Note 2 - Investments (Tables)

3 Months Ended

Sep. 30, 2024

Notes Tables

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

	September 30, 2024
			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	$	347	$	-	$	-	$	347
Mutual funds - Fixed income		9,713		-		-		9,713
Mutual funds - Global equity		858		-		-		858
Total equity securities		10,918		-		-		10,918
Debt securities:
Corporate debt securities		248		-		-		248
Total investments in trading securities:		11,166		-		-		11,166
Investments in available-for-sale debt securities:
Corporate debt securities - Convertible debentures		-		-		3,742		3,742
Total investments carried at fair value on a recurring basis:	$	11,166	$	-	$	3,742	$	14,908
Investments carried at fair value on a nonrecurring basis:
Other investments (1)	$	-	$	-	$	-	$	-

	June 30, 2024
			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	$	435	$	-	$	-	$	435
Mutual funds - Fixed income		9,644		-		-		9,644
Mutual funds - Global equity		806		-		-		806
Total equity securities		10,885		-		-		10,885
Debt securities:
Corporate debt securities		208		-		-		208
Total investments in trading securities:		11,093		-		-		11,093
Investments in available-for-sale debt securities:
Corporate debt securities - Convertible debentures		-		-		4,414		4,414
Total investments carried at fair value on a recurring basis:	$	11,093	$	-	$	4,414	$	15,507
Investments carried at fair value on a nonrecurring basis:
Other investments (1)	$	-	$	-	$	600	$	600

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

	Three Months Ended September 30, 2024
	Investments in
(dollars in thousands)	debt securities
Beginning Balance	$	4,414
Principal repayments		(750	)
Amortization of day one premium		(31	)
Accretion of bifurcation discount		91
Total gains or losses included in:
Net Investment Income (Loss)		198
Other Comprehensive Income (Loss)		(180	)
Ending Balance	$	3,742

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

	September 30, 2024
(dollars in thousands)	Fair Value		Principal Valuation Techniques	Unobservable Inputs
Investments in available-for-sale debt securities:
Corporate debt securities - Convertible debentures	$	3,742	Binomial lattice model	Volatility	90.0	%
				Credit Spread	7.90	%
				Risk-Free Rate	3.15	%

	June 30, 2024
(dollars in thousands)	Fair Value		Principal Valuation Techniques	Unobservable Inputs
Investments in available-for-sale debt securities:
Corporate debt securities - convertible debentures	$	4,414	Binomial lattice model	Volatility	95.0	%
				Credit Spread	8.2	%
				Risk-Free Rate	4.1	%

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

	September 30, 2024
(dollars in thousands)	Cost		Unrealized Gains (Losses)			Fair Value
Trading securities at fair value
Equity securities:
Equities - International	$	762	$	(415	)	$	347
Equities - Domestic		45		(45	)		-
Mutual funds - Fixed income		9,869		(156	)		9,713
Mutual funds - Global equity		929		(71	)		858
Total equity securities at fair value		11,605		(687	)		10,918
Debt securities:
Corporate debt securities		215		33			248
Total trading securities at fair value	$	11,820	$	(654	)	$	11,166

	June 30, 2024
(dollars in thousands)	Cost		Unrealized Gains (Losses)			Fair Value
Trading securities at fair value
Equity securities:
Equities - International	$	762	$	(327	)	$	435
Equities - Domestic		45		(45	)		-
Mutual funds - Fixed income		9,869		(225	)		9,644
Mutual funds - Global equity		929		(123	)		806
Total equity securities at fair value		11,605		(720	)		10,885
Debt securities:
Corporate debt securities		215		(7	)		208
Total trading securities at fair value	$	11,820	$	(727	)	$	11,093

	September 30, 2024
(dollars in thousands)	Amortized Cost		Unrealized Gains in Other Comprehensive Income (Loss)		Unrealized Losses in Other Comprehensive Income (Loss)		Unrealized Losses in Net Investment Income (Loss) (1)			Fair Value		Allowance for Credit Losses
Available-for-sale debt securities:
Corporate debt securities - Convertible debentures	$	5,717	$	560	$	-	$	(2,535	)	$	3,742	$	-

	June 30, 2024
(dollars in thousands)	Amortized Cost		Unrealized Gains in Other Comprehensive Income (Loss)		Unrealized Losses in Other Comprehensive Income (Loss)		Unrealized Losses in Net Investment Income (Loss) (1)			Fair Value		Allowance for Credit Losses
Available-for-sale debt securities:
Corporate debt securities - Convertible debentures	$	6,204	$	740	$	-	$	(2,530	)	$	4,414	$	-

	September 30, 2024
(dollars in thousands)	Amortized Cost		Allowance for Credit Losses		Net Carrying Amount		Gross Unrecognized Holding Gains		Gross Unrecognized Holding Losses		Fair Value
Held-to-maturity debt securities(1):
Corporate debt securities	$	1,000	$	109	$	891	$	-	$	-	$	891

	June 30, 2024
(dollars in thousands)	Amortized Cost		Allowance for Credit Losses		Net Carrying Amount		Gross Unrecognized Holding Gains		Gross Unrecognized Holding Losses		Fair Value
Held-to-maturity debt securities(1):
Corporate debt securities	$	1,000	$	132	$	868	$	-	$	-	$	868

Schedule of Derivative Instruments [Table Text Block]

	September 30, 2024		June 30, 2024
	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	$	7	$	12

	Three Months Ended
	September 30,
	2024			2023
	Other Income (Loss)			Other Income (Loss)
(dollars in thousands)	Net Investment Income (Loss)			Net Investment Income (Loss)
Embedded Derivatives:
Equity price risk exposure	$	(5	)	$	(79	)

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

	Three Months Ended
	September 30,
(dollars in thousands)	2024			2023
Beginning Balance	$	132		$	-
Impact of ASU 2016-13 adoption		-			232
Provision for credit losses - reversal (1)		(23	)		(27	)
Ending Balance	$	109		$	205

Investments Classified by Contractual Maturity Date [Table Text Block]

	September 30, 2024
	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	$	5,717	$	1,000
Fair Value	$	3,742	$	891

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

	Three Months Ended
	September 30,
(dollars in thousands)	2024		2023
Other Investments
Carrying value	$	1,687	$	1,613
Upward carrying value changes	$	-	$	-
Downward carrying value changes/impairment	$	-	$	(775	)

Investment Income [Table Text Block]

	Three Months Ended
(dollars in thousands)	September 30,
Net Investment Income (Loss)	2024			2023
Realized gains (losses) on equity securities	$	-		$	(818	)
Realized gains (losses) on debt securities		203			336
Unrealized gains (losses) on equity securities		33			(443	)
Unrealized gains (losses) on debt securities		40			-
Unrealized gains (losses) on embedded derivatives		(5	)		(79	)
Unrealized gains (losses) on cash equivalents		(1	)		(1	)
Dividend and interest income		600			582
Realized foreign currency gains (losses)		47			(90	)
Total Net Investment Income (Loss)	$	917		$	(513	)

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

	Three Months Ended
	September 30,
(dollars in thousands)	2024		2023
Unrealized gains and losses for securities held at the reporting date:
Equity securities:
Net gains and losses recognized during the period	$	33		(1,261	)
Less: Net gains and losses recognized during the period on securities sold during the period		-		(43	)
Unrealized gains and losses recognized during the reporting period on securities still held at the reporting date (1)	$	33	$	(1,218	)
Debt securities classified as trading:
Net gains and losses recognized during the period	$	40		-
Less: Net gains and losses recognized during the period on securities sold during the period		-		-
Unrealized gains and losses recognized during the reporting period on securities still held at the reporting date	$	40	$	-