secwatch.observer — SEC 8-K summary
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Issuer:     U S GLOBAL INVESTORS INC (GROW)
CIK:        0000754811
Form:       8-K
Filed at:   2022-05-10T23:59:59+00:00
Accession:  0001185185-22-000586
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

U.S. Global Investors reports Q3 net loss $846k; revenue $6.2M, down 2.8% YoY
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- Operating income $2.5M ($0.17/share) with 41% margin; net loss $846k ($0.06 loss) due to $4.5M unrealized losses.
- Revenue $6.2M, down 2.8% YoY; average AUM $4.1B, up from $3.8B at Dec 31, 2021.
- Launched smart-beta ETF SEA; JETS now available on Ameriprise's $1.2T platform.
- Share buyback limit increased 81.8% to $5.0M; monthly dividend $0.0075/share through June.
- Cash and cash equivalents $26.8M, up 85.4% since June 2021; net working capital $31.8M, up 47.2%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/754811/000118518522000586/0001185185-22-000586-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/754811/000118518522000586/usglobal20220510_8k.htm
  HTML page:      https://secwatch.observer/filing/0001185185-22-000586

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer