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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows provided by operating activities:    
Net income $ 13,029 $ 550
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 496 182
Share-based compensation 411 231
Provision for credit losses on advances 849 1,605
Deferred taxes (6,681)  
Non-cash accretion of interest income (3,709) (1,679)
Payment-in-kind interest income (970) (864)
Realized gain on investments, net (2,252) (467)
Unrealized loss on investments, net 785 1,785
Change in fair value of contingent consideration (3,090) 730
Goodwill and long-lived asset impairment 1,395 0
Other non-cash adjustments 20 0
(Increase) decrease in assets:    
Prepaid expenses and other current assets 416 182
Other long-term assets 123 13
(Decrease) increase in liabilities:    
Accounts payable and accrued expenses 2,902 (690)
Pension and other long-term liabilities (134) 204
Net cash provided by operating activities 3,590 1,782
Cash flows provided by (used in) investing activities:    
Additions to land investment (303) (3,265)
Additions to property and equipment (23) (7)
Origination and fundings of mortgage and commercial loans receivable (2,825) (8,333)
Collections of mortgage and commercial loans receivable 4,154 5,793
Fundings of cash advances receivable (27,496) (22,869)
Collections of cash advances receivable 25,179 11,818
Acquisition of LuxeMark Capital, LLC 0 (1,212)
Proceeds from sale or maturity of securities 17,348 12,020
Purchases of securities (12,009) (22,231)
Proceeds from sale of Content Delivery business, net of cash transferred   1,450
Net cash provided by (used in) investing activities 4,025 (26,836)
Cash flows (used in) provided by financing activities:    
Repayment of debt financing (1,600)  
Proceeds from debt financing 0 1,600
Member distributions (300)  
Purchase of common stock for retirement (68) (1,437)
Dividends paid (4,411) (1)
Net cash (used in) provided by financing activities (6,379) 162
Effect of exchange rates on cash and cash equivalents 17 (17)
Increase (decrease) in cash and cash equivalents 1,253 (24,909)
Cash and cash equivalents - beginning of year 8,083 32,992
Cash and cash equivalents - end of year 9,336 8,083
Cash paid (received) during the year for:    
Interest 53 4
Income taxes, net of refunds (7) 112
Supplemental disclosures of non-cash activities:    
Right-of-use assets obtained in exchange for operating lease liabilities $ 391 $ 549