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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Operating Revenues        
Revenues $ 914 $ 857 $ 2,605 $ 2,694
Operating Expenses        
Employee compensation and benefits 715 680 2,060 2,150
General and administrative 1,091 753 2,440 2,234
Advertising 37 42 111 122
Depreciation and amortization 50 54 152 164
1,893 1,529 4,763 4,670
Operating Loss (979) (672) (2,158) (1,976)
Other Income (Loss)        
Investment income (loss) (441) 2,100 (3,922) (2,231)
Income (loss) from equity method investments (91) 3 (146) (52)
Other income 29 7 90 27
(503) 2,110 (3,978) (2,256)
Income (Loss) from Continuing Operations Before Income Taxes (1,482) 1,438 (6,136) (4,232)
Provision for Income Taxes        
Tax expense (benefit) 75 546 (174) (554)
Income (Loss) from Continuing Operations (1,557) 892 (5,962) (3,678)
Discontinued Operations        
Income (loss) from discontinued operations of investment management services in Canada before income taxes (85) (185) (338) 149
Tax benefit 0 (11) 0 0
Income (Loss) from Discontinued Operations (85) (174) (338) 149
Net Income (Loss) (1,642) 718 (6,300) (3,529)
Less: Net Income (Loss) Attributable to Non-Controlling Interest from Discontinued Operations (30) (61) (118) 52
Net Loss Attributable to U.S. Global Investors, Inc. $ (1,612) $ 779 $ (6,182) $ (3,581)
Basic Net Income (Loss) per Share        
Income (loss) from continuing operations (in Dollars per share) $ (0.11) $ 0.06 $ (0.40) $ (0.24)
Income (loss) from discontinued operations (in Dollars per share) 0 (0.01) (0.01) 0
Net income (loss) (in Dollars per share) (0.11) 0.05 (0.41) (0.24)
Diluted Net Income (Loss) per Share        
Income (loss) from continuing operations (in Dollars per share) (0.11) 0.06 (0.40) (0.24)
Income (loss) from discontinued operations (in Dollars per share) 0 (0.01) (0.01) 0
Net income (loss) (in Dollars per share) $ (0.11) $ 0.05 $ (0.41) $ (0.24)
Basic weighted average number of common shares outstanding (in Shares) 15,121,950 15,132,408 15,127,118 15,141,061
Diluted weighted average number of common shares outstanding (in Shares) 15,121,950 15,132,408 15,127,118 15,141,061
Investment Advisory Services [Member]        
Operating Revenues        
Revenues $ 875 $ 812 $ 2,477 $ 2,553
Administrative Service [Member]        
Operating Revenues        
Revenues $ 39 $ 45 $ 128 $ 141