INVESTMENT IN MARKETABLE SECURITIES (Tables)

12 Months Ended

Jun. 30, 2022

Investments, Debt and Equity Securities [Abstract]

SCHEDULE OF CHANGES IN UNREALIZED GAINS AND LOSSES ON INVESTMENTS

As of June 30, 2022 and 2021, all of the Company’s marketable securities are classified as trading securities. The change in the unrealized gains and losses on these investments are included in earnings. Trading securities are summarized as follows:

						Gross				Gross				Net
Investment		Cost				Unrealized Gain				Unrealized Loss				Unrealized Loss				Fair Value

As of June 30, 2022
Corporate
Equities		$	643,000			$	42,000			$	(144,000	)		$	(102,000	)		$	541,000

As of June 30, 2021
Corporate
Equities		$	4,987,000			$	438,000			$	(1,889,000	)		$	(1,451,000	)		$	3,536,000

SCHEDULE OF NET (LOSS) GAIN ON MARKETABLE SECURITIES

Net (loss) gain on marketable securities on the statement of operations is comprised of realized and unrealized losses. Below is the breakdown of the two components for the years ended June 30, 2022 and 2021, respectively.

For the year ended June 30,		2022				2021
Realized (loss) gain on marketable securities		$	(433,000	)		$	32,000
Realized loss on marketable securities related to Comstock			(2,056,000	)			(572,000	)
Unrealized gain on marketable securities			1,348,000				336,000
Unrealized gain on marketable securities related to Comstock			-				1,603,000
Net (loss) gain on marketable securities		$	(1,141,000	)		$	1,399,000