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INVESTMENT IN MARKETABLE SECURITIES
 12 Months Ended
Jun. 30, 2025
Investments, Debt and Equity Securities [Abstract]  
INVESTMENT IN MARKETABLE SECURITIES

NOTE 5 - INVESTMENT IN MARKETABLE SECURITIES

 

The Company’s investment in marketable securities consists primarily of corporate equities. The Company has also invested in income producing securities, which may include interests in real estate-based companies and REITs, with the objective of providing financial benefit to its shareholders through income and/or capital gain.

 

As of June 30, 2025 and 2024, all of the Company’s marketable securities were classified as trading securities. The change in the unrealized gains and losses on these investments is included in earnings. Trading securities are summarized as follows:

 

Investment  Cost   Gross Unrealized Gain   Gross Unrealized Loss   Net Unrealized Gain   Fair
Value		 
                     
As of June 30, 2025                         
Corporate                         
Equities  $112,000   $15,000   $-   $15,000   $127,000 
                          
As of June 30, 2024                         
Corporate                         
Equities  $207,000   $38,000   $(36,000)  $2,000   $209,000 

 

As of June 30, 2025 and 2024, the Company had $15,000 and $2,000, respectively of unrealized gain related to securities held at those dates.

 

Net (loss) gain on marketable securities in the consolidated statements of operations is comprised of realized and unrealized gains and losses. Below is the breakdown of the two components for the years ended June 30, 2025 and 2024, respectively.

 

For the years ended June 30,  2025   2024 
Realized loss on marketable securities  $(10,000)  $(39,000)
Unrealized gain (loss) on marketable securities   13,000    (83,000)
Net gain (loss) on marketable securities  $3,000   $(122,000)

 

Gain and losses on marketable securities may continue to fluctuate significantly from period to period, and past results are not necessarily indicative of future performance. There have been no material changes to these balances or related accounting policies during the periods presented.