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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2023
Mar. 31, 2022
Revenues $ 1,898 $ 988 $ 5,637 $ 2,992
Operating costs and expenses:        
Investment management expenses 2,593 1,592 6,893 4,748
Depreciation and amortization 281 89 870 307
Selling, general and administrative 1,893 1,582 5,441 4,620
Expenses of Consolidated Fund   42 46 139
Total operating costs and expenses 4,767 3,305 13,250 9,814
Operating loss (2,869) (2,317) (7,613) (6,822)
Dividends and interest income 1,520 642 4,432 1,939
Net realized and unrealized gain (loss) on investments 1,989 (3,220) 17,434 (5,055)
Net realized and unrealized loss on investments of Consolidated Fund   (284) (16) (279)
Gain on sale of controlling interest in subsidiary     10,524  
Interest expense (1,095) (1,286) (5,024) (3,872)
(Loss) income before income taxes from continuing operations (455) (6,465) 19,737 (14,089)
Income tax (expense) benefit   (2) (2) 83
Net (loss) income from continuing operations (455) (6,467) 19,735 (14,006)
Discontinued operations:        
Net income from discontinued operations 12,203 332 13,202 3,818
Net income (loss) 11,748 (6,135) 32,937 (10,188)
Less: net income (loss) attributable to non-controlling interest, continuing operations   1,146 (1,554) 913
Less: net (loss) income attributable to non-controlling interest, discontinued operations   (1,372) 1,504 (754)
Net income (loss) attributable to Great Elm Group, Inc. $ 11,748 $ (5,909) $ 32,987 $ (10,347)
Basic income (loss) per share from:        
Continuing operations $ (0.02) $ (0.28) $ 0.74 $ (0.55)
Discontinued operations 0.42 0.06 0.41 0.17
Basic net income (loss) per share 0.40 (0.22) 1.15 (0.38)
Diluted income (loss) per share from:        
Continuing operations (0.02) (0.28) 0.56 (0.55)
Discontinued operations 0.42 0.06 0.29 0.17
Diluted net income (loss) per share $ 0.40 $ (0.22) $ 0.85 $ (0.38)
Weighted average shares of common stock outstanding basic 28,997 26,842 28,779 26,963
Weighted average shares of common stock outstanding diluted 28,997 26,842 40,673 26,963