(dollars in thousands)

Investment Management Services

Corporate Investments

Consolidated

Nine months ended March 31, 2021 As restated (See Note 2)

Net operating revenues

$

14,321

$

-

$

14,321

Investment income

$

-

$

30,124

$

30,124

Income from equity method investments

$

-

$

420

$

420

Gain on forgiveness of PPP loan

$

444

$

-

$

444

Other income

$

92

$

-

$

92

Income from continuing operations before income taxes

$

6,842

$

28,542

$

35,384

Depreciation and amortization

$

147

$

-

$

147

Gross identifiable assets at March 31, 2021

$

11,530

$

55,292

$

66,822

Deferred tax asset

$

-

Consolidated total assets at March 31, 2021

$

66,822

Nine months ended March 31, 2020

Net operating revenues

$

2,605

$

-

$

2,605

Investment loss

$

-

$

(3,922

)

$

(3,922

)

Loss from equity method investments

$

-

$

(146

)

$

(146

)

Other income

$

90

$

-

$

90

Loss from continuing operations before income taxes

$

(1,884

)

$

(4,252

)

$

(6,136

)

Depreciation and amortization

$

143

$

9

$

152

Three months ended March 31, 2021 As restated (See Note 2)

Net operating revenues

$

6,355

$

-

$

6,355

Investment income

$

-

$

8,424

$

8,424

Loss from equity method investments

$

-

$

(64

)

$

(64

)

Other income

$

33

$

-

$

33

Income from continuing operations before income taxes

$

3,379

$

8,306

$

11,685

Depreciation and amortization

$

49

$

-

$

49

Three months ended March 31, 2020

Net operating revenues

$

914

$

-

$

914

Investment loss

$

-

$

(441

)

$

(441

)

Loss from equity method investments

$

-

$

(91

)

$

(91

)

Other income

$

29

$

-

$

29

Loss from continuing operations before income taxes

$

(883

)

$

(599

)

$

(1,482

)

Depreciation and amortization

$

47

$

3

$

50