Note 2 - Investments

3 Months Ended

Sep. 30, 2022

Notes to Financial Statements

Investment [Text Block]

(2) Investments

The following tables summarize gains and losses related to the Company’s investments as of September 30, 2022 and June 30, 2022:

	September 30, 2022
Available-for-Sale Securities	Adjusted		Unrealized		Unrealized			Fair
(In thousands)	Cost		Gain		Loss			Value
Mutual Funds - Corporate & Government Debt	$	19,997	$	—	$	(1,042	)	$	18,955
ETFs - Corporate & Government Debt		7,375		—		(498	)		6,877
Time Deposits		4,870		—		(27	)		4,843
Total	$	32,242	$	—	$	(1,567	)	$	30,675

	June 30, 2022
Available-for-Sale Securities	Adjusted		Unrealized		Unrealized			Fair
(In thousands)	Cost		Gain		Loss			Value
Mutual Funds - Corporate & Government Debt	$	19,997	$	—	$	(806	)	$	19,191
ETFs - Corporate & Government Debt		7,375		—		(393	)		6,982
Time Deposits		—		—		—			—
Total	$	27,372	$	—	$	(1,199	)	$	26,173

We have certain financial instruments on our condensed consolidated balance sheet related to interest-bearing time deposits. Time deposits with maturities of less than 90 days from the purchase date are included in “Cash and Cash Equivalents.” Time deposits with maturities from 91-360 days are included in “Short-term investments.” Time deposits with maturities of more than 360 days, if any, are included in “Long-term investments.” As of  September 30, 2022 and June 30, 2022, the Company had no long-term investments. For more information about the fair value of the Company’s financial instruments, see footnote 8.

The following table presents the carrying amounts of certain financial instruments as of September 30, 2022 and June 30, 2022:

	Carrying Value
	Short-Term Investments
(In thousands)	September 30, 2022		June 30, 2022
Mutual Funds - Corporate & Government Debt	$	18,955	$	19,191
ETFs - Corporate & Government Debt		6,877		6,982
Time Deposits - Maturities from 1-90 days		—		—
Time Deposits - Maturities from 91-360 days		4,843		—
Total	$	30,675	$	26,173