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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash Flows from Operating Activities:    
Net income (loss) $ 32,829 $ (6,300)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 147 152
Net recognized loss on disposal of fixed assets 7 0
Net recognized gain on securities (15,506) 0
Investment basis adjustment 27 (49)
Gain on disposal of Galileo 0 (151)
Net (income) loss from equity method investment (420) 146
Net loss from discontinued operations, net of tax 0 338
Foreign currency transaction loss 0 228
Provision for deferred taxes 4,234 (139)
Stock bonuses 18 3
PPP loan forgiveness (444) 0
Changes in operating assets and liabilities:    
Accounts receivable and other receivables (1,671) 108
Prepaid expenses and other assets (117) (148)
Investment securities (21,226) 5,707
Accounts payable and accrued expenses 4,062 456
Total adjustments (30,889) 6,651
Net cash provided by operating activities 1,940 351
Cash Flows from Investing Activities:    
Purchase of property and equipment (36) 0
Purchase of investments in securities at fair value, non-current (135) 0
Purchase of other investments (665) (75)
Purchase of held-to-maturity investments (1,000) 0
Purchase of available-for-sale investments (15,000) 0
Proceeds from sale of Galileo 0 746
Proceeds on sale of non-current investments 22,355 0
Proceeds from maturity of corporate bonds 658 0
Return of capital on investments 0 10
Net cash provided by investing activities 6,177 681
Cash Flows from Financing Activities:    
Issuance of common stock 4 2
Repurchases of common stock (189) (74)
Dividends paid (414) (340)
Net cash used in financing activities (599) (412)
Net increase in cash, cash equivalents, and restricted cash 7,518 620
Beginning cash, cash equivalents, and restricted cash 2,961 2,491
Ending cash, cash equivalents, and restricted cash 10,479 3,111
Supplemental Disclosures of Cash Flow Information    
Cash paid for income taxes $ 1,902 $ 0