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INVESTMENT IN MARKETABLE SECURITIES
 6 Months Ended
Dec. 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 equity securities. From time to time, the Company may also invest in income-producing securities, including equity securities of real estate-based companies and REITs.

 

As of December 31, 2025, and June 30, 2025, all of the Company’s marketable equity securities are measured at fair value with changes recognized in earnings in accordance with ASC 321. Unrealized gains and losses on these investments are included in earnings in the period of change. The portfolio is held in a brokerage account and may be subject to margin; see Note 2 for amounts presented net of margin balances.

 

The following table summarizes the Company’s marketable equity securities, measured at fair value, as of December 31, 2025 and June 30, 2025:

 

Investment  Cost   Gross Unrealized Gain  

Gross

 Unrealized Loss

  

Net

Unrealized Gain

  

Fair

 Value

 
As of December 31, 2025                         
Corporate Equities  $671,000  $256,000   $(1,000)  $255,000   $926,000 
As of June 30, 2025                         
Corporate Equities  $790,000   $180,000   $(1,000)  $179,000   $969,000 

 

In the table above, cost represents the original purchase cost and gross unrealized gains and gross unrealized gains and losses represent the difference between cost and fair value as of each balance sheet date. Amounts discussed in Note 2 are presented net of margin balances, if any.

 

The following tables present realized and unrealized gains (losses) on marketable securities for the three and six months ended December 31, 2025 and 2024, respectively:

 

For the three months ended December 31,  2025   2024 
Net realized gain on marketable securities  $-  $404,000 
Net unrealized loss on marketable securities   (39,000)   (1,002,000)
Net loss on marketable securities  $(39,000)  $(598,000)

 

For the six months ended December 31,  2025   2024 
Net realized gain (loss) on marketable securities  $21,000   $(255,000)
Net unrealized gain (loss) on marketable securities   76,000    (214,000)
Net gain (loss) on marketable securities  $97,000   $(469,000)