Note 2 - Investments (Tables)

6 Months Ended

Oct. 31, 2020

Notes Tables

Schedule of Available-for-sale Securities Reconciliation [Table Text Block]

			Gross Unrealized
($ in thousands)	Cost		Holding Gains		Fair Value
ETFs - equities	$	15,909	$	1,276	$	17,185

			Gross Unrealized		Gross Unrealized
($ in thousands)	Cost		Gains		Losses			Fair Value
ETFs - equities	$	12,877	$	1,317	$	(69	)	$	14,125

	Amortized		Gross Unrealized
($ in thousands)	Historical Cost		Holding Gains		Fair Value
Maturity
Due within 1 year	$	12,185	$	115	$	12,300
Total investment in government debt securities	$	12,185	$	115	$	12,300

	Amortized		Gross Unrealized
($ in thousands)	Historical Cost		Holding Gains		Fair Value
Maturity
Due within 1 year	$	14,652	$	177	$	14,829
Due 1 year through 5 years		250		-		250
Total investment in government debt securities	$	14,902	$	177	$	15,079

Investment Income [Table Text Block]

	Three Months Ended October 31,					Six Months Ended October 31,
($ in thousands)	2020		2019			2020			2019
Dividend income	$	137	$	81		$	258		$	151
Interest income		44		66			100			137
Realized gain on sale of equity securities		142		-			925			-
Other		-		(4	)		(2	)		(4	)
Total income from securities transactions, net	$	323	$	143		$	1,281		$	284

Investment Holdings, Other than Securities [Table Text Block]

	Three Months Ended October 31,				Six Months Ended October 31,
($ in thousands) (unaudited)	2020		2019		2020		2019
Investment management fees earned from the Value Line Funds, net of waivers shown below	$	7,181	$	5,463	$	13,491	$	10,610
12b-1 fees and other fees, net of waivers shown below	$	2,454	$	2,086	$	4,755	$	4,065
Other income	$	5	$	5	$	115	$	58
Investment management fee waivers and reimbursements	$	76	$	109	$	119	$	218
12b-1 fee waivers	$	165	$	166	$	322	$	339
Value Line's non-voting revenues interest	$	3,729	$	2,768	$	7,009	$	5,356
EAM's net income (1)	$	970	$	580	$	1,698	$	1,146

Summary Investment Holdings [Table Text Block]

	October 31,			April 30,
($ in thousands)	2020			2020
	(unaudited)
EAM's total assets	$	63,549		$	61,335
EAM's total liabilities (1)		(6,529	)		(4,192	)
EAM's total equity	$	57,020		$	57,143