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Note 4 - Investments (Tables)

12 Months Ended

Jun. 30, 2024

Notes Tables

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

		June 30, 2024
						Significant				Significant
						Other				Unobservable
		Quoted Prices				Inputs				Inputs
(dollars in thousands)		(Level 1)				(Level 2)				(Level 3)				Total
Investments carried at fair value on a recurring basis:
Investments in trading securities:
Equity securities:
Equities - International		$	435			$	-			$	-			$	435
Mutual funds - Fixed income			9,644				-				-				9,644
Mutual funds - Global equity			806				-				-				806
Total equity securities			10,885				-				-				10,885
Debt securities:
Corporate debt securities			208				-				-				208
Total investments in trading securities:			11,093				-				-				11,093
Investments in available-for-sale debt securities:
Corporate debt securities - Convertible debentures			-				-				4,414				4,414
Total investments carried at fair value on a recurring basis:		$	11,093			$	-			$	4,414			$	15,507
Investments carried at fair value on a nonrecurring basis:
Other investments (1)		$	-			$	-			$	600			$	600

		June 30, 2023
						Significant				Significant
						Other				Unobservable
		Quoted Prices				Inputs				Inputs
(dollars in thousands)		(Level 1)				(Level 2)				(Level 3)				Total
Investments carried at fair value on a recurring basis:
Investments in trading securities:
Equity securities:
Equities - International		$	488			$	-			$	290			$	778
Mutual funds - Fixed income			11,642				-				-				11,642
Mutual funds - Global equity			785				-				-				785
Total equity securities			12,915				-				290				13,205
Debt securities:
Corporate debt securities			-				-				-				-
Total investments in trading securities:			12,915				-				290				13,205
Investments in available-for-sale debt securities:
Corporate debt securities - Convertible debentures			-				-				7,008				7,008
Total investments carried at fair value on a recurring basis:		$	12,915			$	-			$	7,298			$	20,213
Investments carried at fair value on a nonrecurring basis:
Other investments (1)		$	-			$	-			$	1,786			$	1,786

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis
		Year Ended June 30, 2024
		Investments in				Investments in
(dollars in thousands)		equity securities				debt securities
Beginning Balance		$	290			$	7,008
Principal repayments			-				(3,000	)
Amortization of day one premium			-				(172	)
Accretion of bifurcation discount			-				507
Total gains or losses included in:
Net Investment Income (Loss)			(290	)			1,038
Other Comprehensive Income (Loss)			-				(967	)
Ending Balance		$	-			$	4,414

Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

		June 30, 2024
(dollars in thousands)		Fair Value			Principal Valuation Techniques		Unobservable Inputs
Investments in available-for-sale debt securities:
Corporate debt securities - convertible debentures		$	4,414		Binomial lattice model		Volatility			95.0	%
							Credit Spread			8.2	%
							Risk-Free Rate			4.1	%

		June 30, 2023
(dollars in thousands)		Fair Value			Principal Valuation Techniques		Unobservable Inputs
Investments in equity securities:
Common share purchase warrants		$	290		Option pricing model		Volatility			100.0	%
							Risk-Free Rate			5.0	%
Investments in available-for-sale debt securities:
Corporate debt securities - convertible debentures		$	7,008		Binomial lattice model		Volatility			100.0	%
							Credit Spread			11.5	%
							Risk-Free Rate			4.2	%

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

		June 30, 2024
(dollars in thousands)		Cost				Unrealized Gains (Losses)				Fair Value
Trading securities at fair value
Equity securities:
Equities - International		$	762			$	(327	)		$	435
Equities - Domestic			45				(45	)			-
Mutual funds - Fixed income			9,869				(225	)			9,644
Mutual funds - Global equity			929				(123	)			806
Total equity securities at fair value			11,605				(720	)			10,885
Debt securities:
Corporate debt securities			215				(7	)			208
Total trading securities at fair value		$	11,820			$	(727	)		$	11,093

		June 30, 2023
(dollars in thousands)		Cost				Unrealized Gains (Losses)				Fair Value
Trading securities at fair value
Equity securities:
Equities - International		$	6,679			$	(5,901	)		$	778
Equities - Domestic			45				(45	)			-
Mutual funds - Fixed income			11,947				(305	)			11,642
Mutual funds - Global equity			930				(145	)			785
Total equity securities at fair value			19,601				(6,396	)			13,205
Debt securities:
Corporate debt securities			-				-				-
Total trading securities at fair value		$	19,601			$	(6,396	)		$	13,205

		June 30, 2024
(dollars in thousands)		Amortized Cost				Unrealized Gains in Other Comprehensive Income (Loss)				Unrealized Losses in Other Comprehensive Income (Loss)				Unrealized Losses in Net Investment Income (Loss) (1)				Fair Value				Allowance for Credit Losses
Available-for-sale debt securities:
Corporate debt securities - Convertible debentures		$	6,204			$	740			$	-			$	(2,530	)		$	4,414			$	-

		June 30, 2023
(dollars in thousands)		Amortized Cost				Unrealized Gains in Other Comprehensive Income (Loss)				Unrealized Losses in Other Comprehensive Income (Loss)				Unrealized Losses in Net Investment Income (Loss) (1)				Fair Value				Allowance for Credit Losses
Available-for-sale debt securities:
Corporate debt securities - Convertible debentures		$	7,729			$	1,707			$	-			$	(2,428	)		$	7,008			$	-

		June 30, 2024
(dollars in thousands)		Amortized Cost				Allowance for Credit Losses				Net Carrying Amount				Gross Unrecognized Holding Gains				Gross Unrecognized Holding Losses				Fair Value
Held-to-maturity debt securities (1):
Corporate debt securities		$	1,000			$	132			$	868			$	-			$	-			$	868

		June 30, 2023
(dollars in thousands)		Amortized Cost				Allowance for Credit Losses				Net Carrying Amount				Gross Unrecognized Holding Gains				Gross Unrecognized Holding Losses				Fair Value
Held-to-maturity debt securities (1):
Corporate debt securities		$	1,000			$	-			$	1,000			$	-			$	(232	)		$	768

Schedule of Derivative Instruments [Table Text Block]

		June 30, 2024				June 30, 2023
		Other Assets				Other Assets
(dollars in thousands)		Investments in available-for-sale debt securities				Investments in available-for-sale debt securities
Embedded Derivatives:
Equity price risk exposure		$	12			$	114

		Year Ended June 30,
		2024				2023
		Other Income (Loss)				Other Income (Loss)
(dollars in thousands)		Net Investment Income (Loss)				Net Investment Income (Loss)
Embedded Derivatives:
Equity price risk exposure		$	(102	)		$	111

Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Table Text Block]

		Year Ended
(dollars in thousands)		June 30, 2024
Beginning Balance, prior to adoption of ASU 2016-13		$	-
Impact of ASU 2016-13 adoption			232
Provision for credit losses - reversal (1)			(100	)
Ending Balance		$	132

Investments Classified by Contractual Maturity Date [Table Text Block]

		June 30, 2024
		Available-for-sale				Held-to-maturity
		debt securities				debt securities
		Convertible				Due after one year
(dollars in thousands)		debentures (1)				through five years
Amortized Cost		$	6,204			$	1,000
Fair Value		$	4,414			$	868

Equity Securities without Readily Determinable Fair Value [Table Text Block]

		Year Ended June 30,
(dollars in thousands)		2024				2023
Other Investments
Carrying value		$	1,687			$	2,388
Upward carrying value changes		$	-			$	14
Downward carrying value changes/impairments		$	(1,274	)		$	(2,280	)

Investment Income [Table Text Block]

		Year Ended June 30,
(dollars in thousands)			2024				2023
Net Investment Income (Loss)
Realized gains (losses) on equity securities		$	(6,845	)		$	(453	)
Realized gains (losses) on debt securities			1,140				1,664
Unrealized gains (losses) on equity securities			5,669				(2,563	)
Unrealized gains (losses) on debt securities			(7	)			-
Unrealized gains (losses) on embedded derivatives			(102	)			111
Unrealized gains (losses) on cash equivalents			(1	)			(5	)
Dividend and interest income			2,411				1,798
Realized foreign currency gains (losses)			(121	)			(236	)
Total Net Investment Income (Loss)		$	2,144			$	316

Unrealized Gain (Loss) on Investments [Table Text Block]

		Year Ended June 30,
(dollars in thousands)			2024				2023
Unrealized gains and losses for securities held at the reporting date:
Equity securities:
Net gains and losses recognized during the period		$	(1,176	)			(3,016	)
Less: Net gains and losses recognized during the period on securities sold during the period			(266	)			(13	)
Unrealized gains and losses recognized during the reporting period on securities still held at the reporting date (1)		$	(910	)		$	(3,003	)
Debt securities classified as trading:
Net gains and losses recognized during the period		$	(7	)			-
Less: Net gains and losses recognized during the period on securities sold during the period			-				-
Unrealized gains and losses recognized during the reporting period on securities still held at the reporting date		$	(7	)		$	-

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