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Note 2 - Investments (Tables)

9 Months Ended

Mar. 31, 2025

Notes Tables

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

		March 31, 2025
						Significant				Significant
		Quoted				Other				Unobservable
		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 - Domestic		$	15			$	-			$	-			$	15
Equities - International			309				-				-				309
Exchange Traded Funds - Global equity			69				-				-				69
Mutual funds - Fixed income			9,692				-				-				9,692
Mutual funds - Global equity			768				-				-				768
Total equity securities			10,853				-				-				10,853
Debt securities:
Corporate debt securities			150				-				-				150
Total investments in trading securities:			11,003				-				-				11,003
Investments in available-for-sale debt securities:
Corporate debt securities - Convertible debentures			-				-				2,302				2,302
Total investments carried at fair value on a recurring basis:		$	11,003			$	-			$	2,302			$	13,305
Investments carried at fair value on a nonrecurring basis:
Other investments (1)		$	-			$	-			$	-			$	-

		June 30, 2024
						Significant				Significant
		Quoted				Other				Unobservable
		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

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

		Nine Months Ended March 31, 2025
		Investments in
(dollars in thousands)		debt securities
Beginning Balance		$	4,414
Principal maturities			(2,250	)
Amortization of day one premium			(77	)
Accretion of bifurcation discount			226
Total gains or losses included in:
Net Investment Income (Loss)			495
Other Comprehensive Income (Loss)			(506	)
Ending Balance		$	2,302

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

		March 31, 2025
(dollars in thousands)		Fair Value			Principal Valuation Techniques		Unobservable Inputs
Investments in available-for-sale debt securities:
Corporate debt securities - Convertible debentures		$	2,302		Binomial lattice model		Volatility			90.0	%
							Credit Spread			7.4	%
							Risk-Free Rate			2.5	%

		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	%

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

		March 31, 2025
(dollars in thousands)		Cost				Unrealized Gains (Losses)				Fair Value
Trading securities at fair value
Equity securities:
Equities - Domestic		$	77			$	(62	)		$	15
Equities - International			761				(452	)			309
Exchange Traded Funds - Global equity			86				(17	)			69
Mutual funds - Fixed income			9,870				(178	)			9,692
Mutual funds - Global equity			929				(161	)			768
Total equity securities at fair value			11,723				(870	)			10,853
Debt securities:
Corporate debt securities			215				(65	)			150
Total trading securities at fair value		$	11,938			$	(935	)		$	11,003

		June 30, 2024
(dollars in thousands)		Cost				Unrealized Gains (Losses)				Fair Value
Trading securities at fair value
Equity securities:
Equities - Domestic		$	45			$	(45	)		$	-
Equities - International			762				(327	)			435
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

		March 31, 2025
(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		$	4,611			$	233			$	-			$	(2,542	)		$	2,302			$	-

		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			$	-

		March 31, 2025
(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			$	(71	)		$	929			$	-			$	-			$	929

		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

Schedule of Derivative Instruments [Table Text Block]

		March 31, 2025				June 30, 2024
		Other Assets				Other Assets
		Investments in				Investments in
		available-for-sale				available-for-sale
(dollars in thousands)		debt securities				debt securities
Embedded Derivatives:
Equity price risk exposure		$	-			$	12

		Nine Months Ended								Three Months Ended
		March 31,								March 31,
		2025				2024				2025				2024
		Other Income (Loss)				Other Income (Loss)				Other Income (Loss)				Other Income (Loss)
(dollars in thousands)		Net Investment Income (Loss)				Net Investment Income (Loss)				Net Investment Income (Loss)				Net Investment Income (Loss)
Embedded Derivatives:
Equity price risk exposure		$	(12	)		$	(85	)		$	(1	)		$	(22	)

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

		Nine Months Ended
		March 31,
(dollars in thousands)		2025				2024
Beginning Balance		$	132			$	-
Impact of ASU 2016-13 adoption			-				232
Provision for credit losses - reversal (1)			(61	)			(75	)
Ending Balance		$	71			$	157

Investments Classified by Contractual Maturity Date [Table Text Block]

		March 31, 2025
		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		$	4,611			$	1,000
Fair Value		$	2,302			$	929

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

		Nine Months Ended								Three Months Ended
		March 31,								March 31,
(dollars in thousands)		2025				2024				2025				2024
Other Investments
Carrying value		$	1,687			$	1,114			$	1,687			$	1,114
Upward carrying value changes		$	-			$	-			$	-			$	-
Downward carrying value changes/impairment		$	-			$	(1,274	)		$	-			$	(499	)

Investment Income [Table Text Block]

		Nine Months Ended								Three Months Ended
(dollars in thousands)		March 31,								March 31,
Net Investment Income (Loss)		2025				2024				2025				2024
Realized gains (losses) on equity securities		$	-			$	(6,834	)		$	-			$	(6,094	)
Realized gains (losses) on debt securities			507				906				134				267
Unrealized gains (losses) on equity securities			(149	)			5,699				(50	)			5,863
Unrealized gains (losses) on debt securities			(58	)			(20	)			(9	)			(65	)
Unrealized gains (losses) on embedded derivatives			(12	)			(85	)			(1	)			(22	)
Unrealized gains (losses) on cash equivalents			9				(2	)			9				-
Dividend and interest income			1,715				1,781				466				595
Realized foreign currency gains (losses)			(193	)			(82	)			(1	)			(84	)
Total Net Investment Income (Loss)		$	1,819			$	1,363			$	548			$	460

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

		Nine Months Ended								Three Months Ended
		March 31,								March 31,
(dollars in thousands)		2025				2024				2025				2024
Equity securities:
Net gains and losses recognized during the period		$	(149	)		$	(1,135	)		$	(50	)		$	(231	)
Less: Net gains and losses recognized during the period on securities sold during the period			-				(256	)			-				(3	)
Unrealized gains and losses recognized during the reporting period on securities still held at the reporting date (1)		$	(149	)		$	(879	)		$	(50	)		$	(228	)
Debt securities classified as trading:
Net gains and losses recognized during the period		$	(58	)		$	(20	)		$	(9	)		$	(65	)
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		$	(58	)		$	(20	)		$	(9	)		$	(65	)

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