Note 13 - Income Taxes (Tables)

12 Months Ended

Jun. 30, 2023

Notes Tables

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

	Year ended June 30,
(dollars in thousands)	2023			2022
United States	$	4,114		$	5,493
Canada		(31	)		(525	)
Total	$	4,083		$	4,968

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	Year ended June 30,
				% of						% of
(dollars in thousands)	2023			Pretax			2022			Pretax
Tax expense at statutory rate	$	857			21.0	%	$	1,042			21.0	%
State and local income taxes, net of federal tax benefit		131			3.2	%		406			8.2	%
Tax expense (benefit) from change in foreign unrealized gain/loss		6			0.1	%		(281	)		(5.7	)%
Non-taxable investment income (loss)		(33	)		(0.8	)%		294			5.9	%
Income from controlled foreign corporation		7			0.2	%		307			6.2	%
Rate difference on foreign deferred income (loss)		18			0.4	%		(262	)		(5.3	)%
Foreign tax credit		-			0.0	%		(153	)		(3.1	)%
Other		(52	)		(1.2	)%		175			3.6	%
Total tax expense	$	934			22.9	%	$	1,528			30.8	%

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	Year ended June 30,
(dollars in thousands)	2023			2022
Current tax expense - U.S.	$	1,245		$	3,859
Current tax expense - State U.S.		131			406
Current tax expense (benefit) - Non-U.S.		(2	)		154
Deferred tax benefit - U.S.		(442	)		(2,657	)
Deferred tax expense (benefit) - Non-U.S.		2			(234	)
Total tax expense	$	934		$	1,528

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	June 30,
(dollars in thousands)	2023			2022
Deferred Income Tax Assets:
Accumulated depreciation	$	117		$	102
Investments in securities at fair value		1,604			837
Accrued expenses		218			407
Product start-up costs		99			99
Share-based compensation expense		162			164
Other		40			16
Net operating loss carryover		24			-
Subtotal Deferred Tax Assets		2,264			1,625
Valuation Allowance		(24	)		-
Total Deferred Tax Assets		2,240			1,625
Deferred Income Tax Liabilities:
Investments in securities at fair value	$	(4	)	$	-
Prepaid expenses		(77	)		(64	)
Other investments		-			(430	)
Foreign tax on undistributed earnings		(243	)		(259	)
Total Deferred Tax Liabilities		(324	)		(753	)
Net Deferred Tax Asset	$	1,916		$	872

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

	Year ended June 30,
(dollars in thousands)	2023		2022
Beginning Balance	$	379	$	-
Increases related to current year tax positions		117		379
Ending Balance	$	496	$	379