on a recurring basis:
Equity securities fair value	10,998	4,479
Common Stock - Domestic [Member]
Investments carried at fair value on a recurring basis:
Equity securities fair value	0	0
Mutual Funds - Fixed Income [Member]
Investments carried at fair value on a recurring basis:
Equity securities fair value	6,322	6,322
Mutual Funds Global Equity [Member]
Investments carried at fair value on a recurring basis:
Equity securities fair value	938	0
Mutual Funds, Domestic Equity [Member]
Investments carried at fair value on a recurring basis:
Equity securities fair value	0	663
Available-for-sale Securities [Member] | Corporate Debt Securities [Member]
Investments carried at fair value on a recurring basis:
Debt securities fair value	17,049	0
Fair Value, Inputs, Level 1 [Member]
Investments carried at fair value on a recurring basis:
Equity securities fair value	10,097	11,432
Total investments carried at fair value on a recurring basis:	10,097	11,432
Fair Value, Inputs, Level 1 [Member] | Equity Securities International [Member]
Investments carried at fair value on a recurring basis:
Equity securities fair value	2,837	4,447
Fair Value, Inputs, Level 1 [Member] | Common Stock - Domestic [Member]
Investments carried at fair value on a recurring basis:
Equity securities fair value	0	0
Fair Value, Inputs, Level 1 [Member] | Mutual Funds - Fixed Income [Member]
Investments carried at fair value on a recurring basis:
Equity securities fair value	6,322	6,322
Fair Value, Inputs, Level 1 [Member] | Mutual Funds Global Equity [Member]
Investments carried at fair value on a recurring basis:
Equity securities fair value	938	0
Fair Value, Inputs, Level 1 [Member] | Mutual Funds, Domestic Equity [Member]
Investments carried at fair value on a recurring basis:
Equity securities fair value	0	663
Fair Value, Inputs, Level 1 [Member] | Available-for-sale Securities [Member] | Corporate Debt Securities [Member]
Investments carried at fair value on a recurring basis:
Debt securities fair value	0	0
Fair Value, Inputs, Level 2 [Member]
Investments carried at fair value on a recurring basis:
Equity securities fair value	135	32
Total investments carried at fair value on a recurring basis:	135	32
Fair Value, Inputs, Level 2 [Member] | Equity Securities International [Member]
Investments carried at fair value on a recurring basis:
Equity securities fair value	135	32
Fair Value, Inputs, Level 2 [Member] | Common Stock - Domestic [Member]
Investments carried at fair value on a recurring basis:
Equity securities fair value	0	0
Fair Value, Inputs, Level 2 [Member] | Mutual Funds - Fixed Income [Member]
Investments carried at fair value on a recurring basis:
Equity securities fair value	0	0
Fair Value, Inputs, Level 2 [Member] | Mutual Funds Global Equity [Member]
Investments carried at fair value on a recurring basis:
Equity securities fair value	0	0
Fair Value, Inputs, Level 2 [Member] | Mutual Funds, Domestic Equity [Member]
Investments carried at fair value on a recurring basis:
Equity securities fair value	0	0
Fair Value, Inputs, Level 2 [Member] | Available-for-sale Securities [Member] | Corporate Debt Securities [Member]
Investments carried at fair value on a recurring basis:
Debt securities fair value	0	0
Fair Value, Inputs, Level 3 [Member]
Investments carried at fair value on a recurring basis:
Equity securities fair value	8,026	0
Total investments carried at fair value on a recurring basis:	25,075	0
Fair Value, Inputs, Level 3 [Member] | Equity Securities International [Member]
Investments carried at fair value on a recurring basis:
Equity securities fair value	8,026	0
Fair Value, Inputs, Level 3 [Member] | Common Stock - Domestic [Member]
Investments carried at fair value on a recurring basis:
Equity securities fair value	0	0
Fair Value, Inputs, Level 3 [Member] | Mutual Funds - Fixed Income [Member]
Investments carried at fair value on a recurring basis:
Equity securities fair value	0	0
Fair Value, Inputs, Level 3 [Member] | Mutual Funds Global Equity [Member]
Investments carried at fair value on a recurring basis:
Equity securities fair value	0	0
Fair Value, Inputs, Level 3 [Member] | Mutual Funds, Domestic Equity [Member]
Investments carried at fair value on a recurring basis:
Equity securities fair value	0	0
Fair Value, Inputs, Level 3 [Member] | Available-for-sale Securities [Member] | Corporate Debt Securities [Member]
Investments carried at fair value on a recurring basis:
Debt securities fair value	$ 17,049	$ 0

INVESTMENTS (Details) - Fair _2

INVESTMENTS (Details) - Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation $ in Thousands	12 Months Ended
	Jun. 30, 2021USD ($)
Equity Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance	$ 0
Purchases	5,853
Sales	0
Principal repayments	0
Amortization of Premium (investment income)	0
Included in earnings (investment income)	2,173
Included in Accumulated Other Comprehensive Income (other)	0
Transfers into Level 3	0
Transfers out of Level 3	0
Ending Balance	8,026
Debt Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance	0
Purchases	9,147
Sales	0
Principal repayments	(1,408)
Amortization of Premium (investment income)	(178)
Included in earnings (investment income)	1,180
Included in Accumulated Other Comprehensive Income (other)	8,308
Transfers into Level 3	0
Transfers out of Level 3	0
Ending Balance	$ 17,049

INVESTMENTS (Details) - Fair _3

INVESTMENTS (Details) - Fair Value Measurement Inputs and Valuation Techniques $ in Thousands	12 Months Ended
	Jun. 30, 2021USD ($)
Equity Securities [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 8,026
Principal Valuation Techniques	Option pricing model
Equity Securities [Member] | Measurement Input, Price Volatility [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Unobservable Inputs	Volatility
Unobservable Inputs	0.881
Debt Securities [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Principal Valuation Techniques	Binomial lattice model
Fair Value	$ 17,049
Debt Securities [Member] | Measurement Input, Price Volatility [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Unobservable Inputs	Volatility
Unobservable Inputs	0.601
Debt Securities [Member] | Measurement Input, Discount Rate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Unobservable Inputs	Credit Adjusted Discount Rate
Unobservable Inputs	0.019

INVESTMENTS (Details) - Compone

INVESTMENTS (Details) - Components of Company's Equity Securities Measured at Fair Value - Equity Securities [Member] - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Equities International [Member]
Equity securities at fair value
Securities, Cost	$ 7,076	$ 5,641
Securities, Unrealized Gains (Losses)	3,922	(1,162)
Securities, Fair Value	10,998	4,479
Common Stock - Domestic [Member]
Equity securities at fair value
Securities, Cost	45	45
Securities, Unrealized Gains (Losses)	(45)	(45)
Securities, Fair Value	0	0
Fixed Income Securities [Member]
Equity securities at fair value
Securities, Cost	6,313	6,313
Securities, Unrealized Gains (Losses)	9	9
Securities, Fair Value	6,322	6,322
Mutual Funds Global Equity [Member]
Equity securities at fair value
Securities, Cost	929	0
Securities, Unrealized Gains (Losses)	9	0
Securities, Fair Value	938	0
Mutual Funds, Domestic Equity [Member]
Equity securities at fair value
Securities, Cost	0	929
Securities, Unrealized Gains (Losses)	0	(266)
Securities, Fair Value	0	663
Equity Securities [Member]
Equity securities at fair value
Securities, Cost	14,363	12,928
Securities, Unrealized Gains (Losses)	3,895	(1,464)
Securities, Fair Value	$ 18,258	$ 11,464

INVESTMENTS (Details) - Debt Se

INVESTMENTS (Details) - Debt Securities, Available-for-sale and Held-to-Maturity - Corporate Debt Securities [Member] $ in Thousands	Jun. 30, 2021USD ($)
Available-for-sale Securities [Member]
INVESTMENTS (Details) - Debt Securities, Available-for-sale and Held-to-Maturity [Line Items]
Amortized Cost, Available-for-sale	$ 8,741
Unrealized Gains in Other Comprehensive Income (Loss), Available-for-sale	8,308
Unrealized Losses in Investment Income (Loss), Available-for-sale	0
Fair Value, Available-for-sale	17,049
Held-to-maturity Securities [Member]
INVESTMENTS (Details) - Debt Securities, Available-for-sale and Held-to-Maturity [Line Items]
Amortized Cost, Held-to-maturity	1,000
Gross Unrecognized Holding Gains, Held-to-maturity	3
Gross Unrecognized Holding Losses, Held-to-maturity	0
Fair Value, Held-to-maturity	$ 1,003

INVESTMENTS (Details) - Investm

INVESTMENTS (Details) - Investments Classified by Contractual Maturity Date $ in Thousands	Jun. 30, 2021USD ($)
Investments Classified by Contractual Maturity Date [Abstract]
Net Carrying Amount, Convertible debentures	$ 8,741
Net Carrying Amount, Due after five years through ten years	1,000
Fair Value, Convertible debentures	17,049
Fair Value, Due after five years through ten years	$ 1,003

INVESTMENTS (Details) - Schedul

INVESTMENTS (Details) - Schedule of Derivative Instruments $ in Thousands	Jun. 30, 2021USD ($)
Embedded Derivatives:
Equity price risk exposure	$ 2,542

INVESTMENTS (Details) - Equity

INVESTMENTS (Details) - Equity Securities without Readily Determinable Fair Value - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Equity Securities without Readily Determinable Fair Value [Abstract]
Carrying amount, beginning of period	$ 1,283	$ 1,404
Adjustments:
Purchases	863	125
Reclassification to securities at fair value	(187)	0
Impairments	(6)	(285)
Other downward adjustments	(158)	(124)
Upward adjustments	1,658	163
Carrying amount, end of period	$ 3,453	$ 1,283

INVESTMENTS (Details) - Inves_2

INVESTMENTS (Details) - Investment Income (Loss) Reflected in Earnings - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Investment Income (Loss) Reflected in Earnings [Abstract]
Unrealized gains (losses) on fair valued securities	$ 8,479	$ (2,011)
Unrealized gains on equity securities without readily determinable fair values	1,430	0
Realized gains on sales of fair valued securities	16,572	0
Realized gains on principal payment proceeds	1,180	0
Realized gain on sale of subsidiary	0	151
Realized foreign currency gains (losses)	219	(232)
Impairments in equity investments that do not have readily determinable fair values	(6)	(285)
Dividend and interest income	464	166
Total Investment Income (Loss)	$ 28,338	$ (2,211)

INVESTMENT MANAGEMENT AND OTH_3

INVESTMENT MANAGEMENT AND OTHER FEES (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
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	$ 701	$ 584
Administrative fee rate	0.05%	0.05%
U.S. Global ETFs [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Unitary Management Fee, Percentage of Average Net Assets	0.60%
U.S. Global Jets UCITS ETF [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Unitary Management Fee, Percentage of Average Net Assets	0.65%
Equity Funds [Member] | U.S. Global Investors 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%
Fund Clients [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Receivables, Net, Current	$ 2,400	$ 869
Fund Clients [Member] | U.S. Global Investors Funds [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Receivables, Net, Current	432	187
Fund Clients [Member] | U.S. Global ETFs [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Receivables, Net, Current	$ 2,000	$ 682

INVESTMENT MANAGEMENT AND OTH_4

INVESTMENT MANAGEMENT AND OTHER FEES (Details) - Disaggregation of Revenue - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Disaggregation of Revenue [Line Items]
Revenues	$ 21,654	$ 4,476
Base Advisory Fee [Member[ | Investment and Advisory Services [Member] | U.S. Global Investors Funds [Member]
Disaggregation of Revenue [Line Items]
Revenues	3,836	3,093
Investment Performance [Member] | Investment and Advisory Services [Member] | U.S. Global Investors Funds [Member]
Disaggregation of Revenue [Line Items]
Revenues	482	(525)
Investment and Advisory Services [Member]
Disaggregation of Revenue [Line Items]
Revenues	21,445	4,311
Investment and Advisory Services [Member] | U.S. Global ETFs [Member]
Disaggregation of Revenue [Line Items]
Revenues	17,127	1,743
Administrative Service [Member]
Disaggregation of Revenue [Line Items]
Revenues	209	165
Administrative Service [Member] | U.S. Global Investors Funds [Member]
Disaggregation of Revenue [Line Items]
Revenues	$ 209	$ 165

RESTRICTED CASH (Details) - Res

RESTRICTED CASH (Details) - Restrictions on Cash and Cash Equivalents - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Restrictions on Cash and Cash Equivalents [Abstract]
Cash and cash equivalents	$ 14,436	$ 1,936
Restricted cash	1,000	1,025
Total cash, cash equivalents, and restricted cash	$ 15,436	$ 2,961	$ 2,491

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Property, Plant and Equipment [Abstract]
Depreciation, Depletion and Amortization, Nonproduction	$ 196	$ 202

PROPERTY AND EQUIPMENT (Detai_2

PROPERTY AND EQUIPMENT (Details) - Property, Plant and Equipment - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 5,477	$ 5,444
Accumulated depreciation	(4,101)	(3,938)
Net property and equipment	1,376	1,506
Land and Building [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	4,606	4,597
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 871	$ 847

LEASES (Details)

LEASES (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
LEASES (Details) [Line Items]
Lessor, Operating Lease, Description	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	$ 91	$ 92
Lessor Contracts, Asset	$ 4	7
Lessor, Operating Lease, Option to Terminate	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]
Operating Lease, Expense	$ 155	153
Discontinued Operations [Member]
LEASES (Details) [Line Items]
Operating Lease, Expense		$ 74

LEASES (Details) - Lease, Cost

LEASES (Details) - Lease, Cost - Continuing Operations [Member] - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
LEASES (Details) - Lease, Cost [Line Items]
Operating lease cost	$ 53	$ 53
Short-term lease cost	102	100
Total lease cost	155	153
Operating cash flows from operating leases	53	53
Net operating lease liabilities	$ 0	$ 141
Weighted-average remaining lease term (in years)	9 months 29 days	1 year 9 months 29 days
Weighted-average discount rate	4.11%	4.11%

LEASES (Details) - Lessee, Oper

LEASES (Details) - Lessee, Operating Lease, Liability, Maturity $ in Thousands	Jun. 30, 2021USD ($)
Lessee, Operating Lease, Liability, Maturity [Abstract]
2022	$ 44
Total lease payments	44
Less imputed interest	(1)
Total	$ 43

LEASES (Details) - Lessor, Oper

LEASES (Details) - Lessor, Operating Lease, Payments to be Received, Maturity $ in Thousands	Jun. 30, 2021USD ($)
Lessor, Operating Lease, Payments to be Received, Maturity [Abstract]
2022	$ 81
2023	34
Total lease payments	$ 115

OTHER ACCRUED EXPENSES (Details

OTHER ACCRUED EXPENSES (Details) - Schedule of Accrued Liabilities - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Schedule of Accrued Liabilities [Abstract]
Professional fees	$ 548	$ 314
Vendors payable	225	113
ETF operating and distribution expenses	496	542
Taxes payable	76	46
Other accrued expenses	$ 1,345	$ 1,015

BORROWINGS (Details)

BORROWINGS (Details) $ in Thousands	Apr. 12, 2020USD ($)	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)
BORROWINGS (Details) [Line Items]
Credit facility with a one-year maturity for working capital		$ 1,000
Amended credit agreement expiration date		May 31, 2022
Line of Credit Facility, Collateral		collateralized by approximately $1 million at June 30, 2021, 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
Debt Instrument, Face Amount	$ 442
Notes Payable, Current		$ 0	$ 442
Gain (Loss) on Extinguishment of Debt		$ 444	$ 0
Maximum [Member]
BORROWINGS (Details) [Line Items]
Number of Employees	25

BENEFIT PLANS (Details)

BENEFIT PLANS (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
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%
DefinedContributionPlanEmployerMatchingContributionAmount	$ 99	$ 77
Profit Sharing Contributions	80	0
Company match of savings programs	$ 15	$ 16
Employee Stock Purchase Plan [Member]
BENEFIT PLANS (Details) [Line Items]
Shares of treasury stock purchased by employees	2,330	1,648
EmployeeStockPurchasePlanEmployerMatchingContributionAmount	$ 6	$ 0

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details) $ / shares in Units, $ in Thousands	1 Months Ended	3 Months Ended	5 Months Ended	12 Months Ended		19 Months Ended	102 Months Ended
	Jan. 31, 2021$ / shares	Sep. 30, 2021$ / shares	Jun. 30, 2021USD ($)$ / sharesshares	Jun. 30, 2021USD ($)$ / sharesshares	Jun. 30, 2020USD ($)$ / sharesshares	Jan. 31, 2021$ / shares	Jun. 30, 2021USD ($)shares	Jun. 30, 2019shares
STOCKHOLDERS' EQUITY (Details) [Line Items]
Payments of Ordinary Dividends, Common Stock (in Dollars) | $				$ 640	$ 452
Stock Repurchase Program, Remaining Authorized Repurchase Amount (in Dollars) | $			$ 2,500	2,500			$ 2,500
Repurchasing Amount (in Dollars) | $				314	$ 113
Monthly Dividends Paid [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Common Stock, Dividends, Per Share, Cash Paid (in Dollars per share) | $ / shares	$ 0.0025		$ 0.005			$ 0.0025
Share Repurchase Plan Renewal, December 2012 - December 2020 [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Stock repurchase program, authorized amount (in Dollars) | $			$ 2,750	$ 2,750			2,750
Repurchasing Amount (in Dollars) | $							$ 1,800
Number of shares repurchased							719,682
Forecast [Member] | Monthly Dividend Authorized [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Monthly dividend (in Dollars per share) | $ / shares		$ 0.005
Common Class B [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Common Stock, Shares, Issued			0	0	0		0
Common Class A [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Common Stock, Shares, Issued			13,866,913	13,866,913	13,866,913		13,866,913
Payments of Ordinary Dividends, Common Stock (in Dollars) | $				$ 552	$ 390
Number of shares repurchased				53,151	105,721
Repurchasing Amount (in Dollars) | $				$ 314	$ 113
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number			233,000	233,000			233,000
Common Class A [Member] | Certain Employees [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Class A common stock granted				4,000	0
Class A common stock granted (in Dollars per share) | $ / shares				$ 2.5
Common Class A [Member] | Director [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Class A common stock granted				3,300	3,600
Class A common stock granted (in Dollars per share) | $ / shares				$ 2.68	$ 1.61
Common Class A [Member] | Key Advisor [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Class A common stock granted				0	50,000
Class A common stock granted (in Dollars per share) | $ / shares					$ 1.95
Common Class C [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Common Stock, Shares, Issued			2,068,635	2,068,635	2,068,635		2,068,635
Payments of Ordinary Dividends, Common Stock (in Dollars) | $				$ 88	$ 62
Number of shares converted				0	(162)
Conversion ratio, shares issued as a result of stock conversion				1	1
1989 Plan [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Number of options granted				231,000,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number			231,000,000	231,000,000	0		231,000,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period				0
1989 Plan [Member] | Common Class A [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Number of shares authorized under Stock Option Plan			1,600,000	1,600,000			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				231,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value (in Dollars per share) | $ / shares				$ 3.36
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period				6 months
Share-based Payment Arrangement, Expense (in Dollars) | $				$ 43
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-based Compensation Cost (in Dollars) | $			$ 9	9			$ 9
Share-based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount (in Dollars) | $			$ 733	$ 733			$ 733
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition				5 months 19 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number			231,000	231,000	0		231,000
1997 Plan [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Number of options granted				0	0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number			2,000	2,000	2,000		2,000	4,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period				0	0
1997 Plan [Member] | Common Class A [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Number of shares authorized under Stock Option Plan			400,000	400,000			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	2,000	2,000		2,000
Number of options, options forfeited				0	2,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period				0	0
Treasury Stock [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Common Stock, Shares, Issued			898,953	898,953	855,432		898,953	804,959
Number of shares repurchased				53,151
Treasury Stock [Member] | Common Class A [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Number of shares repurchased					105,721
Treasury Stock [Member] | Common Class A [Member] | Employee and Director [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) | $				$ 11
Treasury Stock [Member] | Common Class A [Member] | Employee, Director, and Key Advisor [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)

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details) - Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions	12 Months Ended
	Jun. 30, 2021
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Abstract]
Risk-free interest rate	0.90%
Expected volatility	70.00%
Expected life (in years)	5 years 3 months
Expected dividend yield	1.00%

STOCKHOLDERS' EQUITY (Details_2

STOCKHOLDERS' EQUITY (Details) - Schedule of Share-based Compensation, Activity - 1989 Plan [Member] $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Jun. 30, 2021USD ($)$ / sharesshares
STOCKHOLDERS' EQUITY (Details) - Schedule of Share-based Compensation, Activity [Line Items]
Outstanding, Shares | shares	0
Outstanding, Weighted Average Exercise Price | $ / shares
Outstanding, Shares | shares	231,000
Outstanding, Weighted Average Exercise Price | $ / shares	$ 6.05
Outstanding, Weighted Average Remaining Contractual Life	9 years 11 months 23 days
Outstanding, Aggregate Intrinsic Value | $	$ 26
Granted, Shares | shares	231,000
Granted, Weighted Average Exercise Price | $ / shares	$ 6.05
Exercised, Shares | shares	0
Exercised, Weighted Average Exercise Price | $ / shares
Forfeited, Shares | shares	0
Forfeited, Weighted Average Exercise Price | $ / shares

STOCKHOLDERS' EQUITY (Details_3

STOCKHOLDERS' EQUITY (Details) - Schedule of Share-based Compensation, Activity - 1997 Plan [Member] - USD ($)	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
STOCKHOLDERS' EQUITY (Details) - Schedule of Share-based Compensation, Activity [Line Items]
Outstanding, Shares	2,000	2,000	4,000
Outstanding, Weighted Average Exercise Price	$ 2.74	$ 2.74	$ 7.53
Outstanding, Weighted Average Remaining Contractual Life	6 years 8 months 19 days
Outstanding, Aggregate Intrinsic Value	$ 5
Granted, Shares	0	0
Granted, Weighted Average Exercise Price
Exercised, Shares	0	0
Exercised, Weighted Average Exercise Price
Forfeited, Shares	0	(2,000)
Forfeited, Weighted Average Exercise Price		$ 12.31

STOCKHOLDERS' EQUITY (Details_4

STOCKHOLDERS' EQUITY (Details) - Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable - Common Class A [Member] - $ / shares	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
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	233,000
Options Outstanding, Remaining Life in Years	9 years 11 months 12 days
Options Outstanding, Weighted Average Exercise Price	$ 6.02
Options Exercisable, Shares	2,000
Options Exercisable, Weighted Average Exercise Price	$ 2.74
1989 Plan [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, Shares	231,000	0
1989 Plan [Member] | June 21, 2021 [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	Jun. 21, 2021
Options Outstanding, Shares	231,000
Options Outstanding, Remaining Life in Years	9 years 11 months 23 days
Options Outstanding, Weighted Average Exercise Price	$ 6.05
Options Exercisable, Shares	0
Options Exercisable, Weighted Average Exercise Price	$ 0
1997 Plan [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, Shares	2,000	2,000
1997 Plan [Member] | 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	2,000
Options Outstanding, Remaining Life in Years	6 years 8 months 19 days
Options Outstanding, Weighted Average Exercise Price	$ 2.74
Options Exercisable, Shares	2,000
Options Exercisable, Weighted Average Exercise Price	$ 2.74

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
INCOME TAXES (Details) [Line Items]
Valuation allowance	$ 0	$ 2,762
Domestic Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover	0
CANADA | Foreign Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover	0
CANADA | Capital Loss Carryforward [Member] | Foreign Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Tax credit carryforward	$ 0

INCOME TAXES (Details) - Schedu

INCOME TAXES (Details) - Schedule of Income before Income Tax, Domestic and Foreign - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Schedule of Income before Income Tax, Domestic and Foreign [Abstract]
United States	$ 17,889	$ (3,261)
Canada	19,549	(1,716)
Income (Loss) Before Income Taxes	$ 37,438	$ (4,977)

INCOME TAXES (Details) - Sche_2

INCOME TAXES (Details) - Schedule of Effective Income Tax Rate Reconciliation - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Schedule of Effective Income Tax Rate Reconciliation [Abstract]
Tax expense (benefit) at statutory rate - continuing operations	$ 7,862	$ (974)
Tax expense (benefit) at statutory rate - continuing operations	21.00%	21.00%
Tax expense (benefit) from change in foreign unrealized gain/loss	$ 281	$ (203)
Tax expense (benefit) from change in foreign unrealized gain/loss	0.70%	4.40%
Non-taxable investment income	$ (3,302)	$ (45)
Non-taxable investment income	(8.80%)	1.00%
Change in valuation allowance	$ (2,762)	$ 885
Change in valuation allowance	(7.40%)	(19.10%)
Income from controlled foreign corporation	$ 3,534	$ 0
Income from controlled foreign corporation	9.40%	0.00%
Rate difference on foreign deferred income	$ 777	$ 153
Rate difference on foreign deferred income	2.10%	(3.30%)
Rate difference on foreign income	$ 1,075	$ (76)
Rate difference on foreign income	2.90%	1.60%
Foreign tax credit	$ (1,825)	$ 0
Foreign tax credit	(4.90%)	0.00%
Other	$ (163)	$ 85
Other	(0.40%)	(1.80%)
Total tax expense (benefit) - continuing operations	$ 5,477	$ (175)
Total tax expense (benefit) - continuing operations	14.60%	3.80%

INCOME TAXES (Details) - Sche_3

INCOME TAXES (Details) - Schedule of Components of Income Tax Expense (Benefit) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Continuing Operations
Current tax expense (benefit) - U.S. Federal	$ 2,004	$ (1)
Current tax expense (benefit) - Non-U.S.	2,418	3
Deferred tax expense (benefit) - U.S. Federal	576	0
Deferred tax expense (benefit) - Non-U.S.	479	(177)
Total tax expense (benefit) - continuing operations	$ 5,477	$ (175)

INCOME TAXES (Details) - Sche_4

INCOME TAXES (Details) - Schedule of Deferred Tax Assets and Liabilities - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Deferred Income Tax Assets:
Accumulated depreciation	$ 110	$ 105
Investments in securities at fair value	0	448
Equity method investments	0	14
Accrued expenses	320	148
Product start-up costs	84	60
Other	25	0
Net operating loss carryover	0	1,887
Charitable contributions carryover	0	8
Capital loss carryover	0	226
Total Deferred Tax Assets	539	2,896
Valuation Allowance	0	(2,762)
Total Net Deferred Tax Assets	539	134
Deferred Income Tax Liabilities:
Investments in securities at fair value	(2,600)	0
Prepaid expenses	(60)	(50)
Other investments	(389)	(65)
Equity method investments	(40)	0
Foreign tax on undistributed earnings	(249)	0
Other	0	(19)
Total Deferred Tax Liabilities	(3,338)	(134)
Net Deferred Tax Liability	$ (2,799)	$ 0

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - shares	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Share-based Payment Arrangement, Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Employee stock options excluded from diluted EPS	231,000	2,000

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, 2021	Jun. 30, 2020
Schedule of Earnings Per Share, Basic and Diluted [Abstract]
Income (Loss) from Continuing Operations (in Dollars)	$ 31,961	$ (4,464)
Loss from Discontinued Operations (in Dollars)	0	(338)
Less: Net Loss Attributable to Non-Controlling Interest from Discontinued Operations (in Dollars)	0	(118)
Net Loss Attributable from Discontinued Operations to U.S. Global Investors, Inc. (in Dollars)	0	(220)
Net Income (Loss) Attributable to U.S. Global Investors, Inc. (in Dollars)	$ 31,961	$ (4,684)
Weighted average number of outstanding shares
Basic (in Shares)	15,067,044	15,108,394
Employee stock options (in Shares)	909	0
Diluted (in Shares)	15,067,953	15,108,394
Basic Net Income (Loss) per Share
Income (loss) from continuing operations	$ 2.12	$ (0.3)
Loss from discontinued operations	0	(0.01)
Net income (loss)	2.12	(0.31)
Diluted Net Income (Loss) per Share
Income (loss) from continuing operations	2.12	(0.3)
Loss from discontinued operations	0	(0.01)
Net income (loss)	$ 2.12	$ (0.31)

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS ) (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2020USD ($)
Stockholders' Equity Note [Abstract]
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Tax	$ 0

ACCUMULATED OTHER COMPREHENSI_4

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS ) (Details) - Schedule of Accumulated Other Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax, Balance	$ (4)	$ (206)
Other comprehensive income before reclassifications	9,515	(26)	[1]
Tax effect	(1,992)
Amount reclassified from AOCI	(1,180)	228	[1]
Tax effect	248
Net other comprehensive income	6,591	202
Accumulated Other Comprehensive Income (Loss), Net of Tax, Balance	6,587	(4)
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax, Balance	0	0
Other comprehensive income before reclassifications	9,488	0	[1]
Tax effect	(1,992)
Amount reclassified from AOCI	(1,180)	0	[1]
Tax effect	248
Net other comprehensive income	6,564	0
Accumulated Other Comprehensive Income (Loss), Net of Tax, Balance	6,564	0
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax, Balance	(4)	(206)
Other comprehensive income before reclassifications	27	(26)	[1]
Tax effect	0
Amount reclassified from AOCI	0	228	[1]
Tax effect	0
Net other comprehensive income	27	202
Accumulated Other Comprehensive Income (Loss), Net of Tax, Balance	$ 23	$ (4)
[1]	Amounts include no tax expense or benefit.

FINANCIAL INFORMATION BY BUSI_3

FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) - Investment Management Services [Member] - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
U.S. Global Investors Funds [Member]
FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) [Line Items]
Net operating revenues	$ 4.5	$ 2.7
U.S. Global ETFs [Member]
FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) [Line Items]
Net operating revenues	$ 17.1	$ 1.7

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, 2021	Jun. 30, 2020
Segment Reporting Information [Line Items]
Net operating revenues	$ 21,654	$ 4,476
Investment income (loss)	28,338	(2,211)
Income (loss) from equity method investments	347	(142)
Gain on forgiveness of PPP loan	444	0
Other income	144	117
Income (loss) from continuing operations before income taxes	37,438	(4,639)
Depreciation and amortization	196	202
Gross identifiable assets	62,277
Deferred tax asset	0
Consolidated total assets	62,277	18,816
Investment Management Services [Member]
Segment Reporting Information [Line Items]
Net operating revenues	21,654	4,476
Investment income (loss)	0	0
Income (loss) from equity method investments	0	0
Gain on forgiveness of PPP loan	444
Other income	144	117
Income (loss) from continuing operations before income taxes	10,866	(2,071)
Depreciation and amortization	196	202
Gross identifiable assets	17,522
Corporate Investments [Member]
Segment Reporting Information [Line Items]
Net operating revenues	0	0
Investment income (loss)	28,338	(2,211)
Income (loss) from equity method investments	347	(142)
Gain on forgiveness of PPP loan	0
Other income	0	0
Income (loss) from continuing operations before income taxes	26,572	(2,568)
Depreciation and amortization	0	$ 0
Gross identifiable assets	$ 44,755

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($) $ in Thousands	Jul. 01, 2018	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Equity Securities, FV-NI		$ 18,258	$ 11,464
Equity Method Investments		532	158
Income (Loss) from Equity Method Investments		347	(142)
Accounts and Other Receivables, Net, Current		2,534	974
Proceeds from Sale and Maturity of Debt Securities, Available-for-sale		1,408	0
Realized Gain (Loss) on Principal Payment Proceeds		1,180	0
Other Income		144	117
U.S. Global Investors Funds [Member]
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Equity Securities, FV-NI		7,300	7,000
Investment Income, Dividends and Capital Gains		15	97
Recognized Gains (Losses) on Related Party Securities, Net		0	0
Thunderbird Entertainment Group [Member]
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Equity Securities, FV-NI		2,700	1,200
Mutual Fund [Member]
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Accounts and Other Receivables, Net, Current		2,400	869
HIVE Blockchain Technologies Ltd. ("HIVE") [Member]
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Equity Securities, FV-NI		25,100	2,400
Proceeds from Sale and Maturity of Debt Securities, Available-for-sale		1,400
Realized Gain (Loss) on Principal Payment Proceeds		1,200
Equity Securities [Member]
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Proceeds from Sale and Maturity of Debt Securities, Available-for-sale		0
Debt Securities [Member]
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Proceeds from Sale and Maturity of Debt Securities, Available-for-sale		1,408
HIVE Blockchain Technologies Ltd. ("HIVE") [Member]
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Accounts and Other Receivables, Net, Current		40	0
Other Income		40	0
HIVE Blockchain Technologies Ltd. ("HIVE") [Member] | Equity Securities [Member]
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Reclassification from AOCI, Current Period, before Tax, Attributable to Parent	$ 3,200
Proceeds from Sale of Long-term Investments		20,600
Equity Securities, FV-NI, Cost			2,400	$ 2,400
Equity Securities, FV-NI, Realized Gain		15,000
HIVE Blockchain Technologies Ltd. ("HIVE") [Member] | Debt Securities [Member]
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Interest Income, Related Party		368
Thunderbird Entertainment Group [Member] | Equity Securities [Member]
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Equity Securities, FV-NI, Realized Gain		936
GoldSpot Discoveries, Inc. [Member] | Equity Securities [Member]
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Equity Securities, FV-NI			806
Equity Securities, FV-NI, Realized Gain		$ 600
Galileo New Economy Fund LP [Member]
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Equity Method Investments			$ 158

CONTINGENCIES AND COMMITMENTS (

CONTINGENCIES AND COMMITMENTS (Details) - Forecast [Member] - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021
Monthly Dividend Authorized [Member]
CONTINGENCIES AND COMMITMENTS (Details) [Line Items]
Monthly Dividend Declared			$ 0.005
Class A and C [Member]
CONTINGENCIES AND COMMITMENTS (Details) [Line Items]
Monthly Dividend Declared	$ 0.0075	$ 0.0075
Amount of cash dividends to be paid to class A and C shareholders			$ 226

SUBSEQUENT EVENT (Details)

SUBSEQUENT EVENT (Details) - $ / shares	3 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Class A and C [Member] | Forecast [Member]
SUBSEQUENT EVENT (Details) [Line Items]
Monthly Dividend Declared	$ 0.0075	$ 0.0075

IMMATERIAL REVISIONS TO AUDIT_2

IMMATERIAL REVISIONS TO AUDITED CONSOLIDATED FINANCIAL STATEMENTS (Details) - Revision of Prior Period, Reclassification, Adjustment [Member] $ in Millions	12 Months Ended
	Jun. 30, 2020USD ($)
IMMATERIAL REVISIONS TO AUDITED CONSOLIDATED FINANCIAL STATEMENTS (Details) [Line Items]
Debt and Equity Securities, Unrealized Gain (Loss)	$ 2.3
Proceeds from Sale of Equity Securities, FV-NI	$ 1.7