Note 3 - Investments (Tables)

6 Months Ended

Dec. 31, 2023

Notes Tables

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

	December 31, 2023
			Significant		Significant
	Quoted		Other		Unobservable
	Prices		Inputs		Inputs
(dollars in thousands)	(Level 1)		(Level 2)		(Level 3)		Total
Investments carried at fair value on a recurring basis:
Investments in trading securities:
Equity securities:
Equities - International	$	443	$	-	$	2	$	445
Mutual funds - Fixed income		10,092		-		-		10,092
Mutual funds - Global equity		760		-		-		760
Total equity securities		11,295		-		2		11,297
Debt securities:
Corporate debt securities		260		-		-		260
Total investments in trading securities:		11,555		-		2		11,557
Investments in available-for-sale debt securities:
Corporate debt securities - Convertible debentures		-		-		5,784		5,784
Total investments carried at fair value on a recurring basis:	$	11,555	$	-	$	5,786	$	17,341
Investments carried at fair value on a nonrecurring basis:
Other investments (1)	$	-	$	-	$	435	$	435

	June 30, 2023
			Significant		Significant
	Quoted		Other		Unobservable
	Prices		Inputs		Inputs
(dollars in thousands)	(Level 1)		(Level 2)		(Level 3)		Total
Investments carried at fair value on a recurring basis:
Investments in trading securities:
Equity securities:
Equities - International	$	488	$	-	$	290	$	778
Mutual funds - Fixed income		11,642		-		-		11,642
Mutual funds - Global equity		785		-		-		785
Total equity securities		12,915		-		290		13,205
Debt securities:
Corporate debt securities		-		-		-		-
Total investments in trading securities:		12,915		-		290		13,205
Investments in available-for-sale debt securities:
Corporate debt securities - Convertible debentures		-		-		7,008		7,008
Total investments carried at fair value on a recurring basis:	$	12,915	$	-	$	7,298	$	20,213
Investments carried at fair value on a nonrecurring basis:
Other investments (1)	$	-	$	-	$	1,786	$	1,786

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

	Six Months Ended December 31, 2023
	Investments in			Investments in
(dollars in thousands)	equity securities			debt securities
Beginning Balance	$	290		$	7,008
Principal repayments		-			(1,500	)
Amortization of day one premium		-			(96	)
Accretion of bifurcation discount		-			284
Total gains or losses included in:
Net Investment Income (Loss)		(288	)		576
Other Comprehensive Income (Loss)		-			(488	)
Ending Balance	$	2		$	5,784

Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

	December 31, 2023
(dollars in thousands)	Fair Value		Principal Valuation Techniques	Unobservable Inputs
Investments in equity securities:
Common share purchase warrants	$	2	Option pricing model	Volatility	185.0	%
				Risk-Free Rate	4.66	%
Investments in available-for-sale debt securities:
Corporate debt securities - Convertible debentures	$	5,784	Binomial lattice model	Volatility	100.0	%
				Credit Spread	9.90	%
				Risk-Free Rate	3.78	%

Debt Securities, Trading, and Equity Securities, FV-NI [Table Text Block]

	December 31, 2023
(dollars in thousands)	Cost		Unrealized Gains (Losses)			Fair Value
Trading securities at fair value
Equity securities:
Equities - International	$	6,595	$	(6,150	)	$	445
Equities - Domestic		45		(45	)		-
Mutual funds - Fixed income		10,280		(188	)		10,092
Mutual funds - Global equity		929		(169	)		760
Total equity securities		17,849		(6,552	)		11,297
Debt securities:
Corporate debt securities		215		45			260
Total trading securities at fair value	$	18,064	$	(6,507	)	$	11,557

	June 30, 2023
(dollars in thousands)	Cost		Unrealized Gains (Losses)			Fair Value
Trading securities at fair value
Equity securities:
Equities - International	$	6,679	$	(5,901	)	$	778
Equities - Domestic		45		(45	)		-
Mutual funds - Fixed income		11,947		(305	)		11,642
Mutual funds - Global equity		930		(145	)		785
Total equity securities		19,601		(6,396	)		13,205
Debt securities:
Corporate debt securities		-		-			-
Total trading securities at fair value	$	19,601	$	(6,396	)	$	13,205

	December 31, 2023
(dollars in thousands)	Amortized Cost		Gross Unrealized Gains in Other Comprehensive Income (Loss)		Gross Unrealized Losses in Other Comprehensive Income (Loss)		Gross Unrealized Losses in Net Investment Income (Loss) (1)			Fair Value		Allowance for Credit Losses
Available-for-sale debt securities:
Corporate debt securities - Convertible debentures	$	7,056	$	1,219	$	-	$	(2,491	)	$	5,784	$	-

	June 30, 2023
(dollars in thousands)	Amortized Cost		Gross Unrealized Gains in Other Comprehensive Income (Loss)		Gross Unrealized Losses in Other Comprehensive Income (Loss)		Gross Unrealized Losses in Net Investment Income (Loss) (1)			Fair Value		Allowance for Credit Losses
Available-for-sale debt securities:
Corporate debt securities - Convertible debentures	$	7,729	$	1,707	$	-	$	(2,428	)	$	7,008	$	-

	December 31, 2023
(dollars in thousands)	Amortized Cost		Gross Unrecognized Holding Gains		Gross Unrecognized Holding Losses			Fair Value		Allowance for Credit Losses
Held-to-maturity debt securities(1):
Corporate debt securities	$	1,000	$	-	$	(177	)	$	823	$	177

	June 30, 2023
(dollars in thousands)	Amortized Cost		Gross Unrecognized Holding Gains		Gross Unrecognized Holding Losses			Fair Value		Allowance for Credit Losses
Held-to-maturity debt securities(1):
Corporate debt securities	$	1,000	$	-	$	(232	)	$	768	$	-

Schedule of Derivative Instruments [Table Text Block]

	December 31, 2023		June 30, 2023
	Other Assets		Other Assets
	Investments in		Investments in
	available-for-sale		available-for-sale
(dollars in thousands)	debt securities		debt securities
Embedded Derivatives:
Equity price risk exposure	$	51	$	114

	Six Months Ended					Three Months Ended
	December 31,					December 31,
	2023			2022		2023		2022
	Other Income (Loss)			Other Income (Loss)		Other Income (Loss)		Other Income (Loss)
(dollars in thousands)	Net Investment Income (Loss)			Net Investment Income (Loss)		Net Investment Income (Loss)		Net Investment Income (Loss)
Embedded Derivatives:
Equity price risk exposure	$	(63	)	$	26	$	16	$	26

Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Table Text Block]

(dollars in thousands)	December 31, 2023
Beginning Balance, prior to adoption of ASU 2016-13	$	-
Impact of ASU 2016-13 adoption		232
Provision for credit losses - reversal (1)		(55	)
Ending Balance	$	177

Investments Classified by Contractual Maturity Date [Table Text Block]

	December 31, 2023
	Available-for-sale		Held-to-maturity
	debt securities		debt securities
	Convertible		Due after one year
(dollars in thousands)	debentures (1)		through five years
Amortized Cost	$	7,056	$	1,000
Fair Value	$	5,784	$	823

Equity Securities without Readily Determinable Fair Value [Table Text Block]

	Six Months Ended						Three Months Ended
	December 31,						December 31,
(dollars in thousands)	2023			2022			2023		2022
Other Investments
Carrying value	$	1,613		$	2,633		$	1,613	$	2,633
Upward carrying value changes	$	-		$	5		$	-	$	5
Downward carrying value changes/impairment	$	(775	)	$	(1,841	)	$	-	$	(2	)

Investment Income [Table Text Block]

	Six Months Ended						Three Months Ended
(dollars in thousands)	December 31,						December 31,
Net Investment Income (Loss)	2023			2022			2023			2022
Realized gains (losses) on equity securities	$	(740	)	$	-		$	79		$	-
Realized gains (losses) on debt securities		639			905			303			436
Unrealized gains (losses) on equity securities		(164	)		(2,868	)		279			(937	)
Unrealized gains (losses) on debt securities		46			-			46			-
Unrealized gains (losses) on embedded derivatives		(63	)		26			16			26
Unrealized gains (losses) on cash equivalents		(2	)		-			(2	)		-
Dividend and interest income		1,185			900			603			481
Realized foreign currency gains (losses)		2			(307	)		92			110
Total Net Investment Income (Loss)	$	903		$	(1,344	)	$	1,416		$	116

Unrealized Gain (Loss) on Investments [Table Text Block]

	Six Months Ended						Three Months Ended
	December 31,						December 31,
(dollars in thousands)	2023			2022			2023		2022
Unrealized gains and losses for securities held at the reporting date:
Equity securities:
Net gains and losses recognized during the period	$	(904	)		(2,868	)	$	358	$	(937	)
Less: Net gains and losses recognized during the period on securities sold during the period		35			-			79		-
Net unrealized gains (losses) recognized during the reporting period on securities still held at the reporting date (1)	$	(939	)	$	(2,868	)	$	279	$	(937	)
Debt securities classified as trading:
Net gains and losses recognized during the period	$	46			-		$	46	$	-
Less: Net gains and losses recognized during the period on securities sold during the period		-			-			-		-
Net unrealized gains (losses) recognized during the reporting period on securities still held at the reporting date	$	46		$	-		$	46	$	-