Note 2 - Investments (Tables)

6 Months Ended

Oct. 31, 2021

Notes Tables

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

($ in thousands)	Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
ETFs - equities	$	21,887	$	4,852	$	(54	)	$	26,685

($ in thousands)	Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
ETFs - equities	$	19,105	$	4,532	$	(55	)	$	23,582

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

	Amortized		Gross Unrealized
($ in thousands)	Historical Cost		Holding Losses			Fair Value
Maturity
Due within 1 year	$	598	$	(1	)	$	597
Total investment in government debt securities	$	598	$	(1	)	$	597

	Amortized		Gross Unrealized
($ in thousands)	Historical Cost		Holding Gains		Fair Value
Maturity
Due within 1 year	$	2,596	$	4	$	2,600
Total investment in government debt securities	$	2,596	$	4	$	2,600

Investment Income [Table Text Block]

	Three Months Ended October 31,					Six Months Ended October 31,
($ in thousands)	2021		2020			2021			2020
Dividend income	$	210	$	137		$	406		$	258
Interest income		-		44			1			100
Investment gains/(losses) recognized on sales of equity securities during the period	$	47	$	144			47			444
Unrealized gains/(losses) recognized on equity securities held at the end of the period	$	111	$	(187	)		309			508
Other		-		-			(1	)		(2	)
Total investment gains	$	368	$	138		$	762		$	1,308

Investment Holdings, Other than Securities [Table Text Block]

	Three Months Ended October 31,				Six Months Ended October 31,
($ in thousands) (unaudited)	2021		2020		2021		2020
Investment management fees earned from the Value Line Funds, net of waivers shown below	$	7,922	$	7,181	$	15,679	$	13,491
12b-1 fees and other fees, net of waivers shown below	$	2,487	$	2,454	$	4,941	$	4,755
Other income	$	47	$	5	$	119	$	115
Investment management fee waivers and reimbursements	$	111	$	76	$	218	$	119
12b-1 fee waivers	$	171	$	165	$	342	$	322
Value Line’s non-voting revenues interest	$	4,263	$	3,729	$	8,412	$	7,009
EAM's net income (1)	$	1,258	$	970	$	2,570	$	1,698

Summary Investment Holdings [Table Text Block]

	October 31,			April 30,
($ in thousands)	2021			2021
	(unaudited)
EAM's total assets	$	65,372		$	64,197
EAM's total liabilities (1)		(8,260	)		(6,870	)
EAM's total equity	$	57,112		$	57,327