Note 2 - Investments (Tables)

9 Months Ended

Jan. 31, 2020

Notes Tables

Schedule of Available-for-sale Securities Reconciliation [Table Text Block]

			Gross Unrealized
($ in thousands)	Cost		Holding Gains		Fair Value
ETFs and equities	$	10,257	$	2,604	$	12,861

			Gross Unrealized
($ in thousands)	Cost		Holding Gains		Fair Value
ETFs - equities	$	8,541	$	2,081	$	10,622

	Amortized		Gross Unrealized
($ in thousands)	Historical Cost		Holding Gains		Fair Value
Maturity
Due within 1 year	$	11,622	$	104	$	11,726
Due 1 year through 5 years		1,250		8		1,258
Total investment in government debt securities	$	12,872	$	112	$	12,984

	Amortized		Gross Unrealized
($ in thousands)	Historical Cost		Holding Gains		Fair Value
Maturity
Due within 1 year	$	6,913	$	33	$	6,946
Due 1 year through 5 years		4,250		10		4,260
Total investment in government debt securities	$	11,163	$	43	$	11,206

Investment Income [Table Text Block]

	Three Months Ended January 31,				Nine Months Ended January 31,
($ in thousands)	2020		2019		2020		2019
Dividend income	$	95	$	71	$	247	$	200
Interest income		66		55		203		139
Other		6		14		1		38
Total income from securities transactions, net	$	167	$	140	$	451	$	377

Investment Holdings, Other than Securities [Table Text Block]

	Three Months Ended January 31,				Nine Months Ended January 31,
($ in thousands) (unaudited)	2020		2019		2020		2019
Investment management fees earned from the Value Line Funds, net of waivers shown below	$	5,921	$	3,987	$	16,531	$	12,277
12b-1 fees and other fees, net of waivers shown below	$	2,210	$	1,625	$	6,275	$	5,056
Other income	$	89	$	109	$	147	$	153
Investment management fee waivers and reimbursements	$	15	$	108	$	233	$	329
12b-1 fee waivers	$	178	$	149	$	517	$	483
Value Line’s non-voting revenues interest	$	3,033	$	1,997	$	8,389	$	6,060
EAM's net income (1)	$	844	$	426	$	1,990	$	1,610

Summary Investment Holdings [Table Text Block]

	January 31,			April 30,
($ in thousands)	2020			2019
	(unaudited)
EAM's total assets	$	62,371		$	60,683
EAM's total liabilities (1)		(5,293	)		(3,547	)
EAM's total equity	$	57,078		$	57,136