U.S. Global Investors (GROW) 10-Q 9 May 24 2024 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Mar. 31, 2024	May 02, 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	Q3
Document Fiscal Year Focus	2024
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2024
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		11,844,295

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Jun. 30, 2023
Current Assets
Cash and cash equivalents	$ 27,460	$ 25,401
Restricted cash	1,000	1,000
Investments in securities at fair value, current	10,071	11,642
Accounts and other receivables (net of allowance for credit losses of $0, and $0, respectively)	1,027	1,245
Tax receivable	749	576
Prepaid expenses	635	510
Total Current Assets	40,942	40,374
Net Property and Equipment	1,154	1,138
Other Assets
Deferred tax asset	1,840	1,920
Investments in trading securities at fair value, non-current	1,435	1,563
Investments in available-for-sale debt securities at fair value (amortized cost: $6,651, and $7,729, respectively) (net of allowance for credit losses of $0, and $0, respectively)	5,190	7,008
Investments in held-to-maturity debt securities at amortized cost	1,000	1,000
Less: Allowance for credit losses	(157)	0
Investments in held-to-maturity debt securities, net of allowance for credit losses	843	1,000
Other investments	1,114	2,388
Financing lease, right of use assets	45	65
Other assets, non-current	209	217
Total Other Assets	10,676	14,161
Total VIE assets, maximum exposure to loss	52,772	55,673
Current Liabilities
Accounts payable	58	143
Accrued compensation and related costs	306	1,165
Dividends payable	317	329
Financing lease liability, short-term	31	28
Other accrued expenses	1,629	1,274
Total Current Liabilities	2,341	2,939
Long-Term Liabilities
Deferred tax liability	20	4
Reserve for uncertain tax positions	549	496
Financing lease liability, long-term	16	38
Total Long-Term Liabilities	585	538
Total Liabilities	2,926	3,477
Commitments and Contingencies (Note 14)
Shareholders’ Equity
Additional paid-in-capital	16,444	16,442
Treasury stock, class A shares at cost; 1,958,262 and 1,370,325 shares at March 31, 2024, and June 30, 2023, respectively	(5,456)	(3,740)
Accumulated other comprehensive income, net of tax	831	1,348
Retained earnings	37,628	37,747
Total Shareholders’ Equity	49,846	52,196
Total Liabilities and Shareholders’ Equity	52,772	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	Mar. 31, 2024		Jun. 30, 2023
Accounts and other receivables, allowance for credit loss	$ 0		$ 0
Investments in available-for-sale debt securities, amortized cost	6,651	[1]	7,729
Investments in available-for-sale debt securities, allowance for credit loss	$ 0		$ 0
Treasury shares (in shares)	1,958,262		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)	11,908,737		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		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Operating Revenues
Revenues	$ 2,593	$ 3,624	$ 8,544	$ 11,764
Operating Expenses
Employee compensation and benefits	1,209	1,264	3,445	3,569
General and administrative	1,733	1,477	4,725	4,489
Advertising	97	91	291	297
Depreciation	41	61	163	183
Interest	1	1	2	3
Total Operating Expenses	3,081	2,894	8,626	8,541
Operating Income (Loss)	(488)	730	(82)	3,223
Other Income (Loss)
Net investment income (loss)	460	1,155	1,363	(189)
Other income (loss)	68	61	183	184
Total Other Income (Loss)	528	1,216	1,546	(5)
Income (Loss) Before Income Taxes	40	1,946	1,464	3,218
Provision for Income Taxes
Tax expense (benefit)	75	326	446	698
Net Income (Loss)	$ (35)	$ 1,620	$ 1,018	$ 2,520
Earnings (Loss) Per Share
Basic Net Income (Loss) per share (in dollars per share)	$ 0	$ 0.11	$ 0.07	$ 0.17
Diluted Net Income (Loss) per share (in dollars per share)	$ 0	$ 0.11	$ 0.07	$ 0.17
Basic weighted average number of common shares outstanding (in shares)	14,077,042	14,747,537	14,278,691	14,862,893
Diluted weighted average number of common shares outstanding (in shares)	14,077,042	14,747,637	14,278,777	14,863,188
Investment Advisory Services [Member]
Operating Revenues
Revenues	$ 2,566	$ 3,591	$ 8,458	$ 11,663
Administrative Service [Member]
Operating Revenues
Revenues	$ 27	$ 33	$ 86	$ 101

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Net income (loss)	$ (35)	$ 1,620	$ 1,018	$ 2,520
Other Comprehensive Income (Loss)
Unrealized gains (losses) on available-for-sale securities arising during period, net of tax	79	80	199	(939)
Less: reclassification adjustment for gains included in net income (loss), net of tax	(211)	(311)	(716)	(1,026)
Net change from available-for-sale securities	(132)	(231)	(517)	(1,965)
Other Comprehensive Income (Loss)	(132)	(231)	(517)	(1,965)
Total Comprehensive Income (Loss)	$ (167)	$ 1,389	$ 501	$ 555

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) 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
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
Share-based compensation, adjustment for forfeitures, net of tax															$ 0	$ 0	(1)		$ 0	0	0	(1)
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)																		320,412
Net other comprehensive income (loss)																						(1,965)
Net income (loss)																						2,520
Balance (in shares) at Mar. 31, 2023															13,866,999	2,068,549			1,284,094
Balance at Mar. 31, 2023															$ 347	$ 52	16,442		$ (3,499)	1,659	37,444	52,445
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
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 (in shares) at Dec. 31, 2022															13,866,999	2,068,549			1,096,540
Balance at Dec. 31, 2022															$ 347	$ 52	16,441		$ (2,958)	1,890	36,153	51,925
Repurchases of shares of Common Stock (class A), including excise tax (in shares)															0	0		193,040	193,040
Repurchases of shares of Common Stock (class A), including excise tax															$ 0	$ 0	0		$ (556)	0	0	(556)
Issuance of stock under ESPP of shares of Common Stock (class A) (in shares)															0	0			(5,486)
Issuance of stock under ESPP of shares of Common Stock (class A)															$ 0	$ 0	1		$ 15	0	0	16
Dividends declared															0	0	0		0	0	(329)	(329)
Net other comprehensive income (loss)															0	0	0		0	(231)	0	(231)
Net income (loss)															$ 0	$ 0	0		$ 0	0	1,620	1,620
Balance (in shares) at Mar. 31, 2023															13,866,999	2,068,549			1,284,094
Balance at Mar. 31, 2023															$ 347	$ 52	16,442		$ (3,499)	1,659	37,444	52,445
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 (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
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)																		605,790
Net other comprehensive income (loss)																						(517)
Net income (loss)																						1,018
Balance (in shares) at Mar. 31, 2024															13,866,999	2,068,549			1,958,262
Balance at Mar. 31, 2024															$ 347	$ 52	16,444		$ (5,456)	831	37,628	49,846
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
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 (in shares) at Dec. 31, 2023															13,866,999	2,068,549			1,753,239
Balance at Dec. 31, 2023															$ 347	$ 52	16,444		$ (4,891)	963	37,975	50,890
Repurchases of shares of Common Stock (class A), including excise tax (in shares)															0	0		211,282	211,282
Repurchases of shares of Common Stock (class A), including excise tax															$ 0	$ 0	0		$ (582)	0	0	(582)
Issuance of stock under ESPP of shares of Common Stock (class A) (in shares)															0	0			(6,259)
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	(312)	(312)
Net other comprehensive income (loss)															0	0	0		0	(132)	0	(132)
Net income (loss)															$ 0	$ 0	0		$ 0	0	(35)	(35)
Balance (in shares) at Mar. 31, 2024															13,866,999	2,068,549			1,958,262
Balance at Mar. 31, 2024															$ 347	$ 52	$ 16,444		$ (5,456)	$ 831	$ 37,628	$ 49,846

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Mar. 31, 2024		Mar. 31, 2023
Cash Flows from Operating Activities:
Net income (loss)	$ 1,018,000		$ 2,520,000
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation, amortization and accretion	(103,000)		(198,000)
Net recognized (gain) loss on disposal of fixed assets	0		3,000
Net realized (gains) losses on securities	5,928,000		(1,286,000)
Unrealized (gains) losses on securities	(5,594,000)		2,504,000
Investment basis adjustment	0		(5,000)
Provision for deferred taxes	282,000		(265,000)
Allowance for credit losses	(75,000)	[1]	0
Changes in operating assets and liabilities:
Accounts and other receivables	45,000		754,000
Prepaid expenses and other assets	(97,000)		(146,000)
Accounts payable and other accrued liabilities	(551,000)		(1,252,000)
Total adjustments	(165,000)		109,000
Net cash provided by (used in) operating activities	853,000		2,629,000
Cash Flows from Investing Activities:
Purchase of property and equipment	(179,000)		(14,000)
Purchase of trading securities at fair value, non-current	(219,000)		0
Purchase of other investments	0		(663,000)
Proceeds from principal paydowns of available-for-sale debt securities at fair value	2,250,000		2,250,000
Return of capital on other investments	259,000		0
Net cash provided by (used in) investing activities	3,890,000		1,923,000
Cash Flows from Financing Activities:
Principal payments on financing lease	(22,000)		(20,000)
Issuance of common stock	51,000		43,000
Repurchases of common stock	(1,748,000)		(938,000)
Dividends paid	(965,000)		(1,004,000)
Net cash provided by (used in) financing activities	(2,684,000)		(1,919,000)
Net increase (decrease) in cash, cash equivalents, and restricted cash	2,059,000		2,633,000
Beginning cash, cash equivalents, and restricted cash	26,401,000		23,314,000
Ending cash, cash equivalents, and restricted cash	28,460,000		25,947,000
Supplemental Disclosures of Non-Cash Investing and Financing Activities
Dividends declared but not paid	317,000		332,000
Excise tax liability accrued on stock repurchases	17,000		0
Unsettled purchases of other investments	0		186,000
Unsettled class A common stock repurchases	11,000		0
Supplemental Disclosures of Cash Flow Information
Cash paid for income taxes	250,000		470,000
Trading Securities, Current [Member]
Cash Flows from Investing Activities:
Proceeds on sale of trading securities at fair value, current	1,600,000		350,000
Trading Securities, Non-current [Member]
Cash Flows from Investing Activities:
Proceeds on sale of trading securities at fair value, current	$ 179,000		$ 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	9 Months Ended
	Mar. 31, 2024
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 nine March 31, 2023 not No. 48 740 10 99 108 not three nine March 31, 2023 The following table sets forth the impact of correcting this error in the Company’s previously issued Consolidated Financial Statements. Nine Months Ended March 31, 2023 Three Months Ended March 31, 2023 As As Previously Immaterial As Previously Immaterial As (dollars in thousands, except per share data) Reported Revisions Revised Reported Revisions Revised Tax expense (benefit) $ 602 $ 96 $ 698 $ 306 $ 20 $ 326 Net Income (Loss) $ 2,616 $ (96 ) $ 2,520 $ 1,640 $ (20 ) $ 1,620 Earnings Per Share Basic Net Income (Loss) per Share $ 0.18 $ (0.01 ) $ 0.17 $ 0.11 $ (0.00 ) $ 0.11 Diluted Net Income (Loss) per Share $ 0.18 $ (0.01 ) $ 0.17 $ 0.11 $ (0.00 ) $ 0.11 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	9 Months Ended
	Mar. 31, 2024
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 March 31, 2024 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) March 31, 2024 June 30, 2023 Investments in securities at fair value, current $ 10,071 $ 11,642 Investments in equity securities at fair value, non-current 830 785 Other receivables 29 45 Total VIE assets, maximum exposure to loss $ 10,930 $ 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 March 31, 2024 June 30, 2023 Dividends and Interest. 180 not not

Note 3 - Investments

Note 3 - Investments	9 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Investments and Other Noncurrent Assets [Text Block]	NOTE 3. As of March 31, 2024 March 31, 2024 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 March 31, 2024 June 30, 2023 March 31, 2024 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 March 31, 2024 June 30, 2023 March 31, 2024 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 $ 411 $ - $ - $ 411 Mutual funds - Fixed income 10,071 - - 10,071 Mutual funds - Global equity 829 - - 829 Total equity securities 11,311 - - 11,311 Debt securities: Corporate debt securities 195 - - 195 Total investments in trading securities: 11,506 - - 11,506 Investments in available-for-sale debt securities: Corporate debt securities - Convertible debentures - - 5,190 5,190 Total investments carried at fair value on a recurring basis: $ 11,506 $ - $ 5,190 $ 16,696 Investments carried at fair value on a nonrecurring basis: Other investments (1) $ - $ - $ 600 $ 600 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 nine March 31, 2024 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 March 31, 2024 not March 31, 2024 June 30, 2023 March 31, 2024 August 2018 January 2023, The Company recorded the debentures 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 debentures was $5.2 million and $7.0 million at March 31, 2024 June 30, 2023 January 2024, June 30, 2023 The Company utilizes an independent third 3 3 nine March 31, 2024 Changes in Level 3 Nine Months Ended March 31, 2024 Investments in Investments in (dollars in thousands) equity securities debt securities Beginning Balance $ 290 $ 7,008 Principal repayments - (2,250 ) Amortization of day one premium - (137 ) Accretion of bifurcation discount - 403 Total gains or losses included in: Net Investment Income (Loss) (290 ) 821 Other Comprehensive Income (Loss) - (655 ) Ending Balance $ - $ 5,190 The following is quantitative information as of March 31, 2024 3 March 31, 2024 (dollars in thousands) Fair Value Principal Valuation Techniques Unobservable Inputs Investments in available-for-sale debt securities: Corporate debt securities - Convertible debentures $ 5,190 Binomial lattice model Volatility 110.0 % Credit Spread 7.00 % Risk-Free Rate 4.28 % 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 March 31, 2024 June 30, 2023 March 31, 2024 (dollars in thousands) Cost Unrealized Gains (Losses) Fair Value Trading securities at fair value Equity securities: Equities - International $ 746 $ (335 ) $ 411 Equities - Domestic 45 (45 ) - Mutual funds - Fixed income 10,280 (209 ) 10,071 Mutual funds - Global equity 929 (100 ) 829 Total equity securities 12,000 (689 ) 11,311 Debt securities: Corporate debt securities 215 (20 ) 195 Total trading securities at fair value $ 12,215 $ (709 ) $ 11,506 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 March 31, 2024 June 30, 2023 March 31, 2024 not not The following details the components of the Company’s available-for-sale debt investments as of March 31, 2024 June 30, 2023 March 31, 2024 (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 $ 6,651 $ 1,052 $ - $ (2,513 ) $ 5,190 $ - 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 March 31, 2024 June 30, 2023 March 31, 2024 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 $ 29 $ 114 The following table presents the effect of embedded derivatives on the Consolidated Statements of Operations, categorized by risk exposure, for the three nine March 31, 2024, 2023 Nine Months Ended Three Months Ended March 31, March 31, 2024 2023 2024 2023 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 $ (85 ) $ 82 $ (22 ) $ 55 At March 31, 2024 June 30, 2023 one March 31, 2024 June 30, 2023 twelve March 31, 2024 not The following details the components of the Company’s held-to-maturity debt investments as of March 31, 2024 June 30, 2023 March 31, 2024 (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 $ - $ (157 ) $ 843 $ 157 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 March 31, 2024 June 30, 2023 not Since the held-to-maturity debt security does not 2016 13 July 1, 2023, March 31, 2024 three nine March 31, 2024 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) March 31, 2024 Beginning Balance, prior to adoption of ASU 2016-13 $ - Impact of ASU 2016-13 adoption 232 Provision for credit losses - reversal (1) (75 ) Ending Balance $ 157 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 March 31, 2024 may March 31, 2024 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 $ 6,651 $ 1,000 Fair Value $ 5,190 $ 843 1. Principal payments of $750,000 are due quarterly with a final maturity date in January 2026. As of March 31, 2024 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 March 31, 2024, 2023 Nine Months Ended Three Months Ended March 31, March 31, (dollars in thousands) 2024 2023 2024 2023 Other Investments Carrying value $ 1,114 $ 2,827 $ 1,114 $ 2,827 Upward carrying value changes $ - $ 14 $ - $ 9 Downward carrying value changes/impairment $ (1,274 ) $ (1,841 ) $ (499 ) $ - 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 March 31, 2024 March 31, 2024 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 March 31, 2024 June 30, 2023 July 2021, March 31, 2024 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. Nine Months Ended Three Months Ended (dollars in thousands) March 31, March 31, Net Investment Income (Loss) 2024 2023 2024 2023 Realized gains (losses) on equity securities $ (6,834 ) $ (13 ) $ (6,094 ) $ (13 ) Realized gains (losses) on debt securities 906 1,299 267 394 Unrealized gains (losses) on equity securities 5,699 (2,586 ) 5,863 283 Unrealized gains (losses) on debt securities (20 ) - (65 ) - Unrealized gains (losses) on embedded derivatives (85 ) 82 (22 ) 55 Unrealized gains (losses) on cash equivalents (2 ) - - - Dividend and interest income 1,781 1,321 595 421 Realized foreign currency gains (losses) (82 ) (292 ) (84 ) 15 Total Net Investment Income (Loss) $ 1,363 $ (189 ) $ 460 $ 1,155 Realized gains on debt securities reclassified from other comprehensive income (loss) related to the Company's investment in HIVE debentures were $267,000 and $906,000 for the three nine March 31, 2024 three nine March 31, 2023 The following table presents unrealized gains and losses recognized during the three nine March 31, 2024, 2023 Nine Months Ended Three Months Ended March 31, March 31, (dollars in thousands) 2024 2023 2024 2023 Unrealized gains and losses for securities held at the reporting date: Equity securities: Net gains and losses recognized during the period $ (1,135 ) (2,599 ) $ (231 ) $ 270 Less: Net gains and losses recognized during the period on securities sold during the period (256 ) (13 ) (3 ) (13 ) Unrealized gains and losses recognized during the reporting period on securities still held at the reporting date (1) $ (879 ) $ (2,586 ) $ (228 ) $ 283 Debt securities classified as trading: Net gains and losses recognized during the period $ (20 ) - $ (65 ) $ - Less: Net gains and losses recognized during the period on securities sold during the period - - - - Unrealized gains and losses recognized during the reporting period on securities still held at the reporting date $ (20 ) $ - $ (65 ) $ - 1. Includes net unrealized and realized losses as a result of the measurement alternative of $240,000 and $1.0 million for the three nine March 31, 2024 three nine March 31, 2023 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	9 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Investment Management and Other Fees [Text Block]	NOTE 4. The following table presents operating revenues disaggregated by performance obligation. Nine Months Ended Three Months Ended March 31, March 31, (dollars in thousands) 2024 2023 2024 2023 ETF advisory fees $ 7,394 $ 10,360 $ 2,224 $ 3,142 USGIF advisory fees 1,408 1,693 443 558 USGIF performance fees received (paid) (344 ) (390 ) (101 ) (109 ) Total Advisory Fees 8,458 11,663 2,566 3,591 USGIF administrative services fees 86 101 27 33 Total Operating Revenue $ 8,544 $ 11,764 $ 2,593 $ 3,624 The Company serves as investment advisor to three April 2025 three nine March 31, 2024 three nine March 31, 2023 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 2025. three nine March 31, 2024 three nine March 31, 2023 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 March 31, 2024 June 30, 2023 March 31, 2024 June 30, 2023

Note 5 - Restricted and Unrestr

Note 5 - Restricted and Unrestricted Cash	9 Months Ended
	Mar. 31, 2024
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) March 31, 2024 June 30, 2023 Cash and cash equivalents $ 27,460 $ 25,401 Restricted cash 1,000 1,000 Total cash, cash equivalents, and restricted cash $ 28,460 $ 26,401

Note 6 - Leases

Note 6 - Leases	9 Months Ended
	Mar. 31, 2024
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 nine March 31, 2024 three nine March 31, 2023 The following table presents the components of lease cost. Nine Months Ended Three Months Ended March 31, March 31, (dollars in thousands) 2024 2023 2024 2023 Finance lease cost: Amortization of right-of-use assets $ 23 $ 22 $ 7 $ 7 Interest on lease liabilities 2 3 1 1 Total finance lease cost 25 25 8 8 Short-term lease cost 76 64 26 25 Total lease cost $ 101 $ 89 $ 34 $ 33 Supplemental information related to the Company's leases follows. Nine Months Ended Three Months Ended March 31, March 31, (dollars in thousands) 2024 2023 2024 2023 Operating cash flows from financing leases included in lease liabilities $ 2 $ 3 $ 1 $ 1 Financing cash flows from financing leases included in lease liabilities $ 22 $ 20 $ 7 $ 7 Additional qualitative information concerning the Company’s leases follows. March 31, 2024 June 30, 2023 Weighted-average remaining lease term - financing leases (years) 1.50 2.25 Weighted-average discount rate - financing leases 4.75 % 4.75 % The following table presents the maturities of lease liabilities as of March 31, 2024 (dollars in thousands) Fiscal Year Finance Leases 2024 (excluding the nine months ended March 31, 2024) $ 8 2025 33 2026 8 Total lease payments 49 Less imputed interest (2 ) Total $ 47 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 nine March 31, 2024 three nine March 31, 2023 March 31, 2024 June 30, 2023 The following is a summary analysis of annual undiscounted cash flows to be received on leases as of March 31, 2024 (dollars in thousands) Fiscal Year Operating Leases 2024 (excluding the nine months ended March 31, 2024) $ 10 2025 36 Total lease payments $ 46 The Company may one hundred eighty six

Note 7 - Other Accrued Expenses

Note 7 - Other Accrued Expenses	9 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	NOTE 7. Other accrued expenses consist of the following: (dollars in thousands) March 31, 2024 June 30, 2023 Professional fees $ 538 $ 697 Vendors payable 359 157 ETF operating and distribution expenses 548 344 Other taxes payable 73 76 Other 111 - Other accrued expenses $ 1,629 $ 1,274 The Company had $127,000 and $43,000 of receivables from HIVE included in the Consolidated Balance Sheets within receivables as of March 31, 2024 June 30, 2023

Note 8 - Debt

Note 8 - Debt	9 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Debt Disclosure [Text Block]	NOTE 8. 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 March 31, 2024 March 31, 2024

Note 9 - Stockholders' Equity

Note 9 - Stockholders' Equity	9 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Shareholders' Equity and Share-Based Payments [Text Block]	NOTE 9. 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 March 2024 In March 2024 April June 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 nine March 31, 2024 three nine March 31, 2023 In August 2022, 1% January 1, 2023. three nine March 31, 2024 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 March 31, 2024, 2023 1989 1997 no three nine March 31, 2024 2023 no three nine March 31, 2024 no three March 31, 2023 2,000 nine March 31, 2023 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 three nine March 31, 2024 2023 March 31, 2024, 2023 no

Note 10 - Earnings Per Share

Note 10 - Earnings Per Share	9 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Earnings Per Share [Text Block]	NOTE 10. 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. Nine Months Ended Three Months Ended March 31, March 31, (dollars in thousands, except per share data) 2024 2023 2024 2023 Net Income (Loss) $ 1,018 $ 2,520 $ (35 ) $ 1,620 Weighted average number of outstanding shares Basic 14,278,691 14,862,893 14,077,042 14,747,537 Effect of dilutive securities Stock options 86 295 - 100 Diluted 14,278,777 14,863,188 14,077,042 14,747,637 Earnings (Loss) Per Share Basic Net Income (Loss) per share $ 0.07 $ 0.17 $ (0.00 ) $ 0.11 Diluted Net Income (Loss) per share $ 0.07 $ 0.17 $ (0.00 ) $ 0.11 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 nine March 31, 2024 three nine March 31, 2023 229,000 During the three nine March 31, 2024 2023

Note 11 - Income Taxes

Note 11 - Income Taxes	9 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Income Tax Disclosure [Text Block]	NOTE 11. 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. The effective tax rate was 187.5 percent and 30.5 percent for the three nine March 31, 2024 16.8 21.7 three nine March 31, 2023 A valuation allowance is provided when it is more likely than not not March 31, 2024 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 $549,000 adequately covers open tax years and uncertain tax positions up to and including March 31, 2024 March 31, 2024

Note 12 - Accumulated Other Com

Note 12 - Accumulated Other Comprehensive Income (Loss)	9 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	NOTE 12. 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 Nine Months Ended March 31, 2024 Balance at June 30, 2023 $ 1,348 Other comprehensive income (loss) before reclassifications 251 Tax effect (52 ) Amount reclassified from AOCI (906 ) Tax effect 190 Net other comprehensive income (loss) (517 ) Balance at March 31, 2024 $ 831 Nine Months Ended March 31, 2023 Balance at June 30, 2022 $ 3,624 Other comprehensive income (loss) before reclassifications (1,189 ) Tax effect 250 Amount reclassified from AOCI (1,299 ) Tax effect 273 Net other comprehensive income (loss) (1,965 ) Balance at March 31, 2023 $ 1,659

Note 13 - Financial Information

Note 13 - Financial Information by Business Segment	9 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	NOTE 13. The Company operates principally in two (dollars in thousands) Investment Management Services Corporate Investments Consolidated Nine Months Ended March 31, 2024 Net operating revenues $ 8,544 $ - $ 8,544 Net investment income (loss) $ - $ 1,363 $ 1,363 Other income (loss) $ 183 $ - $ 183 Income (loss) before income taxes $ 164 $ 1,300 $ 1,464 Depreciation $ 163 $ - $ 163 Gross identifiable assets at March 31, 2024 $ 27,542 $ 23,390 $ 50,932 Deferred tax asset $ 1,840 Consolidated total assets at March 31, 2024 $ 52,772 Nine Months Ended March 31, 2023 Net operating revenues $ 11,764 $ - $ 11,764 Net investment income (loss) $ - $ (189 ) $ (189 ) Other income (loss) $ 184 $ - $ 184 Income (loss) before income taxes $ 3,461 $ (243 ) $ 3,218 Depreciation $ 183 $ - $ 183 Gross identifiable assets at March 31, 2023 $ 25,056 $ 29,030 $ 54,086 Deferred tax asset $ 1,659 Consolidated total assets at March 31, 2023 $ 55,745 Three Months Ended March 31, 2024 Net operating revenues $ 2,593 $ - $ 2,593 Net investment income (loss) $ - $ 460 $ 460 Other income (loss) $ 68 $ - $ 68 Income (loss) before income taxes $ (389 ) $ 429 $ 40 Depreciation $ 41 $ - $ 41 Three Months Ended March 31, 2023 Net operating revenues $ 3,624 $ - $ 3,624 Net investment income (loss) $ - $ 1,155 $ 1,155 Other income (loss) $ 61 $ - $ 61 Income (loss) before income taxes $ 815 $ 1,131 $ 1,946 Depreciation $ 61 $ - $ 61 Net operating revenues from investment management services includes operating revenues from ETF clients of $2.2 million and $7.4 million for the three nine March 31, 2024 three nine March 31, 2023 three nine March 31, 2024 three nine March 31, 2023

Note 14 - Contingencies and Com

Note 14 - Contingencies and Commitments	9 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE 14. 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 March 31, 2024 June 30, 2023 The Board has authorized a monthly dividend of $0.0075 per share through June 2024 April June 2024 The COVID- 19 may

Note 15 - Subsequent Event

Note 15 - Subsequent Event	9 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Subsequent Events [Text Block]	NOTE 15. USGIF advisory fees are comprised of two 12 three four April 1, 2024, April 1, 2025.

Insider Trading Arrangements

Insider Trading Arrangements	9 Months Ended
	Mar. 31, 2024
Insider Trading Arr Line Items
Material Terms of Trading Arrangement [Text Block]	PART II. OTHER
Rule 10b5-1 Arrangement Terminated [Flag]	false
Rule 10b5-1 Arrangement Adopted [Flag]	false
Non-Rule 10b5-1 Arrangement Terminated [Flag]	false
Non-Rule 10b5-1 Arrangement Adopted [Flag]	false

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Mar. 31, 2024
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 March 31, 2024 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)	9 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]	Nine Months Ended March 31, 2023 Three Months Ended March 31, 2023 As As Previously Immaterial As Previously Immaterial As (dollars in thousands, except per share data) Reported Revisions Revised Reported Revisions Revised Tax expense (benefit) $ 602 $ 96 $ 698 $ 306 $ 20 $ 326 Net Income (Loss) $ 2,616 $ (96 ) $ 2,520 $ 1,640 $ (20 ) $ 1,620 Earnings Per Share Basic Net Income (Loss) per Share $ 0.18 $ (0.01 ) $ 0.17 $ 0.11 $ (0.00 ) $ 0.11 Diluted Net Income (Loss) per Share $ 0.18 $ (0.01 ) $ 0.17 $ 0.11 $ (0.00 ) $ 0.11

Note 2 - Basis of Presentatio_2

Note 2 - Basis of Presentation and Consolidation (Tables)	9 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Variable Interest Entities [Table Text Block]	Carrying Value and Maximum Exposure to Loss (dollars in thousands) March 31, 2024 June 30, 2023 Investments in securities at fair value, current $ 10,071 $ 11,642 Investments in equity securities at fair value, non-current 830 785 Other receivables 29 45 Total VIE assets, maximum exposure to loss $ 10,930 $ 12,472

Note 3 - Investments (Tables)

Note 3 - Investments (Tables)	9 Months Ended
	Mar. 31, 2024
Notes Tables
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	March 31, 2024 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 $ 411 $ - $ - $ 411 Mutual funds - Fixed income 10,071 - - 10,071 Mutual funds - Global equity 829 - - 829 Total equity securities 11,311 - - 11,311 Debt securities: Corporate debt securities 195 - - 195 Total investments in trading securities: 11,506 - - 11,506 Investments in available-for-sale debt securities: Corporate debt securities - Convertible debentures - - 5,190 5,190 Total investments carried at fair value on a recurring basis: $ 11,506 $ - $ 5,190 $ 16,696 Investments carried at fair value on a nonrecurring basis: Other investments (1) $ - $ - $ 600 $ 600 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]	Nine Months Ended March 31, 2024 Investments in Investments in (dollars in thousands) equity securities debt securities Beginning Balance $ 290 $ 7,008 Principal repayments - (2,250 ) Amortization of day one premium - (137 ) Accretion of bifurcation discount - 403 Total gains or losses included in: Net Investment Income (Loss) (290 ) 821 Other Comprehensive Income (Loss) - (655 ) Ending Balance $ - $ 5,190
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]	March 31, 2024 (dollars in thousands) Fair Value Principal Valuation Techniques Unobservable Inputs Investments in available-for-sale debt securities: Corporate debt securities - Convertible debentures $ 5,190 Binomial lattice model Volatility 110.0 % Credit Spread 7.00 % Risk-Free Rate 4.28 %
Debt Securities, Trading, and Equity Securities, FV-NI [Table Text Block]	March 31, 2024 (dollars in thousands) Cost Unrealized Gains (Losses) Fair Value Trading securities at fair value Equity securities: Equities - International $ 746 $ (335 ) $ 411 Equities - Domestic 45 (45 ) - Mutual funds - Fixed income 10,280 (209 ) 10,071 Mutual funds - Global equity 929 (100 ) 829 Total equity securities 12,000 (689 ) 11,311 Debt securities: Corporate debt securities 215 (20 ) 195 Total trading securities at fair value $ 12,215 $ (709 ) $ 11,506 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 March 31, 2024 (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 $ 6,651 $ 1,052 $ - $ (2,513 ) $ 5,190 $ - 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 $ - March 31, 2024 (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 $ - $ (157 ) $ 843 $ 157 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]	March 31, 2024 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 $ 29 $ 114 Nine Months Ended Three Months Ended March 31, March 31, 2024 2023 2024 2023 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 $ (85 ) $ 82 $ (22 ) $ 55
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Table Text Block]	(dollars in thousands) March 31, 2024 Beginning Balance, prior to adoption of ASU 2016-13 $ - Impact of ASU 2016-13 adoption 232 Provision for credit losses - reversal (1) (75 ) Ending Balance $ 157
Investments Classified by Contractual Maturity Date [Table Text Block]	March 31, 2024 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 $ 6,651 $ 1,000 Fair Value $ 5,190 $ 843
Equity Securities without Readily Determinable Fair Value [Table Text Block]	Nine Months Ended Three Months Ended March 31, March 31, (dollars in thousands) 2024 2023 2024 2023 Other Investments Carrying value $ 1,114 $ 2,827 $ 1,114 $ 2,827 Upward carrying value changes $ - $ 14 $ - $ 9 Downward carrying value changes/impairment $ (1,274 ) $ (1,841 ) $ (499 ) $ -
Investment Income [Table Text Block]	Nine Months Ended Three Months Ended (dollars in thousands) March 31, March 31, Net Investment Income (Loss) 2024 2023 2024 2023 Realized gains (losses) on equity securities $ (6,834 ) $ (13 ) $ (6,094 ) $ (13 ) Realized gains (losses) on debt securities 906 1,299 267 394 Unrealized gains (losses) on equity securities 5,699 (2,586 ) 5,863 283 Unrealized gains (losses) on debt securities (20 ) - (65 ) - Unrealized gains (losses) on embedded derivatives (85 ) 82 (22 ) 55 Unrealized gains (losses) on cash equivalents (2 ) - - - Dividend and interest income 1,781 1,321 595 421 Realized foreign currency gains (losses) (82 ) (292 ) (84 ) 15 Total Net Investment Income (Loss) $ 1,363 $ (189 ) $ 460 $ 1,155
Unrealized Gain (Loss) on Investments [Table Text Block]	Nine Months Ended Three Months Ended March 31, March 31, (dollars in thousands) 2024 2023 2024 2023 Unrealized gains and losses for securities held at the reporting date: Equity securities: Net gains and losses recognized during the period $ (1,135 ) (2,599 ) $ (231 ) $ 270 Less: Net gains and losses recognized during the period on securities sold during the period (256 ) (13 ) (3 ) (13 ) Unrealized gains and losses recognized during the reporting period on securities still held at the reporting date (1) $ (879 ) $ (2,586 ) $ (228 ) $ 283 Debt securities classified as trading: Net gains and losses recognized during the period $ (20 ) - $ (65 ) $ - Less: Net gains and losses recognized during the period on securities sold during the period - - - - Unrealized gains and losses recognized during the reporting period on securities still held at the reporting date $ (20 ) $ - $ (65 ) $ -

Note 4 - Investment Managemen_2

Note 4 - Investment Management and Other Fees (Tables)	9 Months Ended
	Mar. 31, 2024
Notes Tables
Disaggregation of Revenue [Table Text Block]	Nine Months Ended Three Months Ended March 31, March 31, (dollars in thousands) 2024 2023 2024 2023 ETF advisory fees $ 7,394 $ 10,360 $ 2,224 $ 3,142 USGIF advisory fees 1,408 1,693 443 558 USGIF performance fees received (paid) (344 ) (390 ) (101 ) (109 ) Total Advisory Fees 8,458 11,663 2,566 3,591 USGIF administrative services fees 86 101 27 33 Total Operating Revenue $ 8,544 $ 11,764 $ 2,593 $ 3,624

Note 5 - Restricted and Unres_2

Note 5 - Restricted and Unrestricted Cash (Tables)	9 Months Ended
	Mar. 31, 2024
Notes Tables
Restrictions on Cash and Cash Equivalents [Table Text Block]	(dollars in thousands) March 31, 2024 June 30, 2023 Cash and cash equivalents $ 27,460 $ 25,401 Restricted cash 1,000 1,000 Total cash, cash equivalents, and restricted cash $ 28,460 $ 26,401

Note 6 - Leases (Tables)

Note 6 - Leases (Tables)	9 Months Ended
	Mar. 31, 2024
Notes Tables
Lease, Cost [Table Text Block]	Nine Months Ended Three Months Ended March 31, March 31, (dollars in thousands) 2024 2023 2024 2023 Finance lease cost: Amortization of right-of-use assets $ 23 $ 22 $ 7 $ 7 Interest on lease liabilities 2 3 1 1 Total finance lease cost 25 25 8 8 Short-term lease cost 76 64 26 25 Total lease cost $ 101 $ 89 $ 34 $ 33 Nine Months Ended Three Months Ended March 31, March 31, (dollars in thousands) 2024 2023 2024 2023 Operating cash flows from financing leases included in lease liabilities $ 2 $ 3 $ 1 $ 1 Financing cash flows from financing leases included in lease liabilities $ 22 $ 20 $ 7 $ 7 March 31, 2024 June 30, 2023 Weighted-average remaining lease term - financing leases (years) 1.50 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 nine months ended March 31, 2024) $ 8 2025 33 2026 8 Total lease payments 49 Less imputed interest (2 ) Total $ 47
Lessor, Operating Lease, Payment to be Received, Maturity [Table Text Block]	(dollars in thousands) Fiscal Year Operating Leases 2024 (excluding the nine months ended March 31, 2024) $ 10 2025 36 Total lease payments $ 46

Note 7 - Other Accrued Expens_2

Note 7 - Other Accrued Expenses (Tables)	9 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Accrued Liabilities [Table Text Block]	(dollars in thousands) March 31, 2024 June 30, 2023 Professional fees $ 538 $ 697 Vendors payable 359 157 ETF operating and distribution expenses 548 344 Other taxes payable 73 76 Other 111 - Other accrued expenses $ 1,629 $ 1,274

Note 10 - Earnings Per Share (T

Note 10 - Earnings Per Share (Tables)	9 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Nine Months Ended Three Months Ended March 31, March 31, (dollars in thousands, except per share data) 2024 2023 2024 2023 Net Income (Loss) $ 1,018 $ 2,520 $ (35 ) $ 1,620 Weighted average number of outstanding shares Basic 14,278,691 14,862,893 14,077,042 14,747,537 Effect of dilutive securities Stock options 86 295 - 100 Diluted 14,278,777 14,863,188 14,077,042 14,747,637 Earnings (Loss) Per Share Basic Net Income (Loss) per share $ 0.07 $ 0.17 $ (0.00 ) $ 0.11 Diluted Net Income (Loss) per share $ 0.07 $ 0.17 $ (0.00 ) $ 0.11

Note 12 - Accumulated Other C_2

Note 12 - Accumulated Other Comprehensive Income (Loss) (Tables)	9 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	(dollars in thousands) Unrealized gains (losses) on available-for-sale investments Nine Months Ended March 31, 2024 Balance at June 30, 2023 $ 1,348 Other comprehensive income (loss) before reclassifications 251 Tax effect (52 ) Amount reclassified from AOCI (906 ) Tax effect 190 Net other comprehensive income (loss) (517 ) Balance at March 31, 2024 $ 831 Nine Months Ended March 31, 2023 Balance at June 30, 2022 $ 3,624 Other comprehensive income (loss) before reclassifications (1,189 ) Tax effect 250 Amount reclassified from AOCI (1,299 ) Tax effect 273 Net other comprehensive income (loss) (1,965 ) Balance at March 31, 2023 $ 1,659

Note 13 - Financial Informati_2

Note 13 - Financial Information by Business Segment (Tables)	9 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	(dollars in thousands) Investment Management Services Corporate Investments Consolidated Nine Months Ended March 31, 2024 Net operating revenues $ 8,544 $ - $ 8,544 Net investment income (loss) $ - $ 1,363 $ 1,363 Other income (loss) $ 183 $ - $ 183 Income (loss) before income taxes $ 164 $ 1,300 $ 1,464 Depreciation $ 163 $ - $ 163 Gross identifiable assets at March 31, 2024 $ 27,542 $ 23,390 $ 50,932 Deferred tax asset $ 1,840 Consolidated total assets at March 31, 2024 $ 52,772 Nine Months Ended March 31, 2023 Net operating revenues $ 11,764 $ - $ 11,764 Net investment income (loss) $ - $ (189 ) $ (189 ) Other income (loss) $ 184 $ - $ 184 Income (loss) before income taxes $ 3,461 $ (243 ) $ 3,218 Depreciation $ 183 $ - $ 183 Gross identifiable assets at March 31, 2023 $ 25,056 $ 29,030 $ 54,086 Deferred tax asset $ 1,659 Consolidated total assets at March 31, 2023 $ 55,745 Three Months Ended March 31, 2024 Net operating revenues $ 2,593 $ - $ 2,593 Net investment income (loss) $ - $ 460 $ 460 Other income (loss) $ 68 $ - $ 68 Income (loss) before income taxes $ (389 ) $ 429 $ 40 Depreciation $ 41 $ - $ 41 Three Months Ended March 31, 2023 Net operating revenues $ 3,624 $ - $ 3,624 Net investment income (loss) $ - $ 1,155 $ 1,155 Other income (loss) $ 61 $ - $ 61 Income (loss) before income taxes $ 815 $ 1,131 $ 1,946 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						9 Months Ended
	Mar. 31, 2024	Dec. 31, 2023	Sep. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Mar. 31, 2024	Mar. 31, 2023
Tax expense (benefit)	$ 75			$ 326			$ 446	$ 698
Net Income (Loss)	$ (35)	$ 1,229	$ (176)	$ 1,620	$ 847	$ 53	$ 1,018	$ 2,520
Basic Net Income (Loss) per Share (in dollars per share)	$ 0			$ 0.11			$ 0.07	$ 0.17
Diluted Net Income (Loss) per Share (in dollars per share)	$ 0			$ 0.11			$ 0.07	$ 0.17
Previously Reported [Member]
Tax expense (benefit)				$ 306				$ 602
Net Income (Loss)				$ 1,640				$ 2,616
Basic Net Income (Loss) per Share (in dollars per share)				$ 0.11				$ 0.18
Diluted Net Income (Loss) per Share (in dollars per share)				$ 0.11				$ 0.18
Revision of Prior Period, Adjustment [Member]
Tax expense (benefit)				$ 20				$ 96
Net Income (Loss)				$ (20)				$ (96)
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 ($)	Mar. 31, 2024	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	157,000		0
Retained Earnings (Accumulated Deficit)	37,628,000		37,747,000
Accounts Receivable, Allowance for Credit Loss	$ 0	$ 0	$ 0
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	Mar. 31, 2024	Jun. 30, 2023	Mar. 31, 2023
Investments in securities at fair value, current	$ 10,071	$ 11,642
Total VIE assets, maximum exposure to loss	52,772	55,673	$ 55,745
Variable Interest Entity, Not Primary Beneficiary [Member]
Investments in securities at fair value, current	10,071	11,642
Investments in equity securities at fair value, non-current	830	785
Other receivables	29	45
Total VIE assets, maximum exposure to loss	$ 10,930	$ 12,472

Note 3 - Investments (Details T

Note 3 - Investments (Details Textual)		1 Months Ended	3 Months Ended		9 Months Ended
		Jan. 31, 2024 USD ($)	Mar. 31, 2024 USD ($) $ / shares shares	Mar. 31, 2023 USD ($)	Mar. 31, 2024 USD ($) $ / shares shares		Mar. 31, 2023 USD ($)	Mar. 31, 2024 $ / shares	Jun. 30, 2023 USD ($)	Mar. 31, 2021 $ / shares shares	Jan. 31, 2021 USD ($) $ / shares
Investment Owned, Fair Value			$ 16,700,000		$ 16,700,000
Investment Owned, Cost			$ 18,900,000		$ 18,900,000
Value of Fair Value Investments to Company Assets, Percent			31.60%		31.60%
Equity Securities without Readily Determinable Fair Value, Amount			$ 1,114,000	$ 2,827,000	$ 1,114,000		$ 2,827,000		$ 2,388,000
Debt Securities, Held-to-Maturity, Amortized Cost, after Allowance for Credit Loss			843,000		843,000
Debt Securities, Available-for-Sale, Total	[1]		5,190,000		5,190,000
OCI, Debt Securities, Available-for-Sale, Unrealized Holding Gain (Loss), before Adjustment, after Tax			79,000	80,000	199,000		(939,000)
Equity Securities, FV-NI			11,311,000		11,311,000				13,205,000
Equity Securities, FV-NI			11,311,000		11,311,000				13,205,000
Debt Securities, Held-to-Maturity, Accumulated Unrecognized Loss	[2]		157,000		157,000				232,000
Debt Securities, Held-to-Maturity, Allowance for Credit Loss, Period Increase (Decrease)					(75,000)
Debt Securities, Held-to-Maturity, Credit Loss Expense (Reversal)			(20,000)		(75,000)	[3]	0
Debt Securities, Available-for-Sale, Periodic Principal Payments					750,000
Equity Securities without Readily Determinable Fair Value, Downward Price Adjustment, Cumulative Amount			5,000,000		5,000,000				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			267,000	394,000	906,000		1,300,000
Equity Securities Without Readily Determinable Fair Values, Unrealized Gain (Loss)			(240,000)	$ 0	(1,000,000)		$ (1,800,000)
Fair Value, Inputs, Level 3 [Member]
Equity Securities, FV-NI			0		0				290,000
Equity Securities, FV-NI			0		0				290,000
Warrant [Member]
Equity Securities, FV-NI		$ 5,900,000							290,000
Equity Securities, FV-NI		5,900,000							290,000
Warrant [Member] | Investment Income, Net
Equity Securities, FV-NI, Realized Loss		$ 5,900,000
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			5,200,000		5,200,000				7,300,000
HIVE Blockchain Technologies Ltd. [Member] | Unsecured Convertible Debentures [Member]
Debt Securities, Available-for-Sale, Total			$ 5,200,000		5,200,000				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
HIVE Blockchain Technologies Ltd. [Member] | Common Shares Purchase Warrants [Member] | Estimate of Fair Value Measurement [Member]
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			5,300,000		5,300,000
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		Mar. 31, 2024		Jun. 30, 2023
Equity Securities, FV-NI		$ 11,311		$ 13,205
Total investments in trading securities:		11,506		13,205
Investments in debt securities	[1]	5,190
Corporate Debt Securities [Member]
Corporate debt securities, fair value		195		0
Convertible Debt Securities [Member]
Investments in debt securities		5,190		7,008
Fair Value, Recurring [Member]
Total investments carried at fair value		16,696		20,213
Fair Value, Nonrecurring [Member]
Total investments carried at fair value		600	[2]	1,786	[3]
Equity Securities International [Member]
Equity Securities, FV-NI		411		778
Equity Securities International [Member] | Fair Value, Recurring [Member]
Equity Securities, FV-NI		411		778
Mutual Funds Fixed Income [Member]
Equity Securities, FV-NI		10,071		11,642
Mutual Funds Fixed Income [Member] | Fair Value, Recurring [Member]
Equity Securities, FV-NI		10,071		11,642
Mutual Funds Global Equity [Member]
Equity Securities, FV-NI		829		785
Mutual Funds Global Equity [Member] | Fair Value, Recurring [Member]
Equity Securities, FV-NI		829		785
Fair Value, Inputs, Level 1 [Member]
Equity Securities, FV-NI		11,311		12,915
Total investments in trading securities:		11,506		12,915
Fair Value, Inputs, Level 1 [Member] | Corporate Debt Securities [Member]
Corporate debt securities, fair value		195		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		11,506		12,915
Fair Value, Inputs, Level 1 [Member] | Fair Value, Nonrecurring [Member]
Total investments carried at fair value		0	[2]	0	[3]
Fair Value, Inputs, Level 1 [Member] | Equity Securities International [Member] | Fair Value, Recurring [Member]
Equity Securities, FV-NI		411		488
Fair Value, Inputs, Level 1 [Member] | Mutual Funds Fixed Income [Member] | Fair Value, Recurring [Member]
Equity Securities, FV-NI		10,071		11,642
Fair Value, Inputs, Level 1 [Member] | Mutual Funds Global Equity [Member] | Fair Value, Recurring [Member]
Equity Securities, FV-NI		829		785
Fair Value, Inputs, Level 2 [Member]
Equity Securities, FV-NI		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		0	[2]	0	[3]
Fair Value, Inputs, Level 2 [Member] | Equity Securities International [Member] | Fair Value, Recurring [Member]
Equity Securities, FV-NI		0		0
Fair Value, Inputs, Level 2 [Member] | Mutual Funds Fixed Income [Member] | Fair Value, Recurring [Member]
Equity Securities, FV-NI		0		0
Fair Value, Inputs, Level 2 [Member] | Mutual Funds Global Equity [Member] | Fair Value, Recurring [Member]
Equity Securities, FV-NI		0		0
Fair Value, Inputs, Level 3 [Member]
Equity Securities, FV-NI		0		290
Total investments in trading securities:		0		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		5,190		7,008
Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member]
Total investments carried at fair value		5,190		7,298
Fair Value, Inputs, Level 3 [Member] | Fair Value, Nonrecurring [Member]
Total investments carried at fair value		600	[2]	1,786	[3]
Fair Value, Inputs, Level 3 [Member] | Equity Securities International [Member] | Fair Value, Recurring [Member]
Equity Securities, FV-NI		0		290
Fair Value, Inputs, Level 3 [Member] | Mutual Funds Fixed Income [Member] | Fair Value, Recurring [Member]
Equity Securities, FV-NI		0		0
Fair Value, Inputs, Level 3 [Member] | Mutual Funds Global Equity [Member] | Fair Value, Recurring [Member]
Equity Securities, FV-NI		$ 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 nine months ended March 31, 2024. These securities are classified as level 3 due to the infrequency of the observable price changes and/or restrictions on the shares.[3]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. 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	9 Months Ended
	Mar. 31, 2024 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)	(290)
Other Comprehensive Income (Loss)	0
Ending Balance	0
Debt Securities [Member]
Beginning Balance	7,008
Principal repayments	(2,250)
Amortization of day one premium	(137)
Accretion of bifurcation discount	403
Net Investment Income (Loss)	821
Other Comprehensive Income (Loss)	(655)
Ending Balance	$ 5,190

Note 3 - Investments - Securiti

Note 3 - Investments - Securities Measured and Carried at Fair Value on Recurring Basis With Significant Unobservable Inputs (Details) $ in Thousands		Mar. 31, 2024 USD ($)	Jun. 30, 2023 USD ($)
Investments in debt securities	[1]	$ 5,190
Convertible Debt Securities [Member]
Investments in debt securities		$ 5,190	$ 7,008
Valuation Technique, Binomial Lattice Model [Member] | Measurement Input, Credit Spread [Member]
Corporate debt securities - Convertible debentures		0.0428
Valuation Technique, Binomial Lattice Model [Member] | Convertible Debt Securities [Member]
Investments in debt securities		$ 5,190
Valuation Technique, Binomial Lattice Model [Member] | Convertible Debt Securities [Member] | Measurement Input, Price Volatility [Member]
Corporate debt securities - Convertible debentures		1.10
Valuation Technique, Option Pricing Model [Member] | Measurement Input, Risk Free Interest Rate [Member]
Corporate debt securities - Convertible debentures		0.07
[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			9 Months Ended			12 Months Ended
		Mar. 31, 2024		Mar. 31, 2023	Mar. 31, 2024		Mar. 31, 2023	Jun. 30, 2023
Cost		$ 12,000,000			$ 12,000,000			$ 19,601,000
Unrealized gains losses		(689,000)			(689,000)
Equity Securities, FV-NI		11,311,000			11,311,000			13,205,000
Corporate debt securities		(65,000)		$ 0	(20,000)		$ 0
Total trading securities at fair value		12,215,000			12,215,000			19,601,000
Total trading securities at fair value		(709,000)			(709,000)			(6,396,000)
Total trading securities at fair value		11,506,000			11,506,000			13,205,000
Unrealized gains (losses) on equity securities		5,863,000		$ 283,000	5,699,000		$ (2,586,000)	(6,396,000)
Equity Securities, FV-NI		11,311,000			11,311,000			13,205,000
Amortized cost		6,651,000	[1]		6,651,000	[1]		7,729,000
Debt Securities, Available-for-Sale, Total	[1]	5,190,000			5,190,000
Allowance for credit losses		0			0			0
Corporate debt securities, cost	[2]	1,000,000			1,000,000			1,000,000
Corporate debt securities, gains	[2]	0			0			0
Corporate debt securities, losses	[2]	(157,000)			(157,000)			(232,000)
Corporate debt securities, fair value	[2]	843,000			843,000			768,000
Corporate debt securities	[2]	157,000			157,000			0
Convertible Debt Securities [Member]
Amortized cost		6,651,000			6,651,000			7,729,000
Gross unrealized gains in other comprehensive income (loss)		1,052,000			1,052,000			1,707,000
Gross unrealized losses in other comprehensive income (loss)		0			0			0
Gross unrealized losses in net investment income (loss)		(2,513,000)	[3]		(2,513,000)	[3]		(2,428,000)	[4]
Debt Securities, Available-for-Sale, Total		5,190,000			5,190,000			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		(20,000)
Corporate debt securities, fair value		195,000			195,000			0
Total trading securities at fair value								0
Equity Securities International [Member]
Cost		746,000			746,000			6,679,000
Unrealized gains losses		(335,000)			(335,000)
Equity Securities, FV-NI		411,000			411,000			778,000
Unrealized gains (losses) on equity securities								(5,901,000)
Equity Securities, FV-NI		411,000			411,000			778,000
Equity Securities Domestic [Member]
Cost		45,000			45,000			45,000
Unrealized gains losses		(45,000)			(45,000)
Equity Securities, FV-NI		0			0			0
Unrealized gains (losses) on equity securities								(45,000)
Equity Securities, FV-NI		0			0			0
Mutual Funds Fixed Income [Member]
Cost		10,280,000			10,280,000			11,947,000
Unrealized gains losses		(209,000)			(209,000)
Equity Securities, FV-NI		10,071,000			10,071,000			11,642,000
Unrealized gains (losses) on equity securities								(305,000)
Equity Securities, FV-NI		10,071,000			10,071,000			11,642,000
Mutual Funds Global Equity [Member]
Cost		929,000			929,000			930,000
Unrealized gains losses		(100,000)			(100,000)
Equity Securities, FV-NI		829,000			829,000			785,000
Unrealized gains (losses) on equity securities								(145,000)
Equity Securities, FV-NI		$ 829,000			$ 829,000			$ 785,000
[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.[3]Represents changes in unrealized gains and losses related to embedded derivatives included within net investment income (loss) on the Consolidated Statements of Operations.[4]Represents changes in unrealized gains and losses related to embedded derivatives included within net investment income (loss) on the Consolidated Statements of Operations.

Note 3 - Investments - Fair Val

Note 3 - Investments - Fair Value and Effect of Embedded Derivatives (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Mar. 31, 2024	Mar. 31, 2023	Jun. 30, 2023
Equity price risk exposure, asset			$ 29		$ 114
Equity price risk exposure	$ (22)	$ 55	$ (85)	$ 82

Note 3 - Investments - Schedule

Note 3 - Investments - Schedule of Allowance for Credit Loss on Held to Maturity Investments (Details) - USD ($)		3 Months Ended	9 Months Ended
		Mar. 31, 2024	Mar. 31, 2024		Mar. 31, 2023
Balance	[1]		$ 0
Provision for credit losses - reversal (1)		$ 20,000	75,000	[2]	$ 0
Balance	[1]	$ 157,000	157,000
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance			$ 232,000
[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 according to the fair value hierarchy.[2]Represents the change in present value attributable to the passage of time included in interest income.

Note 3 - Investments - Invest_2

Note 3 - Investments - Investments Classified by Contractual Maturity Date (Details) - USD ($) $ in Thousands		Mar. 31, 2024		Jun. 30, 2023
Amortized Cost		$ 6,651	[1]	$ 7,729
Amortized Cost		1,000
Investments in debt securities	[1]	5,190
Fair Value, held to maturity debt securities, due after five years through ten years		$ 843
[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		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023	Jun. 30, 2023
Other investments	$ 1,114	$ 2,827	$ 1,114	$ 2,827	$ 2,388
Upward carrying value changes	0	9	0	14
Downward carrying value changes/impairment	$ (499)	$ 0	$ (1,274)	$ (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		9 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023	Jun. 30, 2023
Realized gains (losses) on equity securities	$ (6,094)	$ (13)	$ (6,834)	$ (13)
Realized gains (losses) on debt securities	267	394	906	1,299
Unrealized gains (losses) on equity securities	5,863	283	5,699	(2,586)	$ (6,396)
Unrealized gains (losses) on debt securities	(65)	0	(20)	0
Unrealized gains (losses) on embedded derivatives	(22)	55	(85)	82
Unrealized gains (losses) on cash equivalents	0	0	(2)	0
Dividend and interest income	595	421	1,781	1,321
Realized foreign currency gains (losses)	(84)	15	(82)	(292)
Total Net Investment Income (Loss)	$ 460	$ 1,155	$ 1,363	$ (189)

Note 3 - Investments - Unrealiz

Note 3 - Investments - Unrealized Gains and Losses (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Net gains and losses recognized during the period		$ (231)	$ 270	$ (1,135)	$ (2,599)
Less: Net gains and losses recognized during the period on securities sold during the period		(3)	(13)	(256)	(13)
Unrealized gains and losses recognized during the reporting period on securities still held at the reporting date (1)	[1]	(228)	283	(879)	(2,586)
Net gains and losses recognized during the period		(65)	0	(20)	0
Less: Net gains and losses recognized during the period on securities sold during the period		0	0	0	0
Corporate debt securities		$ (65)	$ 0	$ (20)	$ 0
[1]Includes net unrealized and realized losses as a result of the measurement alternative of $240,000 and $1.0 million for the three and nine months ended March 31, 2024, respectively, and $0 and $1.8 million, for the three and nine months ended March 31, 2023, respectively.

Note 4 - Investment Managemen_3

Note 4 - Investment Management and Other Fees (Details Textual) - USD ($)	3 Months Ended			9 Months Ended
	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023	Jul. 01, 2023	Jun. 30, 2023
Accounts Receivable, Allowance for Credit Loss	$ 0			$ 0		$ 0	$ 0
Fund Clients [Member]
Receivables, Net, Current	858,000			858,000			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	37,000		$ 28,000	115,000	$ 77,000
U S Global E T Fs [Member] | Fund Clients [Member]
Receivables, Net, Current	$ 738,000			738,000			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	$ 193,000		$ 299,000	$ 638,000	$ 822,000
Investment Advisory Fees, Fee Adjustment Base Percentage Adjustment When Fund Performance is Not Within Limits to Benchmark Index	0.25%			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	$ 120,000			$ 120,000			$ 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		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Revenue from Contract with Customer, Including Assessed Tax	$ 2,593	$ 3,624	$ 8,544	$ 11,764
Investment And Advisory Services [Member]
Revenue from Contract with Customer, Including Assessed Tax	2,566	3,591	8,458	11,663
Investment And Advisory Services [Member] | U S Global E T Fs [Member]
Revenue from Contract with Customer, Including Assessed Tax	2,224	3,142	7,394	10,360
Investment And Advisory Services [Member] | U S Global Investors Funds [Member]
Revenue from Contract with Customer, Including Assessed Tax	443	558	1,408	1,693
Investment Performance [Member] | U S Global Investors Funds [Member]
Revenue from Contract with Customer, Including Assessed Tax	(101)	(109)	(344)	(390)
Administrative Service [Member]
Revenue from Contract with Customer, Including Assessed Tax	27	33	86	101
Administrative Service [Member] | U S Global Investors Funds [Member]
Revenue from Contract with Customer, Including Assessed Tax	$ 27	$ 33	$ 86	$ 101

Note 5 - Restricted and Unres_3

Note 5 - Restricted and Unrestricted Cash - Reconciliation of Cash, Cash Equivalents, and Restricted Cash (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Jun. 30, 2023
Cash and cash equivalents	$ 27,460	$ 25,401
Restricted cash	1,000	1,000
Total cash, cash equivalents, and restricted cash	$ 28,460	$ 26,401

Note 6 - Leases (Details Textua

Note 6 - Leases (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023	Jun. 30, 2023
Lease, Cost	$ 34,000	$ 33,000	$ 101,000	$ 89,000
Operating Lease, Lease Income	23,000	31,000	78,000	96,000
Other Assets [Member]
Lessor, Cost, Contracts Asset	3,000		3,000		$ 4,000
General and Administrative Expense [Member]
Lease, Cost	$ 33,000	$ 32,000	$ 99,000	$ 86,000

Note 6 - Leases - Lease Expense

Note 6 - Leases - Lease Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023	Jun. 30, 2023
Amortization of right-of-use assets	$ 7	$ 7	$ 23	$ 22
Interest on lease liabilities	1	1	2	3
Total finance lease cost	8	8	25	25
Short-term lease cost	26	25	76	64
Total lease cost	34	33	101	89
Operating cash flows from financing leases included in lease liabilities	1	1	2	3
Financing cash flows from financing leases included in lease liabilities	$ 7	$ 7	$ 22	$ 20
Weighted-average remaining lease term - financing leases (years) (Year)	1 year 6 months		1 year 6 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	Mar. 31, 2024 USD ($)
2024 (excluding the nine months ended March 31, 2024)	$ 8
2025	33
2026	8
Total lease payments	49
Less imputed interest	(2)
Total	$ 47

Note 6 - Leases - Summary Analy

Note 6 - Leases - Summary Analysis of Annual Undiscounted Cash Flows to be Received on Leases (Details) $ in Thousands	Mar. 31, 2024 USD ($)
2024 (excluding the nine months ended March 31, 2024)	$ 10
2025	36
Total lease payments	$ 46

Note 7 - Other Accrued Expens_3

Note 7 - Other Accrued Expenses (Details Textual) - USD ($)	Mar. 31, 2024	Jun. 30, 2023
Accounts and Other Receivables, Net, Current	$ 1,027,000	$ 1,245,000
HIVE Blockchain Technologies Ltd. [Member]
Accounts and Other Receivables, Net, Current	$ 127,000	$ 43,000

Note 7 - Other Accrued Expens_4

Note 7 - Other Accrued Expenses - Other Accrued Expenses (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Jun. 30, 2023
Professional fees	$ 538	$ 697
Vendors payable	359	157
ETF operating and distribution expenses	548	344
Other taxes payable	73	76
Other	111	0
Other accrued expenses	$ 1,629	$ 1,274

Note 8 - Debt (Details Textual)

Note 8 - Debt (Details Textual) $ in Millions	Mar. 31, 2024 USD ($)
Line of Credit Facility, Maximum Borrowing Capacity	$ 1
Line of Credit [Member] | Money Market Funds [Member]
Debt Instrument, Collateral Amount	$ 1

Note 9 - Stockholders' Equity (

Note 9 - Stockholders' Equity (Details Textual) - USD ($)	1 Months Ended	3 Months Ended						9 Months Ended
	Mar. 31, 2024	Mar. 31, 2024	Dec. 31, 2023	Sep. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Mar. 31, 2024	Mar. 31, 2023	Feb. 25, 2022	Feb. 24, 2022
Payments for Repurchase of Common Stock								$ 1,748,000	$ 938,000
Excise Tax Liability Accrued on Stock Repurchases		$ 5,000						$ 17,000
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, 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
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period (in shares)		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
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Number (in shares)	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
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price (in dollars per share)					$ 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
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
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Number (in shares)					2,000				2,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price (in dollars per share)					$ 2.74				$ 2.74
Treasury Stock, Common [Member]
Treasury Stock, Shares, Acquired (in shares)		211,282	196,295	198,213	193,040	87,407	39,965
Treasury Stock, Common [Member] | Common Class A [Member]
Treasury Stock, Shares, Acquired (in shares)		211,282			193,040			605,790	320,412
Payments for Repurchase of Common Stock		$ 577,000			$ 556,000			$ 1,700,000	$ 938,000
Share Repurchase Plan Renewal December2012 December2020 [Member]
Stock Repurchase Program, Authorized Amount	$ 5,000,000	$ 5,000,000						$ 5,000,000		$ 5,000,000	$ 2,750,000
Monthly Dividends Paid [Member]
Common Stock, Dividends, Per Share, Cash Paid (in dollars per share)	$ 0.0075							$ 0.0075

Note 10 - Earnings Per Share (D

Note 10 - Earnings Per Share (Details Textual) - shares	3 Months Ended		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Share-Based Payment Arrangement, Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	231,000	229,000	229,000	229,000

Note 10 - Earnings Per Share -

Note 10 - Earnings Per Share - Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended						9 Months Ended
	Mar. 31, 2024	Dec. 31, 2023	Sep. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Mar. 31, 2024	Mar. 31, 2023
Net income (loss)	$ (35)	$ 1,229	$ (176)	$ 1,620	$ 847	$ 53	$ 1,018	$ 2,520
Basic weighted average number of common shares outstanding (in shares)	14,077,042			14,747,537			14,278,691	14,862,893
Stock options (in shares)	0			100			86	295
Diluted (in shares)	14,077,042			14,747,637			14,278,777	14,863,188
Basic Net Income (Loss) per share (in dollars per share)	$ 0			$ 0.11			$ 0.07	$ 0.17
Diluted Net Income (Loss) per share (in dollars per share)	$ 0			$ 0.11			$ 0.07	$ 0.17

Note 11 - Income Taxes (Details

Note 11 - Income Taxes (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023	Jun. 30, 2023
Liability for Uncertainty in Income Taxes, Current	$ 549,000		$ 549,000
Unrecognized Tax Benefits	$ 549,000		$ 549,000
Domestic Tax Jurisdiction [Member]
Effective Income Tax Rate Reconciliation, Percent	187.50%	16.80%	30.50%	21.70%
Foreign Tax Jurisdiction [Member] | Canada Revenue Agency [Member]
Deferred Tax Assets, Valuation Allowance	$ 26,000		$ 26,000		$ 24,000

Note 12 - Accumulated Other C_3

Note 12 - Accumulated Other Comprehensive Income (Loss) - Changes in Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Mar. 31, 2024	Dec. 31, 2023	Sep. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Mar. 31, 2024	Mar. 31, 2023
Balance	$ 50,890	$ 50,701	$ 52,196	$ 51,925	$ 52,896	$ 53,785	$ 52,196	$ 53,785
Net other comprehensive income (loss)	(132)	(171)	(214)	(231)	(1,248)	(486)	(517)	(1,965)
Balance	49,846	$ 50,890	50,701	52,445	$ 51,925	52,896	49,846	52,445
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							251	(1,189)
Tax effect							(52)	250
Amount reclassified from AOCI							(906)	(1,299)
Tax effect							190	273
Net other comprehensive income (loss)							(517)	(1,965)
Balance	$ 831			$ 1,659			$ 831	$ 1,659

Note 13 - Financial Informati_3

Note 13 - Financial Information by Business Segment (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Revenue from Contract with Customer, Including Assessed Tax	$ 2,593,000	$ 3,624,000	$ 8,544,000	$ 11,764,000
Investment Management Services [Member]
Revenue from Contract with Customer, Including Assessed Tax	2,593,000	3,624,000	8,544,000	11,764,000
Investment Management Services [Member] | U S Global E T Fs [Member]
Revenue from Contract with Customer, Including Assessed Tax	2,200,000	3,100,000	7,400,000	10,400,000
Investment Management Services [Member] | U S Global Investors Funds [Member]
Revenue from Contract with Customer, Including Assessed Tax	$ 369,000	$ 482,000	$ 1,200,000	$ 1,400,000

Note 13 - Financial Informati_4

Note 13 - Financial Information by Business Segment - Total Revenues and Income by Business Segment (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023	Jun. 30, 2023
Revenue from Contract with Customer, Including Assessed Tax	$ 2,593	$ 3,624	$ 8,544	$ 11,764
Net investment income (loss)	460	1,155	1,363	(189)
Other income (loss)	68	61	183	184
Income (loss) before income taxes	40	1,946	1,464	3,218
Depreciation	41	61	163	183
Gross identifiable assets	50,932	54,086	50,932	54,086
Deferred tax asset	1,840	1,659	1,840	1,659	$ 1,920
Consolidated total assets	52,772	55,745	52,772	55,745	$ 55,673
Investment Management Services [Member]
Revenue from Contract with Customer, Including Assessed Tax	2,593	3,624	8,544	11,764
Net investment income (loss)	0	0	0	0
Other income (loss)	68	61	183	184
Income (loss) before income taxes	(389)	815	164	3,461
Depreciation	41	61	163	183
Gross identifiable assets	27,542	25,056	27,542	25,056
Corporate Investments [Member]
Revenue from Contract with Customer, Including Assessed Tax	0	0	0	0
Net investment income (loss)	460	1,155	1,363	(189)
Other income (loss)	0	0	0	0
Income (loss) before income taxes	429	1,131	1,300	(243)
Depreciation	0	0	0	0
Gross identifiable assets	$ 23,390	$ 29,030	$ 23,390	$ 29,030

Note 14 - Contingencies and C_2

Note 14 - Contingencies and Commitments (Details Textual) - USD ($)	3 Months Ended
	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Sep. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022
Dividends, Common Stock, Cash		$ 312,000	$ 320,000	$ 322,000	$ 329,000	$ 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	$ 317,000

Note 15 - Subsequent Event (Det

Note 15 - Subsequent Event (Details Textual) - U S Global Investors Funds [Member]	Mar. 31, 2024
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%