Note 7 - Investments

6 Months Ended

Dec. 31, 2024

Notes to Financial Statements

Investment [Text Block]

(7) Investments

We have investments in debt securities intended to enhance returns on our cash as well as to fund future obligations. Our short-term investments consist of U.S. Treasury bills, with maturities of less than one year, and total $82.0 million at December 31, 2024. Our long-term investments consist of U.S. Treasury notes, with maturities ranging between one and two years, and total $45.1 million at December 31, 2024. We had $36.3 million of U.S. Treasuries mature during the first six months of fiscal 2025, which were subsequently reinvested for $35.2 million. All unrealized gains and losses are included in Accumulated other comprehensive loss within our consolidated balance sheets.

Our debt securities are presented below in accordance with their stated maturities:

	December 31, 2024
	Amortized cost		Gross unrealized gains		Gross unrealized losses			Fair Value
Due within one year	$	79,896	$	2,153	$	-		$	82,049
Due within one and two years		45,152		40		(100	)		45,092
Total	$	125,048	$	2,193	$	(100	)	$	127,141

	June 30, 2024
	Amortized cost		Gross unrealized gains		Gross unrealized losses			Fair Value
Due within one year	$	89,997	$	1,322	$	-		$	91,319
Due within one and two years		34,894		-		(122	)		34,772
Total	$	124,891	$	1,322	$	(122	)	$	126,091