XML 38 R27.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Note 2 - Investments (Tables) | 9 Months Ended
--- | ---
Jan. 31, 2024
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 |  | $ | 11,109 |  |  | $ | 4,265 |  |  | $ | (4 | ) |  | $ | 15,370 |
($ in thousands) |  | Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized Losses |  |  | Fair Value |
ETFs - equities |  | $ | 10,169 |  |  | $ | 4,392 |  |  | $ | (15 | ) |  | $ | 14,546 |
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 |  | $ | 41,126 |  |  | $ | 39 |  |  | $ | (4 | ) |  | $ | 41,161 |
Due 1 year through 5 years |  |  | 5,058 |  |  |  | - |  |  |  | (70 | ) |  |  | 4,988 |
Total investment in government debt securities |  | $ | 46,184 |  |  | $ | 39 |  |  | $ | (74 | ) |  | $ | 46,149 |
|  | 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 |
Investment Income [Table Text Block] |
|  | Three Months Ended January 31, |  |  | Nine Months Ended January 31, |
($ in thousands) |  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Dividend income |  | $ | 153 |  |  | $ | 190 |  |  | $ | 431 |  |  | $ | 444 |
Interest income |  |  | 511 |  |  |  | 194 |  |  |  | 1,387 |  |  |  | 395 |
Investment gains/(losses) recognized on sales of equity securities during the period |  |  | 2 |  |  |  | 7 |  |  |  | (1 | ) |  |  | 12 |
Unrealized gains/(losses) recognized on equity securities held at the end of the period |  |  | 1,343 |  |  |  | 859 |  |  |  | (132 | ) |  |  | 425 |
Total investment gains/(losses) |  | $ | 2,009 |  |  | $ | 1,250 |  |  | $ | 1,685 |  |  | $ | 1,276 |
Investment Holdings, Other than Securities [Table Text Block] |
|  | Three Months Ended January 31, |  |  | Nine Months Ended January 31, |
($ in thousands) (unaudited) |  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Investment management fees earned from the Value Line Funds, net of waivers shown below |  | $ | 6,320 |  |  | $ | 4,809 |  |  | $ | 17,388 |  |  | $ | 14,951 |
12b-1 fees and other fees, net of waivers shown below |  | $ | 1,632 |  |  | $ | 1,457 |  |  | $ | 4,811 |  |  | $ | 4,507 |
Other income |  | $ | 192 |  |  | $ | 146 |  |  | $ | 295 |  |  | $ | 150 |
Investment management fee waivers and reimbursements |  | $ | 77 |  |  | $ | 73 |  |  | $ | 239 |  |  | $ | 104 |
12b-1 fee waivers |  | $ | 24 |  |  | $ | 26 |  |  | $ | 72 |  |  | $ | 80 |
Value Line’s non-voting revenues interest |  | $ | 3,083 |  |  | $ | 2,512 |  |  | $ | 8,420 |  |  | $ | 7,917 |
EAM's net income (1) |  | $ | 812 |  |  | $ | 346 |  |  | $ | 1,842 |  |  | $ | 1,198 |
Summary Investment Holdings [Table Text Block] |
|  | January 31, |  |  | April 30, |
($ in thousands) |  | 2024 |  |  | 2023 |
|  | (unaudited) |  |  |  |  |
EAM's total assets |  | $ | 62,610 |  |  | $ | 61,389 |
EAM's total liabilities (1) |  |  | (5,532 | ) |  |  | (4,357 | )
EAM's total equity |  | $ | 57,078 |  |  | $ | 57,032 |

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