U.S. Global Investors (GROW) 10-K 16 Nov 23 2023 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Jun. 30, 2023	Nov. 08, 2023	Dec. 31, 2022
Document Information [Line Items]
Entity Central Index Key	0000754811
Entity Registrant Name	U S GLOBAL INVESTORS INC
Amendment Flag	false
Current Fiscal Year End Date	--06-30
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2023
Document Type	10-K
Document Annual Report	true
Document Period End Date	Jun. 30, 2023
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
Trading Symbol	GROW
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Document Financial Statement Error Correction [Flag]	true
Document Financial Statement Restatement Recovery Analysis [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 35,084,380
Auditor Name	GRANT THORNTON LLP
Auditor Location	Dallas, Texas
Auditor Firm ID	248
Common Class C [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		2,068,549
Common Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		12,240,786

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022
Current Assets
Cash and cash equivalents	$ 25,401	$ 22,314
Restricted cash	1,000	1,000
Investments in equity securities at fair value, current	11,642	12,138
Accounts and other receivables	1,245	1,796
Tax receivable	576	384
Prepaid expenses	510	400
Total Current Assets	40,374	38,032
Net Property and Equipment	1,138	1,370
Other Assets
Deferred tax asset	1,920	872
Investments in equity securities at fair value, non-current	1,563	2,162
Investments in available-for-sale debt securities at fair value	7,008	10,625
Investments in held-to-maturity debt securities	1,000	1,000
Other investments	2,388	3,992
Financing lease, right of use assets	65	93
Other assets, non-current	217	216
Total Other Assets	14,161	18,960
Total Assets	55,673	58,362
Current Liabilities
Accounts payable	143	73
Accrued compensation and related costs	1,165	1,864
Dividends payable	329	337
Financing lease liability, short-term	28	27
Other accrued expenses	1,274	1,831
Total Current Liabilities	2,939	4,132
Long-Term Liabilities
Deferred tax liability	4	0
Reserve for uncertain tax positions	496	379
Financing lease liability, long-term	38	66
Total Long-Term Liabilities	538	445
Total Liabilities	3,477	4,577
Commitments and Contingencies (Note 18)
Shareholders’ Equity
Additional paid-in-capital	16,442	16,438
Accumulated other comprehensive income, net of tax	1,348	3,624
Retained earnings	37,747	35,923
Total Shareholders’ Equity	52,196	53,785
Total Liabilities and Shareholders’ Equity	55,673	58,362
Common Class A [Member]
Shareholders’ Equity
Common Stock	347	347
Treasury stock, class A shares at cost; 1,370,325 shares and 978,049 shares at June 30, 2023, and 2022, respectively	(3,740)	(2,599)
Common Class B [Member]
Shareholders’ Equity
Common Stock	0	0
Common Class C [Member]
Shareholders’ Equity
Common Stock	$ 52	$ 52

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares	Jun. 30, 2023	Jun. 30, 2022
Common Class A [Member]
Common Stock, Par value (in dollars per share)	$ 0.025	$ 0.025
Common Stock, Shares Authorized (in shares)	28,000,000	28,000,000
Common Stock, Shares, Issued (in shares)	13,866,999	13,866,999
Common Stock, Shares, Outstanding (in shares)	12,888,950	12,888,950
Treasury shares (in shares)	1,370,325	978,049
Common Class B [Member]
Common Stock, Par value (in dollars per share)	$ 0.025	$ 0.025
Common Stock, Shares Authorized (in shares)	4,500,000	4,500,000
Common Stock, Shares, Issued (in shares)	0	0
Common Class C [Member]
Common Stock, Par value (in dollars per share)	$ 0.025	$ 0.025
Common Stock, Shares Authorized (in shares)	3,500,000	3,500,000
Common Stock, Shares, Issued (in shares)	2,068,549	2,068,549
Common Stock, Shares, Outstanding (in shares)	2,068,549	2,068,549

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Operating Revenues
Revenues	$ 15,074,000	$ 24,714,000
Operating Expenses
Employee compensation and benefits	4,798,000	6,059,000
General and administrative	6,122,000	6,911,000
Advertising	382,000	405,000
Depreciation	243,000	226,000
Interest	4,000	0
Operating Expenses	11,549,000	13,601,000
Operating Income	3,525,000	11,113,000
Other Income (Loss)
Net investment income (loss)	316,000	(6,174,000)
Loss from equity method investments	0	(206,000)
Other income	242,000	235,000
Nonoperating Income (Expense)	558,000	(6,145,000)
Income Before Income Taxes	4,083,000	4,968,000
Provision for Income Taxes
Tax expense	934,000	1,528,000
Net Income	$ 3,149,000	$ 3,440,000
Earnings Per Share
Basic Net Income per Share (in dollars per share)	$ 0.22	$ 0.23
Diluted Net Income per Share (in dollars per share)	$ 0.22	$ 0.23
Basic weighted average number of common shares outstanding (in shares)	14,638,833	15,010,138
Diluted weighted average number of common shares outstanding (in shares)	14,639,069	15,011,128
Investment Advisory Services [Member]
Operating Revenues
Revenues	$ 14,940,000	$ 24,525,000
Administrative Service [Member]
Operating Revenues
Revenues	$ 134,000	$ 189,000

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Net income	$ 3,149,000	$ 3,440,000
Other Comprehensive Loss:
Unrealized losses on available-for-sale securities arising during period, net of tax	(961,000)	(1,209,000)
Less: reclassification adjustment for gains included in net income, net of tax	(1,315,000)	(1,731,000)
Net change from available-for-sale securities	(2,276,000)	(2,940,000)
Foreign currency translation adjustment	0	(13,000)
Less: reclassification adjustment for foreign currency gains included in net income	0	(10,000)
Net change from foreign currency translations	0	(23,000)
Other Comprehensive Loss	(2,276,000)	(2,963,000)
Comprehensive Income	$ 873,000	$ 477,000

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Common Stock [Member] Common Class A [Member]	Common Stock [Member] Common Class C [Member]	Additional Paid-in Capital [Member]	Treasury Stock, Common [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Common Class A [Member]	Common Class C [Member]	Total
Balance (in shares) at Jun. 30, 2021	13,866,913	2,068,635		898,953
Balance at Jun. 30, 2021	$ 347	$ 52	$ 15,677	$ (2,172)	$ 6,587	$ 33,833			$ 54,324
Repurchases of shares of Common Stock (class A) (in shares)	0	0		89,287			89,287
Repurchases of shares of Common Stock (class A)	$ 0	$ 0	0	$ (452)	0	0			(452)
Issuance of stock under ESPP of shares of Common Stock (class A) (in shares)	0	0		(10,191)
Issuance of stock under ESPP of shares of Common Stock (class A)	$ 0	$ 0	28	$ 25	0	0			53
Conversion of shares of class C common stock for class A common stock (in shares)	86	(86)		0
Share-based compensation, net of tax	$ 0	$ 0	733	$ 0	0	0			733
Dividends declared	0	0	0	0	0	(1,350)			(1,350)
Other comprehensive loss, net of tax	0	0	0	0	(2,963)	0			(2,963)
Net income	$ 0	$ 0	0	$ 0	0	3,440			3,440
Balance (in shares) at Jun. 30, 2022	13,866,999	2,068,549		978,049			13,866,999	2,068,549
Balance at Jun. 30, 2022	$ 347	$ 52	16,438	$ (2,599)	3,624	35,923			53,785
Repurchases of shares of Common Stock (class A) (in shares)	0	0		412,257			412,257
Repurchases of shares of Common Stock (class A)	$ 0	$ 0	0	$ (1,195)	0	0			(1,195)
Issuance of stock under ESPP of shares of Common Stock (class A) (in shares)	0	0		(19,981)
Issuance of stock under ESPP of shares of Common Stock (class A)	$ 0	$ 0	5	$ 54	0	0			59
Dividends declared	0	0	0	0	0	(1,325)			(1,325)
Other comprehensive loss, net of tax	0	0	0	0	(2,276)	0			(2,276)
Net income	0	0	0	0	0	3,149			3,149
Share-based compensation, adjustment for forfeitures, net of tax	$ 0	$ 0	(1)	$ 0	0	0			(1)
Balance (in shares) at Jun. 30, 2023	13,866,999	2,068,549		1,370,325			13,866,999	2,068,549
Balance at Jun. 30, 2023	$ 347	$ 52	$ 16,442	$ (3,740)	$ 1,348	$ 37,747			$ 52,196

Consolidated Statements of Cash

Consolidated Statements of Cash Flows $ in Thousands	12 Months Ended
	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)
Cash Flows from Operating Activities:
Net income	$ 3,149	$ 3,440
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, amortization and accretion	(246)	(419)
Net realized loss on disposal of fixed assets	3	0
Net realized gains on securities	(1,211)	(4,039)
Unrealized losses on securities	2,452	11,914
Investment basis adjustment	(5)	5
Net loss from equity method investment	0	206
Foreign currency transaction gain	0	(10)
Provision for deferred taxes	(440)	(2,891)
Share-based compensation expense	0	733
Changes in operating assets and liabilities:
Accounts and other receivables	359	2,501
Prepaid expenses and other assets	(82)	(217)
Accounts payable and accrued expenses	(1,069)	(688)
Total adjustments	(239)	7,095
Net cash provided by operating activities	2,910	10,535
Cash Flows from Investing Activities:
Purchase of property and equipment	(14)	(220)
Purchase of equity securities at fair value, current	0	(6,000)
Purchase of equity securities at fair value, non-current	0	(123)
Purchase of other investments	(663)	(620)
Proceeds from sale of equity method investment	0	85
Proceeds on sale of equity securities at fair value, current	350	0
Proceeds on sale of equity securities at fair value, non-current	0	2,850
Proceeds from principal paydowns of available-for-sale debt securities at fair value	3,000	3,000
Return of capital on other investments	0	9
Net cash provided by (used in) investing activities	2,673	(1,019)
Cash Flows from Financing Activities:
Principal payments on financing lease	(27)	0
Issuance of common stock	59	53
Repurchases of common stock	(1,195)	(452)
Dividends paid	(1,333)	(1,239)
Net cash used in financing activities	(2,496)	(1,638)
Net increase in cash, cash equivalents, and restricted cash	3,087	7,878
Beginning cash, cash equivalents, and restricted cash	23,314	15,436
Ending cash, cash equivalents, and restricted cash	26,401	23,314
Supplemental Disclosures of Non-Cash Investing and Financing Activities
Dividends declared but not paid	329	337
Fair value of assets acquired	0	228
Supplemental Disclosures of Cash Flow Information
Cash paid for income taxes	1,492	4,142
Cash paid for interest	$ 4	$ 0

Note 1 - Revision of Previously

Note 1 - Revision of Previously Issued Consolidated Financial Statements	12 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Error Correction [Text Block]	NOTE 1. In connection with the preparation of its Consolidated Financial Statements for the fiscal year ended June 30, 2023, June 30, 2022, 99 99” 108 108” not June 30, 2022, The Company did not No. 48 740 10 48” 2022 2021. 2021 2022 June 30, 2022. June 30, 2022. CONSOLIDATED BALANCE SHEET June 30, 2022 As Previously Immaterial As (dollars in thousands) Reported Revisions Revised Long-Term Liabilities Reserve for uncertain tax positions $ - $ 379 $ 379 Total Long-Term Liabilities $ 66 $ 379 $ 445 Total Liabilities $ 4,198 $ 379 $ 4,577 Shareholders’ Equity Retained earnings $ 36,302 $ (379 ) $ 35,923 Total Shareholders’ Equity $ 54,164 $ (379 ) $ 53,785 CONSOLIDATED STATEMENT OF OPERATIONS Year Ended June 30, 2022 As Previously Immaterial As (dollars in thousands, except per share data) Reported Revisions Revised Provision for Income Taxes Tax expense $ 1,149 $ 379 $ 1,528 Net Income $ 3,819 $ (379 ) $ 3,440 Earnings Per Share Basic Net Income per Share $ 0.25 $ (0.02 ) $ 0.23 Diluted Net Income per Share $ 0.25 $ (0.02 ) $ 0.23 In addition to the changes listed above, the Consolidated Statements of Comprehensive Income, Consolidated Statements of Shareholders' Equity, Consolidated Statements of Cash Flows, and impacted footnote disclosures have also been revised to reflect the error correction.

Note 2 - Organization

Note 2 - Organization	12 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	NOTE 2. 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 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.

Note 3 - Significant Accounting

Note 3 - Significant Accounting Policies	12 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Significant Accounting Policies [Text Block]	NOTE 3. Principles of Consolidation. There are two not The Company holds variable interests in, but is not may 5 not not not not not June 30, 2023, 2022 The carrying amount of assets and liabilities recognized in the Consolidated Balance Sheets related to the Company's interests in these non-consolidated VIEs were as follows: Carrying Value and Maximum Exposure to Loss (dollars in thousands) June 30, 2023 June 30, 2022 Investments in equity securities at fair value, current $ 11,642 $ 12,138 Investments in equity securities at fair value, non-current 785 623 Other receivables 45 21 Total VIE assets, maximum exposure to loss 12,472 12,782 Other accrued expenses - 110 Total carrying amount $ 12,472 $ 12,672 Since the Company is not 50 not not During the year ended June 30, 2022, not not 50 not not June 30, 2022, 4 All significant intercompany balances and transactions have been eliminated in consolidation. Certain amounts have been reclassified for comparative purposes. Restatement of Previously Issued Financial Statements. June 30, 2022, Cash and Cash Equivalents. three Restricted Cash. not Investments. first Investments in Equity Securities . Investments in Debt Securities. Embedded derivatives. not not not one 4 Other Investments. not Equity Method Investments. not may not Fair Value of Financial Instruments. Receivables. may June 30, 2023 2022 Property and Equipment. Leases. may 12 not not, 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. 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 Impairment of Long-Lived Assets. may not Treasury Stock. Share-Based Compensation. Income Taxes. not not 740, Income Taxes The Company also maintains a reserve for uncertain tax positions. The Company evaluates tax positions taken or expected to be taken in a tax return for recognition in the Consolidated Financial Statements. Prior to recording the related tax benefit in the Consolidated Financial Statements, the Company must conclude that tax positions will be more-likely-than- not not no not not 13 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 . not not two 30 Performance Fees. 12 no 30 Administrative Services Fees . not not 30 Fee Waivers . 30 Dividends and Interest. Advertising Costs. Foreign Exchange. Use of Estimates. COVID- 19 may Earnings Per Share. 260, Earnings Per Share two Accumulated Other Comprehensive Income (Loss). Recent Accounting Pronouncements and Developments In June 2016, 2016 13, 326 Measurement of Credit Losses on Financial Instruments 2016 13” 2016 13 July 1, 2023. not In December 2019, 2019 12, Simplifying the Accounting for Income Taxes 2019 12” 2019 12 2019 12 December 15, 2020, July 1, 2021. not In June 2022, 2022 03, 820 Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions 2022 03” 2022 03 1 820, 2 3 820. 2022 03 December 15, 2023. not not

Note 4 - Investments

Note 4 - Investments	12 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Investments and Other Noncurrent Assets [Text Block]	NOTE 4. As of June 30, 2023 June 30, 2023 The cost basis of investments is adjusted for amortization of premium or accretion of discount on debt securities held or the recharacterization of distributions from investments in partnerships, if applicable. Concentrations of Credit Risk A significant portion of the Company’s investments carried at fair value on a recurring basis is investments in USGIF, which were $12.4 million and $12.8 million as of June 30, 2023, 2022 June 30, 2023, 2022 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 Level 1 Level 2 1 may Level 3 may 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 may 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 one For common share purchase warrants not may may Certain convertible debt securities not third may 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 may not The following summarizes the major categories of investments with fair values adjusted on a recurring basis as of June 30, 2023, 2022 June 30, 2023 Significant Significant Other Unobservable Quoted Prices Inputs 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 $ 488 $ - $ 290 $ 778 Mutual funds - Fixed income 11,642 - - 11,642 Mutual funds - Global equity 785 - - 785 Total investments in equity securities: $ 12,915 $ - $ 290 $ 13,205 Investments in debt securities: Available-for-sale - Convertible debentures - - 7,008 7,008 Total investments carried at fair value on a recurring basis: $ 12,915 $ - $ 7,298 $ 20,213 Investments carried at fair value on a nonrecurring basis: Other investments 1 $ - $ - $ 1,786 $ 1,786 June 30, 2022 Significant Significant Other Unobservable Quoted Prices Inputs 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 $ 1,024 $ - $ 515 $ 1,539 Mutual funds - Fixed income 12,138 - - 12,138 Mutual funds - Global equity 623 - - 623 Total investments in equity securities: $ 13,785 $ - $ 515 $ 14,300 Investments in debt securities: Available-for-sale - Convertible debentures - - 10,625 10,625 Total investments carried at fair value on a recurring basis: $ 13,785 $ - $ 11,140 $ 24,925 Investments carried at fair value on a nonrecurring basis: Other investments 1 $ - $ - $ 781 $ 781 1. June 30, 2023, 2022 3 The securities classified as Level 3 June 30, 2023, 2022 third The following table is a reconciliation of investments recorded at fair value for which unobservable inputs (Level 3 June 30, 2023 Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis Year Ended June 30, 2023 Investments in Investments in (dollars in thousands) equity securities debt securities Beginning Balance $ 515 $ 10,625 Principal repayments - (3,000 ) Amortization of day one premium - (251 ) Accretion of bifurcation discount - 740 Total unrealized gains (losses) included in: Net Investment Income (Loss) (225 ) 1,775 Other Comprehensive Loss - (2,881 ) Ending Balance $ 290 $ 7,008 In January 2021, January 2026, January 2024, one June 30, 2023 January 2024, one not June 30, 2023 June 30, 2023 August 31, 2018, January 2023, The Company recorded the warrants at the estimated fair value of $5.9 million on the 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 net investment income (loss) ratably using the effective interest method until maturity, conversion, or other disposition. The fair value of the warrants and debentures was $290,000 and $7.0 million, respectively, at June 30, 2023 June 30, 2022 The Company currently considers the related fair value measurements to contain Level 3 June 30, 2023 3 June 30, 2023 (dollars in thousands) Fair Value Principal Valuation Techniques Unobservable Inputs Investments in equity securities: Common share purchase warrants $ 290 Option pricing model Volatility 100.0 % Risk-Free Rate 5.0 % Investments in debt securities: Available-for-sale - Convertible debentures $ 7,008 Binomial lattice model Volatility 100.0 % Credit Spread 11.5 % Risk-Free Rate 4.2 % 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 the current period earnings. The following details the components of the Company’s equity investments carried at fair value as of June 30, 2023 2022 June 30, 2023 (dollars in thousands) Cost Unrealized Gains (Losses) Fair Value Equity securities at fair value Equities - International $ 6,679 $ (5,901 ) $ 778 Equities - Domestic 45 (45 ) - Mutual funds - Fixed income 11,947 (305 ) 11,642 Mutual funds - Global equity 930 (145 ) 785 Total equity securities at fair value $ 19,601 $ (6,396 ) $ 13,205 June 30, 2022 (dollars in thousands) Cost Unrealized Gains (Losses) Fair Value Equity securities at fair value Equities - International $ 6,680 $ (5,141 ) $ 1,539 Equities - Domestic 45 (45 ) - Mutual funds - Fixed income 12,313 (175 ) 12,138 Mutual funds - Global equity 929 (306 ) 623 Total equity securities at fair value $ 19,967 $ (5,667 ) $ 14,300 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 debt 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 in earnings, and the portion of unrealized loss the Company believes is not The following details the components of the Company’s available-for-sale debt investments at June 30, 2023, 2022 June 30, 2023 (dollars in thousands) Amortized Cost Gross Unrealized Gains in Other Comprehensive Income (Loss) Gross Unrealized Losses in Net Investment Income (Loss) Fair Value Available-for-sale - Convertible debentures 1 $ 7,729 $ 1,707 $ (2,428 ) $ 7,008 June 30, 2022 (dollars in thousands) Amortized Cost Gross Unrealized Gains in Other Comprehensive Income (Loss) Gross Unrealized Losses in Net Investment Income (Loss) Fair Value Available-for-sale - Convertible debentures 1 $ 8,576 $ 4,588 $ (2,539 ) $ 10,625 1. The following details the components of the Company’s held-to-maturity debt investments at June 30, 2023, 2022 June 30, 2023 (dollars in thousands) Amortized Cost Gross Unrecognized Holding Gains Gross Unrecognized Holding Losses Fair Value Held-to-maturity - Debentures 1 $ 1,000 $ - $ (232 ) $ 768 June 30, 2022 (dollars in thousands) Amortized Cost Gross Unrecognized Holding Gains Gross Unrecognized Holding Losses Fair Value Held-to-maturity - Debentures 1 $ 1,000 $ - $ (133 ) $ 867 1. 2 At June 30, 2023, 2022 one June 30, 2023 12 June 30, 2023 not The following summarizes the net carrying amount and estimated fair value of debt securities at June 30, 2023 may June 30, 2023 Available-for-sale Held-to-maturity debt securities debt securities Convertible Due after one year (dollars in thousands) debentures 1 through five years Amortized Cost $ 7,729 $ 1,000 Fair Value $ 7,008 $ 768 1. 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 net 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 one June 30, 2023, 2022 The following table summarizes the fair values of embedded derivatives on the Consolidated Balance Sheets, categorized by risk exposure, at June 30, 2023, 2022 June 30, 2023 June 30, 2022 Other Assets Other Assets (dollars in thousands) Investments in available-for-sale debt securities Investments in available-for-sale debt securities Embedded Derivatives: Equity price risk exposure $ 114 $ 3 The following table presents the effect of embedded derivatives on the Consolidated Statements of Operations, categorized by risk exposure, for the years ended June 30, 2023, 2022 Year Ended June 30, 2023 2022 Other Income (Loss) Other Income (Loss) (dollars in thousands) Net Investment Income (Loss) Net Investment Income (Loss) Embedded Derivatives: Equity price risk exposure $ 111 $ (2,539 ) Other Investments Other investments consist of equity investments in entities over which the Company is unable to exercise significant influence and which do not The following table presents the carrying value of equity securities without readily determinable fair values held as of June 30, 2023, 2022 Year Ended June 30, (dollars in thousands) 2023 2022 Other Investments Carrying value $ 2,388 $ 3,992 Upward carrying value changes $ 14 $ 187 Downward carrying value changes/impairments $ (2,280 ) $ (13 ) The period-end carrying values reflect cumulative purchases and sales in addition to upward and downward carrying value changes. The cumulative amount of upward adjustments to all equity securities without readily determinable fair values total $2.5 million since their respective acquisitions through June 30, 2023 June 30, 2023 The Company has an investment in The Sonar Company (“Sonar”), a company headquartered in the United States, at a cost of $175,000. The investment had a carrying value of approximately $362,000 at June 30, 2023, 2022 June 30, 2022, July 2021, June 30, 2023 Investments Classified as Equity Method The Company had an equity method investment in Galileo New Economy Fund LP (previously known as Galileo Technology and Blockchain LP), a Canadian limited partnership, through its dissolution date, which occurred during the third 2022. June 30, 2022, Net Investment Income (Loss) The following summarizes net investment income (loss) reflected in earnings for the periods presented. Year Ended June 30, (dollars in thousands) 2023 2022 Net Investment Income (Loss) Realized gains (losses) on equity securities $ (453 ) $ 1,848 Realized gains on debt securities 1,664 2,191 Unrealized losses on equity securities (2,563 ) (9,375 ) Unrealized gains (losses) on embedded derivatives 111 (2,539 ) Unrealized losses on cash equivalents (5 ) - Dividend and interest income 1,798 1,949 Foreign currency losses, net (236 ) (248 ) Total Net Investment Income (Loss) $ 316 $ (6,174 ) During the years ended June 30, 2023 2022 June 30, 2022, The following table presents unrealized gains and losses recognized during the years ended June 30, 2023 2022 Year Ended June 30, (dollars in thousands) 2023 2022 Net gains and losses recognized during the period on equity securities $ (3,016 ) $ (7,527 ) Less: Net gains and losses recognized during the period on equity securities sold during the period (13 ) 178 Unrealized gains and losses recognized during the reporting period on equity securities still held at the reporting date 1 $ (3,003 ) $ (7,705 ) 1. June 30, 2023 June 30, 2022 Net investment income (loss) can be volatile and varies depending on market fluctuations.

Note 5 - Investment Management

Note 5 - Investment Management and Other Fees	12 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Investment Management and Other Fees [Text Block]	NOTE 5. The following table presents operating revenues disaggregated by performance obligation: Year Ended June 30, (dollars in thousands) 2023 2022 ETF advisory fees $ 13,174 $ 20,962 USGIF advisory fees 2,256 3,543 USGIF performance fees earned (paid) (490 ) 20 Total Advisory Fees 14,940 24,525 USGIF administrative services fees 134 189 Total Operating Revenue $ 15,074 $ 24,714 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 The Company has agreed to contractually limit the expenses of the Near-Term Tax Free Fund and the Global Luxury Goods Fund through April 2024 June 30, 2023 2022 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 three April 2024 June 30, 2023, 2022 one As of June 30, 2023 June 30, 2022

Note 6 - Restricted and Unrestr

Note 6 - Restricted and Unrestricted Cash	12 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Cash and Cash Equivalents Disclosure [Text Block]	NOTE 6. The Company maintains its cash deposits with established commercial banks. At times, balances may not not not A reconciliation of cash, cash equivalents, and restricted cash reported from the Consolidated Balance Sheets to the Statements of Cash Flows is shown below: June 30, (dollars in thousands) 2023 2022 Cash and cash equivalents $ 25,401 $ 22,314 Restricted cash 1,000 1,000 Total cash, cash equivalents, and restricted cash $ 26,401 $ 23,314

Note 7 - Property and Equipment

Note 7 - Property and Equipment	12 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	NOTE 7. Property and equipment are composed of the following: June 30, (dollars in thousands) 2023 2022 Building and land $ 4,616 $ 4,606 Furniture, equipment, and other 981 987 5,597 5,593 Accumulated depreciation (4,459 ) (4,223 ) Net property and equipment $ 1,138 $ 1,370 Depreciation expense totaled $243,000 and $226,000 in fiscal years 2023 2022

Note 8 - Leases

Note 8 - Leases	12 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Operating Leases [Text Block]	NOTE 8. The Company has lease agreements for office equipment that expire in the fiscal year 2026. June 30, 2023 2022 The following table presents the components of lease cost. Year Ended June 30, (dollars in thousands) 2023 2022 Finance lease cost: Amortization of right-of-use assets $ 29 $ - Interest on lease liabilities 4 - Total finance lease cost 33 - Operating lease cost - 44 Short-term lease cost 90 124 Total lease cost $ 123 $ 168 Supplemental information related to the Company's leases follows. Year Ended June 30, (dollars in thousands) 2023 2022 Operating cash flows from operating leases included in lease liabilities $ - $ 44 Lease liabilities obtained from new ROU assets - operating $ - $ - Operating cash flows from financing leases included in lease liabilities $ 4 $ - Financing cash flows from financing leases included in lease liabilities $ 27 $ - Lease liabilities obtained from new ROU assets - financing $ - $ 93 Additional qualitative information concerning the Company's leases follows. June 30, 2023 2022 Weighted-average remaining lease term - operating leases (years) - - Weighted-average discount rate - operating leases - - Weighted-average remaining lease term - financing leases (years) 2.25 3.25 Weighted-average discount rate - financing leases 4.75 % 4.75 % The following table presents the maturities of lease liabilities as of June 30, 2023 (dollars in thousands) Fiscal Year Finance Leases 2024 $ 31 2025 31 2026 8 2027 - 2028 - Total lease payments 70 Less imputed interest (4 ) Total $ 66 The Company is the lessor of certain areas of its owned office building under operating leases expiring in various years through fiscal year 2025. no 2023 2022 June 30, 2023, 2022 A summary analysis of annual undiscounted cash flows to be received on leases as of June 30, 2023 (dollars in thousands) Fiscal Year Operating Leases 2024 $ 42 2025 36 Total lease payments $ 78 The Company may one hundred eighty six

Note 9 - Other Accrued Expenses

Note 9 - Other Accrued Expenses	12 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	NOTE 9. Other accrued expenses consist of the following: June 30, (dollars in thousands) 2023 2022 Professional fees $ 697 $ 889 Vendors payable 157 460 ETF operating and distribution expenses 344 385 Other taxes payable 76 97 Other accrued expenses $ 1,274 $ 1,831

Note 10 - Debt

Note 10 - Debt	12 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Debt Disclosure [Text Block]	NOTE 10. The Company has access to a $1.0 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, 2023 2022 May 31, 2024, June 30, 2023 June 30, 2023

Note 11 - Benefit Plans

Note 11 - Benefit Plans	12 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Compensation and Employee Benefit Plans [Text Block]	NOTE 11. The Company offers a savings and investment plan qualified under Section 401 401 first 401 2023 2022 The 401 2023 2022 The Company offers employees, including its executive officers, an opportunity to participate in savings programs using mutual funds managed by the Company. Employees may 2023 2022 The Company has an Employee Stock Purchase Plan whereby eligible employees can purchase treasury shares at market price. During fiscal years 2023 2022 2023 2022

Note 12 - Shareholders' Equity

Note 12 - Shareholders' Equity	12 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Shareholders' Equity and Share-Based Payments [Text Block]	NOTE 12. EQUITY The Company has three no June 30, 2023 2022 The shareholders of class C common stock have voting rights, and the shareholders of class A and class B common stock have no 2023 2022 one one no Dividends Dividends totaling $1.1 million were paid to holders of class A common stock in fiscal years 2023 2022 2023 2022 July 2021 September 2021, October 2021 June 2023 As of June 30, 2023 September 2023 Share Repurchase Plan The Company has a share repurchase program, approved by the Board of Directors, authorizing the Company to annually purchase up to $5.0 million of its outstanding common shares, as market and business conditions warrant, on the open market in compliance with Rule 10b 18 10b5 1 1934. December 2012, February 25, 2022, may June 30, 2023 During fiscal years 2023 2022 In August 2022, 1% not Other Activity 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 2023 2022 Stock Option Plans In November 1989, 1989 “1989 December 1991, 1989 six fifth 1989 ten June 30, 2021, June 30, 2022, June 30, 2022, June 30, 2023, 2022, There were 2,000 options forfeited during the year ended June 30, 2023 June 30, 2022 1989 June 30, 2023, 2022 The assumptions utilized to estimate the fair value of options outstanding under the 1989 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 the historical volatility of the Company’s common stock. The Company did not 1989 2021. Stock option transactions under the 1989 two Weighted Average Weighted Average Remaining Aggregate Intrinsic Exercise Contractual Value (dollars in thousands, except price data) Options Price Life in Years (net of tax) Outstanding June 30, 2021 231,000 6.05 Granted - n/a Exercised - n/a Forfeited - n/a Outstanding June 30, 2022 231,000 $ 6.05 Granted - n/a Exercised - n/a Forfeited (2,000 ) 6.05 Outstanding June 30, 2023 229,000 $ 6.05 7.98 $ - In April 1997, 1997 “1997 1997 ten June 30, 2023 2022 1997 June 30, 2023 2022 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 two Weighted Average Weighted Average Remaining Aggregate Intrinsic Exercise Contractual Value (dollars in thousands, except price data) Options Price Life in Years (net of tax) Outstanding June 30, 2021 2,000 $ 2.74 Granted - n/a Exercised - n/a Forfeited - n/a Outstanding June 30, 2022 2,000 $ 2.74 Granted - n/a Exercised - n/a Forfeited - n/a Outstanding June 30, 2023 2,000 $ 2.74 4.72 $ 1.00

Note 13 - Income Taxes

Note 13 - Income Taxes	12 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Income Tax Disclosure [Text Block]	NOTE 13. The Company and its non-Canadian subsidiaries file a consolidated U.S. federal income tax return. USCAN files a separate tax return in Canada. The Company's components of income (loss) before tax by jurisdiction are as follows: Year ended June 30, (dollars in thousands) 2023 2022 United States $ 4,114 $ 5,493 Canada (31 ) (525 ) Total $ 4,083 $ 4,968 The reconciliation of income tax computed at U.S. federal statutory rates to income tax expense is as follows: Year ended June 30, % of % of (dollars in thousands) 2023 Pretax 2022 Pretax Tax expense at statutory rate $ 857 21.0 % $ 1,042 21.0 % State and local income taxes, net of federal tax benefit 131 3.2 % 406 8.2 % Tax expense (benefit) from change in foreign unrealized gain/loss 6 0.1 % (281 ) (5.7 )% Non-taxable investment income (loss) (33 ) (0.8 )% 294 5.9 % Income from controlled foreign corporation 7 0.2 % 307 6.2 % Rate difference on foreign deferred income (loss) 18 0.4 % (262 ) (5.3 )% Foreign tax credit - 0.0 % (153 ) (3.1 )% Other (52 ) (1.2 )% 175 3.6 % Total tax expense $ 934 22.9 % $ 1,528 30.8 % Components of total tax expense (benefit) are as follows: Year ended June 30, (dollars in thousands) 2023 2022 Current tax expense - U.S. $ 1,245 $ 3,859 Current tax expense - State U.S. 131 406 Current tax expense (benefit) - Non-U.S. (2 ) 154 Deferred tax benefit - U.S. (442 ) (2,657 ) Deferred tax expense (benefit) - Non-U.S. 2 (234 ) Total tax expense $ 934 $ 1,528 Components of the Company’s deferred assets and liabilities are as follows: June 30, (dollars in thousands) 2023 2022 Deferred Income Tax Assets: Accumulated depreciation $ 117 $ 102 Investments in securities at fair value 1,604 837 Accrued expenses 218 407 Product start-up costs 99 99 Share-based compensation expense 162 164 Other 40 16 Net operating loss carryover 24 - Subtotal Deferred Tax Assets 2,264 1,625 Valuation Allowance (24 ) - Total Deferred Tax Assets 2,240 1,625 Deferred Income Tax Liabilities: Investments in securities at fair value $ (4 ) $ - Prepaid expenses (77 ) (64 ) Other investments - (430 ) Foreign tax on undistributed earnings (243 ) (259 ) Total Deferred Tax Liabilities (324 ) (753 ) Net Deferred Tax Asset $ 1,916 $ 872 Carryovers For U.S. federal income tax purposes at June 30, 2023 2043 Additional Disclosures A valuation allowance is provided when it is more likely than not not June 30, 2023 June 30, 2022 Uncertain income tax positions The Company is subject to U.S. federal income tax, state tax jurisdictions within the U.S., and taxes in Canada. The Company maintains a reserve for uncertain tax positions. As of June 30, 2023, June 30, 2022 $496,000 $379,000 The reserve as of June 30, 2023 June 30, 2023 2023 June 30, 2023 The Company's activity was as follows: Year ended June 30, (dollars in thousands) 2023 2022 Beginning Balance $ 379 $ - Increases related to current year tax positions 117 379 Ending Balance $ 496 $ 379 The Company continues to follow its policy of recognizing interest and penalties accrued on tax positions as a component of income taxes on the Consolidated Statements of Operations. The amount of accrued interest and penalties associated with the Company’s tax positions was $166,000 and $86,000 as of June 30, 2023, June 30, 2022 2019 2022 2016 2022

Note 14 - Earnings Per Share

Note 14 - Earnings Per Share	12 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Earnings Per Share [Text Block]	NOTE 14. The following table sets forth the computation for basic and diluted earnings per share (EPS): Year Ended June 30, 2023 2022 (dollars in thousands, except per share data) Net Income $ 3,149 $ 3,440 Weighted average number of outstanding shares Basic 14,638,833 15,010,138 Effect of dilutive securities: Stock options 236 990 Diluted 14,639,069 15,011,128 Earnings Per Share Basic Net Income per Share $ 0.22 $ 0.23 Diluted Net Income per Share $ 0.22 $ 0.23 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, 2023 2022 231,000 During fiscal years 2023 2022

Note 15 - Accumulated Other Com

Note 15 - Accumulated Other Comprehensive Income (Loss)	12 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	NOTE 15. 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 1 Total Balance at June 30, 2021 $ 6,564 $ 23 $ 6,587 Other comprehensive loss before reclassifications (1,529 ) (13 ) (1,542 ) Tax effect 320 - 320 Amount reclassified from AOCI (2,191 ) (10 ) (2,201 ) Tax effect 460 - 460 Net other comprehensive loss for 2022 (2,940 ) (23 ) (2,963 ) Balance at June 30, 2022 3,624 - 3,624 Other comprehensive loss before reclassifications (1,217 ) - (1,217 ) Tax effect 256 - 256 Amount reclassified from AOCI (1,664 ) - (1,664 ) Tax effect 349 - 349 Net other comprehensive loss for 2023 (2,276 ) - (2,276 ) Balance at June 30, 2023 $ 1,348 $ - $ 1,348 1. Amounts include no

Note 16 - Financial Information

Note 16 - Financial Information by Business Segment	12 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	NOTE 16. The Company manages the following business segments: 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 These segments are managed separately. The Company’s segment information is prepared on the same basis that management uses to review the financial information for operational and investment decision-making purposes. The Company's chief operating and investment decision maker, the Chief Executive Officer, evaluates the performance of the Company’s Corporate Investments segment separately from the Investment Management Services segment based on net investment income (loss), and the Corporate Investments segment does not The following schedule details total revenues and income by business segment: Investment Management Corporate (dollars in thousands) Services Investments Consolidated Year Ended June 30, 2023 Net operating revenues $ 15,074 $ - $ 15,074 Net investment income $ - $ 316 $ 316 Other income $ 242 $ - $ 242 Income before income taxes $ 3,868 $ 215 $ 4,083 Depreciation $ 243 $ - $ 243 Gross identifiable assets at June 30, 2023 $ 25,918 $ 27,835 $ 53,753 Deferred tax asset $ 1,920 Consolidated total assets at June 30, 2023 $ 55,673 Year Ended June 30, 2022 Net operating revenues $ 24,714 $ - $ 24,714 Net investment loss $ - $ (6,174 ) $ (6,174 ) Loss from equity method investments $ - $ (206 ) $ (206 ) Other income $ 235 $ - $ 235 Income (loss) before income taxes $ 11,622 $ (6,654 ) $ 4,968 Depreciation $ 226 $ - $ 226 Gross identifiable assets at June 30, 2022 $ 23,003 $ 34,487 $ 57,490 Deferred tax asset $ 872 Consolidated total assets at June 30, 2022 $ 58,362 Net operating revenues from investment management services include revenues from USGIF of $1.9 million and $3.8 million in fiscal years 2023 2022 2023 2022

Note 17 - Related Party Transac

Note 17 - Related Party Transactions	12 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	NOTE 17. On June 30, 2023 2022 June 30, 2023 June 30, 2022 2023 2022 2023 2022 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 June 30, 2023 2022 June 30, 2022, The Company has various investments in HIVE that were valued at approximately $7.3 million and $11.1 million and as of June 30, 2023 2022 4 January 2021, June 30, 2023 2022 $3.0 June 30, 2023 2022 June 30, 2023 2022 June 30, 2023 2022 2023 2022 June 30, 2023 2022 August 2018 January 2023, As discussed in Note 4 June 30, 2023, 2022 June 30, 2022 June 30, 2023, 2022 July 2021.

Note 18 - Contingencies and Com

Note 18 - Contingencies and Commitments	12 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE 18. The Company continuously reviews all investor, employee, and vendor complaints, tax claims, 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 may not June 30, 2023, 2022 The Board of Directors has authorized a monthly dividend of $0.0075 per share from July September 2023 July September 2023 The outbreak of the COVID- 19 may

Note 19 - Subsequent Event

Note 19 - Subsequent Event	12 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Subsequent Events [Text Block]	NOTE 19. In September 2023, October December 2023, Subsequent to June 30, 2023,

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Jun. 30, 2023
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Principles of Consolidation. There are two not The Company holds variable interests in, but is not may 5 not not not not not June 30, 2023, 2022 The carrying amount of assets and liabilities recognized in the Consolidated Balance Sheets related to the Company's interests in these non-consolidated VIEs were as follows: Carrying Value and Maximum Exposure to Loss (dollars in thousands) June 30, 2023 June 30, 2022 Investments in equity securities at fair value, current $ 11,642 $ 12,138 Investments in equity securities at fair value, non-current 785 623 Other receivables 45 21 Total VIE assets, maximum exposure to loss 12,472 12,782 Other accrued expenses - 110 Total carrying amount $ 12,472 $ 12,672 Since the Company is not 50 not not During the year ended June 30, 2022, not not 50 not not June 30, 2022, 4 All significant intercompany balances and transactions have been eliminated in consolidation. Certain amounts have been reclassified for comparative purposes.
Restatement Of Previously Issued Financial Statements [Policy Text Block]	Restatement of Previously Issued Financial Statements. June 30, 2022,
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents. three
Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block]	Restricted Cash. not
Investment, Policy [Policy Text Block]	Investments. first Investments in Equity Securities . Investments in Debt Securities. Embedded derivatives. not not not one 4 Other Investments. not
Equity Method Investments [Policy Text Block]	Equity Method Investments. not may not
Fair Value Measurement, Policy [Policy Text Block]	Fair Value of Financial Instruments.
Accounts Receivable [Policy Text Block]	Receivables. may June 30, 2023 2022
Property, Plant and Equipment, Policy [Policy Text Block]	Property and Equipment.
Lessee, Leases [Policy Text Block]	Leases. may 12 not not, 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. 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
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]	Impairment of Long-Lived Assets. may not
Stockholders' Equity, Policy [Policy Text Block]	Treasury Stock.
Share-Based Payment Arrangement [Policy Text Block]	Share-Based Compensation.
Income Tax, Policy [Policy Text Block]	Income Taxes. not not 740, Income Taxes The Company also maintains a reserve for uncertain tax positions. The Company evaluates tax positions taken or expected to be taken in a tax return for recognition in the Consolidated Financial Statements. Prior to recording the related tax benefit in the Consolidated Financial Statements, the Company must conclude that tax positions will be more-likely-than- not not no not not 13 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 . not not two 30 Performance Fees. 12 no 30 Administrative Services Fees . not not 30 Fee Waivers . 30
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. COVID- 19 may
Earnings Per Share, Policy [Policy Text Block]	Earnings Per Share. 260, Earnings Per Share two
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, 2016 13, 326 Measurement of Credit Losses on Financial Instruments 2016 13” 2016 13 July 1, 2023. not In December 2019, 2019 12, Simplifying the Accounting for Income Taxes 2019 12” 2019 12 2019 12 December 15, 2020, July 1, 2021. not In June 2022, 2022 03, 820 Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions 2022 03” 2022 03 1 820, 2 3 820. 2022 03 December 15, 2023. not not

Note 1 - Revision of Previous_2

Note 1 - Revision of Previously Issued Consolidated Financial Statements (Tables)	12 Months Ended
	Jun. 30, 2023
Notes Tables
Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]	June 30, 2022 As Previously Immaterial As (dollars in thousands) Reported Revisions Revised Long-Term Liabilities Reserve for uncertain tax positions $ - $ 379 $ 379 Total Long-Term Liabilities $ 66 $ 379 $ 445 Total Liabilities $ 4,198 $ 379 $ 4,577 Shareholders’ Equity Retained earnings $ 36,302 $ (379 ) $ 35,923 Total Shareholders’ Equity $ 54,164 $ (379 ) $ 53,785 Year Ended June 30, 2022 As Previously Immaterial As (dollars in thousands, except per share data) Reported Revisions Revised Provision for Income Taxes Tax expense $ 1,149 $ 379 $ 1,528 Net Income $ 3,819 $ (379 ) $ 3,440 Earnings Per Share Basic Net Income per Share $ 0.25 $ (0.02 ) $ 0.23 Diluted Net Income per Share $ 0.25 $ (0.02 ) $ 0.23

Note 3 - Significant Accounti_2

Note 3 - Significant Accounting Policies (Tables)	12 Months Ended
	Jun. 30, 2023
Notes Tables
Schedule of Variable Interest Entities [Table Text Block]	Carrying Value and Maximum Exposure to Loss (dollars in thousands) June 30, 2023 June 30, 2022 Investments in equity securities at fair value, current $ 11,642 $ 12,138 Investments in equity securities at fair value, non-current 785 623 Other receivables 45 21 Total VIE assets, maximum exposure to loss 12,472 12,782 Other accrued expenses - 110 Total carrying amount $ 12,472 $ 12,672

Note 4 - Investments (Tables)

Note 4 - Investments (Tables)	12 Months Ended
	Jun. 30, 2023
Notes Tables
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	June 30, 2023 Significant Significant Other Unobservable Quoted Prices Inputs 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 $ 488 $ - $ 290 $ 778 Mutual funds - Fixed income 11,642 - - 11,642 Mutual funds - Global equity 785 - - 785 Total investments in equity securities: $ 12,915 $ - $ 290 $ 13,205 Investments in debt securities: Available-for-sale - Convertible debentures - - 7,008 7,008 Total investments carried at fair value on a recurring basis: $ 12,915 $ - $ 7,298 $ 20,213 Investments carried at fair value on a nonrecurring basis: Other investments 1 $ - $ - $ 1,786 $ 1,786 June 30, 2022 Significant Significant Other Unobservable Quoted Prices Inputs 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 $ 1,024 $ - $ 515 $ 1,539 Mutual funds - Fixed income 12,138 - - 12,138 Mutual funds - Global equity 623 - - 623 Total investments in equity securities: $ 13,785 $ - $ 515 $ 14,300 Investments in debt securities: Available-for-sale - Convertible debentures - - 10,625 10,625 Total investments carried at fair value on a recurring basis: $ 13,785 $ - $ 11,140 $ 24,925 Investments carried at fair value on a nonrecurring basis: Other investments 1 $ - $ - $ 781 $ 781
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis Year Ended June 30, 2023 Investments in Investments in (dollars in thousands) equity securities debt securities Beginning Balance $ 515 $ 10,625 Principal repayments - (3,000 ) Amortization of day one premium - (251 ) Accretion of bifurcation discount - 740 Total unrealized gains (losses) included in: Net Investment Income (Loss) (225 ) 1,775 Other Comprehensive Loss - (2,881 ) Ending Balance $ 290 $ 7,008
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]	June 30, 2023 (dollars in thousands) Fair Value Principal Valuation Techniques Unobservable Inputs Investments in equity securities: Common share purchase warrants $ 290 Option pricing model Volatility 100.0 % Risk-Free Rate 5.0 % Investments in debt securities: Available-for-sale - Convertible debentures $ 7,008 Binomial lattice model Volatility 100.0 % Credit Spread 11.5 % Risk-Free Rate 4.2 %
Debt Securities, Trading, and Equity Securities, FV-NI [Table Text Block]	June 30, 2023 (dollars in thousands) Cost Unrealized Gains (Losses) Fair Value Equity securities at fair value Equities - International $ 6,679 $ (5,901 ) $ 778 Equities - Domestic 45 (45 ) - Mutual funds - Fixed income 11,947 (305 ) 11,642 Mutual funds - Global equity 930 (145 ) 785 Total equity securities at fair value $ 19,601 $ (6,396 ) $ 13,205 June 30, 2022 (dollars in thousands) Cost Unrealized Gains (Losses) Fair Value Equity securities at fair value Equities - International $ 6,680 $ (5,141 ) $ 1,539 Equities - Domestic 45 (45 ) - Mutual funds - Fixed income 12,313 (175 ) 12,138 Mutual funds - Global equity 929 (306 ) 623 Total equity securities at fair value $ 19,967 $ (5,667 ) $ 14,300 June 30, 2023 (dollars in thousands) Amortized Cost Gross Unrealized Gains in Other Comprehensive Income (Loss) Gross Unrealized Losses in Net Investment Income (Loss) Fair Value Available-for-sale - Convertible debentures 1 $ 7,729 $ 1,707 $ (2,428 ) $ 7,008 June 30, 2022 (dollars in thousands) Amortized Cost Gross Unrealized Gains in Other Comprehensive Income (Loss) Gross Unrealized Losses in Net Investment Income (Loss) Fair Value Available-for-sale - Convertible debentures 1 $ 8,576 $ 4,588 $ (2,539 ) $ 10,625 June 30, 2023 (dollars in thousands) Amortized Cost Gross Unrecognized Holding Gains Gross Unrecognized Holding Losses Fair Value Held-to-maturity - Debentures 1 $ 1,000 $ - $ (232 ) $ 768 June 30, 2022 (dollars in thousands) Amortized Cost Gross Unrecognized Holding Gains Gross Unrecognized Holding Losses Fair Value Held-to-maturity - Debentures 1 $ 1,000 $ - $ (133 ) $ 867
Investments Classified by Contractual Maturity Date [Table Text Block]	June 30, 2023 Available-for-sale Held-to-maturity debt securities debt securities Convertible Due after one year (dollars in thousands) debentures 1 through five years Amortized Cost $ 7,729 $ 1,000 Fair Value $ 7,008 $ 768
Schedule of Derivative Instruments [Table Text Block]	June 30, 2023 June 30, 2022 Other Assets Other Assets (dollars in thousands) Investments in available-for-sale debt securities Investments in available-for-sale debt securities Embedded Derivatives: Equity price risk exposure $ 114 $ 3 Year Ended June 30, 2023 2022 Other Income (Loss) Other Income (Loss) (dollars in thousands) Net Investment Income (Loss) Net Investment Income (Loss) Embedded Derivatives: Equity price risk exposure $ 111 $ (2,539 )
Equity Securities without Readily Determinable Fair Value [Table Text Block]	Year Ended June 30, (dollars in thousands) 2023 2022 Other Investments Carrying value $ 2,388 $ 3,992 Upward carrying value changes $ 14 $ 187 Downward carrying value changes/impairments $ (2,280 ) $ (13 )
Investment Income [Table Text Block]	Year Ended June 30, (dollars in thousands) 2023 2022 Net Investment Income (Loss) Realized gains (losses) on equity securities $ (453 ) $ 1,848 Realized gains on debt securities 1,664 2,191 Unrealized losses on equity securities (2,563 ) (9,375 ) Unrealized gains (losses) on embedded derivatives 111 (2,539 ) Unrealized losses on cash equivalents (5 ) - Dividend and interest income 1,798 1,949 Foreign currency losses, net (236 ) (248 ) Total Net Investment Income (Loss) $ 316 $ (6,174 )
Unrealized Gain (Loss) on Investments [Table Text Block]	Year Ended June 30, (dollars in thousands) 2023 2022 Net gains and losses recognized during the period on equity securities $ (3,016 ) $ (7,527 ) Less: Net gains and losses recognized during the period on equity securities sold during the period (13 ) 178 Unrealized gains and losses recognized during the reporting period on equity securities still held at the reporting date 1 $ (3,003 ) $ (7,705 )

Note 5 - Investment Managemen_2

Note 5 - Investment Management and Other Fees (Tables)	12 Months Ended
	Jun. 30, 2023
Notes Tables
Disaggregation of Revenue [Table Text Block]	Year Ended June 30, (dollars in thousands) 2023 2022 ETF advisory fees $ 13,174 $ 20,962 USGIF advisory fees 2,256 3,543 USGIF performance fees earned (paid) (490 ) 20 Total Advisory Fees 14,940 24,525 USGIF administrative services fees 134 189 Total Operating Revenue $ 15,074 $ 24,714

Note 6 - Restricted and Unres_2

Note 6 - Restricted and Unrestricted Cash (Tables)	12 Months Ended
	Jun. 30, 2023
Notes Tables
Restrictions on Cash and Cash Equivalents [Table Text Block]	June 30, (dollars in thousands) 2023 2022 Cash and cash equivalents $ 25,401 $ 22,314 Restricted cash 1,000 1,000 Total cash, cash equivalents, and restricted cash $ 26,401 $ 23,314

Note 7 - Property and Equipme_2

Note 7 - Property and Equipment (Tables)	12 Months Ended
	Jun. 30, 2023
Notes Tables
Property, Plant and Equipment [Table Text Block]	June 30, (dollars in thousands) 2023 2022 Building and land $ 4,616 $ 4,606 Furniture, equipment, and other 981 987 5,597 5,593 Accumulated depreciation (4,459 ) (4,223 ) Net property and equipment $ 1,138 $ 1,370

Note 8 - Leases (Tables)

Note 8 - Leases (Tables)	12 Months Ended
	Jun. 30, 2023
Notes Tables
Lease, Cost [Table Text Block]	Year Ended June 30, (dollars in thousands) 2023 2022 Finance lease cost: Amortization of right-of-use assets $ 29 $ - Interest on lease liabilities 4 - Total finance lease cost 33 - Operating lease cost - 44 Short-term lease cost 90 124 Total lease cost $ 123 $ 168 Year Ended June 30, (dollars in thousands) 2023 2022 Operating cash flows from operating leases included in lease liabilities $ - $ 44 Lease liabilities obtained from new ROU assets - operating $ - $ - Operating cash flows from financing leases included in lease liabilities $ 4 $ - Financing cash flows from financing leases included in lease liabilities $ 27 $ - Lease liabilities obtained from new ROU assets - financing $ - $ 93 June 30, 2023 2022 Weighted-average remaining lease term - operating leases (years) - - Weighted-average discount rate - operating leases - - Weighted-average remaining lease term - financing leases (years) 2.25 3.25 Weighted-average discount rate - financing leases 4.75 % 4.75 %
Finance Lease, Liability, to be Paid, Maturity [Table Text Block]	(dollars in thousands) Fiscal Year Finance Leases 2024 $ 31 2025 31 2026 8 2027 - 2028 - Total lease payments 70 Less imputed interest (4 ) Total $ 66
Lessor, Operating Lease, Payment to be Received, Maturity [Table Text Block]	(dollars in thousands) Fiscal Year Operating Leases 2024 $ 42 2025 36 Total lease payments $ 78

Note 9 - Other Accrued Expens_2

Note 9 - Other Accrued Expenses (Tables)	12 Months Ended
	Jun. 30, 2023
Notes Tables
Schedule of Accrued Liabilities [Table Text Block]	June 30, (dollars in thousands) 2023 2022 Professional fees $ 697 $ 889 Vendors payable 157 460 ETF operating and distribution expenses 344 385 Other taxes payable 76 97 Other accrued expenses $ 1,274 $ 1,831

Note 12 - Shareholders' Equity

Note 12 - Shareholders' Equity (Tables)	12 Months Ended
	Jun. 30, 2023
Notes Tables
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Risk-free interest rate 0.9 % Expected volatility 70.0 % Expected life (in years) 5.25 Expected dividend yield 1.0 %
Share-Based Payment Arrangement, Option, Activity [Table Text Block]	Weighted Average Weighted Average Remaining Aggregate Intrinsic Exercise Contractual Value (dollars in thousands, except price data) Options Price Life in Years (net of tax) Outstanding June 30, 2021 231,000 6.05 Granted - n/a Exercised - n/a Forfeited - n/a Outstanding June 30, 2022 231,000 $ 6.05 Granted - n/a Exercised - n/a Forfeited (2,000 ) 6.05 Outstanding June 30, 2023 229,000 $ 6.05 7.98 $ - Weighted Average Weighted Average Remaining Aggregate Intrinsic Exercise Contractual Value (dollars in thousands, except price data) Options Price Life in Years (net of tax) Outstanding June 30, 2021 2,000 $ 2.74 Granted - n/a Exercised - n/a Forfeited - n/a Outstanding June 30, 2022 2,000 $ 2.74 Granted - n/a Exercised - n/a Forfeited - n/a Outstanding June 30, 2023 2,000 $ 2.74 4.72 $ 1.00

Note 13 - Income Taxes (Tables)

Note 13 - Income Taxes (Tables)	12 Months Ended
	Jun. 30, 2023
Notes Tables
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]	Year ended June 30, (dollars in thousands) 2023 2022 United States $ 4,114 $ 5,493 Canada (31 ) (525 ) Total $ 4,083 $ 4,968
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Year ended June 30, % of % of (dollars in thousands) 2023 Pretax 2022 Pretax Tax expense at statutory rate $ 857 21.0 % $ 1,042 21.0 % State and local income taxes, net of federal tax benefit 131 3.2 % 406 8.2 % Tax expense (benefit) from change in foreign unrealized gain/loss 6 0.1 % (281 ) (5.7 )% Non-taxable investment income (loss) (33 ) (0.8 )% 294 5.9 % Income from controlled foreign corporation 7 0.2 % 307 6.2 % Rate difference on foreign deferred income (loss) 18 0.4 % (262 ) (5.3 )% Foreign tax credit - 0.0 % (153 ) (3.1 )% Other (52 ) (1.2 )% 175 3.6 % Total tax expense $ 934 22.9 % $ 1,528 30.8 %
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	Year ended June 30, (dollars in thousands) 2023 2022 Current tax expense - U.S. $ 1,245 $ 3,859 Current tax expense - State U.S. 131 406 Current tax expense (benefit) - Non-U.S. (2 ) 154 Deferred tax benefit - U.S. (442 ) (2,657 ) Deferred tax expense (benefit) - Non-U.S. 2 (234 ) Total tax expense $ 934 $ 1,528
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	June 30, (dollars in thousands) 2023 2022 Deferred Income Tax Assets: Accumulated depreciation $ 117 $ 102 Investments in securities at fair value 1,604 837 Accrued expenses 218 407 Product start-up costs 99 99 Share-based compensation expense 162 164 Other 40 16 Net operating loss carryover 24 - Subtotal Deferred Tax Assets 2,264 1,625 Valuation Allowance (24 ) - Total Deferred Tax Assets 2,240 1,625 Deferred Income Tax Liabilities: Investments in securities at fair value $ (4 ) $ - Prepaid expenses (77 ) (64 ) Other investments - (430 ) Foreign tax on undistributed earnings (243 ) (259 ) Total Deferred Tax Liabilities (324 ) (753 ) Net Deferred Tax Asset $ 1,916 $ 872
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]	Year ended June 30, (dollars in thousands) 2023 2022 Beginning Balance $ 379 $ - Increases related to current year tax positions 117 379 Ending Balance $ 496 $ 379

Note 14 - Earnings Per Share (T

Note 14 - Earnings Per Share (Tables)	12 Months Ended
	Jun. 30, 2023
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Year Ended June 30, 2023 2022 (dollars in thousands, except per share data) Net Income $ 3,149 $ 3,440 Weighted average number of outstanding shares Basic 14,638,833 15,010,138 Effect of dilutive securities: Stock options 236 990 Diluted 14,639,069 15,011,128 Earnings Per Share Basic Net Income per Share $ 0.22 $ 0.23 Diluted Net Income per Share $ 0.22 $ 0.23

Note 15 - Accumulated Other C_2

Note 15 - Accumulated Other Comprehensive Income (Loss) (Tables)	12 Months Ended
	Jun. 30, 2023
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	(dollars in thousands) Unrealized gains (losses) on available-for-sale investments Foreign currency translation adjustment 1 Total Balance at June 30, 2021 $ 6,564 $ 23 $ 6,587 Other comprehensive loss before reclassifications (1,529 ) (13 ) (1,542 ) Tax effect 320 - 320 Amount reclassified from AOCI (2,191 ) (10 ) (2,201 ) Tax effect 460 - 460 Net other comprehensive loss for 2022 (2,940 ) (23 ) (2,963 ) Balance at June 30, 2022 3,624 - 3,624 Other comprehensive loss before reclassifications (1,217 ) - (1,217 ) Tax effect 256 - 256 Amount reclassified from AOCI (1,664 ) - (1,664 ) Tax effect 349 - 349 Net other comprehensive loss for 2023 (2,276 ) - (2,276 ) Balance at June 30, 2023 $ 1,348 $ - $ 1,348

Note 16 - Financial Informati_2

Note 16 - Financial Information by Business Segment (Tables)	12 Months Ended
	Jun. 30, 2023
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Investment Management Corporate (dollars in thousands) Services Investments Consolidated Year Ended June 30, 2023 Net operating revenues $ 15,074 $ - $ 15,074 Net investment income $ - $ 316 $ 316 Other income $ 242 $ - $ 242 Income before income taxes $ 3,868 $ 215 $ 4,083 Depreciation $ 243 $ - $ 243 Gross identifiable assets at June 30, 2023 $ 25,918 $ 27,835 $ 53,753 Deferred tax asset $ 1,920 Consolidated total assets at June 30, 2023 $ 55,673 Year Ended June 30, 2022 Net operating revenues $ 24,714 $ - $ 24,714 Net investment loss $ - $ (6,174 ) $ (6,174 ) Loss from equity method investments $ - $ (206 ) $ (206 ) Other income $ 235 $ - $ 235 Income (loss) before income taxes $ 11,622 $ (6,654 ) $ 4,968 Depreciation $ 226 $ - $ 226 Gross identifiable assets at June 30, 2022 $ 23,003 $ 34,487 $ 57,490 Deferred tax asset $ 872 Consolidated total assets at June 30, 2022 $ 58,362

Note 1 - Revision of Previous_3

Note 1 - Revision of Previously Issued Consolidated Financial Statements - Impact of Correcting Errors (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Reserve for uncertain tax positions	$ 496	$ 379
Total Long-Term Liabilities	538	445
Total Liabilities	3,477	4,577
Retained earnings	37,747	35,923
Total Shareholders’ Equity	52,196	53,785	$ 54,324
Tax expense	934	1,528
Net Income	$ 3,149	$ 3,440
Basic Net Income per Share (in dollars per share)	$ 0.22	$ 0.23
Diluted Net Income per Share (in dollars per share)	$ 0.22	$ 0.23
Previously Reported [Member]
Reserve for uncertain tax positions		$ 0
Total Long-Term Liabilities		66
Total Liabilities		4,198
Retained earnings		36,302
Total Shareholders’ Equity		54,164
Tax expense		1,149
Net Income		$ 3,819
Basic Net Income per Share (in dollars per share)		$ 0.25
Diluted Net Income per Share (in dollars per share)		$ 0.25
Revision of Prior Period, Adjustment [Member]
Reserve for uncertain tax positions		$ 379
Total Long-Term Liabilities		379
Total Liabilities		379
Retained earnings		(379)
Total Shareholders’ Equity		(379)
Tax expense		379
Net Income		$ (379)
Basic Net Income per Share (in dollars per share)		$ (0.02)
Diluted Net Income per Share (in dollars per share)		$ (0.02)

Note 3 - Significant Accounti_3

Note 3 - Significant Accounting Policies (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount	$ 12,500	$ 12,800
Equity Method Investment, Other than Temporary Impairment	0	0
Accounts Receivable, Allowance for Credit Loss, Ending Balance	0	0
Impairment, Long-Lived Asset, Held-for-Use, Total	$ 0	$ 0
Investment Advisory Fees, Fee Adjustment Base Percentage Adjustment	0.25%
Investment Advisory Fees, Fee Adjustment Percent, Minimum Performance to Designed Benchmark Over Prior Rolling 12 Months	5%
Furniture and Fixtures [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)	3 years
Furniture and Fixtures [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)	10 years
Building and Building Improvements [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)	14 years
Building and Building Improvements [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)	40 years

Note 3 - Significant Accounti_4

Note 3 - Significant Accounting Policies - Carrying Amount of Assets and Liabilities Associated With VIE's (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022
Investments in equity securities at fair value, current	$ 11,642	$ 12,138
Investments in equity securities at fair value, non-current	1,563	2,162
Total VIE assets, maximum exposure to loss	55,673	58,362
Variable Interest Entity, Not Primary Beneficiary [Member]
Investments in equity securities at fair value, current	11,642	12,138
Investments in equity securities at fair value, non-current	785	623
Other receivables	45	21
Total VIE assets, maximum exposure to loss	12,472	12,782
Other accrued expenses	0	110
Total carrying amount	$ 12,472	$ 12,672

Note 4 - Investments (Details T

Note 4 - Investments (Details Textual) $ / shares in Units, shares in Millions			3 Months Ended		12 Months Ended
		Jan. 12, 2021 USD ($)	Jun. 30, 2023 USD ($) shares		Jun. 30, 2023 USD ($) shares		Jun. 30, 2022 USD ($) $ / shares	Jun. 30, 2021 USD ($) $ / shares shares	Jun. 30, 2023 $ / shares	Jun. 30, 2021 $ / shares shares
Investment Owned, Fair Value			$ 20,200,000		$ 20,200,000
Investment Owned, Cost			$ 27,300,000		$ 27,300,000
Value of Fair Value Investments to Company Assets, Percent			36.30%		36.30%
Equity Securities without Readily Determinable Fair Value, Amount			$ 2,388,000		$ 2,388,000		$ 3,992,000
Debt Securities, Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss, Total			1,000,000		1,000,000		1,000,000
Equity Securities, FV-NI, Total			13,205,000		13,205,000		14,300,000
Debt Securities, Available-for-Sale, Total	[1]		7,008,000	[2]	7,008,000	[2]	10,625,000
OCI, Debt Securities, Available-for-Sale, Unrealized Holding Gain (Loss), before Adjustment, after Tax					(961,000)		(1,209,000)
Debt Securities, Held-to-Maturity, Accumulated Unrecognized Loss	[3]		232,000		232,000		133,000
Debt Securities, Available-for-Sale, Periodic Principal Payments			750,000
Equity Securities without Readily Determinable Fair Value, Upward Price Adjustment, Cumulative Amount			2,500,000		2,500,000
Equity Securities without Readily Determinable Fair Value, Downward Price Adjustment, Cumulative Amount			3,800,000		3,800,000
Equity Securities without Readily Determinable Fair Value, Upward Price Adjustment, Annual Amount					14,000		187,000
Income (Loss) from Equity Method Investments					0		(206,000)
Realized Gain (Loss) on Principal Payment Proceeds					1,700,000		2,200,000
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Net of Tax					0		10,000
Equity Securities Without Readily Determinable Fair Values, Unrealized Gain (Loss)					(2,300,000)		187,000
U S Global Investors Funds [Member]
Investment Owned, Fair Value			12,400,000		12,400,000		12,800,000
HIVE Blockchain Technologies Ltd. [Member]
Investment Owned, Fair Value			7,300,000		7,300,000		11,100,000
Realized Gain (Loss) on Principal Payment Proceeds					1,700,000		2,200,000
HIVE Blockchain Technologies Ltd. [Member] | Convertible Securities [Member]
Investment Owned, Balance, Principal Amount		$ 15,000,000	7,600,000		7,600,000
HIVE Blockchain Technologies Ltd. [Member] | Warrants and Convertible Debentures [Member] | Fair Value, Inputs, Level 3 [Member] | Available-for-sale Securities and Equity Securities [Member]
Investment Owned, Fair Value			7,300,000		7,300,000		11,100,000
HIVE Blockchain Technologies Ltd. [Member] | Unsecured Convertible Debentures [Member]
Debt Securities, Available-for-Sale, Total		16,000,000	$ 7,000,000		$ 7,000,000		$ 10,600,000
OCI, Debt Securities, Available-for-Sale, Unrealized Holding Gain (Loss), before Adjustment, after Tax		6,900,000
HIVE Blockchain Technologies Ltd. [Member] | Unsecured Convertible Debentures [Member] | Convertible Debt Securities [Member]
Debt Instrument, Interest Rate, Stated Percentage								8%		8%
Debt Instrument, Convertible, Conversion Price (in dollars per share) | $ / shares							$ 11.7	$ 2.34
HIVE Blockchain Technologies Ltd. [Member] | Common Shares Purchase Warrants [Member]
Investment, Common Share Purchase Warrants (in shares) | shares			5		5			5		5
Class of Warrant or Right, Exercise Price of Warrants or Rights (in CAD per share) | $ / shares									$ 15	$ 3
Equity Securities, FV-NI, Total		$ 5,900,000	$ 290,000		$ 290,000		$ 515,000
The Sonar Company [Member]
Equity Securities without Readily Determinable Fair Value, Amount			362,000		362,000		362,000
Other Investments and Securities, at Cost			$ 175,000		$ 175,000
Equity Securities without Readily Determinable Fair Value, Upward Price Adjustment, Annual Amount							187,000
Investment Owned, Direct Percentage			2.80%		2.80%
Galileo New Economy Fund L P [Member]
Equity Method Investment, Ownership Percentage								22%		22%
Income (Loss) from Equity Method Investments							(206,000)
Galileo New Economy Fund L P [Member] | Cash [Member]
Proceeds from Equity Method Investment, Distribution, Return of Capital								$ 85,000
Galileo New Economy Fund L P [Member] | Common Shares [Member]
Proceeds from Equity Method Investment, Distribution, Return of Capital							$ 228,000
[1]Changes in unrealized gains and losses are included in the statement of comprehensive income (loss), except for embedded derivatives. Changes in unrealized and realized gains and losses for embedded derivatives are included in earnings in the statement of operations.[2]Principal payments of $750,000 are due quarterly with a final maturity in January 2026.[3]Held-to-maturity debt instruments are carried at amortized cost, and the fair value is classified as Level 2 according to the fair value hierarchy.

Note 4 - Investments - Investme

Note 4 - Investments - Investments With Fair Values Adjusted on Recurring Basis (Details) - USD ($) $ in Thousands		Jun. 30, 2023		Jun. 30, 2022
Fair value		$ 13,205		$ 14,300
Investments in debt securities	[1]	7,008	[2]	10,625
Fair Value, Recurring [Member]
Fair value		13,205		14,300
Investments in debt securities		7,008		10,625
Total investments carried at fair value		20,213		24,925
Fair Value, Nonrecurring [Member]
Total investments carried at fair value	[3]	1,786		781
Equity Securities International [Member]
Fair value		778		1,539
Equity Securities International [Member] | Fair Value, Recurring [Member]
Fair value		778		1,539
Mutual Funds Fixed Income [Member]
Fair value		11,642		12,138
Mutual Funds Fixed Income [Member] | Fair Value, Recurring [Member]
Fair value		11,642		12,138
Mutual Funds Global Equity [Member]
Fair value		785		623
Mutual Funds Global Equity [Member] | Fair Value, Recurring [Member]
Fair value		785		623
Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member]
Fair value		12,915		13,785
Investments in debt securities		0		0
Total investments carried at fair value		12,915		13,785
Fair Value, Inputs, Level 1 [Member] | Fair Value, Nonrecurring [Member]
Total investments carried at fair value	[3]	0		0
Fair Value, Inputs, Level 1 [Member] | Equity Securities International [Member] | Fair Value, Recurring [Member]
Fair value		488		1,024
Fair Value, Inputs, Level 1 [Member] | Mutual Funds Fixed Income [Member] | Fair Value, Recurring [Member]
Fair value		11,642		12,138
Fair Value, Inputs, Level 1 [Member] | Mutual Funds Global Equity [Member] | Fair Value, Recurring [Member]
Fair value		785		623
Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member]
Fair value		0		0
Investments in debt securities		0		0
Total investments carried at fair value		0		0
Fair Value, Inputs, Level 2 [Member] | Fair Value, Nonrecurring [Member]
Total investments carried at fair value	[3]	0		0
Fair Value, Inputs, Level 2 [Member] | Equity Securities International [Member] | Fair Value, Recurring [Member]
Fair value		0		0
Fair Value, Inputs, Level 2 [Member] | Mutual Funds Fixed Income [Member] | Fair Value, Recurring [Member]
Fair value		0		0
Fair Value, Inputs, Level 2 [Member] | Mutual Funds Global Equity [Member] | Fair Value, Recurring [Member]
Fair value		0		0
Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member]
Fair value		290		515
Investments in debt securities		7,008		10,625
Total investments carried at fair value		7,298		11,140
Fair Value, Inputs, Level 3 [Member] | Fair Value, Nonrecurring [Member]
Total investments carried at fair value	[3]	1,786		781
Fair Value, Inputs, Level 3 [Member] | Equity Securities International [Member] | Fair Value, Recurring [Member]
Fair value		290		515
Fair Value, Inputs, Level 3 [Member] | Mutual Funds Fixed Income [Member] | Fair Value, Recurring [Member]
Fair value		0		0
Fair Value, Inputs, Level 3 [Member] | Mutual Funds Global Equity [Member] | Fair Value, Recurring [Member]
Fair value		$ 0		$ 0
[1]Changes in unrealized gains and losses are included in the statement of comprehensive income (loss), except for embedded derivatives. Changes in unrealized and realized gains and losses for embedded derivatives are included in earnings in the statement of operations.[2]Principal payments of $750,000 are due quarterly with a final maturity in January 2026.[3]Other investments include equity securities without readily determinable fair values that were adjusted as a result of the measurement alternative on dates other than June 30, 2022, or June 30, 2021, respectively. These securities are classified as level 3 due to the infrequency of the observable price changes and/or restrictions on the shares.

Note 4 - Investments - Reconcil

Note 4 - Investments - Reconciliation of Investments Recorded at Fair Value (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2023 USD ($)
Equity Securities [Member]
Beginning Balance	$ 515
Principal repayments	0
Amortization of day one premium	0
Accretion of bifurcation discount	0
Net Investment Income (Loss)	(225)
Other Comprehensive Loss	0
Ending Balance	290
Debt Securities [Member]
Beginning Balance	10,625
Principal repayments	(3,000)
Amortization of day one premium	(251)
Accretion of bifurcation discount	740
Net Investment Income (Loss)	1,775
Other Comprehensive Loss	(2,881)
Ending Balance	$ 7,008

Note 4 - Investments - Securiti

Note 4 - Investments - Securities Measured and Carried at Fair Value on Recurring Basis With Significant Unobservable Inputs (Details) $ in Thousands		Jun. 30, 2023 USD ($)		Jun. 30, 2022 USD ($)
Investments in debt securities	[1]	$ 7,008	[2]	$ 10,625
Valuation Technique, Option Pricing Model [Member] | Measurement Input, Price Volatility [Member]
Investments in debt securities		$ 290
Investments in equity securities, unobservable inputs		1
Valuation Technique, Option Pricing Model [Member] | Measurement Input, Risk Free Interest Rate [Member]
Investments in equity securities, unobservable inputs		0.05
Valuation Technique, Binomial Lattice Model [Member]
Investments in debt securities		$ 7,008
Valuation Technique, Binomial Lattice Model [Member] | Measurement Input, Price Volatility [Member]
Investments in debt securities, unobservable inputs		1
Valuation Technique, Binomial Lattice Model [Member] | Measurement Input, Risk Free Interest Rate [Member]
Investments in debt securities, unobservable inputs		0.042
Valuation Technique, Binomial Lattice Model [Member] | Measurement Input, Credit Spread [Member]
Investments in debt securities, unobservable inputs		0.115
[1]Changes in unrealized gains and losses are included in the statement of comprehensive income (loss), except for embedded derivatives. Changes in unrealized and realized gains and losses for embedded derivatives are included in earnings in the statement of operations.[2]Principal payments of $750,000 are due quarterly with a final maturity in January 2026.

Note 4 - Investments - Componen

Note 4 - Investments - Components of Investments (Details) - USD ($)		Jun. 30, 2023		Jun. 30, 2022
Cost		$ 19,601,000		$ 19,967,000
Unrealized gains losses		(6,396,000)		(5,667,000)
Fair value		13,205,000		14,300,000
Amortized cost	[1]	7,729,000		8,576,000
Unrealized gains	[1]	1,707,000		4,588,000
Unrealized losses	[1]	(2,428,000)		(2,539,000)
Investments in debt securities	[1]	7,008,000	[2]	10,625,000
Cost	[3]	1,000,000		1,000,000
Unrealized gains	[3]	0		0
Unrealized losses	[3]	(232,000)		(133,000)
Fair value of HTM	[3]	768,000		867,000
Equity Securities International [Member]
Cost		6,679,000		6,680,000
Unrealized gains losses		(5,901,000)		(5,141,000)
Fair value		778,000		1,539,000
Equity Securities Domestic [Member]
Cost		45,000		45,000
Unrealized gains losses		(45,000)		(45,000)
Fair value		0		0
Mutual Funds Fixed Income [Member]
Cost		11,947,000		12,313,000
Unrealized gains losses		(305,000)		(175,000)
Fair value		11,642,000		12,138,000
Mutual Funds Global Equity [Member]
Cost		930,000		929,000
Unrealized gains losses		(145,000)		(306,000)
Fair value		$ 785,000		$ 623,000
[1]Changes in unrealized gains and losses are included in the statement of comprehensive income (loss), except for embedded derivatives. Changes in unrealized and realized gains and losses for embedded derivatives are included in earnings in the statement of operations.[2]Principal payments of $750,000 are due quarterly with a final maturity in January 2026.[3]Held-to-maturity debt instruments are carried at amortized cost, and the fair value is classified as Level 2 according to the fair value hierarchy.

Note 4 - Investments - Invest_2

Note 4 - Investments - Investments Classified by Contractual Maturity Date (Details) - USD ($) $ in Thousands		Jun. 30, 2023		Jun. 30, 2022
Amortized cost	[1]	$ 7,729		$ 8,576
Amortized Cost, held to maturity debt securities, due after One year through Five years		1,000
Investments in debt securities	[1]	7,008	[2]	$ 10,625
Fair Value, held to maturity debt securities, due after One year through Five years		$ 768
[1]Changes in unrealized gains and losses are included in the statement of comprehensive income (loss), except for embedded derivatives. Changes in unrealized and realized gains and losses for embedded derivatives are included in earnings in the statement of operations.[2]Principal payments of $750,000 are due quarterly with a final maturity in January 2026.

Note 4 - Investments - Fair Val

Note 4 - Investments - Fair Value and Effect of Embedded Derivatives (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Equity price risk exposure, asset	$ 114	$ 3
Equity price risk exposure	$ 111	$ (2,539)

Note 4 - Investments - Carrying

Note 4 - Investments - Carrying Value of Equity Securities Without Readily Determinable Fair Values (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Other investments	$ 2,388	$ 3,992
Upward carrying value changes	14	187
Downward carrying value changes/impairments	$ (2,280)	$ (13)

Note 4 - Investments - Invest_3

Note 4 - Investments - Investment Income or Loss Reflected in Earnings From Continuing Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Realized gains (losses) on equity securities	$ (453)	$ 1,848
Realized gains on debt securities	1,664	2,191
Unrealized losses on equity securities	(2,563)	(9,375)
Unrealized gains (losses) on embedded derivatives	111	(2,539)
Unrealized losses on cash equivalents	(5)	0
Dividend and interest income	1,798	1,949
Foreign currency losses, net	(236)	(248)
Total Net Investment Income (Loss)	$ 316	$ (6,174)

Note 4 - Investments - Unrealiz

Note 4 - Investments - Unrealized Gains and Losses (Details) - USD ($) $ in Thousands		12 Months Ended
		Jun. 30, 2023	Jun. 30, 2022
Net gains and losses recognized during the period on equity securities		$ (3,016)	$ (7,527)
Less: Net gains and losses recognized during the period on equity securities sold during the period		(13)	178
Unrealized gains and losses recognized during the reporting period on equity securities still held at the reporting date 1	[1]	$ (3,003)	$ (7,705)
[1]Included $2.3 million for the fiscal year ended June 30, 2023, of net losses as a result of the measurement alternative. There were net gains of $187,000 as a result of the measurement alternative for the year ended June 30, 2022

Note 5 - Investment Managemen_3

Note 5 - Investment Management and Other Fees (Details Textual) - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Investment Advisory Fees, Fee Adjustment Percent, Minimum Performance to Designed Benchmark Over Prior Rolling 12 Months	5%
Fund Clients [Member]
Receivables, Net, Current	$ 1,100,000	$ 1,600,000
U S Global Investors Funds [Member]
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%
Aggregate Fees Waived and Expenses Borne	$ 1,100,000	667,000
Annual Administrative Fee Rate	0.05%
U S Global Investors Funds [Member] | Fund Clients [Member]
Receivables, Net, Current	$ 126,000	188,000
U S Global E T Fs [Member]
Aggregate Fees Waived and Expenses Borne	$ 105,000	69,000
Unitary Management Fee, Percentage of Average Net Assets	0.60%
U S Global E T Fs [Member] | Fund Clients [Member]
Receivables, Net, Current	$ 1,000,000	$ 1,400,000
U S Global Jets U C I T S E T F [Member]
Unitary Management Fee, Percentage of Average Net Assets	0.65%

Note 5 - Investment Managemen_4

Note 5 - Investment Management and Other Fees - Operating Revenues Disaggregated by Performance Obligation (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Revenue from Contract with Customer, Including Assessed Tax	$ 15,074	$ 24,714
Investment And Advisory Services [Member]
Revenue from Contract with Customer, Including Assessed Tax	14,940	24,525
Investment And Advisory Services [Member] | U S Global E T Fs [Member]
Revenue from Contract with Customer, Including Assessed Tax	13,174	20,962
Investment And Advisory Services [Member] | U S Global Investors Funds [Member]
Revenue from Contract with Customer, Including Assessed Tax	2,256	3,543
Investment Performance [Member] | U S Global Investors Funds [Member]
Revenue from Contract with Customer, Including Assessed Tax	(490)	20
Administrative Service [Member]
Revenue from Contract with Customer, Including Assessed Tax	134	189
Administrative Service [Member] | U S Global Investors Funds [Member]
Revenue from Contract with Customer, Including Assessed Tax	$ 134	$ 189

Note 6 - Restricted and Unres_3

Note 6 - Restricted and Unrestricted Cash - Reconciliation of Cash, Cash Equivalents, and Restricted Cash (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022
Cash and cash equivalents	$ 25,401	$ 22,314
Restricted cash	1,000	1,000
Total cash, cash equivalents, and restricted cash	$ 26,401	$ 23,314

Note 7 - Property and Equipme_3

Note 7 - Property and Equipment (Details Textual) - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Depreciation, Depletion and Amortization, Nonproduction	$ 243,000	$ 226,000

Note 7 - Property and Equipme_4

Note 7 - Property and Equipment - Property and Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022
Gross property and equipment	$ 5,597	$ 5,593
Accumulated depreciation	(4,459)	(4,223)
Net property and equipment	1,138	1,370
Land and Building [Member]
Gross property and equipment	4,616	4,606
Furniture and Fixtures [Member]
Gross property and equipment	$ 981	$ 987

Note 8 - Leases (Details Textua

Note 8 - Leases (Details Textual) - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Other Assets [Member]
Lessor, Cost, Contracts Asset	$ 4,000	$ 9,000
Other Income [Member]
Operating Lease, Lease Income	125,000	115,000
Continuing Operations [Member]
Lease, Cost	$ 123,000	$ 168,000

Note 8 - Leases - Lease Expense

Note 8 - Leases - Lease Expense (Details) - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Operating cash flows from operating leases included in lease liabilities	$ 0	$ 44,000
Lease liabilities obtained from new ROU assets - operating	0	0
Operating cash flows from financing leases included in lease liabilities	4,000	0
Financing cash flows from financing leases included in lease liabilities	27,000	0
Lease liabilities obtained from new ROU assets - financing	$ 0	$ 93,000
Weighted-average discount rate - operating leases	0%	0%
Weighted-average remaining lease term - financing leases (years) (Year)	2 years 3 months	3 years 3 months
Weighted-average discount rate - financing leases	4.75%	4.75%
Continuing Operations [Member]
Amortization of right-of-use assets	$ 29,000	$ 0
Interest on lease liabilities	4,000	0
Total finance lease cost	33,000	0
Operating lease cost	0	44,000
Short-term lease cost	90,000	124,000
Total lease cost	$ 123,000	$ 168,000

Note 8 - Leases - Maturities of

Note 8 - Leases - Maturities of Lease Liabilities (Details) $ in Thousands	Jun. 30, 2023 USD ($)
2024	$ 31
2025	31
2026	8
2027	0
2028	0
Total lease payments	70
Less imputed interest	(4)
Total	$ 66

Note 8 - Leases - Summary Analy

Note 8 - Leases - Summary Analysis of Annual Undiscounted Cash Flows to be Received on Leases (Details) $ in Thousands	Jun. 30, 2023 USD ($)
2024	$ 42
2025	36
Total lease payments	$ 78

Note 9 - Other Accrued Expens_3

Note 9 - Other Accrued Expenses - Other Accrued Expenses (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022
Professional fees	$ 697	$ 889
Vendors payable	157	460
ETF operating and distribution expenses	344	385
Other taxes payable	76	97
Other accrued expenses	$ 1,274	$ 1,831

Note 10 - Debt (Details Textual

Note 10 - Debt (Details Textual) $ in Millions	Jun. 30, 2023 USD ($)
Line of Credit Facility, Maximum Borrowing Capacity	$ 1

Note 11 - Benefit Plans (Detail

Note 11 - Benefit Plans (Details Textual) - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Defined Contribution Plan, Employer Matching Contribution, Percent for First Compensation Slab	100%
Percentage of First Compensation	3%
Defined Contribution Plan, Employer Matching Contribution, Percent for Next Compensation Slab	50%
Percentage of Next Compensation	2%
Defined Contribution Plan, Cost	$ 109,000	$ 111,000
Defined Contribution Plan, Employer Profit Sharing Contribution Amount	200,000	200,000
Defined Contribution Plan, Employer Matching Contribution, Amount	$ 12,000	$ 14,000
Employee Stock Purchase Plan [Member]
Treasury Stock, Shares, Purchased by Employees (in shares)	19,981	10,191
Employee Stock Purchase Plan, Employer Matching Contribution Amount	$ 42,000	$ 38,000

Note 12 - Shareholders' Equit_2

Note 12 - Shareholders' Equity (Details Textual) - USD ($)	3 Months Ended	8 Months Ended	9 Months Ended	12 Months Ended			127 Months Ended
	Sep. 30, 2023	Sep. 30, 2021	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2023	Feb. 25, 2022	Feb. 24, 2022
Payments of Ordinary Dividends, Common Stock				$ 1,333,000	$ 1,239,000
Payments for Repurchase of Common Stock				1,195,000	452,000
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-Based Compensation Cost			$ 164,000	162,000	164,000		$ 162,000
Share-Based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount				$ 0			$ 0
Share-Based Payment Arrangement, Option [Member]
Share-Based Payment Arrangement, Expense					733,000
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-Based Compensation Cost			$ 154,000		$ 154,000
Plan 1989 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized (in shares)				1,600,000			1,600,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Expiration Period (Year)				10 years
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)				0	0	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)						$ 3.36
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Forfeitures in Period (in shares)				2,000	0
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number (in shares)			231,000	229,000	231,000	231,000	229,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Grant Date Fair Value (in dollars per share)				$ 3.36			$ 3.36
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period (in shares)				0	0
Plan 1989 [Member] | Share-Based Payment Arrangement, Tranche One [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage				20%
Plan 1989 [Member] | Share-Based Payment Arrangement, Tranche Three [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage				20%
Plan 1989 [Member] | Share-Based Payment Arrangement, Tranche Four [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage				20%
Plan 1989 [Member] | Share-Based Payment Arrangement, Tranche Five [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage				20%
Plan 1997 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized (in shares)				400,000			400,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)				0	0
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Forfeitures in Period (in shares)				0	0
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number (in shares)			2,000	2,000	2,000	2,000	2,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period (in shares)				0	0
Plan 1997 [Member] | Share-Based Payment Arrangement, Option [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Expiration Period (Year)					10 years
Share Repurchase Plan Renewal December2012 December2020 [Member]
Stock Repurchase Program, Authorized Amount				$ 5,000,000			$ 5,000,000	$ 5,000,000	$ 2,750,000
Stock Repurchase Program, Remaining Authorized Repurchase Amount				$ 4,200,000			$ 4,200,000
Monthly Dividends Paid [Member]
Common Stock, Dividends, Per Share, Cash Paid (in dollars per share)		$ 0.005	$ 0.0075
Monthly Dividends Paid [Member] | Forecast [Member]
Common Stock, Dividends, Per Share, Cash Paid (in dollars per share)	$ 0.0075
Common Class B [Member]
Common Stock, Shares, Issued (in shares)			0	0	0		0
Common Class C [Member]
Common Stock, Shares, Issued (in shares)			2,068,549	2,068,549	2,068,549		2,068,549
Payments of Ordinary Dividends, Common Stock				$ 186,000	$ 171,000
Common Class C [Member] | Conversion of Class C to Class A [Member]
Conversion of Stock, Shares Converted (in shares)				0	86
Common Class A [Member]
Common Stock, Shares, Issued (in shares)			13,866,999	13,866,999	13,866,999		13,866,999
Payments of Ordinary Dividends, Common Stock				$ 1,100,000	$ 1,100,000
Treasury Stock, Shares, Acquired (in shares)				412,257	89,287		1,221,226
Payments for Repurchase of Common Stock				$ 1,200,000	$ 452,000		$ 3,400,000
Common Stock Award, Number of Shares Granted (in shares)				0	0
Common Class A [Member] | Conversion of Class C to Class A [Member]
Conversion of Stock, Shares Issued (in shares)				0	86

Note 12 - Shareholders' Equit_3

Note 12 - Shareholders' Equity - Assumptions to Estimate the Fair Value of Options Granted (Details) - Plan 1989 [Member]	12 Months Ended
	Jun. 30, 2023
Risk-free interest rate	0.90%
Expected volatility	70%
Expected life (in years) (Year)	5 years 3 months
Expected dividend yield	1%

Note 12 - Shareholders' Equit_4

Note 12 - Shareholders' Equity - Stock Option Transactions (Details) - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Plan 1989 [Member]
Outstanding, options shares (in shares)	231,000	231,000
Outstanding, weighted average exercise price (in dollars per share)	$ 6.05	$ 6.05
Granted, options shares (in shares)	0	0	231,000
Exercised, options shares (in shares)	0	0
Forfeited, options shares (in shares)	(2,000)	0
Forfeited, weighted average exercise price (in dollars per share)	$ 6.05
Outstanding, options shares (in shares)	229,000	231,000	231,000
Outstanding, weighted average exercise price (in dollars per share)	$ 6.05	$ 6.05	$ 6.05
Outstanding, weighted average remaining contractual life (Year)	7 years 11 months 23 days
Outstanding, aggregate intrinsic value	$ 0
Plan 1997 [Member]
Outstanding, options shares (in shares)	2,000	2,000
Outstanding, weighted average exercise price (in dollars per share)	$ 2.74	$ 2.74
Granted, options shares (in shares)	0	0
Exercised, options shares (in shares)	0	0
Forfeited, options shares (in shares)	0	0
Outstanding, options shares (in shares)	2,000	2,000	2,000
Outstanding, weighted average exercise price (in dollars per share)	$ 2.74	$ 2.74	$ 2.74
Outstanding, weighted average remaining contractual life (Year)	4 years 8 months 19 days
Outstanding, aggregate intrinsic value	$ 1,000

Note 13 - Income Taxes (Details

Note 13 - Income Taxes (Details Textual) - USD ($)	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Deferred Tax Assets, Valuation Allowance	$ 24,000	$ 0
Liability for Uncertainty in Income Taxes, Current	496,000
Unrecognized Tax Benefits	496,000	379,000	$ 0
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	166,000	$ 86,000
Domestic Tax Authority [Member] | Internal Revenue Service (IRS) [Member]
Operating Loss Carryforwards	0
Tax Credit Carryforward, Amount	0
Foreign Tax Authority [Member] | Canada Revenue Agency [Member]
Operating Loss Carryforwards	91,000
Tax Credit Carryforward, Amount	$ 0

Note 13 - Income Taxes - Income

Note 13 - Income Taxes - Income (Loss) Before Tax (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
United States	$ 4,114	$ 5,493
Canada	(31)	(525)
Total	$ 4,083	$ 4,968

Note 13 - Income Taxes - Reconc

Note 13 - Income Taxes - Reconciliation of Income Tax (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Tax expense at statutory rate	$ 857	$ 1,042
Tax expense at statutory rate, percent	21%	21%
State and local income taxes, net of federal tax benefit	$ 131	$ 406
State and local income taxes, net of federal tax benefit, percent	3.20%	8.20%
Tax expense (benefit) from change in foreign unrealized gain/loss	$ 6	$ (281)
Tax expense (benefit) from change in foreign unrealized gain/loss, percent	0.10%	(5.70%)
Non-taxable investment income (loss)	$ (33)	$ 294
Non-taxable investment income, percent	(0.80%)	5.90%
Income from controlled foreign corporation	$ 7	$ 307
Income from controlled foreign corporation, percent	0.20%	6.20%
Rate difference on foreign deferred income (loss)	$ 18	$ (262)
Rate difference on foreign deferred income, percent	0.40%	(5.30%)
Foreign tax credit	$ 0	$ (153)
Foreign tax credit, percent	0%	(3.10%)
Other	$ (52)	$ 175
Other, percent	(1.20%)	3.60%
Total tax expense	$ 934	$ 1,528
Total tax expense, percent	22.90%	30.80%

Note 13 - Income Taxes - Compon

Note 13 - Income Taxes - Components of Total Tax Expense (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Current tax expense - U.S.	$ 1,245	$ 3,859
Current tax expense - State U.S.	131	406
Current tax expense (benefit) - Non-U.S.	(2)	154
Deferred tax benefit - U.S.	(442)	(2,657)
Deferred tax expense (benefit) - Non-U.S.	2	(234)
Total tax expense	$ 934	$ 1,528

Note 13 - Income Taxes - Deferr

Note 13 - Income Taxes - Deferred Assets and Liabilities (Details) - USD ($)	Jun. 30, 2023	Jun. 30, 2022
Accumulated depreciation	$ 117,000	$ 102,000
Investments in securities at fair value	1,604,000	837,000
Accrued expenses	218,000	407,000
Product start-up costs	99,000	99,000
Share-based compensation expense	162,000	164,000
Other	40,000	16,000
Net operating loss carryover	24,000	0
Subtotal Deferred Tax Assets	2,264,000	1,625,000
Valuation Allowance	(24,000)	0
Total Deferred Tax Assets	2,240,000	1,625,000
Investments in securities at fair value	(4,000)	0
Prepaid expenses	(77,000)	(64,000)
Other investments	0	(430,000)
Foreign tax on undistributed earnings	(243,000)	(259,000)
Total Deferred Tax Liabilities	(324,000)	(753,000)
Net Deferred Tax Asset	$ 1,916,000	$ 872,000

Note 13 - Income Taxes - Activi

Note 13 - Income Taxes - Activity in Unrecognized Tax Benefits (Details) - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Beginning Balance	$ 379,000	$ 0
Increases related to current year tax positions	117,000	379,000
Ending Balance	$ 496,000	$ 379,000

Note 14 - Earnings Per Share (D

Note 14 - Earnings Per Share (Details Textual) - shares	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Share-Based Payment Arrangement, Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	229,000	231,000

Note 14 - Earnings Per Share -

Note 14 - Earnings Per Share - Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Net income	$ 3,149	$ 3,440
Basic weighted average number of common shares outstanding (in shares)	14,638,833	15,010,138
Stock options (in shares)	236	990
Diluted (in shares)	14,639,069	15,011,128
Basic Net Income per Share (in dollars per share)	$ 0.22	$ 0.23
Diluted Net Income per Share (in dollars per share)	$ 0.22	$ 0.23

Note 15 - Accumulated Other C_3

Note 15 - Accumulated Other Comprehensive Income (Loss) - Changes in Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands		12 Months Ended
		Jun. 30, 2023	Jun. 30, 2022
Balance		$ 53,785	$ 54,324
Balance		52,196	53,785
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-Sale, Parent [Member]
Balance		3,624	6,564
Other comprehensive loss before reclassifications		(1,217)	(1,529)
Tax effect		256	320
Amount reclassified from AOCI		(1,664)	(2,191)
Tax effect		349	460
Other Comprehensive Income (Loss)		(2,276)	(2,940)
Balance		1,348	3,624
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Balance	[1]	0	23
Other comprehensive loss before reclassifications		0	(13)	[1]
Tax effect	[1]	0	0
Amount reclassified from AOCI	[1]	0	(10)
Tax effect	[1]	0	0
Other Comprehensive Income (Loss)		0	(23)	[1]
Balance	[1]	0	0
AOCI Attributable to Parent [Member]
Balance		3,624	6,587
Other comprehensive loss before reclassifications		(1,217)	(1,542)
Tax effect		256	320
Amount reclassified from AOCI		(1,664)	(2,201)
Tax effect		349	460
Other Comprehensive Income (Loss)		(2,276)	(2,963)
Balance		$ 1,348	$ 3,624
[1]Amounts include no tax expense or benefit.

Note 16 - Financial Informati_3

Note 16 - Financial Information by Business Segment (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Revenue from Contract with Customer, Including Assessed Tax	$ 15,074	$ 24,714
Investment Management Services [Member]
Revenue from Contract with Customer, Including Assessed Tax	15,074	24,714
Investment Management Services [Member] | U S Global Investors Funds [Member]
Revenue from Contract with Customer, Including Assessed Tax	1,900	3,800
Investment Management Services [Member] | U S Global E T Fs [Member]
Revenue from Contract with Customer, Including Assessed Tax	$ 13,200	$ 21,000

Note 16 - Financial Informati_4

Note 16 - Financial Information by Business Segment - Total Revenues and Income by Business Segment (Details) - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Revenue from Contract with Customer, Including Assessed Tax	$ 15,074,000	$ 24,714,000
Investment Income, Net	316,000	(6,174,000)
Other income	242,000	235,000
Income before income taxes	4,083,000	4,968,000
Depreciation, Depletion and Amortization, Nonproduction	243,000	226,000
Gross identifiable assets	53,753,000	57,490,000
Deferred tax asset	1,920,000	872,000
Consolidated total assets	55,673,000	58,362,000
Income (Loss) from Equity Method Investments	0	(206,000)
Other Assets [Member]
Deferred tax asset	1,920,000	872,000
Investment Management Services [Member]
Revenue from Contract with Customer, Including Assessed Tax	15,074,000	24,714,000
Investment Income, Net	0	0
Other income	242,000	235,000
Income before income taxes	3,868,000	11,622,000
Depreciation, Depletion and Amortization, Nonproduction	243,000	226,000
Gross identifiable assets	25,918,000	23,003,000
Income (Loss) from Equity Method Investments		0
Corporate Investments [Member]
Revenue from Contract with Customer, Including Assessed Tax	0	0
Investment Income, Net	316,000	(6,174,000)
Other income	0	0
Income before income taxes	215,000	(6,654,000)
Depreciation, Depletion and Amortization, Nonproduction	0	0
Gross identifiable assets	$ 27,835,000	34,487,000
Income (Loss) from Equity Method Investments		$ (206,000)

Note 17 - Related Party Trans_2

Note 17 - Related Party Transactions (Details Textual) - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Equity Securities, FV-NI, Total	$ 13,205,000	$ 14,300,000
Proceeds from Sale of Short-Term Investments	350,000	0
Payments to Acquire Short-Term Investments	0	6,000,000
Equity Securities, FV-NI, Realized Gain (Loss)	(453,000)	1,848,000
Other Accrued Liabilities, Current	1,274,000	1,831,000
Investment Owned, Fair Value	20,200,000
Realized Gain (Loss) on Principal Payment Proceeds	1,700,000	2,200,000
Investment Income, Net	316,000	(6,174,000)
Equity Securities without Readily Determinable Fair Value, Amount	2,388,000	3,992,000
Equity Securities without Readily Determinable Fair Value, Upward Price Adjustment, Annual Amount	14,000	187,000
HIVE Blockchain Technologies Ltd. [Member]
Investment Owned, Fair Value	7,300,000	11,100,000
Realized Gain (Loss) on Principal Payment Proceeds	1,700,000	2,200,000
Investment Income, Net	1,200,000
The Sonar Company [Member]
Equity Securities without Readily Determinable Fair Value, Amount	362,000	362,000
Payments to Acquire Equity Securities Without Readily Determinable Fair Value		75,000
Equity Securities without Readily Determinable Fair Value, Upward Price Adjustment, Annual Amount		187,000
Operating Lease, Lease Income	16,000	15,000
Receivables From Mutual Funds [Member]
Receivables, Net, Current	1,100,000	1,600,000
U S Global Investors Funds [Member]
Equity Securities, FV-NI, Total	12,400,000	12,800,000
Proceeds from Sale of Short-Term Investments	350,000
Payments to Acquire Short-Term Investments		6,000,000
Investment Income, Dividends and Capital Gains	267,000	146,000
Equity Securities, FV-NI, Realized Gain (Loss)	(13,000)	0
Mutual Funds [Member]
Other Accrued Liabilities, Current		110,000
HIVE Blockchain Technologies Ltd. [Member]
Investment Income, Net		1,600,000
Consulting Fees Income	120,000	120,000
Accounts Receivable, after Allowance for Credit Loss	$ 43,000	$ 140,000

Note 18 - Contingencies and C_2

Note 18 - Contingencies and Commitments (Details Textual) - USD ($)	3 Months Ended		12 Months Ended
	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Jun. 30, 2022
Loss Contingency Accrual, Provision			$ 0	$ 0
Dividends, Common Stock, Cash			$ 1,325,000	$ 1,350,000
Forecast [Member]
Common Stock, Dividends, Per Share, Declared (in dollars per share)	$ 0.0075
Monthly Dividend [Member] | Forecast [Member]
Common Stock, Dividends, Per Share, Declared (in dollars per share)		$ 0.0075
Dividends, Common Stock, Cash		$ 329,000

Note 19 - Subsequent Event (Det

Note 19 - Subsequent Event (Details Textual) - USD ($)	3 Months Ended	4 Months Ended
	Dec. 31, 2023	Nov. 14, 2023
Subsequent Event [Member]
Equity Securities Without Readily Determinable Fair Value, Impairment Loss		$ 776,000
Forecast [Member]
Common Stock, Dividends, Per Share, Declared (in dollars per share)	$ 0.0075