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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Revenues $ 1,879 $ 1,021 $ 3,739 $ 2,004
Operating costs and expenses:        
Investment management expenses 2,311 1,969 4,300 3,156
Depreciation and amortization 295 109 589 218
Selling, general and administrative 2,061 1,465 3,548 3,038
Expenses of Consolidated Fund   45 46 97
Total operating costs and expenses 4,667 3,588 8,483 6,509
Operating loss (2,788) (2,567) (4,744) (4,505)
Dividends and interest income 1,439 644 2,912 1,297
Net realized and unrealized gain (loss) on investments 22,242 (1,821) 15,445 (1,835)
Net realized and unrealized gain (loss) on investments of Consolidated Fund   194 (16) 5
Gain on sale of controlling interest in subsidiary 10,524   10,524  
Interest expense (1,955) (1,293) (3,929) (2,586)
Income (loss) before income taxes from continuing operations 29,462 (4,843) 20,192 (7,624)
Income tax benefit (expense) 231 53 (2) 85
Net income (loss) from continuing operations 29,693 (4,790) 20,190 (7,539)
Discontinued operations:        
Net income from discontinued operations 35 631 999 3,486
Net income (loss) 29,728 (4,159) 21,189 (4,053)
Less: net income (loss) attributable to non-controlling interest, continuing operations 18 (129) (1,554) (233)
Less: net income attributable to non-controlling interest, discontinued operations 180 208 1,504 618
Net income (loss) attributable to Great Elm Group, Inc. $ 29,530 $ (4,238) $ 21,239 $ (4,438)
Basic income (loss) per share from:        
Continuing operations $ 1.03 $ (0.18) $ 0.76 $ (0.28)
Discontinued operations (0.01) 0.02 (0.02) 0.11
Basic net income (loss) per share 1.02 (0.16) 0.74 (0.17)
Diluted income (loss) per share from:        
Continuing operations 0.74 (0.18) 0.56 (0.28)
Discontinued operations   0.02 (0.01) 0.11
Diluted net income (loss) per share $ 0.74 $ (0.16) $ 0.55 $ (0.17)
Weighted average shares of common stock outstanding basic 28,803 26,462 28,672 26,222
Weighted average shares of common stock outstanding diluted 40,586 26,462 40,455 26,222