U S GLOBAL INVESTORS INC
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 7, 2024
GROW$2.58+3.0%Stored close · as of Nov 9, 2026
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CONSOLIDATED BALANCE SHEETS (UNAUDITED)
CONSOLIDATED BALANCE SHEETS
| September 30, 2024 | June 30, 2024 | |
|---|---|---|
| (dollars in thousands) · (unaudited) | ||
| Assets | ||
| Current Assets | ||
| Cash and cash equivalents | $27,336 | $27,399 |
| Restricted cash | 1,000 | 1,000 |
| Investments in trading securities at fair value, current | 9,713 | 9,644 |
| Accounts and other receivables (net of allowance for credit losses of $0, and $0, respectively) | 991 | 1,047 |
| Tax receivable | 742 | 729 |
| Prepaid expenses | 359 | 498 |
| Total Current Assets | 40,141 | 40,317 |
| Net Property and Equipment | 1,132 | 1,154 |
| Other Assets | ||
| Deferred tax asset | 1,804 | 1,833 |
| Investments in trading securities at fair value, non-current | 1,453 | 1,449 |
| Investments in available-for-sale debt securities at fair value (amortized cost: $5,717, and $6,204, respectively) (net of allowance for credit losses of $0, and $0, respectively) | 3,742 | 4,414 |
| Investments in held-to-maturity debt securities at amortized cost | 1,000 | 1,000 |
| Less: Allowance for credit losses | (109) | (132) |
| Investments in held-to-maturity debt securities, net of allowance for credit losses | 891 | 868 |
| Other investments | 1,687 | 1,687 |
| Financing lease, right of use assets | 32 | 38 |
| Other assets, non-current | 202 | 203 |
| Total Other Assets | 9,811 | 10,492 |
| Total Assets | $51,084 | $51,963 |
| Liabilities and Shareholders’ Equity | ||
| Current Liabilities | ||
| Accounts payable | $4 | $14 |
| Accrued compensation and related costs | 398 | 609 |
| Dividends payable | 309 | 313 |
| Financing lease liability, short-term | 33 | 31 |
| Other accrued expenses | 1,171 | 1,197 |
| Total Current Liabilities | 1,915 | 2,164 |
| Long-Term Liabilities | ||
| Reserve for uncertain tax positions | 802 | 785 |
| Financing lease liability, long-term | - | 8 |
| Total Long-Term Liabilities | 802 | 793 |
| Total Liabilities | 2,717 | 2,957 |
| Commitments and Contingencies (Note 13) | ||
| Shareholders’ Equity | ||
| Common stock (class A) - $0.025 par value; nonvoting; 28,000,000 shares authorized; 13,866,999 shares issued at September 30, 2024, and June 30, 2024; 11,562,261 and 11,753,483 shares outstanding at September 30, 2024, and June 30, 2024, respectively | 347 | 347 |
| Common stock (class B) - $0.025 par value; nonvoting; 4,500,000 shares authorized; no shares issued | - | - |
| Convertible common stock (class C) - $0.025 par value; voting; 3,500,000 shares authorized; 2,068,549 shares issued and outstanding at September 30, 2024, and June 30, 2024 | 52 | 52 |
| Additional paid-in-capital | 16,442 | 16,443 |
| Treasury stock, class A shares at cost; 2,304,738 and 2,113,516 shares at September 30, 2024, and June 30, 2024, respectively | (6,387) | (5,880) |
| Accumulated other comprehensive income, net of tax | 442 | 584 |
| Retained earnings | 37,471 | 37,460 |
| Total Shareholders’ Equity | 48,367 | 49,006 |
| Total Liabilities and Shareholders’ Equity | $51,084 | $51,963 |
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