INVESTMENT IN MARKETABLE SECURITIES (Tables)

9 Months Ended

Mar. 31, 2024

Investments, Debt and Equity Securities [Abstract]

SCHEDULE OF TRADING SECURITIES

At March 31, 2024 and June 30, 2023, all of the Company’s marketable securities are classified as trading securities. The change in the unrealized gains and losses on these investments, along with the changes in amounts due to broker are included in earnings. Trading securities are summarized as follows:

Investment	Cost		Gross Unrealized Gain		Gross Unrealized Loss			Net Unrealized Gain		Fair Value
As of March 31, 2024
Corporate
Equities	$	12,966,000	$	2,364,000	$	(646,000	)	$	1,718,000	$	14,684,000
As of June 30, 2023
Corporate
Equities	$	15,419,000	$	3,713,000	$	(787,000	)	$	2,926,000	$	18,345,000

SCHEDULE OF NET GAINS (LOSSES) ON MARKETABLE SECURITIES COMPRISING OF REALIZED AND UNREALIZED GAINS (LOSSES)

Net gains (losses) on marketable securities on the statement of operations is comprised of realized and unrealized gains (losses). Below is the composition of net gains (losses) on marketable securities for the three and nine months ended March 31, 2024 and 2023, respectively:

For the three months ended March 31,	2024			2023
Realized gain on marketable securities, net	$	9,000		$	363,000
Unrealized (loss) gain on marketable securities, net		(820,000	)		503,000
Net (loss) gain on marketable securities	$	(811,000	)	$	866,000

For the nine months ended March 31,	2024			2023
Realized gain (loss) on marketable securities, net	$	1,374,000		$	(1,019,000	)
Unrealized (loss) gain on marketable securities, net		(1,210,000	)		2,459,000
Net gain on marketable securities	$	164,000		$	1,440,000