XML 46 R32.htm IDEA: XBRL DOCUMENT v3.23.2

Note 4 - Investments (Tables)

12 Months Ended

Apr. 30, 2023

Notes Tables

Debt Securities, Trading, and Equity Securities, FV-NI [Table Text Block]

($ in thousands)		Cost				Gross Unrealized Gains				Gross Unrealized Losses				Fair Value
ETFs - equities		$	10,169			$	4,392			$	(15	)		$	14,546

($ in thousands)		Cost				Gross Unrealized Gains				Gross Unrealized Losses				Fair Value
ETFs - equities		$	13,318			$	4,348			$	(19	)		$	17,647

Schedule of Available-for-Sale Securities Reconciliation [Table Text Block]

		Amortized				Gross Unrealized				Gross Unrealized
($ in thousands)		Historical Cost				Holding Gains				Holding Losses				Fair Value
Maturity
Due within 1 year		$	34,384			$	486			$	(5	)		$	34,865
Due within 1 year through 5 years			5,071				-				(8	)			5,063
Total investment in government debt securities		$	39,455			$	486			$	(13	)		$	39,928

		Amortized				Gross Unrealized
($ in thousands)		Historical Cost				Holding Losses				Fair Value
Maturity
Due within 1 year		$	10,505			$	(30	)		$	10,475
Total investment in government debt securities		$	10,505			$	(30	)		$	10,475

Investment Income [Table Text Block]

		Fiscal Years Ended April 30,
($ in thousands)		2023				2022				2021
Dividend income		$	595			$	851			$	573
Interest income			706				18				137
Investment gains/(losses) recognized on sales of equity securities during the period			(81	)			(1,568	)			835
Unrealized gains/(losses) recognized on equity securities held at the end of the period			(45	)			167				3,875
Other			(1	)			(2	)			-
Total investment gains/(losses)		$	1,174			$	(534	)		$	5,420

Investment Holdings, Other than Securities [Table Text Block]

						Fiscal Years Ended April 30,
($ in thousands)		2023				2022				2021
Investment management fees earned from the Value Line Funds, net of waivers shown below		$	19,824			$	29,598			$	29,022
12b-1 fees and other fees, net of waivers shown below		$	5,964			$	9,310			$	9,604
Other income/(losses)		$	142			$	(20	)		$	361
Investment management fee waivers and reimbursements		$	164			$	547			$	121
12b-1 fee waivers		$	105			$	644			$	651
Value Line’s non-voting revenues interest		$	10,397			$	15,899			$	15,190
EAM's net income (1)		$	1,468			$	4,284			$	4,262

Summary Investment Holdings [Table Text Block]

		Fiscal Years Ended April 30,
($ in thousands)		2023				2022
EAM's total assets		$	61,389			$	63,592
EAM's total liabilities (1)			(4,357	)			(6,282	)
EAM's total equity		$	57,032			$	57,310

X

- Definition

Tabular disclosure of the investment holdings which are represented by other than securities (for example, commodities). The investment holdings, other than securities investments table lists the long positions of non-security investments held by entity.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 5D
-Subparagraph (SX 210.12-13D)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480032/946-320-S99-5D

+ Details

Name:	us-gaap_InvestmentHoldingsOtherThanSecuritiesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of investment income, including, but not limited to, interest and dividend income and amortization of discount (premium) derived from debt and equity securities. Excludes realized and unrealized gain (loss) on investments.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 944
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(2))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.8)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.9)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.7(a),(b))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2

+ Details

Name:	us-gaap_InvestmentIncomeTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation of available-for-sale securities from cost basis to fair value.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the summary of investment holdings.

+ References

No definition available.

+ Details

Name:	us-gaap_SummaryInvestmentHoldingsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_TableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in net income (trading) and investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI).

+ References

No definition available.

+ Details

Name:	us-gaap_TradingSecuritiesAndCertainTradingAssetsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration