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INVESTMENT IN MARKETABLE SECURITIES
 12 Months Ended
Jun. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
INVESTMENT IN MARKETABLE SECURITIES

NOTE 6 - INVESTMENT IN MARKETABLE SECURITIES

 

As of June 30, 2026 and 2025, the Company’s marketable securities consisted of corporate equity securities. The Company may from time to time also invest in marketable debt securities and other income-producing securities.

 

Marketable equity securities are accounted for under ASC 321 and measured at fair value with changes in fair value recognized in earnings. Marketable debt securities, if held, are classified as trading securities under ASC 320 and measured at fair value with changes in fair value recognized in earnings. The following table summarizes cost and fair value information for marketable securities:

 

       Gross   Gross   Net     
Investment  Cost  

Unrealized

Gain

  

Unrealized

Loss

  

Unrealized

Gain

  

Fair

Value

 
As of June 30, 2026                         
Corporate Equities  $3,419,000   $1,018,000   $(43,000)  $975,000   $4,394,000 
                          
As of June 30, 2025                         
Corporate Equities  $790,000   $180,000   $(1,000)  $179,000   $969,000 

 

Net gain (loss) on marketable securities in the consolidated statements of operations comprises realized and unrealized components, as follows:

 

  

For the year ended June 30,  2026   2025 
Realized gain (loss) on marketable securities  $167,000   $(329,000)
Unrealized gain (loss) on marketable securities   786,000    (1,018,000)
Net gain (loss) on marketable securities  $953,000   $(1,347,000)

 

 

As of June 30, 2026, two individual equity securities collectively represented approximately 43% of the fair value of the Company’s marketable equity securities portfolio.