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DISCONTINUED OPERATIONS (Tables)
12 Months Ended
Jun. 30, 2020
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations [Table Text Block]
   

June 30,

 

(dollars in thousands)

 

2020

   

2019

 

Assets

               

Cash and cash equivalents

  $ -     $ 1,482  

Accounts and other receivables

    -       200  

Prepaid expenses

    -       52  

Net property and equipment

    -       38  

Other assets, non-current

    -       8  

Total assets held related to discounted operations

  $ -     $ 1,780  

Liabilities

               

Accounts payable

  $ -     $ 135  

Accrued compensation and related costs

    -       84  

Other accrued expenses

    -       262  

Total liabilities held related to discontinued operations

  $ -     $ 481  
   

Year Ended June 30,

 

(dollars in thousands)

 

2020

   

2019

 

Revenues

               

Advisory fees

  $ 235     $ 1,458  
      235       1,458  

Expenses

               

Employee compensation and benefits

    77       534  

General and administrative

    508       1,121  

Depreciation and amortization

    6       10  
      591       1,665  

Other Income (Loss)

               

Investment income

    24       18  

Other income (loss)

    (6 )     42  
      18       60  

Loss from discontinued operations of investment management services in Canada before income taxes

    (338 )     (147 )

Tax benefit

    -       -  

Loss from discontinued operations of investment management services in Canada

    (338 )     (147 )

Less: net loss attributable to non-controlling interest from discontinued operations

    (118 )     (51 )

Net loss attributable to U.S. Global Investors, Inc. from discontinued operations of investment management services in Canada

  $ (220 )   $ (96 )