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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2021
Mar. 31, 2020
Operating Revenues        
Total Operating Revenue $ 6,355 $ 914 $ 14,321 $ 2,605
Employee compensation and benefits 1,442 715 5,642 2,060
General and administrative 1,528 1,091 4,066 2,440
Advertising 44 37 162 111
Depreciation and amortization 49 50 147 152
3,063 1,893 10,017 4,763
Operating Income (Loss) 3,292 (979) 4,304 (2,158)
Investment income (loss) 8,424 (441) 30,124 (3,922)
Income (loss) from equity method investments (64) (91) 420 (146)
Other Operating Revenue 0 0 444 0
Other income 33 29 92 90
8,393 (503) 31,080 (3,978)
Income (Loss) from Continuing Operations Before Income Taxes 11,685 (1,482) 35,384 (6,136)
Provision for Income Taxes        
Tax expense (benefit) 3,078 75 8,172 (174)
Income (Loss) from Continuing Operations 8,607 (1,557) 27,212 (5,962)
Discontinued Operations        
Loss from discontinued operations of investment management services in Canada before income taxes 0 (85) 0 (338)
Tax benefit 0 0 0 0
Loss from Discontinued Operations 0 (85) 0 (338)
Net Income (Loss) 8,607 (1,642) 27,212 (6,300)
Less: Net Loss Attributable to Non-Controlling Interest from Discontinued Operations 0 (30) 0 (118)
Net Income (Loss) Attributable to U.S. Global Investors, Inc. $ 8,607 $ (1,612) $ 27,212 $ (6,182)
Basic Net Income (Loss) per Share        
Income (loss) from continuing operations (in Dollars per share) $ 0.57 $ (0.11) $ 1.81 $ (0.4)
Loss from discontinued operations (in Dollars per share) 0 0 0 (0.01)
Net income (loss) (in Dollars per share) 0.57 (0.11) 1.81 (0.41)
Diluted Net Income (Loss) per Share        
Income (loss) from continuing operations (in Dollars per share) 0.57 (0.11) 1.81 (0.4)
Loss from discontinued operations (in Dollars per share) 0 0 0 (0.01)
Net income (loss) (in Dollars per share) $ 0.57 $ (0.11) $ 1.81 $ (0.41)
Basic weighted average number of common shares outstanding (in Shares) 15,061,818 15,121,950 15,075,064 15,127,118
Diluted weighted average number of common shares outstanding (in Shares) 15,062,988 15,121,950 15,075,795 15,127,118
Investment Advisory Services [Member]        
Operating Revenues        
Revenues $ 6,304 $ 875 $ 14,168 $ 2,477
Administrative Service [Member]        
Operating Revenues        
Revenues $ 51 $ 39 $ 153 $ 128