U.S. Global Investors (GROW) 10-Q 8 Feb 24 2024 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Dec. 31, 2023	Feb. 01, 2024
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	Q2
Document Fiscal Year Focus	2024
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Dec. 31, 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 Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
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		12,058,980

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Dec. 31, 2023	Jun. 30, 2023
Current Assets
Cash and cash equivalents	$ 27,466	$ 25,401
Restricted cash	1,000	1,000
Investments in securities at fair value, current	10,092	11,642
Accounts and other receivables (net of allowance for credit losses of $0, and $0, respectively)	1,376	1,245
Tax receivable	232	576
Prepaid expenses	262	510
Total Current Assets	40,428	40,374
Net Property and Equipment	1,126	1,138
Other Assets
Deferred tax asset	2,130	1,920
Investments in trading securities at fair value, non-current	1,465	1,563
Investments in available-for-sale debt securities at fair value (amortized cost: $7,056 and $7,729, respectively) (net of allowance for credit losses of $0, and $0, respectively)	5,784	7,008
Investments in held-to-maturity debt securities at amortized cost	1,000	1,000
Less: Allowance for credit losses	(177)	0
Investments in held-to-maturity debt securities, net of allowance for credit losses	823	1,000
Other investments	1,613	2,388
Financing lease, right of use assets	53	65
Other assets, non-current	210	217
Total Other Assets	12,078	14,161
Total Assets	53,632	55,673
Current Liabilities
Accounts payable	93	143
Accrued compensation and related costs	473	1,165
Dividends payable	322	329
Financing lease liability, short-term	30	28
Other accrued expenses	1,235	1,274
Total Current Liabilities	2,153	2,939
Long-Term Liabilities
Deferred tax liability	19	4
Reserve for uncertain tax positions	546	496
Financing lease liability, long-term	24	38
Total Long-Term Liabilities	589	538
Total Liabilities	2,742	3,477
Commitments and Contingencies (Note 13)
Shareholders’ Equity
Additional paid-in-capital	16,444	16,442
Treasury stock, class A shares at cost; 1,753,239 and 1,370,325 shares at December 31, 2023, and June 30, 2023, respectively	(4,891)	(3,740)
Accumulated other comprehensive income, net of tax	963	1,348
Retained earnings	37,975	37,747
Total Shareholders’ Equity	50,890	52,196
Total Liabilities and Shareholders’ Equity	53,632	55,673
Common Class A [Member]
Shareholders’ Equity
Common Stock	347	347
Common Class B [Member]
Shareholders’ Equity
Common Stock	0	0
Common Class C [Member]
Shareholders’ Equity
Common Stock	$ 52	$ 52

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Dec. 31, 2023		Jun. 30, 2023
Accounts and other receivables, allowance for credit loss	$ 0		$ 0
Investments in available-for-sale debt securities, amortized cost	7,056	[1]	7,729
Investments in available-for-sale debt securities, allowance for credit loss	$ 0		$ 0
Treasury shares (in shares)	1,753,239		1,370,325
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)	12,113,760		12,496,674
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
[1]Principal payments of $750,000 are due quarterly with a final maturity date in January 2026.

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Operating Revenues
Revenues	$ 2,818	$ 3,728	$ 5,951	$ 8,140
Operating Expenses
Employee compensation and benefits	962	1,130	2,236	2,305
General and administrative	1,490	1,508	2,992	3,012
Advertising	112	120	193	206
Depreciation	62	61	123	122
Interest	0	1	1	2
Total Operating Expenses	2,626	2,820	5,545	5,647
Operating Income	192	908	406	2,493
Other Income (Loss)
Net investment income (loss)	1,416	116	903	(1,344)
Other income (loss)	57	62	115	123
Total Other Income (Loss)	1,473	178	1,018	(1,221)
Income (Loss) Before Income Taxes	1,665	1,086	1,424	1,272
Provision for Income Taxes
Tax expense (benefit)	436	239	371	372
Net Income (Loss)	$ 1,229	$ 847	$ 1,053	$ 900
Earnings (Loss) Per Share
Basic Net Income (Loss) per share (in dollars per share)	$ 0.09	$ 0.06	$ 0.07	$ 0.06
Diluted Net Income (Loss) per share (in dollars per share)	$ 0.09	$ 0.06	$ 0.07	$ 0.06
Basic weighted average number of common shares outstanding (in shares)	14,291,328	14,889,946	14,378,419	14,919,317
Diluted weighted average number of common shares outstanding (in shares)	14,291,396	14,890,031	14,378,551	14,919,693
Investment Advisory Services [Member]
Operating Revenues
Revenues	$ 2,790	$ 3,695	$ 5,893	$ 8,072
Administrative Service [Member]
Operating Revenues
Revenues	$ 28	$ 33	$ 58	$ 68

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Net income (loss)	$ 1,229	$ 847	$ 1,053	$ 900
Other Comprehensive Income (Loss)
Unrealized gains (losses) on available-for-sale securities arising during period, net of tax	68	(904)	120	(1,019)
Less: reclassification adjustment for gains included in net income (loss), net of tax	(239)	(344)	(505)	(715)
Net change from available-for-sale securities	(171)	(1,248)	(385)	(1,734)
Other Comprehensive Income (Loss)	(171)	(1,248)	(385)	(1,734)
Total Comprehensive Income (Loss)	$ 1,058	$ (401)	$ 668	$ (834)

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($) $ in Thousands	Cumulative Effect, Period of Adoption, Adjustment [Member] Common Stock [Member] Common Class A [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] Common Stock [Member] Common Class C [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] Additional Paid-in Capital [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] Treasury Stock, Common [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] AOCI Attributable to Parent [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] Retained Earnings [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]	Cumulative Effect, Period of Adoption, Adjusted Balance [Member] Common Stock [Member] Common Class A [Member]	Cumulative Effect, Period of Adoption, Adjusted Balance [Member] Common Stock [Member] Common Class C [Member]	Cumulative Effect, Period of Adoption, Adjusted Balance [Member] Additional Paid-in Capital [Member]	Cumulative Effect, Period of Adoption, Adjusted Balance [Member] Treasury Stock, Common [Member]	Cumulative Effect, Period of Adoption, Adjusted Balance [Member] AOCI Attributable to Parent [Member]	Cumulative Effect, Period of Adoption, Adjusted Balance [Member] Retained Earnings [Member]	Cumulative Effect, Period of Adoption, Adjusted Balance [Member]	Common Stock [Member] Common Class A [Member]	Common Stock [Member] Common Class C [Member]	Additional Paid-in Capital [Member]	Treasury Stock, Common [Member] Common Class A [Member]	Treasury Stock, Common [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Total
Balance (in shares)															13,866,999	2,068,549			978,049
Balance (in shares) at Jun. 30, 2022															13,866,999	2,068,549			978,049
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), including excise tax (in shares)															0	0			39,965
Repurchases of shares of Common Stock (class A), including excise tax															$ 0	$ 0	0		$ (133)	0	0	(133)
Issuance of stock under ESPP of shares of Common Stock (class A) (in shares)															0	0			(3,983)
Issuance of stock under ESPP of shares of Common Stock (class A)															$ 0	$ 0	3		$ 10	0	0	13
Dividends declared															0	0	0		0	0	(335)	(335)
Net other comprehensive income (loss)															0	0	0		0	(486)	0	(486)
Net income (loss)															0	0	0		0	0	53	53
Share-based compensation, adjustment for forfeitures, net of tax															0	0	(1)		0	0	0	(1)
Balance at Sep. 30, 2022															$ 347	$ 52	16,440		$ (2,722)	3,138	35,641	52,896
Balance (in shares) at Jun. 30, 2022															13,866,999	2,068,549			978,049
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), including excise tax (in shares)																		127,372
Net other comprehensive income (loss)																						(1,734)
Net income (loss)																						900
Balance at Dec. 31, 2022															$ 347	$ 52	16,441		$ (2,958)	1,890	36,153	51,925
Balance (in shares)															13,866,999	2,068,549			1,014,031
Balance (in shares) at Sep. 30, 2022															13,866,999	2,068,549			1,014,031
Balance at Sep. 30, 2022															$ 347	$ 52	16,440		$ (2,722)	3,138	35,641	52,896
Repurchases of shares of Common Stock (class A), including excise tax (in shares)															0	0		87,407	87,407
Repurchases of shares of Common Stock (class A), including excise tax															$ 0	$ 0	0		$ (249)	0	0	(249)
Issuance of stock under ESPP of shares of Common Stock (class A) (in shares)															0	0			(4,898)
Issuance of stock under ESPP of shares of Common Stock (class A)															$ 0	$ 0	1		$ 13	0	0	14
Dividends declared															0	0	0		0	0	(335)	(335)
Net other comprehensive income (loss)															0	0	0		0	(1,248)	0	(1,248)
Net income (loss)															0	0	0		0	0	847	847
Balance at Dec. 31, 2022															$ 347	$ 52	16,441		$ (2,958)	1,890	36,153	51,925
Balance (in shares)															13,866,999	2,068,549			1,096,540
Balance (in shares) | Accounting Standards Update 2016-13 [Member]	0	0		0				13,866,999	2,068,549		1,370,325
Balance (in shares)															13,866,999	2,068,549			1,370,325
Balance (in shares) (Accounting Standards Update 2016-13 [Member]) at Jun. 30, 2023	0	0		0				13,866,999	2,068,549		1,370,325
Balance (in shares) at Jun. 30, 2023															13,866,999	2,068,549			1,370,325
Balance (Accounting Standards Update 2016-13 [Member]) at Jun. 30, 2023	$ 0	$ 0	$ 0	$ 0	$ 0	$ (183)	$ (183)	$ 347	$ 52	$ 16,442	$ (3,740)	$ 1,348	$ 37,564	$ 52,013
Balance at Jun. 30, 2023															$ 347	$ 52	16,442		$ (3,740)	1,348	37,747	52,196
Repurchases of shares of Common Stock (class A), including excise tax (in shares)															0	0			198,213
Repurchases of shares of Common Stock (class A), including excise tax															$ 0	$ 0	0		$ (617)	0	0	(617)
Issuance of stock under ESPP of shares of Common Stock (class A) (in shares)															0	0			(5,494)
Issuance of stock under ESPP of shares of Common Stock (class A)															$ 0	$ 0	2		$ 15	0	0	17
Dividends declared															0	0	0		0	0	(322)	(322)
Net other comprehensive income (loss)															0	0	0		0	(214)	0	(214)
Net income (loss)															0	0	0		0	0	(176)	(176)
Balance at Sep. 30, 2023															$ 347	$ 52	16,444		$ (4,342)	1,134	37,066	50,701
Balance (in shares) (Accounting Standards Update 2016-13 [Member]) at Jun. 30, 2023	0	0		0				13,866,999	2,068,549		1,370,325
Balance (in shares) at Jun. 30, 2023															13,866,999	2,068,549			1,370,325
Balance (Accounting Standards Update 2016-13 [Member]) at Jun. 30, 2023	$ 0	$ 0	$ 0	$ 0	$ 0	$ (183)	$ (183)	$ 347	$ 52	$ 16,442	$ (3,740)	$ 1,348	$ 37,564	$ 52,013
Balance at Jun. 30, 2023															$ 347	$ 52	16,442		$ (3,740)	1,348	37,747	52,196
Repurchases of shares of Common Stock (class A), including excise tax (in shares)																		394,508
Net other comprehensive income (loss)																						(385)
Net income (loss)																						1,053
Balance at Dec. 31, 2023															$ 347	$ 52	16,444		$ (4,891)	963	37,975	50,890
Balance (in shares)															13,866,999	2,068,549			1,563,044
Balance (in shares) at Sep. 30, 2023															13,866,999	2,068,549			1,563,044
Balance at Sep. 30, 2023															$ 347	$ 52	16,444		$ (4,342)	1,134	37,066	50,701
Repurchases of shares of Common Stock (class A), including excise tax (in shares)															0	0		196,295	196,295
Repurchases of shares of Common Stock (class A), including excise tax															$ 0	$ 0	0		$ (566)	0	0	(566)
Issuance of stock under ESPP of shares of Common Stock (class A) (in shares)															0	0			(6,100)
Issuance of stock under ESPP of shares of Common Stock (class A)															$ 0	$ 0	0		$ 17	0	0	17
Dividends declared															0	0	0		0	0	(320)	(320)
Net other comprehensive income (loss)															0	0	0		0	(171)	0	(171)
Net income (loss)															0	0	0		0	0	1,229	1,229
Balance at Dec. 31, 2023															$ 347	$ 52	$ 16,444		$ (4,891)	$ 963	$ 37,975	$ 50,890
Balance (in shares)															13,866,999	2,068,549			1,753,239

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Dec. 31, 2023		Dec. 31, 2022
Cash Flows from Operating Activities:
Net income (loss)	$ 1,053,000		$ 900,000
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation, amortization and accretion	(65,000)		(144,000)
Net recognized (gain) loss on disposal of fixed assets	0		3,000
Net realized (gains) losses on securities	101,000		(905,000)
Unrealized (gains) losses on securities	181,000		2,842,000
Provision for deferred taxes	(45,000)		(274,000)
Allowance for credit losses	(55,000)	[1]	0
Changes in operating assets and liabilities:
Accounts and other receivables	213,000		448,000
Prepaid expenses and other assets	267,000		(202,000)
Accounts payable and other accrued liabilities	(740,000)		(1,540,000)
Total adjustments	(143,000)		228,000
Net cash provided by (used in) operating activities	910,000		1,128,000
Cash Flows from Investing Activities:
Purchase of property and equipment	(111,000)		(14,000)
Purchase of trading securities at fair value, non-current	(215,000)		0
Purchase of other investments	0		(477,000)
Proceeds from principal paydowns of available-for-sale debt securities at fair value	1,500,000		1,500,000
Return of capital on other investments	0		5,000
Net cash provided by (used in) investing activities	2,955,000		1,014,000
Cash Flows from Financing Activities:
Principal payments on financing lease	(15,000)		(13,000)
Issuance of common stock	34,000		27,000
Repurchases of common stock	(1,171,000)		(382,000)
Dividends paid	(648,000)		(672,000)
Net cash provided by (used in) financing activities	(1,800,000)		(1,040,000)
Net increase (decrease) in cash, cash equivalents, and restricted cash	2,065,000		1,102,000
Beginning cash, cash equivalents, and restricted cash	26,401,000		23,314,000
Ending cash, cash equivalents, and restricted cash	28,466,000		24,416,000
Supplemental Disclosures of Non-Cash Investing and Financing Activities
Dividends declared but not paid	322,000		335,000
Excise tax liability accrued on stock repurchases	12,000		0
Unsettled sales of non-current trading securities	181,000		0
Unsettled class A common stock repurchases	40,000		4,000
Supplemental Disclosures of Cash Flow Information
Cash paid for income taxes	0		470,000
Trading Securities, Current [Member]
Cash Flows from Investing Activities:
Proceeds on sale of trading securities at fair value, current	1,600,000		0
Trading Securities, Non-current [Member]
Cash Flows from Investing Activities:
Proceeds on sale of trading securities at fair value, current	$ 181,000		$ 0
[1]Represents the change in present value attributable to the passage of time included in interest income.

Note 1 - Revision of Previously

Note 1 - Revision of Previously Issued Consolidated Financial Statements	6 Months Ended
	Dec. 31, 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, three six December 31, 2022 not No. 48 740 10 99 108 not three six December 31, 2022 The following table sets forth the impact of correcting this error in the Company’s previously issued Consolidated Financial Statements. Six Months Ended December 31, 2022 Three Months Ended December 31, 2022 As As Previously Immaterial As Previously Immaterial As (dollars in thousands, except per share data) Reported Revisions Revised Reported Revisions Revised Tax expense (benefit) $ 296 $ 76 $ 372 $ 217 $ 22 $ 239 Net Income (Loss) $ 976 $ (76 ) $ 900 $ 869 $ (22 ) $ 847 Earnings Per Share Basic Net Income (Loss) per Share $ 0.07 $ (0.01 ) $ 0.06 $ 0.06 $ 0.00 $ 0.06 Diluted Net Income (Loss) per Share $ 0.07 $ (0.01 ) $ 0.06 $ 0.06 $ 0.00 $ 0.06 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 - Basis of Presentation

Note 2 - Basis of Presentation and Consolidation	6 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Basis of Accounting [Text Block]	NOTE 2. U.S. Global Investors, Inc. (the “Company” or “U.S. Global”) has prepared the Consolidated Financial Statements in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and the rules and regulations of the United States Securities and Exchange Commission (“SEC”) that permit reduced disclosure for interim periods. The financial information included herein reflects all adjustments (consisting solely of normal recurring adjustments), which are, in management’s opinion, necessary for a fair presentation of results for the interim periods presented. The Company has consistently followed the accounting policies set forth in the notes to the Consolidated Financial Statements in the Company’s Form 10 June 30, 2023 10 The Consolidated Financial Statements include the accounts of the Company and its wholly owned subsidiaries, U.S. Global Investors (Bermuda) Limited, U.S. Global Investors (Canada) Limited (“USCAN”), and U.S. Global Indices, LLC. There are two not The Company holds variable interests in, but is not 3 4 may 4 not not not not not December 31, 2023 June 30, 2023 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) December 31, 2023 June 30, 2023 Investments in securities at fair value, current $ 10,092 $ 11,642 Investments in equity securities at fair value, non-current 760 785 Other receivables 34 45 Total VIE assets, maximum exposure to loss $ 10,886 $ 12,472 Since the Company is not 50 not not All significant intercompany balances and transactions have been eliminated in consolidation. Certain amounts have been reclassified for comparative purposes. Due to rounding, the year-to-date amount may not not may June 30, 2024 ( 2024” The unaudited interim financial information in these Consolidated Financial Statements should be read in conjunction with the Consolidated Financial Statements contained in the Company’s annual report on Form 10 not Use of Estimates Preparation of the Consolidated Financial Statements in accordance with GAAP requires management to make estimates and assumptions that affect amounts reported in the Consolidated Financial Statements and accompanying notes. Actual results may Adoption of New Accounting Standard In June 2016, 2016 13, Financial Instruments Credit Losses (Topic 326 2016 13” 2016 13 July 1, 2023, one Recent Accounting Pronouncements In June 2022, 2022 03, Fair Value Measurement (Topic 820 2022 03” 820, 2022 03 December 15, 2023. not not In November 2023, 2023 07, Segment Reporting (Topic 280 2023 07” 2023 07 December 15, 2023, December 15, 2024, 2023 07 In December 2023, 2023 09, Income Taxes (Topic 740 2023 09” 2023 09 December 15, 2024. not 2023 09 Significant Accounting Policies 10 June 30, 2023. Investments in Debt Securities. Allowance for Credit Losses (Held-to-Maturity Debt Securities). 3 Allowance for Credit Losses (Available-for-Sale Debt Securities). first not not 3 Credit Quality Indicators. /Baa3 Receivables and Allowance for Credit Losses. may no December 31, 2023 June 30, 2023 Dividends and Interest. 180 not not

Note 3 - Investments

Note 3 - Investments	6 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Investments and Other Noncurrent Assets [Text Block]	NOTE 3. As of December 31, 2023 December 31, 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. 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 $10.9 million and $12.4 million as of December 31, 2023 June 30, 2023 December 31, 2023 June 30, 2023 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 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 tables summarize the major categories of investments with fair values adjusted on a recurring basis as of December 31, 2023 June 30, 2023 December 31, 2023 Significant Significant Quoted Other Unobservable Prices Inputs Inputs (dollars in thousands) (Level 1) (Level 2) (Level 3) Total Investments carried at fair value on a recurring basis: Investments in trading securities: Equity securities: Equities - International $ 443 $ - $ 2 $ 445 Mutual funds - Fixed income 10,092 - - 10,092 Mutual funds - Global equity 760 - - 760 Total equity securities 11,295 - 2 11,297 Debt securities: Corporate debt securities 260 - - 260 Total investments in trading securities: 11,555 - 2 11,557 Investments in available-for-sale debt securities: Corporate debt securities - Convertible debentures - - 5,784 5,784 Total investments carried at fair value on a recurring basis: $ 11,555 $ - $ 5,786 $ 17,341 Investments carried at fair value on a nonrecurring basis: Other investments (1) $ - $ - $ 435 $ 435 1. Other investments include equity securities without readily determinable fair values that were adjusted as a result of the measurement alternative on dates during the six December 31, 2023 3 June 30, 2023 Significant Significant Quoted Other Unobservable Prices Inputs Inputs (dollars in thousands) (Level 1) (Level 2) (Level 3) Total Investments carried at fair value on a recurring basis: Investments in trading securities: Equity securities: Equities - International $ 488 $ - $ 290 $ 778 Mutual funds - Fixed income 11,642 - - 11,642 Mutual funds - Global equity 785 - - 785 Total equity securities 12,915 - 290 13,205 Debt securities: Corporate debt securities - - - - Total investments in trading securities: 12,915 - 290 13,205 Investments in available-for-sale debt securities: Corporate debt securities - 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 1. Other investments include equity securities without readily determinable fair values that were adjusted as a result of the measurement alternative on dates during the fiscal year ended June 30, 2023 3 The securities classified as Level 3 January 2021. January 2026, January 2024, one one December 31, 2023 not December 31, 2023 June 30, 2023 December 31, 2023 August 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 $2,000 and $5.8 million, respectively, at December 31, 2023 June 30, 2023 The Company utilizes an independent third 3 3 six December 31, 2023 Changes in Level 3 Six Months Ended December 31, 2023 Investments in Investments in (dollars in thousands) equity securities debt securities Beginning Balance $ 290 $ 7,008 Principal repayments - (1,500 ) Amortization of day one premium - (96 ) Accretion of bifurcation discount - 284 Total gains or losses included in: Net Investment Income (Loss) (288 ) 576 Other Comprehensive Income (Loss) - (488 ) Ending Balance $ 2 $ 5,784 The following is quantitative information as of December 31, 2023 3 December 31, 2023 (dollars in thousands) Fair Value Principal Valuation Techniques Unobservable Inputs Investments in equity securities: Common share purchase warrants $ 2 Option pricing model Volatility 185.0 % Risk-Free Rate 4.66 % Investments in available-for-sale debt securities: Corporate debt securities - Convertible debentures $ 5,784 Binomial lattice model Volatility 100.0 % Credit Spread 9.90 % Risk-Free Rate 3.78 % Investments in Trading Securities at Fair Value Investments in trading securities with readily determinable fair values are carried at fair value, and changes in unrealized gains or losses are reported in the current period's earnings. The following details the components of the Company’s trading securities carried at fair value as of December 31, 2023 June 30, 2023 December 31, 2023 (dollars in thousands) Cost Unrealized Gains (Losses) Fair Value Trading securities at fair value Equity securities: Equities - International $ 6,595 $ (6,150 ) $ 445 Equities - Domestic 45 (45 ) - Mutual funds - Fixed income 10,280 (188 ) 10,092 Mutual funds - Global equity 929 (169 ) 760 Total equity securities 17,849 (6,552 ) 11,297 Debt securities: Corporate debt securities 215 45 260 Total trading securities at fair value $ 18,064 $ (6,507 ) $ 11,557 June 30, 2023 (dollars in thousands) Cost Unrealized Gains (Losses) Fair Value Trading securities at fair value Equity securities: 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 19,601 (6,396 ) 13,205 Debt securities: Corporate debt securities - - - Total trading securities at fair value $ 19,601 $ (6,396 ) $ 13,205 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, net of allowance for credit losses, 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 on available-for-sale debt securities 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 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 December 31, 2023 June 30, 2023 December 31, 2023 not not The following details the components of the Company’s available-for-sale debt investments as of December 31, 2023 June 30, 2023 December 31, 2023 (dollars in thousands) Amortized Cost Gross Unrealized Gains in Other Comprehensive Income (Loss) Gross Unrealized Losses in Other Comprehensive Income (Loss) Gross Unrealized Losses in Net Investment Income (Loss) (1) Fair Value Allowance for Credit Losses Available-for-sale debt securities: Corporate debt securities - Convertible debentures $ 7,056 $ 1,219 $ - $ (2,491 ) $ 5,784 $ - June 30, 2023 (dollars in thousands) Amortized Cost Gross Unrealized Gains in Other Comprehensive Income (Loss) Gross Unrealized Losses in Other Comprehensive Income (Loss) Gross Unrealized Losses in Net Investment Income (Loss) (1) Fair Value Allowance for Credit Losses Available-for-sale debt securities: Corporate debt securities - Convertible debentures $ 7,729 $ 1,707 $ - $ (2,428 ) $ 7,008 $ - 1. Represents changes in unrealized gains and losses related to embedded derivatives included within net investment income (loss) on the Consolidated Statements of Operations. The following table summarizes the fair values of embedded derivatives on the Consolidated Balance Sheets, categorized by risk exposure, at December 31, 2023 June 30, 2023 December 31, 2023 June 30, 2023 Other Assets Other Assets Investments in Investments in available-for-sale available-for-sale (dollars in thousands) debt securities debt securities Embedded Derivatives: Equity price risk exposure $ 51 $ 114 The following table presents the effect of embedded derivatives on the Consolidated Statements of Operations, categorized by risk exposure, for the three six December 31, 2023, 2022 Six Months Ended Three Months Ended December 31, December 31, 2023 2022 2023 2022 Other Income (Loss) Other Income (Loss) Other Income (Loss) Other Income (Loss) (dollars in thousands) Net Investment Income (Loss) Net Investment Income (Loss) Net Investment Income (Loss) Net Investment Income (Loss) Embedded Derivatives: Equity price risk exposure $ (63 ) $ 26 $ 16 $ 26 At December 31, 2023 June 30, 2023 one December 31, 2023 June 30, 2023 twelve December 31, 2023 not The following details the components of the Company’s held-to-maturity debt investments as of December 31, 2023 June 30, 2023 December 31, 2023 (dollars in thousands) Amortized Cost Gross Unrecognized Holding Gains Gross Unrecognized Holding Losses Fair Value Allowance for Credit Losses Held-to-maturity debt securities (1) Corporate debt securities $ 1,000 $ - $ (177 ) $ 823 $ 177 June 30, 2023 (dollars in thousands) Amortized Cost Gross Unrecognized Holding Gains Gross Unrecognized Holding Losses Fair Value Allowance for Credit Losses Held-to-maturity debt securities (1) Corporate debt securities $ 1,000 $ - $ (232 ) $ 768 $ - 1. Held-to-maturity debt investments are carried at amortized cost, net of allowance for credit losses, and the fair value is classified as Level 2 On July 1, 2023, 2016 13, 2016 13, may The Company monitors the credit quality of debt securities through credit ratings from various rating agencies. Credit ratings express opinions about the credit quality of a security and are utilized by the Company to make informed decisions. Investment grade securities are rated BBB- /Baa3 December 31, 2023 June 30, 2023 not Since the held-to-maturity debt security does not 2016 13 July 1, 2023, December 31, 2023 three six December 31, 2023 The following table presents the activity in the allowance for credit losses for the held-to-maturity debt investment. There was no June 30, 2023 (dollars in thousands) December 31, 2023 Beginning Balance, prior to adoption of ASU 2016-13 $ - Impact of ASU 2016-13 adoption 232 Provision for credit losses - reversal (1) (55 ) Ending Balance $ 177 1. Represents the change in present value attributable to the passage of time included in interest income. The following summarizes the net carrying amount and estimated fair value of debt securities at December 31, 2023 may December 31, 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 $ 7,056 $ 1,000 Fair Value $ 5,784 $ 823 1. Principal payments of $750,000 are due quarterly with a final maturity date in January 2026. As of December 31, 2023 none 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 carrying value of equity securities without readily determinable fair values was approximately $2.4 million as of June 30, 2023 December 31, 2023, 2022 Six Months Ended Three Months Ended December 31, December 31, (dollars in thousands) 2023 2022 2023 2022 Other Investments Carrying value $ 1,613 $ 2,633 $ 1,613 $ 2,633 Upward carrying value changes $ - $ 5 $ - $ 5 Downward carrying value changes/impairment $ (775 ) $ (1,841 ) $ - $ (2 ) 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 December 31, 2023 December 31, 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 December 31, 2023 June 30, 2023 July 2021, December 31, 2023 Net Investment Income (Loss) Net investment income (loss) from the Company’s investments includes: ● realized gains and losses on sales of securities; ● realized gains and losses on principal payment proceeds; ● unrealized gains and losses on securities at fair value; ● impairments and observable price changes on equity investments without readily determinable fair values; ● dividend and interest income; and ● realized foreign currency gains and losses. The following summarizes net investment income (loss) reflected in earnings for the periods presented. Six Months Ended Three Months Ended (dollars in thousands) December 31, December 31, Net Investment Income (Loss) 2023 2022 2023 2022 Realized gains (losses) on equity securities $ (740 ) $ - $ 79 $ - Realized gains (losses) on debt securities 639 905 303 436 Unrealized gains (losses) on equity securities (164 ) (2,868 ) 279 (937 ) Unrealized gains (losses) on debt securities 46 - 46 - Unrealized gains (losses) on embedded derivatives (63 ) 26 16 26 Unrealized gains (losses) on cash equivalents (2 ) - (2 ) - Dividend and interest income 1,185 900 603 481 Realized foreign currency gains (losses) 2 (307 ) 92 110 Total Net Investment Income (Loss) $ 903 $ (1,344 ) $ 1,416 $ 116 Realized gains on debt securities reclassified from other comprehensive income (loss) related to the Company's investment in HIVE debentures were $303,000 and $639,000 for the three six December 31, 2023 three six December 31, 2022 The following table presents unrealized gains and losses recognized during the three six December 31, 2023, 2022 Six Months Ended Three Months Ended December 31, December 31, (dollars in thousands) 2023 2022 2023 2022 Unrealized gains and losses for securities held at the reporting date: Equity securities: Net gains and losses recognized during the period $ (904 ) (2,868 ) $ 358 $ (937 ) Less: Net gains and losses recognized during the period on securities sold during the period 35 - 79 - Net unrealized gains (losses) recognized during the reporting period on securities still held at the reporting date (1) $ (939 ) $ (2,868 ) $ 279 $ (937 ) Debt securities classified as trading: Net gains and losses recognized during the period $ 46 - $ 46 $ - Less: Net gains and losses recognized during the period on securities sold during the period - - - - Net unrealized gains (losses) recognized during the reporting period on securities still held at the reporting date $ 46 $ - $ 46 $ - 1. Includes net unrealized and realized losses as a result of the measurement alternative of $0 and $775,000 for the three six December 31, 2023 three December 31, 2022 six December 31, 2022 Net investment income (loss) can be volatile and vary depending on market fluctuations, the Company’s ability to participate in investment opportunities, and the timing of transactions. The Company expects that gains and losses will continue to fluctuate in the future.

Note 4 - Investment Management

Note 4 - Investment Management and Other Fees	6 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Investment Management and Other Fees [Text Block]	NOTE 4. The following table presents operating revenues disaggregated by performance obligation. Six Months Ended Three Months Ended December 31, December 31, (dollars in thousands) 2023 2022 2023 2022 ETF advisory fees $ 5,171 $ 7,218 $ 2,462 $ 3,305 USGIF advisory fees 965 1,135 459 525 USGIF performance fees received (paid) (243 ) (281 ) (131 ) (135 ) Total Advisory Fees 5,893 8,072 2,790 3,695 USGIF administrative services fees 58 68 28 33 Total Operating Revenue $ 5,951 $ 8,140 $ 2,818 $ 3,728 The Company serves as investment advisor to three April 2024. three six December 31, 2023 three six December 31, 2022 one The Company serves as investment adviser to USGIF and receives a fee based on a specified percentage of average 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 when 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 three six December 31, 2023 three six December 31, 2022 The Company receives administrative service fees from USGIF based on an annual rate of 0.05 percent on the average daily net assets of each fund. As of December 31, 2023 June 30, 2023 December 31, 2023 June 30, 2023

Note 5 - Restricted and Unrestr

Note 5 - Restricted and Unrestricted Cash	6 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Cash and Cash Equivalents Disclosure [Text Block]	NOTE 5. 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 Consolidated Statements of Cash Flows is shown below. (dollars in thousands) December 31, 2023 June 30, 2023 Cash and cash equivalents $ 27,466 $ 25,401 Restricted cash 1,000 1,000 Total cash, cash equivalents, and restricted cash $ 28,466 $ 26,401

Note 6 - Leases

Note 6 - Leases	6 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Operating Leases [Text Block]	NOTE 6. The Company has lease agreements for office equipment that expire in the fiscal year 2026. three six December 31, 2023 three six December 31, 2022 The following table presents the components of lease cost. Six Months Ended Three Months Ended December 31, December 31, (dollars in thousands) 2023 2022 2023 2022 Finance lease cost: Amortization of right-of-use assets $ 15 $ 14 $ 8 $ 7 Interest on lease liabilities 1 2 - 1 Total finance lease cost 16 16 8 8 Short-term lease cost 50 40 25 25 Total lease cost $ 66 $ 56 $ 33 $ 33 Supplemental information related to the Company's leases follows. Six Months Ended Three Months Ended December 31, December 31, (dollars in thousands) 2023 2022 2023 2022 Operating cash flows from financing leases included in lease liabilities $ 1 $ 2 $ - $ 1 Financing cash flows from financing leases included in lease liabilities $ 15 $ 13 $ 8 $ 8 Additional qualitative information concerning the Company’s leases follows. December 31, 2023 June 30, 2023 Weighted-average remaining lease term - financing leases (years) 1.75 2.25 Weighted-average discount rate - financing leases 4.75 % 4.75 % The following table presents the maturities of lease liabilities as of December 31, 2023 (dollars in thousands) Fiscal Year Finance Leases 2024 (excluding the six months ended December 31, 2023) $ 16 2025 33 2026 8 Total lease payments 57 Less imputed interest (3 ) Total $ 54 The Company is the lessor of certain areas of its owned office building under operating leases expiring in various months through fiscal year 2025. no three six December 31, 2023 three six December 31, 2022 December 31, 2023 June 30, 2023 The following is a summary analysis of annual undiscounted cash flows to be received on leases as of December 31, 2023 (dollars in thousands) Fiscal Year Operating Leases 2024 (excluding the six months ended December 31, 2023) $ 21 2025 36 Total lease payments $ 57 The Company may one hundred eighty six

Note 7 - Debt

Note 7 - Debt	6 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Debt Disclosure [Text Block]	NOTE 7. The Company has access to a $1 million credit facility for working capital purposes. The credit agreement requires the Company to maintain certain covenants; the Company has been in compliance with these covenants during the current fiscal year. The credit agreement expires on May 31, 2024 December 31, 2023 December 31, 2023

Note 8 - Stockholders' Equity

Note 8 - Stockholders' Equity	6 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Shareholders' Equity and Share-Based Payments [Text Block]	NOTE 8. EQUITY Payment of cash dividends is within the discretion of the Company’s Board of Directors and is dependent on earnings, operations, capital requirements, general financial condition of the Company, and general business conditions. The dividend rate per share was $0.0075 per month for fiscal year 2023 December 2023 In December 2023 January March 2024 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 three six December 31, 2023 three six December 31, 2022 In August 2022, 1% January 1, 2023. three six December 31, 2023 The Company’s stock option plans provide for the granting of class A shares as either incentive or nonqualified stock options to employees and non-employee directors. Options are subject to terms and conditions determined by the Compensation Committee of the Board of Directors. At December 31, 2023, 2022 1989 1997 three six December 31, 2023 2022 three six December 31, 2023 three six December 31, 2022 Stock-based compensation expense is measured at the grant date based on the fair value of the award, and the cost is recognized as expense ratably over the award’s vesting period. There was no stock-based compensation expense for the three six December 31, 2023 2022 December 31, 2023, 2022

Note 9 - Earnings Per Share

Note 9 - Earnings Per Share	6 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Earnings Per Share [Text Block]	NOTE 9. The basic earnings per share (“EPS”) calculation excludes dilution and is computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution of EPS that could occur if options to issue common stock were exercised. The following table sets forth the computation for basic and diluted EPS. Six Months Ended Three Months Ended December 31, December 31, (dollars in thousands, except per share data) 2023 2022 2023 2022 Net Income (Loss) $ 1,053 $ 900 $ 1,229 $ 847 Weighted average number of outstanding shares Basic 14,378,419 14,919,317 14,291,328 14,889,946 Effect of dilutive securities Stock options 132 376 68 85 Diluted 14,378,551 14,919,693 14,291,396 14,890,031 Earnings (Loss) Per Share Basic Net Income (Loss) per share $ 0.07 $ 0.06 $ 0.09 $ 0.06 Diluted Net Income (Loss) per share $ 0.07 $ 0.06 $ 0.09 $ 0.06 The diluted EPS calculation excludes the effect of stock options when their exercise prices exceed the average market price for the period, as their inclusion would be anti-dilutive. For the three six December 31, 2023 2022 During the three six December 31, 2023 2022

Note 10 - Income Taxes

Note 10 - Income Taxes	6 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Income Tax Disclosure [Text Block]	NOTE 10. The Company and its non-Canadian subsidiaries file a consolidated U.S. federal income tax return. USCAN files a separate tax return in Canada. Provisions for income taxes include deferred taxes for temporary differences in the bases of assets and liabilities for financial and tax purposes resulting from the use of the liability method of accounting for income taxes. Income tax expense for the quarter is based upon the estimated annual ordinary income in each jurisdiction in which the Company operates. The tax effects of discrete items are recognized in the tax provision in the period they occur in accordance with U.S. GAAP. Due to various factors, such as the item’s significance in relation to total ordinary income and the rate of tax, discrete items in any quarter can materially impact the reported effective tax rate. For U.S. federal income tax purposes at December 31, 2023 2043 A valuation allowance is provided when it is more likely than not not December 31, 2023 June 30, 2023 The Company maintains a reserve for uncertain tax positions for income tax matters. The Company believes the reserve for uncertain tax positions, including interest and penalties, and net of federal benefits, of $546,000 adequately covers open tax years and uncertain tax positions up to and including December 31, 2023 December 31, 2023

Note 11 - Accumulated Other Com

Note 11 - Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	NOTE 11. The following table presents the change in accumulated other comprehensive income (loss) (“AOCI”) by component. (dollars in thousands) Unrealized gains (losses) on available-for-sale investments Six Months Ended December 31, 2023 Balance at June 30, 2023 $ 1,348 Other comprehensive income (loss) before reclassifications 151 Tax effect (31 ) Amount reclassified from AOCI (639 ) Tax effect 134 Net other comprehensive income (loss) (385 ) Balance at December 31, 2023 $ 963 Six Months Ended December 31, 2022 Balance at June 30, 2022 $ 3,624 Other comprehensive income (loss) before reclassifications (1,290 ) Tax effect 271 Amount reclassified from AOCI (905 ) Tax effect 190 Net other comprehensive income (loss) (1,734 ) Balance at December 31, 2022 $ 1,890

Note 12 - Financial Information

Note 12 - Financial Information by Business Segment	6 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	NOTE 12. The Company operates principally in two (dollars in thousands) Investment Management Services Corporate Investments Consolidated Six Months Ended December 31, 2023 Net operating revenues $ 5,951 $ - $ 5,951 Net investment income (loss) $ - $ 903 $ 903 Other income (loss) $ 115 $ - $ 115 Income (loss) before income taxes $ 553 $ 871 $ 1,424 Depreciation $ 123 $ - $ 123 Gross identifiable assets at December 31, 2023 $ 27,417 $ 24,085 $ 51,502 Deferred tax asset $ 2,130 Consolidated total assets at December 31, 2023 $ 53,632 Six Months Ended December 31, 2022 Net operating revenues $ 8,140 $ - $ 8,140 Net investment income (loss) $ - $ (1,344 ) $ (1,344 ) Other income (loss) $ 123 $ - $ 123 Income (loss) before income taxes $ 2,646 $ (1,374 ) $ 1,272 Depreciation $ 122 $ - $ 122 Gross identifiable assets at December 31, 2022 $ 23,952 $ 29,390 $ 53,342 Deferred tax asset $ 1,609 Consolidated total assets at December 31, 2022 $ 54,951 Three Months Ended December 31, 2023 Net operating revenues $ 2,818 $ - $ 2,818 Net investment income (loss) $ - $ 1,416 $ 1,416 Other income (loss) $ 57 $ - $ 57 Income (loss) before income taxes $ 266 $ 1,399 $ 1,665 Depreciation $ 62 $ - $ 62 Three Months Ended December 31, 2022 Net operating revenues $ 3,728 $ - $ 3,728 Net investment income (loss) $ - $ 116 $ 116 Other income (loss) $ 62 $ - $ 62 Income (loss) before income taxes $ 985 $ 101 $ 1,086 Depreciation $ 61 $ - $ 61 Net operating revenues from investment management services includes operating revenues from ETF clients of $2.5 million and $5.2 million for the three six December 31, 2023 three six December 31, 2022 three six December 31, 2023 three six December 31, 2022

Note 13 - Contingencies and Com

Note 13 - Contingencies and Commitments	6 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE 13. The Company continuously reviews investor, employee and vendor complaints, and pending or threatened litigation. The likelihood that a loss contingency exists is evaluated through consultation with legal counsel, and a loss contingency is recorded if probable and reasonably estimable. During the normal course of business, the Company may may not no December 31, 2023 June 30, 2023 The Board has authorized a monthly dividend of $0.0075 per share through March 2024 January March 2024 The COVID- 19 may

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Use of Estimates, Policy [Policy Text Block]	Use of Estimates Preparation of the Consolidated Financial Statements in accordance with GAAP requires management to make estimates and assumptions that affect amounts reported in the Consolidated Financial Statements and accompanying notes. Actual results may
New Accounting Pronouncements, Policy [Policy Text Block]	Adoption of New Accounting Standard In June 2016, 2016 13, Financial Instruments Credit Losses (Topic 326 2016 13” 2016 13 July 1, 2023, one Recent Accounting Pronouncements In June 2022, 2022 03, Fair Value Measurement (Topic 820 2022 03” 820, 2022 03 December 15, 2023. not not In November 2023, 2023 07, Segment Reporting (Topic 280 2023 07” 2023 07 December 15, 2023, December 15, 2024, 2023 07 In December 2023, 2023 09, Income Taxes (Topic 740 2023 09” 2023 09 December 15, 2024. not 2023 09
Investment, Policy [Policy Text Block]	Investments in Debt Securities. Allowance for Credit Losses (Held-to-Maturity Debt Securities). 3 Allowance for Credit Losses (Available-for-Sale Debt Securities). first not not 3 Credit Quality Indicators. /Baa3
Accounts Receivable [Policy Text Block]	Receivables and Allowance for Credit Losses. may no December 31, 2023 June 30, 2023
Dividends and Interest [Policy Text Block]	Dividends and Interest. 180 not not

Note 1 - Revision of Previous_2

Note 1 - Revision of Previously Issued Consolidated Financial Statements (Tables)	6 Months Ended
	Dec. 31, 2023
Notes Tables
Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]	Six Months Ended December 31, 2022 Three Months Ended December 31, 2022 As As Previously Immaterial As Previously Immaterial As (dollars in thousands, except per share data) Reported Revisions Revised Reported Revisions Revised Tax expense (benefit) $ 296 $ 76 $ 372 $ 217 $ 22 $ 239 Net Income (Loss) $ 976 $ (76 ) $ 900 $ 869 $ (22 ) $ 847 Earnings Per Share Basic Net Income (Loss) per Share $ 0.07 $ (0.01 ) $ 0.06 $ 0.06 $ 0.00 $ 0.06 Diluted Net Income (Loss) per Share $ 0.07 $ (0.01 ) $ 0.06 $ 0.06 $ 0.00 $ 0.06

Note 2 - Basis of Presentatio_2

Note 2 - Basis of Presentation and Consolidation (Tables)	6 Months Ended
	Dec. 31, 2023
Notes Tables
Schedule of Variable Interest Entities [Table Text Block]	Carrying Value and Maximum Exposure to Loss (dollars in thousands) December 31, 2023 June 30, 2023 Investments in securities at fair value, current $ 10,092 $ 11,642 Investments in equity securities at fair value, non-current 760 785 Other receivables 34 45 Total VIE assets, maximum exposure to loss $ 10,886 $ 12,472

Note 3 - Investments (Tables)

Note 3 - Investments (Tables)	6 Months Ended
	Dec. 31, 2023
Notes Tables
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	December 31, 2023 Significant Significant Quoted Other Unobservable Prices Inputs Inputs (dollars in thousands) (Level 1) (Level 2) (Level 3) Total Investments carried at fair value on a recurring basis: Investments in trading securities: Equity securities: Equities - International $ 443 $ - $ 2 $ 445 Mutual funds - Fixed income 10,092 - - 10,092 Mutual funds - Global equity 760 - - 760 Total equity securities 11,295 - 2 11,297 Debt securities: Corporate debt securities 260 - - 260 Total investments in trading securities: 11,555 - 2 11,557 Investments in available-for-sale debt securities: Corporate debt securities - Convertible debentures - - 5,784 5,784 Total investments carried at fair value on a recurring basis: $ 11,555 $ - $ 5,786 $ 17,341 Investments carried at fair value on a nonrecurring basis: Other investments (1) $ - $ - $ 435 $ 435 June 30, 2023 Significant Significant Quoted Other Unobservable Prices Inputs Inputs (dollars in thousands) (Level 1) (Level 2) (Level 3) Total Investments carried at fair value on a recurring basis: Investments in trading securities: Equity securities: Equities - International $ 488 $ - $ 290 $ 778 Mutual funds - Fixed income 11,642 - - 11,642 Mutual funds - Global equity 785 - - 785 Total equity securities 12,915 - 290 13,205 Debt securities: Corporate debt securities - - - - Total investments in trading securities: 12,915 - 290 13,205 Investments in available-for-sale debt securities: Corporate debt securities - 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
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	Six Months Ended December 31, 2023 Investments in Investments in (dollars in thousands) equity securities debt securities Beginning Balance $ 290 $ 7,008 Principal repayments - (1,500 ) Amortization of day one premium - (96 ) Accretion of bifurcation discount - 284 Total gains or losses included in: Net Investment Income (Loss) (288 ) 576 Other Comprehensive Income (Loss) - (488 ) Ending Balance $ 2 $ 5,784
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]	December 31, 2023 (dollars in thousands) Fair Value Principal Valuation Techniques Unobservable Inputs Investments in equity securities: Common share purchase warrants $ 2 Option pricing model Volatility 185.0 % Risk-Free Rate 4.66 % Investments in available-for-sale debt securities: Corporate debt securities - Convertible debentures $ 5,784 Binomial lattice model Volatility 100.0 % Credit Spread 9.90 % Risk-Free Rate 3.78 %
Debt Securities, Trading, and Equity Securities, FV-NI [Table Text Block]	December 31, 2023 (dollars in thousands) Cost Unrealized Gains (Losses) Fair Value Trading securities at fair value Equity securities: Equities - International $ 6,595 $ (6,150 ) $ 445 Equities - Domestic 45 (45 ) - Mutual funds - Fixed income 10,280 (188 ) 10,092 Mutual funds - Global equity 929 (169 ) 760 Total equity securities 17,849 (6,552 ) 11,297 Debt securities: Corporate debt securities 215 45 260 Total trading securities at fair value $ 18,064 $ (6,507 ) $ 11,557 June 30, 2023 (dollars in thousands) Cost Unrealized Gains (Losses) Fair Value Trading securities at fair value Equity securities: 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 19,601 (6,396 ) 13,205 Debt securities: Corporate debt securities - - - Total trading securities at fair value $ 19,601 $ (6,396 ) $ 13,205 December 31, 2023 (dollars in thousands) Amortized Cost Gross Unrealized Gains in Other Comprehensive Income (Loss) Gross Unrealized Losses in Other Comprehensive Income (Loss) Gross Unrealized Losses in Net Investment Income (Loss) (1) Fair Value Allowance for Credit Losses Available-for-sale debt securities: Corporate debt securities - Convertible debentures $ 7,056 $ 1,219 $ - $ (2,491 ) $ 5,784 $ - June 30, 2023 (dollars in thousands) Amortized Cost Gross Unrealized Gains in Other Comprehensive Income (Loss) Gross Unrealized Losses in Other Comprehensive Income (Loss) Gross Unrealized Losses in Net Investment Income (Loss) (1) Fair Value Allowance for Credit Losses Available-for-sale debt securities: Corporate debt securities - Convertible debentures $ 7,729 $ 1,707 $ - $ (2,428 ) $ 7,008 $ - December 31, 2023 (dollars in thousands) Amortized Cost Gross Unrecognized Holding Gains Gross Unrecognized Holding Losses Fair Value Allowance for Credit Losses Held-to-maturity debt securities (1) Corporate debt securities $ 1,000 $ - $ (177 ) $ 823 $ 177 June 30, 2023 (dollars in thousands) Amortized Cost Gross Unrecognized Holding Gains Gross Unrecognized Holding Losses Fair Value Allowance for Credit Losses Held-to-maturity debt securities (1) Corporate debt securities $ 1,000 $ - $ (232 ) $ 768 $ -
Schedule of Derivative Instruments [Table Text Block]	December 31, 2023 June 30, 2023 Other Assets Other Assets Investments in Investments in available-for-sale available-for-sale (dollars in thousands) debt securities debt securities Embedded Derivatives: Equity price risk exposure $ 51 $ 114 Six Months Ended Three Months Ended December 31, December 31, 2023 2022 2023 2022 Other Income (Loss) Other Income (Loss) Other Income (Loss) Other Income (Loss) (dollars in thousands) Net Investment Income (Loss) Net Investment Income (Loss) Net Investment Income (Loss) Net Investment Income (Loss) Embedded Derivatives: Equity price risk exposure $ (63 ) $ 26 $ 16 $ 26
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Table Text Block]	(dollars in thousands) December 31, 2023 Beginning Balance, prior to adoption of ASU 2016-13 $ - Impact of ASU 2016-13 adoption 232 Provision for credit losses - reversal (1) (55 ) Ending Balance $ 177
Investments Classified by Contractual Maturity Date [Table Text Block]	December 31, 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 $ 7,056 $ 1,000 Fair Value $ 5,784 $ 823
Equity Securities without Readily Determinable Fair Value [Table Text Block]	Six Months Ended Three Months Ended December 31, December 31, (dollars in thousands) 2023 2022 2023 2022 Other Investments Carrying value $ 1,613 $ 2,633 $ 1,613 $ 2,633 Upward carrying value changes $ - $ 5 $ - $ 5 Downward carrying value changes/impairment $ (775 ) $ (1,841 ) $ - $ (2 )
Investment Income [Table Text Block]	Six Months Ended Three Months Ended (dollars in thousands) December 31, December 31, Net Investment Income (Loss) 2023 2022 2023 2022 Realized gains (losses) on equity securities $ (740 ) $ - $ 79 $ - Realized gains (losses) on debt securities 639 905 303 436 Unrealized gains (losses) on equity securities (164 ) (2,868 ) 279 (937 ) Unrealized gains (losses) on debt securities 46 - 46 - Unrealized gains (losses) on embedded derivatives (63 ) 26 16 26 Unrealized gains (losses) on cash equivalents (2 ) - (2 ) - Dividend and interest income 1,185 900 603 481 Realized foreign currency gains (losses) 2 (307 ) 92 110 Total Net Investment Income (Loss) $ 903 $ (1,344 ) $ 1,416 $ 116
Unrealized Gain (Loss) on Investments [Table Text Block]	Six Months Ended Three Months Ended December 31, December 31, (dollars in thousands) 2023 2022 2023 2022 Unrealized gains and losses for securities held at the reporting date: Equity securities: Net gains and losses recognized during the period $ (904 ) (2,868 ) $ 358 $ (937 ) Less: Net gains and losses recognized during the period on securities sold during the period 35 - 79 - Net unrealized gains (losses) recognized during the reporting period on securities still held at the reporting date (1) $ (939 ) $ (2,868 ) $ 279 $ (937 ) Debt securities classified as trading: Net gains and losses recognized during the period $ 46 - $ 46 $ - Less: Net gains and losses recognized during the period on securities sold during the period - - - - Net unrealized gains (losses) recognized during the reporting period on securities still held at the reporting date $ 46 $ - $ 46 $ -

Note 4 - Investment Managemen_2

Note 4 - Investment Management and Other Fees (Tables)	6 Months Ended
	Dec. 31, 2023
Notes Tables
Disaggregation of Revenue [Table Text Block]	Six Months Ended Three Months Ended December 31, December 31, (dollars in thousands) 2023 2022 2023 2022 ETF advisory fees $ 5,171 $ 7,218 $ 2,462 $ 3,305 USGIF advisory fees 965 1,135 459 525 USGIF performance fees received (paid) (243 ) (281 ) (131 ) (135 ) Total Advisory Fees 5,893 8,072 2,790 3,695 USGIF administrative services fees 58 68 28 33 Total Operating Revenue $ 5,951 $ 8,140 $ 2,818 $ 3,728

Note 5 - Restricted and Unres_2

Note 5 - Restricted and Unrestricted Cash (Tables)	6 Months Ended
	Dec. 31, 2023
Notes Tables
Restrictions on Cash and Cash Equivalents [Table Text Block]	(dollars in thousands) December 31, 2023 June 30, 2023 Cash and cash equivalents $ 27,466 $ 25,401 Restricted cash 1,000 1,000 Total cash, cash equivalents, and restricted cash $ 28,466 $ 26,401

Note 6 - Leases (Tables)

Note 6 - Leases (Tables)	6 Months Ended
	Dec. 31, 2023
Notes Tables
Lease, Cost [Table Text Block]	Six Months Ended Three Months Ended December 31, December 31, (dollars in thousands) 2023 2022 2023 2022 Finance lease cost: Amortization of right-of-use assets $ 15 $ 14 $ 8 $ 7 Interest on lease liabilities 1 2 - 1 Total finance lease cost 16 16 8 8 Short-term lease cost 50 40 25 25 Total lease cost $ 66 $ 56 $ 33 $ 33 Six Months Ended Three Months Ended December 31, December 31, (dollars in thousands) 2023 2022 2023 2022 Operating cash flows from financing leases included in lease liabilities $ 1 $ 2 $ - $ 1 Financing cash flows from financing leases included in lease liabilities $ 15 $ 13 $ 8 $ 8 December 31, 2023 June 30, 2023 Weighted-average remaining lease term - financing leases (years) 1.75 2.25 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 (excluding the six months ended December 31, 2023) $ 16 2025 33 2026 8 Total lease payments 57 Less imputed interest (3 ) Total $ 54
Lessor, Operating Lease, Payment to be Received, Maturity [Table Text Block]	(dollars in thousands) Fiscal Year Operating Leases 2024 (excluding the six months ended December 31, 2023) $ 21 2025 36 Total lease payments $ 57

Note 9 - Earnings Per Share (Ta

Note 9 - Earnings Per Share (Tables)	6 Months Ended
	Dec. 31, 2023
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Six Months Ended Three Months Ended December 31, December 31, (dollars in thousands, except per share data) 2023 2022 2023 2022 Net Income (Loss) $ 1,053 $ 900 $ 1,229 $ 847 Weighted average number of outstanding shares Basic 14,378,419 14,919,317 14,291,328 14,889,946 Effect of dilutive securities Stock options 132 376 68 85 Diluted 14,378,551 14,919,693 14,291,396 14,890,031 Earnings (Loss) Per Share Basic Net Income (Loss) per share $ 0.07 $ 0.06 $ 0.09 $ 0.06 Diluted Net Income (Loss) per share $ 0.07 $ 0.06 $ 0.09 $ 0.06

Note 11 - Accumulated Other C_2

Note 11 - Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Dec. 31, 2023
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	(dollars in thousands) Unrealized gains (losses) on available-for-sale investments Six Months Ended December 31, 2023 Balance at June 30, 2023 $ 1,348 Other comprehensive income (loss) before reclassifications 151 Tax effect (31 ) Amount reclassified from AOCI (639 ) Tax effect 134 Net other comprehensive income (loss) (385 ) Balance at December 31, 2023 $ 963 Six Months Ended December 31, 2022 Balance at June 30, 2022 $ 3,624 Other comprehensive income (loss) before reclassifications (1,290 ) Tax effect 271 Amount reclassified from AOCI (905 ) Tax effect 190 Net other comprehensive income (loss) (1,734 ) Balance at December 31, 2022 $ 1,890

Note 12 - Financial Informati_2

Note 12 - Financial Information by Business Segment (Tables)	6 Months Ended
	Dec. 31, 2023
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	(dollars in thousands) Investment Management Services Corporate Investments Consolidated Six Months Ended December 31, 2023 Net operating revenues $ 5,951 $ - $ 5,951 Net investment income (loss) $ - $ 903 $ 903 Other income (loss) $ 115 $ - $ 115 Income (loss) before income taxes $ 553 $ 871 $ 1,424 Depreciation $ 123 $ - $ 123 Gross identifiable assets at December 31, 2023 $ 27,417 $ 24,085 $ 51,502 Deferred tax asset $ 2,130 Consolidated total assets at December 31, 2023 $ 53,632 Six Months Ended December 31, 2022 Net operating revenues $ 8,140 $ - $ 8,140 Net investment income (loss) $ - $ (1,344 ) $ (1,344 ) Other income (loss) $ 123 $ - $ 123 Income (loss) before income taxes $ 2,646 $ (1,374 ) $ 1,272 Depreciation $ 122 $ - $ 122 Gross identifiable assets at December 31, 2022 $ 23,952 $ 29,390 $ 53,342 Deferred tax asset $ 1,609 Consolidated total assets at December 31, 2022 $ 54,951 Three Months Ended December 31, 2023 Net operating revenues $ 2,818 $ - $ 2,818 Net investment income (loss) $ - $ 1,416 $ 1,416 Other income (loss) $ 57 $ - $ 57 Income (loss) before income taxes $ 266 $ 1,399 $ 1,665 Depreciation $ 62 $ - $ 62 Three Months Ended December 31, 2022 Net operating revenues $ 3,728 $ - $ 3,728 Net investment income (loss) $ - $ 116 $ 116 Other income (loss) $ 62 $ - $ 62 Income (loss) before income taxes $ 985 $ 101 $ 1,086 Depreciation $ 61 $ - $ 61

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	3 Months Ended				6 Months Ended
	Dec. 31, 2023	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2023	Dec. 31, 2022
Tax expense (benefit)	$ 436		$ 239		$ 371	$ 372
Net Income (Loss)	$ 1,229	$ (176)	$ 847	$ 53	$ 1,053	$ 900
Basic Net Income (Loss) per Share (in dollars per share)	$ 0.09		$ 0.06		$ 0.07	$ 0.06
Diluted Net Income (Loss) per Share (in dollars per share)	$ 0.09		$ 0.06		$ 0.07	$ 0.06
Previously Reported [Member]
Tax expense (benefit)			$ 217			$ 296
Net Income (Loss)			$ 869			$ 976
Basic Net Income (Loss) per Share (in dollars per share)			$ 0.06			$ 0.07
Diluted Net Income (Loss) per Share (in dollars per share)			$ 0.06			$ 0.07
Revision of Prior Period, Adjustment [Member]
Tax expense (benefit)			$ 22			$ 76
Net Income (Loss)			$ (22)			$ (76)
Basic Net Income (Loss) per Share (in dollars per share)			$ 0			$ (0.01)
Diluted Net Income (Loss) per Share (in dollars per share)			$ 0			$ (0.01)

Note 2 - Basis of Presentatio_3

Note 2 - Basis of Presentation and Consolidation (Details Textual) - USD ($)	Dec. 31, 2023	Jul. 01, 2023	Jun. 30, 2023
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount	$ 10,900,000		$ 12,500,000
Debt Securities, Held-to-Maturity, Allowance for Credit Loss, Noncurrent	177,000		0
Retained Earnings (Accumulated Deficit)	$ 37,975,000		$ 37,747,000
Accounting Standards Update 2016-13 [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss, Noncurrent		$ 232,000
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Retained Earnings (Accumulated Deficit)		$ (183,000)

Note 2 - Basis of Presentatio_4

Note 2 - Basis of Presentation - Carrying Amount of Assets and Liabilities associated with VIE's (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2022
Investments in securities at fair value, current	$ 10,092	$ 11,642
Total VIE assets, maximum exposure to loss	53,632	55,673	$ 54,951
Variable Interest Entity, Not Primary Beneficiary [Member]
Investments in securities at fair value, current	10,092	11,642
Investments in equity securities at fair value, non-current	760	785
Other receivables	34	45
Total VIE assets, maximum exposure to loss	$ 10,886	$ 12,472

Note 3 - Investments (Details T

Note 3 - Investments (Details Textual)		3 Months Ended			6 Months Ended
		Dec. 31, 2023 USD ($) $ / shares shares		Dec. 31, 2022 USD ($)	Dec. 31, 2023 USD ($) $ / shares shares		Dec. 31, 2022 USD ($)	Dec. 31, 2023 $ / shares	Jun. 30, 2023 USD ($)	Mar. 31, 2021 $ / shares shares	Jan. 31, 2021 USD ($) $ / shares
Investment Owned, Fair Value		$ 17,300,000			$ 17,300,000
Investment Owned, Cost		$ 25,100,000			$ 25,100,000
Value of Fair Value Investments to Company Assets, Percent		32.30%			32.30%
Equity Securities without Readily Determinable Fair Value, Amount		$ 1,613,000		$ 2,633,000	$ 1,613,000		$ 2,633,000		$ 2,388,000
Debt Securities, Held-to-Maturity, Amortized Cost, after Allowance for Credit Loss		823,000			823,000
Equity Securities, FV-NI, Total		11,297,000			11,297,000				13,205,000
Debt Securities, Available-for-Sale, Total	[1]	5,784,000			5,784,000
OCI, Debt Securities, Available-for-Sale, Unrealized Holding Gain (Loss), before Adjustment, after Tax		68,000		(904,000)	120,000		(1,019,000)
Debt Securities, Held-to-Maturity, Accumulated Unrecognized Loss		177,000	[2]		177,000	[2]			232,000
Debt Securities, Held-to-Maturity, Allowance for Credit Loss, Period Increase (Decrease)					(55,000)
Debt Securities, Held-to-Maturity, Credit Loss Expense (Reversal)		(28,000)			(55,000)	[3]	0
Debt Securities, Available-for-Sale, Periodic Principal Payments					750,000
Equity Securities without Readily Determinable Fair Value, Downward Price Adjustment, Cumulative Amount		4,500,000			4,500,000				2,400,000
Equity Securities without Readily Determinable Fair Value, Upward Price Adjustment, Cumulative Amount		2,500,000			2,500,000
Realized Gain (Loss) on Principal Payment Proceeds		303,000		436,000	639,000		905,000
Equity Securities Without Readily Determinable Fair Values, Unrealized Gain (Loss)		0		$ (5,000)	(775,000)		$ (1,800,000)
Fair Value, Inputs, Level 3 [Member]
Equity Securities, FV-NI, Total		2,000			2,000				290,000
U S Global Investors Funds [Member]
Investment Owned, Fair Value		10,900,000			10,900,000				12,400,000
HIVE Blockchain Technologies Ltd. [Member] | Convertible Securities [Member]
Investment Owned, Balance, Principal Amount											$ 15,000,000
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		5,800,000			5,800,000				7,300,000
HIVE Blockchain Technologies Ltd. [Member] | Unsecured Convertible Debentures [Member]
Debt Securities, Available-for-Sale, Total		$ 5,800,000			5,800,000				7,000,000
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%
Debt Instrument, Convertible, Conversion Price (in dollars per share) | $ / shares		$ 11.7			$ 11.7						$ 2.34
HIVE Blockchain Technologies Ltd. [Member] | Common Shares Purchase Warrants [Member]
Investment, Common Share Purchase Warrants (in shares) | shares										5,000,000
Class of Warrant or Right, Exercise Price of Warrants or Rights (in CAD per share) | $ / shares								$ 15		$ 3
Class of Warrant or Right, Number of Securities Called by Each Warrant or Right (in shares) | shares		5			5
Equity Securities, FV-NI, Total		$ 2,000			$ 2,000				290,000
HIVE Blockchain Technologies Ltd. [Member] | Common Shares Purchase Warrants [Member] | Estimate of Fair Value Measurement [Member]
Equity Securities, FV-NI, Total		5,900,000			5,900,000
Debt Securities, Available-for-Sale, Total		16,000,000			16,000,000
HIVE Blockchain Technologies Ltd. [Member] | Convertible Securities [Member]
Investment Owned, Balance, Principal Amount		6,100,000			6,100,000
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
Investment Owned, Direct Percentage		2.80%			2.80%
[1]Principal payments of $750,000 are due quarterly with a final maturity date in January 2026.[2]Held-to-maturity debt investments are carried at amortized cost, net of allowance for credit losses, and the fair value is classified as Level 2 according to the fair value hierarchy.[3]Represents the change in present value attributable to the passage of time included in interest income.

Note 3 - Investments - Investme

Note 3 - Investments - Investments With Fair Values Adjusted on Recurring Basis (Details) - USD ($) $ in Thousands		Dec. 31, 2023	Jun. 30, 2023
Investments in equity securities		$ 11,297	$ 13,205
Total investments in trading securities:		11,557	13,205
Investments in debt securities	[1]	5,784
Corporate Debt Securities [Member]
Corporate debt securities, fair value		260	0
Convertible Debt Securities [Member]
Investments in debt securities		5,784	7,008
Fair Value, Recurring [Member]
Total investments carried at fair value		17,341	20,213
Fair Value, Nonrecurring [Member]
Total investments carried at fair value	[2]	435	1,786
Equity Securities International [Member]
Investments in equity securities		445	778
Equity Securities International [Member] | Fair Value, Recurring [Member]
Investments in equity securities		445	778
Mutual Funds Fixed Income [Member]
Investments in equity securities		10,092	11,642
Mutual Funds Fixed Income [Member] | Fair Value, Recurring [Member]
Investments in equity securities		10,092	11,642
Mutual Funds Global Equity [Member]
Investments in equity securities		760	785
Mutual Funds Global Equity [Member] | Fair Value, Recurring [Member]
Investments in equity securities		760	785
Fair Value, Inputs, Level 1 [Member]
Investments in equity securities		11,295	12,915
Total investments in trading securities:		11,555	12,915
Fair Value, Inputs, Level 1 [Member] | Corporate Debt Securities [Member]
Corporate debt securities, fair value		260	0
Fair Value, Inputs, Level 1 [Member] | Convertible Debt Securities [Member]
Investments in debt securities		0	0
Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member]
Total investments carried at fair value		11,555	12,915
Fair Value, Inputs, Level 1 [Member] | Fair Value, Nonrecurring [Member]
Total investments carried at fair value	[2]	0	0
Fair Value, Inputs, Level 1 [Member] | Equity Securities International [Member] | Fair Value, Recurring [Member]
Investments in equity securities		443	488
Fair Value, Inputs, Level 1 [Member] | Mutual Funds Fixed Income [Member] | Fair Value, Recurring [Member]
Investments in equity securities		10,092	11,642
Fair Value, Inputs, Level 1 [Member] | Mutual Funds Global Equity [Member] | Fair Value, Recurring [Member]
Investments in equity securities		760	785
Fair Value, Inputs, Level 2 [Member]
Investments in equity securities		0	0
Total investments in trading securities:		0	0
Fair Value, Inputs, Level 2 [Member] | Corporate Debt Securities [Member]
Corporate debt securities, fair value		0	0
Fair Value, Inputs, Level 2 [Member] | Convertible Debt Securities [Member]
Investments in debt securities		0	0
Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member]
Total investments carried at fair value		0	0
Fair Value, Inputs, Level 2 [Member] | Fair Value, Nonrecurring [Member]
Total investments carried at fair value	[2]	0	0
Fair Value, Inputs, Level 2 [Member] | Equity Securities International [Member] | Fair Value, Recurring [Member]
Investments in equity securities		0	0
Fair Value, Inputs, Level 2 [Member] | Mutual Funds Fixed Income [Member] | Fair Value, Recurring [Member]
Investments in equity securities		0	0
Fair Value, Inputs, Level 2 [Member] | Mutual Funds Global Equity [Member] | Fair Value, Recurring [Member]
Investments in equity securities		0	0
Fair Value, Inputs, Level 3 [Member]
Investments in equity securities		2	290
Total investments in trading securities:		2	290
Fair Value, Inputs, Level 3 [Member] | Corporate Debt Securities [Member]
Corporate debt securities, fair value		0	0
Fair Value, Inputs, Level 3 [Member] | Convertible Debt Securities [Member]
Investments in debt securities		5,784	7,008
Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member]
Total investments carried at fair value		5,786	7,298
Fair Value, Inputs, Level 3 [Member] | Fair Value, Nonrecurring [Member]
Total investments carried at fair value	[2]	435	1,786
Fair Value, Inputs, Level 3 [Member] | Equity Securities International [Member] | Fair Value, Recurring [Member]
Investments in equity securities		2	290
Fair Value, Inputs, Level 3 [Member] | Mutual Funds Fixed Income [Member] | Fair Value, Recurring [Member]
Investments in equity securities		0	0
Fair Value, Inputs, Level 3 [Member] | Mutual Funds Global Equity [Member] | Fair Value, Recurring [Member]
Investments in equity securities		$ 0	$ 0
[1]Principal payments of $750,000 are due quarterly with a final maturity date in January 2026.[2]Other investments include equity securities without readily determinable fair values that were adjusted as a result of the measurement alternative on dates during the three months ended September 30, 2022. These securities are classified as level 3 due to the infrequency of the observable price changes and/or restrictions on the shares.

Note 3 - Investments - Reconcil

Note 3 - Investments - Reconciliation of Investments Recorded at Fair Value (Details) $ in Thousands	6 Months Ended
	Dec. 31, 2023 USD ($)
Equity Securities [Member]
Beginning Balance	$ 290
Principal repayments	0
Amortization of day one premium	0
Accretion of bifurcation discount	0
Net Investment Income (Loss)	(288)
Other Comprehensive Income (Loss)	0
Ending Balance	2
Debt Securities [Member]
Beginning Balance	7,008
Principal repayments	(1,500)
Amortization of day one premium	(96)
Accretion of bifurcation discount	284
Net Investment Income (Loss)	576
Other Comprehensive Income (Loss)	(488)
Ending Balance	$ 5,784

Note 3 - Investments - Securiti

Note 3 - Investments - Securities Measured and Carried at Fair Value on Recurring Basis With Significant Unobservable Inputs (Details) $ in Thousands		Dec. 31, 2023 USD ($)	Jun. 30, 2023 USD ($)
Investments in equity securities		$ 11,297	$ 13,205
Investments in debt securities	[1]	5,784
Convertible Debt Securities [Member]
Investments in debt securities		5,784	$ 7,008
Valuation Technique, Option Pricing Model [Member]
Investments in equity securities		$ 2
Valuation Technique, Option Pricing Model [Member] | Measurement Input, Price Volatility [Member]
Investments in debt securities, unobservable input		1.85
Valuation Technique, Option Pricing Model [Member] | Measurement Input, Risk Free Interest Rate [Member]
Investments in debt securities, unobservable input		0.0466
Valuation Technique, Binomial Lattice Model [Member] | Convertible Debt Securities [Member]
Investments in debt securities		$ 5,784
Valuation Technique, Binomial Lattice Model [Member] | Measurement Input, Price Volatility [Member] | Convertible Debt Securities [Member]
Investments in debt securities, unobservable input		1
Valuation Technique, Binomial Lattice Model [Member] | Measurement Input, Risk Free Interest Rate [Member]
Investments in debt securities, unobservable input		0.0378
Valuation Technique, Binomial Lattice Model [Member] | Measurement Input, Credit Spread [Member]
Investments in debt securities, unobservable input		0.099
[1]Principal payments of $750,000 are due quarterly with a final maturity date in January 2026.

Note 3 - Investments - Componen

Note 3 - Investments - Components of Investments (Details) - USD ($)		3 Months Ended			6 Months Ended			12 Months Ended
		Dec. 31, 2023		Dec. 31, 2022	Dec. 31, 2023		Dec. 31, 2022	Jun. 30, 2023
Cost		$ 17,849,000			$ 17,849,000			$ 19,601,000
Unrealized gains losses		(6,552,000)			(6,552,000)
Investments in equity securities		11,297,000			11,297,000			13,205,000
Corporate debt securities		46,000		$ 0	46,000		$ 0
Total trading securities at fair value		18,064,000			18,064,000			19,601,000
Total trading securities at fair value		(6,507,000)			(6,507,000)			(6,396,000)
Total trading securities at fair value		11,557,000			11,557,000			13,205,000
Unrealized gains (losses) on equity securities		279,000		$ (937,000)	(164,000)		$ (2,868,000)	(6,396,000)
Amortized cost		7,056,000	[1]		7,056,000	[1]		7,729,000
Debt Securities, Available-for-Sale, Total	[1]	5,784,000			5,784,000
Allowance for credit losses		0			0			0
Corporate debt securities, cost		1,000,000	[2]		1,000,000	[2]		1,000,000
Corporate debt securities, gains		0	[2]		0	[2]		0
Corporate debt securities, losses		(177,000)	[2]		(177,000)	[2]		(232,000)
Corporate debt securities, fair value		823,000	[2]		823,000	[2]		768,000
Corporate debt securities		177,000	[2]		177,000	[2]		0
Convertible Debt Securities [Member]
Amortized cost		7,056,000			7,056,000			7,729,000
Gross unrealized gains in other comprehensive income (loss)		1,219,000			1,219,000			1,707,000
Gross unrealized losses in other comprehensive income (loss)		0			0			0
Gross unrealized losses in net investment income (loss)		(2,491,000)			(2,491,000)			(2,428,000)
Debt Securities, Available-for-Sale, Total		5,784,000			5,784,000			7,008,000
Allowance for credit losses		0			0			0
Corporate Debt Securities [Member]
Corporate debt securities, cost		215,000			215,000			0
Corporate debt securities					45,000
Corporate debt securities, fair value		260,000			260,000			0
Total trading securities at fair value								0
Equity Securities International [Member]
Cost		6,595,000			6,595,000			6,679,000
Unrealized gains losses		(6,150,000)			(6,150,000)
Investments in equity securities		445,000			445,000			778,000
Unrealized gains (losses) on equity securities								(5,901,000)
Equity Securities Domestic [Member]
Cost		45,000			45,000			45,000
Unrealized gains losses		(45,000)			(45,000)
Investments in equity securities		0			0			0
Unrealized gains (losses) on equity securities								(45,000)
Mutual Funds Fixed Income [Member]
Cost		10,280,000			10,280,000			11,947,000
Unrealized gains losses		(188,000)			(188,000)
Investments in equity securities		10,092,000			10,092,000			11,642,000
Unrealized gains (losses) on equity securities								(305,000)
Mutual Funds Global Equity [Member]
Cost		929,000			929,000			930,000
Unrealized gains losses		(169,000)			(169,000)
Investments in equity securities		$ 760,000			$ 760,000			785,000
Unrealized gains (losses) on equity securities								$ (145,000)
[1]Principal payments of $750,000 are due quarterly with a final maturity date in January 2026.[2]Held-to-maturity debt investments are carried at amortized cost, net of allowance for credit losses, and the fair value is classified as Level 2 according to the fair value hierarchy.

Note 3 - Investments - Fair Val

Note 3 - Investments - Fair Value and Effect of Embedded Derivatives (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Jun. 30, 2023
Equity price risk exposure, asset	$ 51		$ 51		$ 114
Equity price risk exposure	$ 16	$ 26	$ (63)	$ 26

Note 3 - Investments - Schedule

Note 3 - Investments - Schedule of Allowance for Credit Loss on Held to Maturity Investments (Details) - USD ($)		3 Months Ended	6 Months Ended
		Dec. 31, 2023	Dec. 31, 2023		Dec. 31, 2022
Balance			$ 0
Provision for credit losses - reversal (1)		$ 28,000	55,000	[1]	$ 0
Balance	[2]	$ 177,000	177,000
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance			$ 232,000
[1]Represents the change in present value attributable to the passage of time included in interest income.[2]Held-to-maturity debt investments are carried at amortized cost, net of allowance for credit losses, and the fair value is classified as Level 2 according to the fair value hierarchy.

Note 3 - Investments - Invest_2

Note 3 - Investments - Investments Classified by Contractual Maturity Date (Details) - USD ($) $ in Thousands		Dec. 31, 2023		Jun. 30, 2023
Amortized Cost		$ 7,056	[1]	$ 7,729
Amortized Cost		1,000
Investments in debt securities	[1]	5,784
Fair Value, held to maturity debt securities, due after five years through ten years		$ 823
[1]Principal payments of $750,000 are due quarterly with a final maturity date in January 2026.

Note 3 - Investments - Carrying

Note 3 - Investments - Carrying Value of Equity Securities Without Readily Determinable Fair Values (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Jun. 30, 2023
Other investments	$ 1,613	$ 2,633	$ 1,613	$ 2,633	$ 2,388
Upward carrying value changes	0	5	0	5
Downward carrying value changes/impairment	$ 0	$ (2)	$ (775)	$ (1,841)

Note 3 - Investments - Invest_3

Note 3 - Investments - Investment Income or Loss Reflected in Earnings From Continuing Operations (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Jun. 30, 2023
Realized gains (losses) on equity securities	$ 79	$ 0	$ (740)	$ 0
Realized gains (losses) on debt securities	303	436	639	905
Unrealized gains (losses) on equity securities	279	(937)	(164)	(2,868)	$ (6,396)
Unrealized gains (losses) on debt securities	46	0	46	0
Unrealized gains (losses) on embedded derivatives	16	26	(63)	26
Unrealized gains (losses) on cash equivalents	(2)	0	(2)	0
Dividend and interest income	603	481	1,185	900
Realized foreign currency gains (losses)	92	110	2	(307)
Total Net Investment Income (Loss)	$ 1,416	$ 116	$ 903	$ (1,344)

Note 3 - Investments - Unrealiz

Note 3 - Investments - Unrealized Gains and Losses (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Net gains and losses recognized during the period		$ 358	$ (937)	$ (904)	$ (2,868)
Less: Net gains and losses recognized during the period on securities sold during the period		79	0	35	0
Net unrealized gains (losses) recognized during the reporting period on securities still held at the reporting date (1)	[1]	279	(937)	(939)	(2,868)
Net gains and losses recognized during the period		46	0	46	0
Less: Net gains and losses recognized during the period on securities sold during the period		0	0	0	0
Corporate debt securities		$ 46	$ 0	$ 46	$ 0
[1]Includes net unrealized and realized losses as a result of the measurement alternative of $0 and $775,000 for the three and six months ended December 31, 2023, net unrealized and realized gains of $5,000 for the three months ended December 31, 2022, and net unrealized and realized losses of $1.8 million, for the six months ended December 31, 2022.

Note 4 - Investment Managemen_3

Note 4 - Investment Management and Other Fees (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Sep. 30, 2023	Jun. 30, 2023
Accounts Receivable, Allowance for Credit Loss	$ 0		$ 0			$ 0
Fund Clients [Member]
Receivables, Net, Current	1,100,000		1,100,000			1,100,000
Accounts Receivable, Allowance for Credit Loss	$ 0		0			0
U S Global E T Fs [Member]
Unitary Management Fee, Percentage of Average Net Assets	0.60%
Aggregate Fees Waived and Expenses Borne	$ 43,000	$ 0	78,000	$ 47,000
U S Global E T Fs [Member] | Fund Clients [Member]
Receivables, Net, Current	$ 944,000		944,000			1,000,000
U S Global Jets U C I T S E T F [Member]
Unitary Management Fee, Percentage of Average Net Assets	0.65%
U S Global Investors Funds [Member]
Aggregate Fees Waived and Expenses Borne	$ 192,000	$ 303,000	$ 445,000	$ 523,000
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%		5%
Annual Administrative Fee Rate	0.05%
U S Global Investors Funds [Member] | Fund Clients [Member]
Receivables, Net, Current	$ 115,000		$ 115,000			$ 126,000

Note 4 - Investment Managemen_4

Note 4 - Investment Management and Other Fees - Operating Revenues Disaggregated by Performance Obligation (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Revenue from Contract with Customer, Including Assessed Tax	$ 2,818	$ 3,728	$ 5,951	$ 8,140
Investment And Advisory Services [Member]
Revenue from Contract with Customer, Including Assessed Tax	2,790	3,695	5,893	8,072
Investment And Advisory Services [Member] | U S Global E T Fs [Member]
Revenue from Contract with Customer, Including Assessed Tax	2,462	3,305	5,171	7,218
Investment And Advisory Services [Member] | U S Global Investors Funds [Member]
Revenue from Contract with Customer, Including Assessed Tax	459	525	965	1,135
Investment Performance [Member] | U S Global Investors Funds [Member]
Revenue from Contract with Customer, Including Assessed Tax	(131)	(135)	(243)	(281)
Administrative Service [Member]
Revenue from Contract with Customer, Including Assessed Tax	28	33	58	68
Administrative Service [Member] | U S Global Investors Funds [Member]
Revenue from Contract with Customer, Including Assessed Tax	$ 28	$ 33	$ 58	$ 68

Note 5 - Restricted and Unres_3

Note 5 - Restricted and Unrestricted Cash - Reconciliation of Cash, Cash Equivalents, and Restricted Cash (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Jun. 30, 2023
Cash and cash equivalents	$ 27,466	$ 25,401
Restricted cash	1,000	1,000
Total cash, cash equivalents, and restricted cash	$ 28,466	$ 26,401

Note 6 - Leases (Details Textua

Note 6 - Leases (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Jun. 30, 2023
Lease, Cost	$ 33,000	$ 33,000	$ 66,000	$ 56,000
Operating Lease, Lease Income	27,000	31,000	55,000	65,000
Other Assets [Member]
Lessor, Cost, Contracts Asset	3,000		3,000		$ 4,000
General and Administrative Expense [Member]
Lease, Cost	$ 33,000	$ 32,000	$ 65,000	$ 54,000

Note 6 - Leases - Lease Expense

Note 6 - Leases - Lease Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Jun. 30, 2023
Amortization of right-of-use assets	$ 8	$ 7	$ 15	$ 14
Interest on lease liabilities	0	1	1	2
Total finance lease cost	8	8	16	16
Short-term lease cost	25	25	50	40
Total lease cost	33	33	66	56
Operating cash flows from financing leases included in lease liabilities	0	1	1	2
Financing cash flows from financing leases included in lease liabilities	$ 8	$ 8	$ 15	$ 13
Weighted-average remaining lease term - financing leases (years) (Year)	1 year 9 months		1 year 9 months		2 years 3 months
Weighted-average discount rate - financing leases	4.75%		4.75%		4.75%

Note 6 - Leases - Maturities of

Note 6 - Leases - Maturities of Lease Liabilities (Details) $ in Thousands	Dec. 31, 2023 USD ($)
2024 (excluding the six months ended December 31, 2023)	$ 16
2025	33
2026	8
Total lease payments	57
Less imputed interest	(3)
Total	$ 54

Note 6 - Leases - Summary Analy

Note 6 - Leases - Summary Analysis of Annual Undiscounted Cash Flows to be Received on Leases (Details) $ in Thousands	Dec. 31, 2023 USD ($)
2024 (excluding the six months ended December 31, 2023)	$ 21
2025	36
Total lease payments	$ 57

Note 7 - Debt (Details Textual)

Note 7 - Debt (Details Textual) $ in Millions	Dec. 31, 2023 USD ($)
Line of Credit Facility, Maximum Borrowing Capacity	$ 1
Line of Credit [Member] | Money Market Funds [Member]
Debt Instrument, Collateral Amount	$ 1

Note 8 - Stockholders' Equity (

Note 8 - Stockholders' Equity (Details Textual) - USD ($)	1 Months Ended	3 Months Ended				6 Months Ended		18 Months Ended
	Dec. 31, 2023	Dec. 31, 2023	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Feb. 25, 2022	Feb. 24, 2022
Payments for Repurchase of Common Stock						$ 1,171,000	$ 382,000
Excise Tax Liability Accrued on Stock Repurchases		$ 6,000				$ 12,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)		0		0		0	0
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period (in shares)		0		0		0	0
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Forfeitures in Period (in shares)		0		0		0	2,000
Share-Based Payment Arrangement, Expense		$ 0		$ 0		$ 0	$ 0
Share-Based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount	$ 0	$ 0		$ 0		$ 0	$ 0	$ 0
Plan 1989 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number (in shares)	229,000	229,000		229,000		229,000	229,000	229,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Number (in shares)	229,000	229,000		229,000		229,000	229,000	229,000
Common Class A [Member] | Plan 1989 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price, Ending Balance (in dollars per share)	$ 6.05	$ 6.05				$ 6.05		$ 6.05
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 6.05	$ 6.05				$ 6.05		$ 6.05
Common Class A [Member] | Plan 1997 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number (in shares)	2,000	2,000				2,000		2,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Number (in shares)	2,000	2,000				2,000		2,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price, Ending Balance (in dollars per share)	$ 2.74	$ 2.74				$ 2.74		$ 2.74
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 2.74	$ 2.74				$ 2.74		$ 2.74
Treasury Stock, Common [Member]
Treasury Stock, Shares, Acquired (in shares)		196,295	198,213	87,407	39,965
Treasury Stock, Common [Member] | Common Class A [Member]
Treasury Stock, Shares, Acquired (in shares)		196,295		87,407		394,508	127,372
Payments for Repurchase of Common Stock		$ 560,000		$ 249,000		$ 1,200,000	$ 382,000
Share Repurchase Plan Renewal December2012 December2020 [Member]
Stock Repurchase Program, Authorized Amount	$ 5,000,000	$ 5,000,000				$ 5,000,000		$ 5,000,000	$ 5,000,000	$ 2,750,000
Monthly Dividends Paid [Member]
Common Stock, Dividends, Per Share, Cash Paid (in dollars per share)	$ 0.0075							$ 0.0075

Note 9 - Earnings Per Share (De

Note 9 - Earnings Per Share (Details Textual)	3 Months Ended
	Dec. 31, 2023 shares
Share-Based Payment Arrangement, Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	229,000

Note 9 - Earnings Per Share - B

Note 9 - Earnings Per Share - Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended				6 Months Ended
	Dec. 31, 2023	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2023	Dec. 31, 2022
Net income (loss)	$ 1,229	$ (176)	$ 847	$ 53	$ 1,053	$ 900
Basic weighted average number of common shares outstanding (in shares)	14,291,328		14,889,946		14,378,419	14,919,317
Stock options (in shares)	68		85		132	376
Diluted (in shares)	14,291,396		14,890,031		14,378,551	14,919,693
Basic Net Income (Loss) per share (in dollars per share)	$ 0.09		$ 0.06		$ 0.07	$ 0.06
Diluted Net Income (Loss) per share (in dollars per share)	$ 0.09		$ 0.06		$ 0.07	$ 0.06

Note 10 - Income Taxes (Details

Note 10 - Income Taxes (Details Textual) - USD ($)	Dec. 31, 2023	Jun. 30, 2023
Liability for Uncertainty in Income Taxes, Current	$ 546,000
Unrecognized Tax Benefits	546,000
Domestic Tax Authority [Member] | Internal Revenue Service (IRS) [Member]
Operating Loss Carryforwards	0
Tax Credit Carryforward, Amount	0
Domestic Tax Authority [Member] | Canada Revenue Agency [Member]
Operating Loss Carryforwards	91,000
Foreign Tax Authority [Member] | Canada Revenue Agency [Member]
Tax Credit Carryforward, Amount	0
Deferred Tax Assets, Valuation Allowance	$ 24,000	$ 24,000

Note 11 - Accumulated Other C_3

Note 11 - Accumulated Other Comprehensive Income (Loss) - Changes in Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Dec. 31, 2023	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2023	Dec. 31, 2022
Balance	$ 50,701	$ 52,196	$ 52,896	$ 53,785	$ 52,196	$ 53,785
Net other comprehensive income (loss)	(171)	(214)	(1,248)	(486)	(385)	(1,734)
Balance	50,890	50,701	51,925	52,896	50,890	51,925
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-Sale, Parent [Member]
Balance		$ 1,348		$ 3,624	1,348	3,624
Other comprehensive income (loss) before reclassifications					151	(1,290)
Tax effect					(31)	271
Amount reclassified from AOCI					(639)	(905)
Tax effect					134	190
Net other comprehensive income (loss)					(385)	(1,734)
Balance	$ 963		$ 1,890		$ 963	$ 1,890

Note 12 - Financial Informati_3

Note 12 - Financial Information by Business Segment (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Revenue from Contract with Customer, Including Assessed Tax	$ 2,818,000	$ 3,728,000	$ 5,951,000	$ 8,140,000
Investment Management Services [Member]
Revenue from Contract with Customer, Including Assessed Tax	2,818,000	3,728,000	5,951,000	8,140,000
Investment Management Services [Member] | U S Global E T Fs [Member]
Revenue from Contract with Customer, Including Assessed Tax	2,500,000	3,300,000	5,200,000	7,200,000
Investment Management Services [Member] | U S Global Investors Funds [Member]
Revenue from Contract with Customer, Including Assessed Tax	$ 356,000	$ 423,000	$ 780,000	$ 922,000

Note 12 - Financial Informati_4

Note 12 - Financial Information by Business Segment - Total Revenues and Income by Business Segment (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Jun. 30, 2023
Revenue from Contract with Customer, Including Assessed Tax	$ 2,818	$ 3,728	$ 5,951	$ 8,140
Net investment income (loss)	1,416	116	903	(1,344)
Other income (loss)	57	62	115	123
Income (loss) before income taxes	1,665	1,086	1,424	1,272
Depreciation	62	61	123	122
Gross identifiable assets	51,502	53,342	51,502	53,342
Deferred tax asset	2,130	1,609	2,130	1,609	$ 1,920
Consolidated total assets	53,632	54,951	53,632	54,951	$ 55,673
Investment Management Services [Member]
Revenue from Contract with Customer, Including Assessed Tax	2,818	3,728	5,951	8,140
Net investment income (loss)	0	0	0	0
Other income (loss)	57	62	115	123
Income (loss) before income taxes	266	985	553	2,646
Depreciation	62	61	123	122
Gross identifiable assets	27,417	23,952	27,417	23,952
Corporate Investments [Member]
Revenue from Contract with Customer, Including Assessed Tax	0	0	0	0
Net investment income (loss)	1,416	116	903	(1,344)
Other income (loss)	0	0	0	0
Income (loss) before income taxes	1,399	101	871	(1,374)
Depreciation	0	0	0	0
Gross identifiable assets	$ 24,085	$ 29,390	$ 24,085	$ 29,390

Note 13 - Contingencies and C_2

Note 13 - Contingencies and Commitments (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2024	Dec. 31, 2023	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022
Dividends, Common Stock, Cash		$ 320,000	$ 322,000	$ 335,000	$ 335,000
Monthly Dividend [Member] | Forecast [Member]
Common Stock, Dividends, Per Share, Declared (in dollars per share)	$ 0.0075
Dividends, Common Stock, Cash	$ 322,000