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Consolidated Statements of Cash Flows
$ in Thousands
12 Months Ended
Jun. 30, 2022
USD ($)
Jun. 30, 2021
USD ($)
Cash Flows from Operating Activities:    
Net Income $ 3,819 $ 31,961
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation, amortization and accretion (419) 374
Net recognized loss on disposal of fixed assets 0 7
Net realized gains on securities (4,039) (17,746)
Unrealized losses (gains) on securities 11,914 (9,909)
Investment basis adjustment 5 27
Net loss (income) from equity method investment 206 (347)
Foreign currency transaction gain (10) 0
Provision for deferred taxes (2,891) 1,055
Stock bonuses 0 19
Stock-based compensation expense 733 43
PPP loan forgiveness 0 (444)
Changes in operating assets and liabilities:    
Accounts and other receivables 2,501 (3,685)
Prepaid expenses and other assets (217) (22)
Accounts payable and accrued expenses (1,067) 3,433
Total adjustments 6,716 (27,195)
Net cash provided by operating activities 10,535 4,766
Cash Flows from Investing Activities:    
Purchase of property and equipment (220) (73)
Purchase of equity securities at fair value, current (6,000) 0
Purchase of equity securities at fair value, non-current (123) (5,988)
Purchase of other investments (620) (863)
Purchase of held-to-maturity debt securities 0 (1,000)
Purchase of available-for-sale debt securities at fair value 0 (9,147)
Proceeds from sale of equity method investment 85 0
Proceeds on sale of equity securities at fair value, non-current 2,850 24,313
Proceeds from principal paydowns of available-for-sale debt securities at fair value 3,000 1,408
Return of capital on other investments 9 0
Net cash provided by (used in) investing activities (1,019) 8,650
Cash Flows from Financing Activities:    
Issuance of common stock 53 13
Repurchases of common stock (452) (314)
Dividends paid (1,239) (640)
Net cash used in financing activities (1,638) (941)
Net increase in cash, cash equivalents, and restricted cash 7,878 12,475
Beginning cash, cash equivalents, and restricted cash 15,436 2,961
Ending cash, cash equivalents, and restricted cash 23,314 15,436
Supplemental Disclosures of Non-Cash Investing and Financing Activities    
Dividends declared but not paid 337 226
Fair value of assets acquired 228 0
Unsettled sales of non-current investments 0 22
Supplemental Disclosures of Cash Flow Information    
Cash paid for income taxes $ 4,142 $ 4,696