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Consolidated balance sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 34,390 $ 54,280
Restricted cash 3,547 3,693
Commissions and agency fees receivable, net 36,613 31,375
Receivable from franchisees, net 11,141 11,077
Prepaid expenses 7,552 8,139
Total current assets 93,243 108,564
Receivable from franchisees, net of current portion 2,936 3,469
Property and equipment, net of accumulated depreciation 21,549 24,101
Right-of-use asset 34,087 37,420
Intangible assets, net of accumulated amortization 39,700 25,075
Deferred income taxes, net 216,371 193,478
Other assets 6,978 5,546
Total assets 414,864 397,653
Current Liabilities:    
Accounts payable and accrued expenses 33,629 22,891
Premiums payable 3,547 3,693
Lease liability 8,666 6,535
Contract liabilities 3,241 3,275
Note payable 2,993 10,063
Liabilities under tax receivable agreement 6,237 0
Total current liabilities 58,313 46,457
Lease liability, net of current portion 51,168 54,536
Note payable, net of current portion 289,461 82,251
Contract liabilities, net of current portion 13,025 15,191
Liabilities under tax receivable agreement, net of current portion 165,685 160,142
Total liabilities 577,652 358,577
Commitments and contingencies (see notes 9, 15, and 17)
Additional paid-in capital 37,486 58,917
Accumulated deficit (133,356) (15,401)
Total stockholders' equity (95,504) 43,889
Noncontrolling interests (67,284) (4,813)
Total equity (162,788) 39,076
Total liabilities and equity 414,864 397,653
Class A Common Stock    
Current Liabilities:    
Common stock 247 247
Class B Common Stock    
Current Liabilities:    
Common stock $ 119 $ 126