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Note 2 - Investments
9 Months Ended
Mar. 31, 2024
Notes to Financial Statements  
Investment [Text Block]

(2) Investments

 

The following tables summarize gains and losses related to the Company’s investments as of March 31, 2024 and June 30, 2023, respectively:

 

  

March 31, 2024

 

Available-for-Sale Investments

 

Adjusted

  

Unrealized

  

Unrealized

  

Fair

 

(In thousands)

 

Cost

  

Gain

  

Loss

  

Value

 

Mutual Funds - Corporate & Government Debt

 $19,990  $  $(846) $19,144 

ETFs - Corporate & Government Debt

  7,375      (323)  7,052 

Time Deposits

            

Total

 $27,365  $  $(1,169) $26,196 

 

  

June 30, 2023

 

Available-for-Sale Investments

 

Adjusted

  

Unrealized

  

Unrealized

  

Fair

 

(In thousands)

 

Cost

  

Gain

  

Loss

  

Value

 

Mutual Funds - Corporate & Government Debt

 $19,990  $  $(1,025) $18,965 

ETFs - Corporate & Government Debt

  7,376      (418)  6,958 

Time Deposits

  2,006      (10)  1,996 

Total

 $29,372  $  $(1,453) $27,919 

 

We have certain financial instruments on our condensed consolidated balance sheets related to interest-bearing time deposits. Time deposits with maturities of less than 90 days, if any, from the purchase date are included in “Cash and Cash Equivalents.” Time deposits with maturities from 91-360 days, if any, are included in “Short-term investments.” Time deposits with maturities of more than 360 days, if any, are included in “Long-term investments.” As of  March 31, 2024 and June 30, 2023, the Company had no long-term investments. For more information about the fair value of the Company’s financial instruments, see footnote 8.

 

The following table presents the carrying amounts of certain financial instruments as of March 31, 2024 and June 30, 2023, respectively:

 

  

Carrying Value

 
  

Short-Term Investments

 

(In thousands)

 

March 31, 2024

  

June 30, 2023

 

Money Market Funds

        

Mutual Funds - Corporate & Government Debt

 $19,144  $18,965 

ETFs - Corporate & Government Debt

  7,052   6,958 

Time Deposits

        

Maturities from 91-360 days

     1,996 

Total

 $26,196  $27,919