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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash Flows from Operating Activities:    
Net income (loss) $ 18,605 $ (4,658)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 98 102
Net recognized loss on disposal of fixed assets 7 0
Net recognized gain on securities (15,043) 0
Net (income) loss from equity method investment (484) 55
Net loss from discontinued operations, net of tax 0 253
Provision for deferred taxes 988 (249)
Stock bonuses 18 2
PPP loan forgiveness (444) 0
Changes in operating assets and liabilities:    
Accounts receivable and notes receivable (1,099) 2
Prepaid expenses and other assets (93) (207)
Investment securities (6,460) 5,064
Accounts payable and accrued expenses 4,503 180
Total adjustments (18,009) 5,202
Net cash provided by operating activities 596 544
Cash Flows from Investing Activities:    
Purchase of property and equipment (23) 0
Purchase of investments in securities at fair value, non-current (135) 0
Purchase of other investments (224) 0
Purchase of held-to-maturity investments (1,000) 0
Proceeds on sale of non-current investments 20,720 0
Return of capital on investments 10 17
Net cash provided by investing activities 19,348 17
Cash Flows from Financing Activities:    
Issuance of common stock 2 2
Repurchases of common stock (62) (6)
Dividends paid (226) (227)
Net cash used in financing activities (286) (231)
Net increase in cash, cash equivalents, and restricted cash 19,658 330
Beginning cash, cash equivalents, and restricted cash 2,961 2,491
Ending cash, cash equivalents, and restricted cash 22,619 2,821
Supplemental Disclosures of Cash Flow Information    
Cash paid for income taxes $ 2 $ 0