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Marketable Securities

12 Months Ended

Jun. 30, 2025

Marketable Securities

Marketable Securities

NOTE 5 – Marketable Securities

A summary of the fair value of the Company’s investment in marketable securities as of June 30, 2025 and 2024 is as follows:

​

​	​	​	​	​	​	​
​	​	2025			2024
​		​			​
Equity Securities	​	$	5,852	​	$	5,398
Debt Securities (available-for-sale)	​		10,243	​		—
​	​	$	16,095	​	$	5,398

​

Investments in Equity Securities

The disaggregated net gains and losses on the equity securities recognized within the accompanying consolidated statements of income for the years ended June 30, 2025, 2024 and 2023 are as follows (in thousands):

​	​	​	​	​	​	​	​	​	​
​	​	Year ended June 30,
​		2025			2024			2023
​	​	​	​	​	​	​	​	​	​
Net gains recognized during the period on equity securities	​	$	276	​	$	207	​	$	147
Unrealized gains (losses) recognized during the reporting period on equity securities still held at the reporting date	​		177	​		55	​		(79)
​	​	$	453	​	$	262	​	$	68

​

The following tables summarize the Company’s investment in equity securities as of June 30, 2025 and 2024, respectively (in thousands):

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June 30, 2025

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June 30, 2024

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Unrealized

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​

​

​

Unrealized

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Cost

Fair Value

Gain (Loss)

Cost

Fair Value

Gain (Loss)

Mutual Funds

$

6,008

​

​

5,852

​

$

(156)

​

$

5,857

​

$

5,398

​

$

(459)

​

Investment income is recognized when earned and consists principally of interest income from fixed income mutual funds. Realized gains and losses on sales of investments are determined on a specific identification basis.

Investments in Debt Securities

The Company had no investments in debt securities as of June 30, 2024. The following tables summarize the Company’s investments in debt securities as of June 30, 2025 (in thousands):

​	​	​	​	​	​	​	​	​	​	​	​
​	Amortized Cost		​	Unrealized Gains		​	Unrealized Losses		​	Aggregate Fair Value
​	​	​	​	​	​	​	​	​	​	​	​
U.S. Treasury Securities	$	10,058	​	$	185	​	$	—	​	$	10,243

​

The debt investments all mature within one year or less, and the Company did not recognize any credit or non-credit related losses related to its det securities during the year ended June 30, 2025.

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- Definition

The entire disclosure for investments in certain debt and equity securities.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 940
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-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/940-320/tableOfContent

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-K (SK)
-Number 229
-Section 1403
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-Publisher SEC

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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-Section 50
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