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INVESTMENT IN MARKETABLE SECURITIES | 9 Months Ended
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Mar. 31, 2025
Investments, Debt and Equity Securities [Abstract] |
INVESTMENT IN MARKETABLE SECURITIES | NOTE 6 – INVESTMENT IN MARKETABLE SECURITIES The Company’s investment in marketable securities consists primarily of corporate equities. The Company has also periodically invested in corporate bonds and income producing securities, which may include interests in real estate-based companies and REITs, where financial benefit could transfer to its shareholders through income and/or capital gain. At March 31, 2025 and June 30, 2024, all of the Company’s marketable securities are classified as trading securities. The change in the unrealized gains and losses on these investments, along with the changes in amounts due to broker are included in earnings. Trading securities are summarized as follows: SCHEDULE OF TRADING SECURITIES
Investment |  | Cost |  |  | Gross Unrealized Gain |  |  | Gross Unrealized Loss |  |  | Net Unrealized (Loss) Gain |  |  | Fair Value |
As of |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
March 31, 2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equities |  | $ | 790,000 |  |  | $ | 2,000 |  |  | $ | (41,000 | ) |  | $ | (39,000 | ) |  | $ | 751,000 |
As of |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
June 30, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equities |  | $ | 6,262,000 |  |  | $ | 1,697,000 |  |  | $ | (505,000 | ) |  | $ | 1,192,000 |  |  | $ | 7,454,000 |
Net gains (losses) on marketable securities on the statement of operations is comprised of realized and unrealized gains (losses). Below is the composition of net gains (losses) on marketable securities for the three and nine months ended March 31, 2025 and 2024, respectively: SCHEDULE OF NET GAINS (LOSSES) ON MARKETABLE SECURITIES COMPRISING OF REALIZED AND UNREALIZED GAINS (LOSSES)
For the three months ended March 31, |  | 2025 |  |  | 2024 |
Realized (loss) gain on marketable securities, net |  | $ | (74,000 | ) |  | $ | 9,000 |
Unrealized loss on marketable securities, net |  |  | (1,023,000 | ) |  |  | (820,000 | )
Net loss on marketable securities |  | $ | (1,097,000 | ) |  | $ | (811,000 | )
For the nine months ended March 31, |  | 2025 |  |  | 2024 |
Realized (loss) gain on marketable securities, net |  | $ | (330,000 | ) |  | $ | 1,374,000 |
Unrealized loss on marketable securities, net |  |  | (1,236,000 | ) |  |  | (1,210,000 | )
Net (loss) gain on marketable securities |  | $ | (1,566,000 | ) |  | $ | 164,000 |

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