Note 2 - Investments (Tables)

9 Months Ended

Jan. 31, 2021

Notes Tables

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

			Gross Unrealized		Gross Unrealized
($ in thousands)	Cost		Holding Gains		Losses			Fair Value
ETFs - equities	$	14,880	$	2,646	$	(10	)	$	17,516

			Gross Unrealized		Gross Unrealized
($ in thousands)	Cost		Holding 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	$	5,967	$	34	$	6,001
Total investment in government debt securities	$	5,967	$	34	$	6,001

	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 January 31,				Nine Months Ended January 31,
($ in thousands)	2021		2020		2021			2020
Dividend income	$	155	$	95	$	413		$	247
Interest income		32		66		131			203
Realized gain on sale of equity securities		237		1		1,162			1
Other		-		5		(1	)		-
Total income from securities transactions, net	$	424	$	167	$	1,705			451

Investment Holdings, Other than Securities [Table Text Block]

	Three Months Ended January 31,				Nine Months Ended January 31,
($ in thousands) (unaudited)	2021		2020		2021		2020
Investment management fees earned from the Value Line Funds, net of waivers shown below	$	7,827	$	5,921	$	21,318	$	16,531
12b-1 fees and other fees, net of waivers shown below	$	2,439	$	2,210	$	7,194	$	6,275
Other income	$	119	$	89	$	234	$	147
Investment management fee waivers and reimbursements	$	88	$	15	$	207	$	233
12b-1 fee waivers	$	168	$	178	$	490	$	517
Value Line's non-voting revenues interest	$	4,104	$	3,033	$	11,113	$	8,389
EAM's net income (1)	$	1,260	$	844	$	2,958	$	1,990

Summary Investment Holdings [Table Text Block]

	January 31,			April 30,
($ in thousands)	2021			2020
	(unaudited)
EAM's total assets	$	64,357		$	61,335
EAM's total liabilities (1)		(7,186	)		(4,192	)
EAM's total equity	$	57,171		$	57,143