Daily Journal (DJCO) 10-Q 14 Aug 23 2023 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Jun. 30, 2023	Jul. 31, 2023
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2023
Document Transition Report	false
Entity File Number	0-14665
Entity Registrant Name	DAILY JOURNAL CORPORATION
Entity Incorporation, State or Country Code	SC
Entity Tax Identification Number	95-4133299
Entity Address, Address Line One	915 East First Street
Entity Address, City or Town	Los Angeles
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	90012-4050
City Area Code	213
Local Phone Number	229-5300
Title of 12(b) Security	Common Stock
Trading Symbol	DJCO
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
Entity Common Stock, Shares Outstanding (in shares)		1,377,026
Entity Central Index Key	0000783412
Current Fiscal Year End Date	--09-30
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3
Amendment Flag	false

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2023	Sep. 30, 2022
Current assets
Cash and cash equivalents	$ 20,434,000	$ 13,423,000
Restricted cash	2,083,000	2,045,000
Marketable securities at fair value -- common stocks	316,038,000	275,529,000
Accounts receivable, less allowance for doubtful accounts of $250,000 at June 30, 2023 and September 30, 2022	17,205,000	16,931,000
Inventories	57,000	56,000
Income tax receivable	137,000	451,000
Prepaid expenses and other current assets	561,000	1,019,000
Total current assets	356,515,000	309,454,000
Property, plant and equipment, at cost
Land, buildings and improvements	16,400,000	16,330,000
Furniture, office equipment and computer software	1,704,000	1,688,000
Machinery and equipment	1,521,000	1,521,000
Property, Plant and Equipment, Gross	19,625,000	19,539,000
Less accumulated depreciation	(10,199,000)	(9,986,000)
Property, Plant and Equipment, Net	9,426,000	9,553,000
Operating lease right-of-use assets	34,000	104,000
Assets	365,975,000	319,111,000
Current liabilities
Accounts payable	6,114,000	5,062,000
Accrued liabilities	5,375,000	7,066,000
Note payable collateralized by real estate	157,000	146,000
Total current liabilities	38,590,000	33,619,000
Long term liabilities
Investment margin account borrowings	81,000,000	75,000,000
Note payable collateralized by real estate	1,160,000	1,285,000
Deferred maintenance agreements and others	414,000	370,000
Accrued liabilities	3,855,000	4,547,000
Deferred income taxes	34,002,000	25,273,000
Total long-term liabilities	120,431,000	106,475,000
Commitments and Contingencies
Shareholders' equity
Preferred stock, $.01 par value, 5,000,000 shares authorized and no shares issued	0	0
Common stock, $.01 par value, 5,000,000 shares authorized; 1,805,053 shares issued, including 428,027 and 424,307 treasury shares, at June 30, 2023 and September 30, 2022, respectively	14,000	14,000
Additional paid-in capital	1,755,000	1,755,000
Retained earnings	205,185,000	177,248,000
Total shareholders' equity	206,954,000	179,017,000
Liabilities and Equity	365,975,000	319,111,000
Subscription and Circulation [Member]
Current liabilities
Deferred revenue	2,786,000	2,679,000
Professional Fees [Member]
Current liabilities
Deferred revenue	8,085,000	6,394,000
License and Maintenance [Member]
Current liabilities
Deferred revenue	$ 16,073,000	$ 12,272,000

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Unaudited) (Parentheticals) - USD ($)	Jun. 30, 2023	Sep. 30, 2022
Accounts receivable, allowance for doubtful accounts	$ 250,000	$ 250,000
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	5,000,000	5,000,000
Common stock, shares issued (in shares)	1,805,053	1,805,053
Treasury Stock, Common, Shares (in shares)	428,027

Consolidated Statements of Inco

Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)	3 Months Ended						9 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2023	Jun. 30, 2022
Revenues	$ 17,704,000			$ 12,817,000			$ 46,159,000	$ 35,502,000
Costs and expenses
Salaries and employee benefits	10,817,000			9,421,000			30,453,000	26,745,000
Decrease to the long-term supplemental compensation accrual	(95,000)			1,985,000			(815,000)	(65,000)
Agency commissions	261,000			265,000			705,000	705,000
Outside services	1,905,000			1,074,000			4,885,000	2,912,000
Postage and delivery expenses	171,000			165,000			505,000	492,000
Newsprint and printing expenses	218,000			174,000			610,000	529,000
Depreciation and amortization	68,000			73,000			213,000	301,000
Equipment maintenance and software	467,000			263,000			1,124,000	881,000
Credit card merchant discount fees	505,000			429,000			1,385,000	1,249,000
Rent expenses	70,000			64,000			213,000	187,000
Accounting and legal fees	261,000			206,000			756,000	748,000
Other general and administrative expenses	743,000			801,000			2,903,000	2,492,000
Operating Expenses	15,391,000			14,920,000			42,937,000	37,176,000
Income from operations	2,313,000			(2,103,000)			3,222,000	(1,674,000)
Other income (expense)
Dividends and interest income	1,987,000			1,263,000			7,119,000	4,251,000
Gains on sale of land	0			272,000			0	272,000
Net unrealized gains (losses) on marketable securities	(2,735,000)			(12,666,000)			29,934,000	(57,075,000)
Income (loss) before income taxes	382,000			(13,527,000)			37,577,000	(40,532,000)
Income tax benefits	295,000			3,665,000			(9,640,000)	9,735,000
Net income (loss)	$ 677,000	$ 9,433,000	$ 17,827,000	$ (9,862,000)	$ (27,813,000)	$ 6,878,000	$ 27,937,000	$ (30,797,000)
Weighted average number of common shares outstanding - basic and diluted (in shares)	1,377,026			1,380,133			1,377,026	1,380,542
Basic and diluted net income (loss) per share (in dollars per share)	$ 0.49			$ (7.15)			$ 20.29	$ (22.31)
Comprehensive income (loss)	$ 677,000			$ (9,862,000)			$ 27,937,000	$ (30,797,000)
Margin Account [Member]
Other income (expense)
Interest expense on debt	(1,172,000)			(281,000)			(3,085,000)	(517,000)
Real Estate Bank Loan Secured by Logan Office [Member]
Other income (expense)
Interest expense on debt	(11,000)			(12,000)			(35,000)	(38,000)
Advertising [Member]
Revenues	2,304,000			2,254,000			6,498,000	6,384,000
Subscription and Circulation [Member]
Revenues	1,100,000			1,097,000			3,306,000	3,279,000
Advertising Service Fees and Other [Member]
Revenues	726,000			787,000			2,203,000	2,200,000
License and Maintenance [Member]
Revenues	7,060,000			4,633,000			17,134,000	13,721,000
Consulting Fees [Member]
Revenues	4,393,000			2,267,000			11,148,000	4,697,000
Service, Other [Member]
Revenues	$ 2,121,000			$ 1,779,000			$ 5,870,000	$ 5,221,000

Consolidated Statements of In_2

Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) (Unaudited) - USD ($)	1 Months Ended		3 Months Ended						9 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2023	Jun. 30, 2022
Revenues			$ 17,704,000			$ 12,817,000			$ 46,159,000	$ 35,502,000
Costs and expenses
Salaries and employee benefits			10,817,000			9,421,000			30,453,000	26,745,000
Decrease to the long-term supplemental compensation accrual			(95,000)			1,985,000			(815,000)	(65,000)
Agency commissions			261,000			265,000			705,000	705,000
Outside services			1,905,000			1,074,000			4,885,000	2,912,000
Postage and delivery expenses			171,000			165,000			505,000	492,000
Newsprint and printing expenses			218,000			174,000			610,000	529,000
Depreciation and amortization			68,000			73,000			213,000	301,000
Equipment maintenance and software			467,000			263,000			1,124,000	881,000
Credit card merchant discount fees			505,000			429,000			1,385,000	1,249,000
Rent expenses			70,000			64,000			213,000	187,000
Accounting and legal fees			261,000			206,000			756,000	748,000
Other general and administrative expenses			743,000			801,000			2,903,000	2,492,000
Operating Expenses			15,391,000			14,920,000			42,937,000	37,176,000
Income from operations			2,313,000			(2,103,000)			3,222,000	(1,674,000)
Other income (expense)
Dividends and interest income			1,987,000			1,263,000			7,119,000	4,251,000
Gains on sale of land			0			272,000			0	272,000
Realized gains on sales of marketable securities	$ 422,000	$ 14,249,000							422,000	14,249,000
Net unrealized gains (losses) on marketable securities			(2,735,000)			(12,666,000)			29,934,000	(57,075,000)
Income (loss) before income taxes			382,000			(13,527,000)			37,577,000	(40,532,000)
Income tax benefits			295,000			3,665,000			(9,640,000)	9,735,000
Net income (loss)			$ 677,000	$ 9,433,000	$ 17,827,000	$ (9,862,000)	$ (27,813,000)	$ 6,878,000	$ 27,937,000	$ (30,797,000)
Weighted average number of common shares outstanding - basic and diluted (in shares)			1,377,026			1,380,133			1,377,026	1,380,542
Basic and diluted net income (loss) per share (in dollars per share)			$ 0.49			$ (7.15)			$ 20.29	$ (22.31)
Comprehensive income (loss)			$ 677,000			$ (9,862,000)			$ 27,937,000	$ (30,797,000)
Margin Account [Member]
Other income (expense)
Interest expense on debt			(1,172,000)			(281,000)			(3,085,000)	(517,000)
Real Estate Bank Loan Secured by Logan Office [Member]
Other income (expense)
Interest expense on debt			(11,000)			(12,000)			(35,000)	(38,000)
Advertising [Member]
Revenues			2,304,000			2,254,000			6,498,000	6,384,000
Subscription and Circulation [Member]
Revenues			1,100,000			1,097,000			3,306,000	3,279,000
Advertising Service Fees and Other [Member]
Revenues			726,000			787,000			2,203,000	2,200,000
License and Maintenance [Member]
Revenues			7,060,000			4,633,000			17,134,000	13,721,000
Consulting Fees [Member]
Revenues			4,393,000			2,267,000			11,148,000	4,697,000
Service, Other [Member]
Revenues			$ 2,121,000			$ 1,779,000			$ 5,870,000	$ 5,221,000

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($)	Common Stock [Member]	Treasury Stock, Common [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Balance (in shares) at Sep. 30, 2021	1,805,053	(424,307)
Balance at Sep. 30, 2021	$ 18,000	$ (4,000)	$ 1,755,000	$ 252,872,000	$ 254,641,000
Net income (loss)				6,878,000	6,878,000
Balance (in shares) at Dec. 31, 2021	1,805,053	(424,307)
Balance at Dec. 31, 2021	$ 18,000	$ (4,000)	1,755,000	259,750,000	261,519,000
Balance (in shares) at Sep. 30, 2021	1,805,053	(424,307)
Balance at Sep. 30, 2021	$ 18,000	$ (4,000)	1,755,000	252,872,000	254,641,000
Net income (loss)					(30,797,000)
Balance (in shares) at Jun. 30, 2022	1,805,053	(428,027)
Balance at Jun. 30, 2022	$ 18,000	$ (4,000)	1,755,000	222,075,000	223,844,000
Balance (in shares) at Dec. 31, 2021	1,805,053	(424,307)
Balance at Dec. 31, 2021	$ 18,000	$ (4,000)	1,755,000	259,750,000	261,519,000
Net income (loss)	$ 0	$ 0	0	(27,813,000)	(27,813,000)
Balance (in shares) at Mar. 31, 2022	1,805,053	(424,307)
Balance at Mar. 31, 2022	$ 18,000	$ (4,000)	1,755,000	231,937,000	233,706,000
Net income (loss)				(9,862,000)	(9,862,000)
Receipt of donated treasury stock (in shares)	0	(3,720)
Balance (in shares) at Jun. 30, 2022	1,805,053	(428,027)
Balance at Jun. 30, 2022	$ 18,000	$ (4,000)	1,755,000	222,075,000	223,844,000
Balance (in shares) at Sep. 30, 2022	1,805,053	(428,027)
Balance at Sep. 30, 2022	$ 18,000	$ (4,000)	1,755,000	177,248,000	179,017,000
Net income (loss)	$ 0	$ 0	0	17,827,000	17,827,000
Balance (in shares) at Dec. 31, 2022	1,805,053	(428,027)
Balance at Dec. 31, 2022	$ 18,000	$ (4,000)	1,755,000	195,075,000	196,844,000
Balance (in shares) at Sep. 30, 2022	1,805,053	(428,027)
Balance at Sep. 30, 2022	$ 18,000	$ (4,000)	1,755,000	177,248,000	179,017,000
Net income (loss)					27,937,000
Balance (in shares) at Jun. 30, 2023	1,805,053	(428,027)
Balance at Jun. 30, 2023	$ 18,000	$ (4,000)	1,755,000	205,185,000	206,954,000
Balance (in shares) at Dec. 31, 2022	1,805,053	(428,027)
Balance at Dec. 31, 2022	$ 18,000	$ (4,000)	1,755,000	195,075,000	196,844,000
Net income (loss)	$ 0	$ 0	0	9,433,000	9,433,000
Balance (in shares) at Mar. 31, 2023	1,805,053	(428,027)
Balance at Mar. 31, 2023	$ 18,000	$ (4,000)	1,755,000	204,508,000	206,277,000
Net income (loss)	$ 0	$ 0	0	677,000	677,000
Balance (in shares) at Jun. 30, 2023	1,805,053	(428,027)
Balance at Jun. 30, 2023	$ 18,000	$ (4,000)	$ 1,755,000	$ 205,185,000	$ 206,954,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Cash flows from operating activities
Net income (loss)	$ 27,937,000	$ (30,797,000)
Adjustments to reconcile net income (loss) to net cash provided from operations
Depreciation and amortization	213,000	301,000
Net unrealized (gains) losses on marketable securities	(29,934,000)	57,075,000
Realized gains on sales of marketable securities	(422,000)	(14,249,000)
Gains on sale of land	0	(272,000)
Stock dividends	(2,978,000)	0
Deferred income taxes	8,729,000	(12,345,000)
(Increase) decrease in current assets
Accounts receivable, net	(274,000)	(1,170,000)
Inventories	(1,000)	(27,000)
Prepaid expenses and other assets	(40,000)	90,000
Income tax receivable	882,000	(3,950,000)
Increase (decrease) in liabilities
Accounts payable	1,052,000	168,000
Accrued liabilities	(2,383,000)	(794,000)
Income tax payable		(6,244,000)
Net cash provided from (used in) operating activities	8,424,000	(9,865,000)
Cash flows from investing activities
Proceeds from sales of marketable securities	2,826,000	80,570,000
Purchases of marketable securities	(10,001,000)	(117,678,000)
Sale of land	0	381,000
Purchases of property, plant and equipment	(86,000)	(14,000)
Net cash used in investing activities	(7,261,000)	(36,741,000)
Cash flows from financing activities
Borrowing from margin loan account	6,011,000	43,014,000
Repayment of margin loan	11,000	14,000
Payment of real estate loan principal	(114,000)	(110,000)
Net cash provided from financing activities	5,886,000	42,890,000
Increase (decrease) in cash and restricted cash and cash equivalents	7,049,000	(3,716,000)
Cash and restricted cash and cash equivalents
Beginning of period	15,468,000	14,639,000
End of period	22,517,000	10,923,000
Interest paid during period	3,053,000	509,000
Net income taxes paid	88,000	12,801,000
Subscription and Circulation [Member]
Increase (decrease) in liabilities
Deferred liability	107,000	106,000
Professional Fees [Member]
Increase (decrease) in liabilities
Deferred liability	1,691,000	1,197,000
License and Maintenance [Member]
Increase (decrease) in liabilities
Deferred liability	$ 3,845,000	$ 1,046,000

Note 1 - The Corporation and Op

Note 1 - The Corporation and Operations	9 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	Note 1 - The Corporation and Operations Daily Journal Corporation (“Daily Journal”) publishes newspapers and websites covering California and Arizona and produces several specialized information services. It also serves as a newspaper representative specializing in public notice advertising. This is sometimes referred to as the Company’s “Traditional Business”. Journal Technologies, Inc. (“Journal Technologies”), a wholly-owned subsidiary of Daily Journal, supplies case management software systems and related products to courts, prosecutor and public defender offices, probation departments and other justice agencies, including administrative law organizations, city and county governments and bar associations. These organizations use the Journal Technologies family of products to help manage cases and information electronically, to interface with other critical justice partners and to extend electronic services to the public, including e-filing and a website to pay traffic citations and fees online. These products are licensed in approximately 30 states and internationally. In August 2022, the Company established a new wholly-owned subsidiary, Journal Technologies (Canada) Inc., in Victoria BC, Canada. Essentially all of the Company’s U.S. operations are based in California, Arizona and Utah. The Company also has a presence in Australia where Journal Technologies is working on three software installation projects.

Note 2 - Basis of Presentation

Note 2 - Basis of Presentation	9 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Basis of Accounting [Text Block]	Note 2 - Basis of Presentation In the opinion of the Company, the accompanying interim unaudited consolidated financial statements contain all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation of its financial position as of June 30, 2023, its results of operations for the three- and nine-month periods ended June 30, 2023 and 2022, its consolidated statements of shareholders’ equity for the nine months ended June 30, 2023 and 2022 and cash flows for the nine months ended June 30, 2023 and 2022. The results of operations for the nine months ended June 30, 2023 are not necessarily indicative of the results to be expected for the full year. The consolidated financial statements included herein have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations, although the Company believes that the disclosures are adequate to make the information presented not misleading. These financial statements should be read in conjunction with the financial statements and the notes thereto included in the Company's Annual Report on Form 10-K for the fiscal year ended September 30, 2022. Certain reclassifications of previously reported amounts have been made to conform to the current year’s presentation.

Note 3 - New Accounting Pronoun

Note 3 - New Accounting Pronouncement	9 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
New Accounting Pronouncement [Text Block]	Note 3 – New Accounting Pronouncement Current Expected Credit Losses In June 2016, the Financial Accounting Standards Board issued a new Accounting Standards Codification (“ASU”) requiring financial assets measured at amortized cost be presented at the net amount expected to be collected, through an allowance for credit losses that is deducted from the amortized cost basis. The ASU eliminates the threshold for initial recognition in current U.S. GAAP and reflects an entity’s current estimate of all expected credit losses. The measurement of expected credit losses is based on historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the financial assets. The ASU is effective for the Company beginning in the first quarter of fiscal 2024. The adoption of this guidance is not expected to have a material effect on the Company’s consolidated financial statements.

Note 4 - Right-of-use (ROU) Ass

Note 4 - Right-of-use (ROU) Asset	9 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	Note 4 – Right-of-Use (ROU) Asset At June 30, 2023, the Company had a ROU asset and lease liability of approximately $34,000 for its operating office and equipment leases, including approximately $7,000 beyond one year. Operating office and equipment leases are included in operating lease ROU assets, current accrued liabilities and long-term accrued liabilities in the Company’s accompanying Consolidated Balance Sheets.

Note 5 - Revenue Recognition

Note 5 - Revenue Recognition	9 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	Note 5 – Revenue Recognition The Company recognizes revenues in accordance with the provisions of ASU No. 2014-09, Revenue from Contracts with Customers (ASC Topic 606) For the Traditional Business, proceeds from the sale of subscriptions for newspapers, court rule books and other publications and other services are recorded as deferred revenue and are included in earned revenue only when the services are provided, generally over the subscription term. Advertising revenues are recognized when advertisements are published and are net of agency commissions. Journal Technologies contracts may include several products and services, which are generally distinct and include separate transaction pricing and performance obligations. Most are one-transaction contracts. These current subscription-type contract revenues include (i) implementation consulting fees to configure the system to go-live, (ii) subscription software license, maintenance (including updates and upgrades) and support fees, and (iii) third-party hosting fees when used. Revenues for consulting are generally recognized at point of delivery (go-live) upon completion of services. These contracts include assurance warranty provisions for limited periods and do not include financing terms. For some contracts, the Company acts as a principal with respect to certain services, such as data conversion, interfaces and hosting that are provided by third-parties, and recognizes such revenues on a gross basis. For legacy contracts with perpetual license arrangements, licenses and consulting services are recognized at point of delivery (go-live), and maintenance revenues are recognized ratably after the go-live. Other public service fees are earned and recognized as revenues when the Company processes credit card payments on behalf of the courts via its websites through which the public can efile cases and pay traffic citations and other fees. ASC 606 also requires the capitalization of certain costs of obtaining contracts, specifically sales commissions which are to be amortized over the expected term of the contracts. For its software contracts, the Company incurs an immaterial amount of sales commission costs which have no significant impact on the Company’s financial condition and results of operations. In addition, the Company’s implementation and fulfillment costs do not meet all criteria required for capitalization. Since the Company generally recognizes revenues when it can invoice the customer pursuant to the contract for the value of completed performance, as a practical expedient and because reliable estimates cannot be made, it has elected not to include as revenues the transaction price allocated to unsatisfied performance obligations. Also, as a practical expedient, the Company has elected not to include its evaluation of variable consideration of certain usage-based fees (i.e. public service fees) that are included in some contracts. Furthermore, there are no fulfillment costs to be capitalized for the software contracts because these costs do not generate or enhance resources that will be used in satisfying future performance obligations.

Note 6 - Treasury Stock and Net

Note 6 - Treasury Stock and Net Income Per Common Share	9 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Equity [Text Block]	Note 6 - Treasury stock and net income per common share In June 2022, the Company received from Director Charles T. Munger 3,720 shares of Daily Journal common stock as his gracious personal gift (worth approximately $1 million on the date of the gift) for the purpose of establishing a new senior management equity incentive plan, which is still in the process of being set up. These donated shares were considered treasury stock, and the Company accounted for them using the par method which resulted in an immaterial effect on the amount of Treasury Stock and Additional Paid-in Capital. In addition, the number of outstanding shares of the Company was reduced by these 3,720 shares to reflect the actual number of outstanding shares of 1,377,026 as of June 30, 2023. The net income per common share is based on the weighted average number of shares outstanding during each year. The shares used in the calculation were 1,377,026 for both the three- and nine-month periods ended June 30, 2023. For the three- and nine-month periods ended June 30, 2022, the weighted average number of shares outstanding were 1,380,133 and 1,380,542, respectively. The Company does not have any common stock equivalents, and therefore basic and diluted net income per share is the same.

Note 7 - Basic and Diluted Net

Note 7 - Basic and Diluted Net Income Per Share	9 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Earnings Per Share [Text Block]	Note 7 - Basic and Diluted Net Income Per Share The Company does not have any common stock equivalents, and therefore basic and diluted net income per share are the same.

Note 8 - Investments in Marketa

Note 8 - Investments in Marketable Securities	9 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	Note 8 - Investments in Marketable Securities All investments are classified as “Current assets” because they are available for sale at any time. These “available-for-sale” marketable securities are stated at fair value. The Company uses quoted prices in active markets for identical assets (consistent with the Level 1 definition in the fair value hierarchy) to measure the fair value of its investments on a recurring basis pursuant to ASC 820, Fair Value Measurement In the nine months ended June 30, 2023, the Company recorded and included in its net income the net unrealized gains on marketable securities of $29,934,000, as compared with the net unrealized losses on marketable securities of $57,075,000, in the prior year period. In December 2022, the Company sold part of its marketable securities for approximately $2,826,000, realizing net gains of $422,000, and borrowed an additional $6,011,000 from the margin loan account to purchase additional marketable securities with a total cost of approximately $10,001,000. The Company repaid $11,000 subsequently. In addition, the Company received stock dividends in March 2023 worth approximately $2,978,000 from one of the companies in which it holds marketable securities. In December 2021 and March 2022, the Company sold part of its marketable securities for approximately $80,570,000, realizing net gains on the sales of those marketable securities of $14,249,000, and borrowed an additional $43,014,000 from the margin loan account to primarily purchase additional marketable securities with a total cost of approximately $117,678,000. There was a subsequent repayment of $14,000. Investments in marketable securities as of June 30, 2023 and September 30, 2022 are summarized below. Investment in Financial Instruments June 30, 2023 September 30, 2022 Aggregate fair value Amortized/ Adjusted cost basis Pretax unrealized gains Aggregate fair value Amortized/ Adjusted cost basis Pretax unrealized gains Marketable securities Common stocks $ 316,038,000 $ 165,412,000 $ 150,626,000 $ 275,529,000 $ 154,837,000 $ 120,692,000

Note 9 - Income Taxes

Note 9 - Income Taxes	9 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Income Tax Disclosure [Text Block]	Note 9 - Income Taxes For the nine months ended June 30, 2023, the Company recorded an income tax provision of $9,640,000 on the pretax income of $37,577,000. The income tax provision consisted of a tax provision of $110,000 on the realized gains on marketable securities, $7,950,000 on the unrealized gains on marketable securities, and a tax provision of $1,890,000 on income from operations and dividend income, partially offset by a tax benefit of $250,000 for the dividends received deduction and other permanent book and tax differences, and a tax benefit of $60,000 for the effect of a change in state apportionment on the beginning of the year’s deferred tax liability. Consequently, the overall effective tax rate for the nine months ended June 30, 2023 was 25.7%, after including the taxes on the realized and unrealized gains on marketable securities. For the nine months ended June 30, 2022, the Company recorded an income tax benefit of $9,735,000 on the pretax loss of $40,532,000. The income tax benefit consisted of a tax benefit of $15,425,000 on the unrealized losses on marketable securities and a benefit of $250,000 for the dividends received deduction and other permanent book and tax differences, offset by tax provisions of $3,850,000 on the realized gains on marketable securities, $500,000 on income from operations, and $1,590,000 for the effect of a change in state apportionment on the beginning of the year’s deferred tax liability. Consequently, the overall effective tax rate for the nine months ended June 30, 2022 was 24%, after including the taxes on the realized gains and unrealized losses on marketable securities. The Company files consolidated federal income tax returns in the United States and with various state jurisdictions and is no longer subject to examinations for fiscal years before fiscal 2019 2018

Note 10 - Debt and Commitments

Note 10 - Debt and Commitments	9 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Commitments Disclosure [Text Block]	Note 10 - Debt and Commitments During fiscal 2013, the Company borrowed from its investment margin account the aggregate purchase price of $29.5 million for two acquisitions, in each case pledging its marketable securities as collateral. There also have been subsequent borrowings of $51.5 million to purchase additional marketable securities bringing the margin loan balance up to $81 million as of June 30, 2023. The interest rate for these investment margin account borrowings fluctuates based on the Federal Funds Rate plus 50 basis points with interest only payable monthly. The interest rate as of June 30, 2023 was 5.75%. These investment margin account borrowings do not mature. In November 2015, the Company purchased a 30,700 square foot office building constructed in 1998 on about 3.6 acres in Logan, Utah that had been previously leased by Journal Technologies. The Company paid $1.24 million and financed the balance with a real estate bank loan of $2.26 million which has a fixed interest rate of 3.33%. This loan is secured by the Logan facility and can be paid off at any time without prepayment penalty. This real estate loan had a balance of approximately $1.32 million as of June 30, 2023. Each monthly installment payment is about $16,600. In October 2022, the Company again amended this real estate loan contract as the bank transferred its index to the Secured Overnight Financing Rate, which replaces the London Interbank Offered Rate. The term of the loan, including the interest rate and the balance, was not affected by the amendment. In April 2022, the Company sold approximately 17,564 square feet of the land along the front of its Logan building to the City of Logan for approximately $381,000 in connection with the City of Logan’s street widening project. The Company also owns its facilities in Los Angeles and leases space for its other offices under operating leases which expire at various dates through October 2023. Effective January 1, 2023, the Company began sponsoring a 401(k) retirement plan and a 409(A) non-qualified deferred compensation plan for its employees. As of June 30, 2023, there were deferred compensation liabilities of approximately $138,000 of which $122,000 were held under a trust account for the 409(A) plan.

Note 11 - Contingencies

Note 11 - Contingencies	9 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	Note 11 - Contingencies From time to time, the Company is subject to contingencies, including litigation, arising in the normal course of its business. While it is not possible to predict the results of such contingencies, management does not believe the ultimate outcome of these matters will have a material adverse effect on the Company’s financial position, results of operations or cash flows.

Note 12 - Operating Segments

Note 12 - Operating Segments	9 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	Note 12 - Operating Segments The Company’s Traditional Business is one reportable segment and the other is Journal Technologies which includes Journal Technologies, Inc. and Journal Technologies (Canada) Inc. All inter-segment transactions were eliminated. Additional detail about each of the reportable segments and its income and expenses is set forth below: Overall Financial Results (000) For the nine months ended June 30 Reportable Segments Traditional Business Journal Technologies Corporate income and expenses Total 2023 2022 2023 2022 2023 2022 2023 2022 Revenues Advertising $ 6,498 $ 6,384 $ - $ - $ - $ - $ 6,498 $ 6,384 Circulation 3,306 3,279 - - - - 3,306 3,279 Advertising service fees and other 2,203 2,200 - - - - 2,203 2,200 Licensing and maintenance fees - - 17,134 13,721 - - 17,134 13,721 Consulting fees - - 11,148 4,697 - - 11,148 4,697 Other public service fees - - 5,870 5,221 - - 5,870 5,221 Total revenues 12,007 11,863 34,152 23,639 - - 46,159 35,502 Operating expenses Salaries and employee benefits 6,799 6,864 23,654 19,881 - - 30,453 26,745 Decrease to the long-term Supplemental Compensation accrual (795 ) (25 ) (20 ) (40 ) - - (815 ) (65 ) Others 3,691 3,582 9,608 6,914 - - 13,299 10,496 Total operating expenses 9,695 10,421 33,242 26,755 - - 42,937 37,176 Income (loss) from operations 2,312 1,442 910 (3,116 ) - - 3,222 (1,674 ) Dividends and interest income - - - - 7,119 4,251 7,119 4,251 Gains on sale of land - - - - - 272 - 272 Net realized gains on sales of marketable securities - - - - 422 14,249 422 14,249 Net unrealized gains (losses) on marketable securities - - - - 29,934 (57,075 ) 29,934 (57,075 ) Interest expenses on margin loans and others - - - - (3,085 ) (517 ) (3,085 ) (517 ) Interest expenses on note payable collateralized by real estate - - - - (35 ) (38 ) (35 ) (38 ) Pretax income (loss) 2,312 1,442 910 (3,116 ) 34,355 (38,858 ) 37,577 (40,532 ) Income tax (expense) benefit (595 ) (335 ) (175 ) 985 (8,870 ) 9,085 (9,640 ) 9,735 Net income (loss) $ 1,717 $ 1,107 $ 735 $ (2,131 ) $ 25,485 $ (29,773 ) $ 27,937 $ (30,797 ) Total assets $ 15,794 $ 22,091 $ 34,143 $ 20,814 $ 316,038 $ 341,669 $ 365,975 $ 384,574 Capital expenditures $ 70 $ 4 $ 16 $ 10 $ - $ - $ 86 $ 14 Overall Financial Results (000) For the three months ended June 30 Reportable Segments Traditional Business Journal Technologies Corporate income and expenses Total 2023 2022 2023 2022 2023 2022 2023 2022 Revenues Advertising $ 2,304 $ 2,254 $ - $ - $ - $ - $ 2,304 $ 2,254 Circulation 1,100 1,097 - - - - 1,100 1,097 Advertising service fees and other 726 787 - - - - 726 787 Licensing and maintenance fees - - 7,060 4,633 - - 7,060 4,633 Consulting fees - - 4,393 2,267 - - 4,393 2,267 Other public service fees - - 2,121 1,779 - - 2,121 1,779 Total revenues 4,130 4,138 13,574 8,679 - - 17,704 12,817 Operating expenses Salaries and employee benefits 2,300 2,134 8,517 7,287 - - 10,817 9,421 Decrease to the long-term Supplemental Compensation accrual (95 ) 1,985 --- - - - (95 ) 1,985 Others 1,256 1,169 3,413 2,345 - - 4,669 3,514 Total operating expenses 3,461 5,288 11,930 9,632 - - 15,391 14,920 Income (loss) from operations 669 (1,150 ) 1,644 (953 ) - - 2,313 (2,103 ) Dividends and interest income - - - - 1,987 1,263 1,987 1,263 Gains on sale of land - - - - - 272 - 272 Net unrealized gains (losses) on marketable securities - - - - (2,735 ) (12,666 ) (2,735 ) (12,666 ) Interest expenses on margin loans and others - - - - (1,172 ) (281 ) (1,172 ) (281 ) Interest expenses on note payable collateralized by real estate - - - - (11 ) (12 ) (11 ) (12 ) Pretax income (loss) 669 (1,150 ) 1,644 (953 ) (1,931 ) (11,424 ) 382 (13,527 ) Income tax (expense) benefit (160 ) 225 (310 ) 280 765 3,160 295 3,665 Net income (loss) $ 509 $ (925 ) $ 1,334 $ (673 ) $ (1,166 ) $ (8,264 ) $ 677 $ (9,862 ) Total assets $ 15,794 $ 22,091 $ 34,143 $ 20,814 $ 316,038 $ 341,669 $ 365,975 $ 384,574 Capital expenditures $ - $ 4 $ 12 $ 7 $ - $ - $ 12 $ 11 During the nine months ended June 30, 2023, the Traditional Business had total operating revenues of $12,007,000 with $8,701,000 recognized after services were provided and $3,306,000 recognized ratably over the subscription terms, as compared with total operating revenues of $11,863,000 with $8,584,000 recognized after services were provided and $3,279,000 recognized ratably over the subscription terms in the prior fiscal year period. Total operating revenues for the Company’s software business were $34,152,000 with $16,835,000 recognized upon completion of services and $17,317,000 recognized ratably over the subscription periods, as compared with total operating revenues of $23,639,000 with $9,989,000 recognized upon completion of services and $13,650,000 recognized ratably over the subscription periods in the prior fiscal year period. During the three months ended June 30, 2023, the Traditional Business had total operating revenues of $4,130,000 with $3,030,000 recognized after services were provided and $1,100,000 recognized ratably over the subscription terms, as compared with total operating revenues of $4,138,000 with $3,041,000 recognized after services were provided and $1,097,000 recognized ratably over the subscription terms in the prior fiscal year period. Total operating revenues for the Company’s software business were $13,574,000 with $6,148,000 recognized upon completion of services and $7,426,000 recognized ratably over the subscription periods, as compared with total operating revenues of $8,679,000 with $4,046,000 recognized upon completion of services and $4,633,000 recognized ratably over the subscription periods in the prior fiscal year period. Approximately 74% of the Company’s revenues during the nine-month period ended June 30, 2023 were derived from Journal Technologies, as compared with 67% in the prior year period. In addition, the Company’s revenues have been primarily from the United States with approximately 5% from foreign countries during the nine months ended June 30, 2023. Journal Technologies’ revenues are primarily from governmental agencies.

Note 13 - Subsequent Events

Note 13 - Subsequent Events	9 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Subsequent Events [Text Block]	Note 13 - Subsequent Events The Company has completed an evaluation of all subsequent events through the issuance date of these financial statements and concluded that no subsequent events occurred that required recognition to the financial statements or disclosures in the Notes to Consolidated Financial Statements.

Note 8 - Investments in Marke_2

Note 8 - Investments in Marketable Securities (Tables)	9 Months Ended
	Jun. 30, 2023
Notes Tables
Schedule of Available-for-Sale Securities Reconciliation [Table Text Block]	June 30, 2023 September 30, 2022 Aggregate fair value Amortized/ Adjusted cost basis Pretax unrealized gains Aggregate fair value Amortized/ Adjusted cost basis Pretax unrealized gains Marketable securities Common stocks $ 316,038,000 $ 165,412,000 $ 150,626,000 $ 275,529,000 $ 154,837,000 $ 120,692,000

Note 12 - Operating Segments (T

Note 12 - Operating Segments (Tables)	9 Months Ended
	Jun. 30, 2023
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Overall Financial Results (000) For the nine months ended June 30 Reportable Segments Traditional Business Journal Technologies Corporate income and expenses Total 2023 2022 2023 2022 2023 2022 2023 2022 Revenues Advertising $ 6,498 $ 6,384 $ - $ - $ - $ - $ 6,498 $ 6,384 Circulation 3,306 3,279 - - - - 3,306 3,279 Advertising service fees and other 2,203 2,200 - - - - 2,203 2,200 Licensing and maintenance fees - - 17,134 13,721 - - 17,134 13,721 Consulting fees - - 11,148 4,697 - - 11,148 4,697 Other public service fees - - 5,870 5,221 - - 5,870 5,221 Total revenues 12,007 11,863 34,152 23,639 - - 46,159 35,502 Operating expenses Salaries and employee benefits 6,799 6,864 23,654 19,881 - - 30,453 26,745 Decrease to the long-term Supplemental Compensation accrual (795 ) (25 ) (20 ) (40 ) - - (815 ) (65 ) Others 3,691 3,582 9,608 6,914 - - 13,299 10,496 Total operating expenses 9,695 10,421 33,242 26,755 - - 42,937 37,176 Income (loss) from operations 2,312 1,442 910 (3,116 ) - - 3,222 (1,674 ) Dividends and interest income - - - - 7,119 4,251 7,119 4,251 Gains on sale of land - - - - - 272 - 272 Net realized gains on sales of marketable securities - - - - 422 14,249 422 14,249 Net unrealized gains (losses) on marketable securities - - - - 29,934 (57,075 ) 29,934 (57,075 ) Interest expenses on margin loans and others - - - - (3,085 ) (517 ) (3,085 ) (517 ) Interest expenses on note payable collateralized by real estate - - - - (35 ) (38 ) (35 ) (38 ) Pretax income (loss) 2,312 1,442 910 (3,116 ) 34,355 (38,858 ) 37,577 (40,532 ) Income tax (expense) benefit (595 ) (335 ) (175 ) 985 (8,870 ) 9,085 (9,640 ) 9,735 Net income (loss) $ 1,717 $ 1,107 $ 735 $ (2,131 ) $ 25,485 $ (29,773 ) $ 27,937 $ (30,797 ) Total assets $ 15,794 $ 22,091 $ 34,143 $ 20,814 $ 316,038 $ 341,669 $ 365,975 $ 384,574 Capital expenditures $ 70 $ 4 $ 16 $ 10 $ - $ - $ 86 $ 14 Overall Financial Results (000) For the three months ended June 30 Reportable Segments Traditional Business Journal Technologies Corporate income and expenses Total 2023 2022 2023 2022 2023 2022 2023 2022 Revenues Advertising $ 2,304 $ 2,254 $ - $ - $ - $ - $ 2,304 $ 2,254 Circulation 1,100 1,097 - - - - 1,100 1,097 Advertising service fees and other 726 787 - - - - 726 787 Licensing and maintenance fees - - 7,060 4,633 - - 7,060 4,633 Consulting fees - - 4,393 2,267 - - 4,393 2,267 Other public service fees - - 2,121 1,779 - - 2,121 1,779 Total revenues 4,130 4,138 13,574 8,679 - - 17,704 12,817 Operating expenses Salaries and employee benefits 2,300 2,134 8,517 7,287 - - 10,817 9,421 Decrease to the long-term Supplemental Compensation accrual (95 ) 1,985 --- - - - (95 ) 1,985 Others 1,256 1,169 3,413 2,345 - - 4,669 3,514 Total operating expenses 3,461 5,288 11,930 9,632 - - 15,391 14,920 Income (loss) from operations 669 (1,150 ) 1,644 (953 ) - - 2,313 (2,103 ) Dividends and interest income - - - - 1,987 1,263 1,987 1,263 Gains on sale of land - - - - - 272 - 272 Net unrealized gains (losses) on marketable securities - - - - (2,735 ) (12,666 ) (2,735 ) (12,666 ) Interest expenses on margin loans and others - - - - (1,172 ) (281 ) (1,172 ) (281 ) Interest expenses on note payable collateralized by real estate - - - - (11 ) (12 ) (11 ) (12 ) Pretax income (loss) 669 (1,150 ) 1,644 (953 ) (1,931 ) (11,424 ) 382 (13,527 ) Income tax (expense) benefit (160 ) 225 (310 ) 280 765 3,160 295 3,665 Net income (loss) $ 509 $ (925 ) $ 1,334 $ (673 ) $ (1,166 ) $ (8,264 ) $ 677 $ (9,862 ) Total assets $ 15,794 $ 22,091 $ 34,143 $ 20,814 $ 316,038 $ 341,669 $ 365,975 $ 384,574 Capital expenditures $ - $ 4 $ 12 $ 7 $ - $ - $ 12 $ 11

Note 4 - Right-of-use (ROU) A_2

Note 4 - Right-of-use (ROU) Asset (Details Textual)	Jun. 30, 2023 USD ($)
Office Lease Obligations Beyond One Year	$ 7,000
Accrued Liabilities, Current and Noncurrent [Member]
Operating Lease, Liability	$ 34,000

Note 6 - Treasury Stock and N_2

Note 6 - Treasury Stock and Net Income Per Common Share (Details Textual) - USD ($) $ in Millions	1 Months Ended	3 Months Ended		9 Months Ended
	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Receipt of Donated Treasury Stock, Shares	3,720
Value of Donated Treasury Shares	$ 1
Common Stock, Shares, Outstanding		1,377,026		1,377,026
Weighted Average Number of Shares Outstanding, Basic (in shares)		1,377,026	1,380,133	1,377,026	1,380,542

Note 8 - Investments in Marke_3

Note 8 - Investments in Marketable Securities (Details Textual) - USD ($)	1 Months Ended			3 Months Ended		6 Months Ended	9 Months Ended
	Mar. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jun. 30, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022	Sep. 30, 2022
Marketable Securities, Accumulated Unrealized Gain (Loss)				$ 150,626,000			$ 150,626,000		$ 120,692,000
Marketable Security, Unrealized Gain (Loss)				(2,735,000)	$ (12,666,000)		29,934,000	$ (57,075,000)
Marketable Security, Unrealized Gain (Loss)				$ 2,735,000	$ 12,666,000		(29,934,000)	57,075,000
Proceeds from Sale and Maturity of Debt Securities, Available-for-Sale, Total		$ 2,826,000	$ 80,570,000				2,826,000	80,570,000
Marketable Securities, Realized Gain (Loss)		422,000	14,249,000				422,000	14,249,000
Borrowed Funds from Margin Loan Account		6,011,000	43,014,000
Payments to Acquire Marketable Securities		$ 10,001,000	$ 117,678,000				10,001,000	117,678,000
Repayments of Other Long-Term Debt						$ 14,000	11,000	14,000
Proceeds from Equity Method Investment, Distribution	$ 2,978,000						$ 2,978,000	$ 0

Note 8 - Investments in Marke_4

Note 8 - Investments in Marketable Securities - Summary of Investments (Details) - Common Stock [Member] - USD ($)	Jun. 30, 2023	Sep. 30, 2022
Aggregate fair value	$ 316,038,000	$ 275,529,000
Adjusted cost basis	165,412,000	154,837,000
Pretax unrealized gain	$ 150,626,000	$ 120,692,000

Note 9 - Income Taxes (Details

Note 9 - Income Taxes (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Income Tax Expense (Benefit)	$ (295,000)	$ (3,665,000)	$ 9,640,000	$ (9,735,000)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	$ 382,000	$ (13,527,000)	37,577,000	(40,532,000)
Effective Income Tax Rate Reconciliation, Realized Gains on Marketable Securities, Amount			110,000	3,850,000
Effective Income Tax Rate Reconciliation, Unrealized Gains (Losses) on Marketable Securities, Amount			7,950,000	15,425,000
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount			1,890,000	(500,000)
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount			250,000	1,590,000
Effective Income Tax Rate Reconciliation, Deduction, Dividends, Amount			$ 60,000	$ 250,000
Effective Income Tax Rate Reconciliation, Percent			25.70%	24%
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount			$ (1,890,000)	$ 500,000
Domestic Tax Authority [Member]
Open Tax Year			2020 2021 2022
State and Local Jurisdiction [Member]
Open Tax Year			2019 2020 2021 2022

Note 10 - Debt and Commitments

Note 10 - Debt and Commitments (Details Textual)	1 Months Ended		3 Months Ended		9 Months Ended		12 Months Ended
	Apr. 30, 2022 USD ($) ft²	Nov. 30, 2015 USD ($) ft² a	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Sep. 30, 2013 USD ($)	Sep. 30, 2022 USD ($)
Investment Margin Account			$ 81,000,000		$ 81,000,000			$ 75,000,000
Payments to Acquire Property, Plant, and Equipment			12,000	$ 11,000	86,000	$ 14,000
Deferred Compensation Liability, Current and Noncurrent			138,000		138,000
The 409 (A) Plan [Member]
Deferred Compensation Liability, Current and Noncurrent			122,000		122,000
Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]
Area of Real Estate Property | ft²	17,564
Proceeds from Sale, Land, Held-for-Use	$ 381,000
UTAH | Building [Member]
Area of Real Estate Property | ft²		30,700
UTAH | Land [Member]
Area of Land | a		3.6
Payments to Acquire Property, Plant, and Equipment		$ 1,240,000
Margin Account [Member]
Proceeds from Issuance of Debt					51,500,000		$ 29,500,000
Investment Margin Account			$ 81,000,000		$ 81,000,000
Debt Instrument, Interest Rate, Effective Percentage			5.75%		5.75%
Margin Account [Member] | Fed Funds Rate [Member]
Debt Instrument, Basis Spread on Variable Rate					0.50%
Real Estate Bank Loan Secured by Logan Office [Member]
Loans Payable to Bank		$ 2,260,000	$ 1,320,000		$ 1,320,000
Long-Term Debt, Percentage Bearing Fixed Interest, Percentage Rate		3.33%
Debt Instrument, Periodic Payment					$ 16,600

Note 12 - Operating Segments (D

Note 12 - Operating Segments (Details Textual) - USD ($)	3 Months Ended		6 Months Ended		9 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Revenues	$ 17,704,000	$ 12,817,000			$ 46,159,000	$ 35,502,000
Product Concentration Risk [Member] | Revenue Benchmark [Member] | Non-US [Member]
Concentration Risk, Percentage					5%
Traditional Business [Member]
Revenues			$ 4,130,000	$ 4,138,000	$ 12,007,000	11,863,000
Traditional Business [Member] | Transferred at Point in Time [Member]
Revenues			3,030,000	3,041,000	8,701,000	8,584,000
Traditional Business [Member] | Transferred over Time [Member]
Revenues			1,100,000	1,097,000	3,306,000	3,279,000
Journal Technologies [Member]
Revenues			13,574,000	8,679,000	$ 34,152,000	$ 23,639,000
Journal Technologies [Member] | Product Concentration Risk [Member] | Revenue Benchmark [Member]
Concentration Risk, Percentage					74%	67%
Journal Technologies [Member] | Transferred at Point in Time [Member]
Revenues			6,148,000	4,046,000	$ 16,835,000	$ 9,989,000
Journal Technologies [Member] | Transferred over Time [Member]
Revenues			$ 7,426,000	$ 4,633,000	$ 17,317,000	$ 13,650,000

Note 12 - Operating Segments -

Note 12 - Operating Segments - Summarized Financial Information for Reportable Segments (Details) - USD ($)	1 Months Ended		3 Months Ended						6 Months Ended		9 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Sep. 30, 2022
Revenues			$ 17,704,000			$ 12,817,000					$ 46,159,000	$ 35,502,000
Salaries and employee benefits			10,817,000			9,421,000					30,453,000	26,745,000
Decrease to the long-term Supplemental Compensation accrual			(95,000)			1,985,000					(815,000)	(65,000)
Others			4,669,000			3,514,000					13,299,000	10,496,000
Total operating expenses			15,391,000			14,920,000					42,937,000	37,176,000
Income (loss) from operations			2,313,000			(2,103,000)					3,222,000	(1,674,000)
Dividends and interest income			1,987,000			1,263,000					7,119,000	4,251,000
Gains on sale of land			0			272,000					0	272,000
Marketable Securities, Realized Gain (Loss)	$ 422,000	$ 14,249,000									422,000	14,249,000
Marketable Security, Unrealized Gain (Loss)			(2,735,000)			(12,666,000)					29,934,000	(57,075,000)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest			382,000			(13,527,000)					37,577,000	(40,532,000)
Income tax benefits			295,000			3,665,000					(9,640,000)	9,735,000
Net income (loss)			677,000	$ 9,433,000	$ 17,827,000	(9,862,000)	$ (27,813,000)	$ 6,878,000			27,937,000	(30,797,000)
Total assets			365,975,000			384,574,000			$ 365,975,000	$ 384,574,000	365,975,000	384,574,000	$ 319,111,000
Payments to Acquire Property, Plant, and Equipment			12,000			11,000					86,000	14,000
Margin Account [Member]
Interest expense on debt			(1,172,000)			(281,000)					(3,085,000)	(517,000)
Real Estate Bank Loan Secured by Logan Office [Member]
Interest expense on debt			(11,000)			(12,000)					(35,000)	(38,000)
Traditional Business [Member]
Revenues									4,130,000	4,138,000	12,007,000	11,863,000
Journal Technologies [Member]
Revenues									13,574,000	8,679,000	34,152,000	23,639,000
Operating Segments [Member] | Traditional Business [Member]
Revenues			4,130,000			4,138,000					12,007,000	11,863,000
Salaries and employee benefits			2,300,000			2,134,000					6,799,000	6,864,000
Decrease to the long-term Supplemental Compensation accrual			(95,000)			1,985,000					(795,000)	(25,000)
Others			1,256,000			1,169,000					3,691,000	3,582,000
Total operating expenses			3,461,000			5,288,000					9,695,000	10,421,000
Income (loss) from operations			669,000			(1,150,000)					2,312,000	1,442,000
Dividends and interest income			0			0					0	0
Gains on sale of land			0			0					0	0
Marketable Securities, Realized Gain (Loss)											0	0
Marketable Security, Unrealized Gain (Loss)			0			0					0	0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest			669,000			(1,150,000)					2,312,000	1,442,000
Income tax benefits			(160,000)			225,000					(595,000)	(335,000)
Net income (loss)			509,000			(925,000)					1,717,000	1,107,000
Total assets			15,794,000			22,091,000			15,794,000	22,091,000	15,794,000	22,091,000
Payments to Acquire Property, Plant, and Equipment			0			4,000					70,000	4,000
Operating Segments [Member] | Traditional Business [Member] | Margin Account [Member]
Interest expense on debt			0			0					0	0
Operating Segments [Member] | Traditional Business [Member] | Real Estate Bank Loan Secured by Logan Office [Member]
Interest expense on debt			0			0					0	0
Operating Segments [Member] | Journal Technologies [Member]
Revenues			13,574,000			8,679,000					34,152,000	23,639,000
Salaries and employee benefits			8,517,000			7,287,000					23,654,000	19,881,000
Decrease to the long-term Supplemental Compensation accrual						0					(20,000)	(40,000)
Others			3,413,000			2,345,000					9,608,000	6,914,000
Total operating expenses			11,930,000			9,632,000					33,242,000	26,755,000
Income (loss) from operations			1,644,000			(953,000)					910,000	(3,116,000)
Dividends and interest income			0			0					0	0
Gains on sale of land			0			0					0	0
Marketable Securities, Realized Gain (Loss)											0	0
Marketable Security, Unrealized Gain (Loss)			0			0					0	0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest			1,644,000			(953,000)					910,000	(3,116,000)
Income tax benefits			(310,000)			280,000					(175,000)	985,000
Net income (loss)			1,334,000			(673,000)					735,000	(2,131,000)
Total assets			34,143,000			20,814,000			34,143,000	20,814,000	34,143,000	20,814,000
Payments to Acquire Property, Plant, and Equipment			12,000			7,000					16,000	10,000
Operating Segments [Member] | Journal Technologies [Member] | Margin Account [Member]
Interest expense on debt			0			0					0	0
Operating Segments [Member] | Journal Technologies [Member] | Real Estate Bank Loan Secured by Logan Office [Member]
Interest expense on debt			0			0					0	0
Corporate, Non-Segment [Member]
Revenues			0			0					0	0
Salaries and employee benefits			0			0					0	0
Decrease to the long-term Supplemental Compensation accrual			0			0					0	0
Others			0			0					0	0
Total operating expenses			0			0					0	0
Income (loss) from operations			0			0					0	0
Dividends and interest income			1,987,000			1,263,000					7,119,000	4,251,000
Gains on sale of land			0			272,000					0	272,000
Marketable Securities, Realized Gain (Loss)											422,000	14,249,000
Marketable Security, Unrealized Gain (Loss)			(2,735,000)			(12,666,000)					29,934,000	(57,075,000)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest			(1,931,000)			(11,424,000)					34,355,000	(38,858,000)
Income tax benefits			765,000			3,160,000					(8,870,000)	9,085,000
Net income (loss)			(1,166,000)			(8,264,000)					25,485,000	(29,773,000)
Total assets			316,038,000			341,669,000			$ 316,038,000	$ 341,669,000	316,038,000	341,669,000
Payments to Acquire Property, Plant, and Equipment			0			0					0	0
Corporate, Non-Segment [Member] | Margin Account [Member]
Interest expense on debt			(1,172,000)			(281,000)					(3,085,000)	(517,000)
Corporate, Non-Segment [Member] | Real Estate Bank Loan Secured by Logan Office [Member]
Interest expense on debt			(11,000)			(12,000)					(35,000)	(38,000)
Advertising [Member]
Revenues			2,304,000			2,254,000					6,498,000	6,384,000
Advertising [Member] | Operating Segments [Member] | Traditional Business [Member]
Revenues			2,304,000			2,254,000					6,498,000	6,384,000
Advertising [Member] | Operating Segments [Member] | Journal Technologies [Member]
Revenues			0			0					0	0
Advertising [Member] | Corporate, Non-Segment [Member]
Revenues			0			0					0	0
Subscription and Circulation [Member]
Revenues			1,100,000			1,097,000					3,306,000	3,279,000
Subscription and Circulation [Member] | Operating Segments [Member] | Traditional Business [Member]
Revenues			1,100,000			1,097,000					3,306,000	3,279,000
Subscription and Circulation [Member] | Operating Segments [Member] | Journal Technologies [Member]
Revenues			0			0					0	0
Subscription and Circulation [Member] | Corporate, Non-Segment [Member]
Revenues			0			0					0	0
Advertising Service Fees and Other [Member]
Revenues			726,000			787,000					2,203,000	2,200,000
Advertising Service Fees and Other [Member] | Operating Segments [Member] | Traditional Business [Member]
Revenues			726,000			787,000					2,203,000	2,200,000
Advertising Service Fees and Other [Member] | Operating Segments [Member] | Journal Technologies [Member]
Revenues			0			0					0	0
Advertising Service Fees and Other [Member] | Corporate, Non-Segment [Member]
Revenues			0			0					0	0
License and Maintenance [Member]
Revenues			7,060,000			4,633,000					17,134,000	13,721,000
License and Maintenance [Member] | Operating Segments [Member] | Traditional Business [Member]
Revenues			0			0					0	0
License and Maintenance [Member] | Operating Segments [Member] | Journal Technologies [Member]
Revenues			7,060,000			4,633,000					17,134,000	13,721,000
License and Maintenance [Member] | Corporate, Non-Segment [Member]
Revenues			0			0					0	0
Consulting Fees [Member]
Revenues			4,393,000			2,267,000					11,148,000	4,697,000
Consulting Fees [Member] | Operating Segments [Member] | Traditional Business [Member]
Revenues			0			0					0	0
Consulting Fees [Member] | Operating Segments [Member] | Journal Technologies [Member]
Revenues			4,393,000			2,267,000					11,148,000	4,697,000
Consulting Fees [Member] | Corporate, Non-Segment [Member]
Revenues			0			0					0	0
Service, Other [Member]
Revenues			2,121,000			1,779,000					5,870,000	5,221,000
Service, Other [Member] | Operating Segments [Member] | Traditional Business [Member]
Revenues			0			0					0	0
Service, Other [Member] | Operating Segments [Member] | Journal Technologies [Member]
Revenues			2,121,000			1,779,000					5,870,000	5,221,000
Service, Other [Member] | Corporate, Non-Segment [Member]
Revenues			$ 0			$ 0					$ 0	$ 0