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STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Operating activities:    
Net income $ 67,773 $ 49,871
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 1,936 1,587
Amortization of deferred revenue (1,383) 814
Amortization of Treasury Note Discount (25)  
Amortization of lines of credit cost 74  
Provision for accounts and notes receivable (109) 971
Provision for long term inventory (83) (188)
Gain from sale of leased property (753) (98)
Amortization of operating lease right of use asset 62  
Deferred income taxes 61 1,033
Share based payment expense 4,936 230
Changes in operating assets and liabilities:    
Accounts receivable 309 (5,325)
Consumer loans activity, net (13,346) (15,525)
Notes receivable MHP activity, net (39,423) 32,727
Dealer inventory loan activity, net (26,553)  
Inventories 5,699 (7,840)
Prepaid expenses and other current assets 485 (1,221)
Other assets (1,449) (1,739)
Accounts payable and accrued liabilities (3,397) (1,453)
Right of use activity, net 46  
Customer deposits 1,966 4,737
Escrow liability 303 1,621
Dealer incentive liability 1,180 94
Net cash (used in) provided by operating activities (1,691) 60,296
Investing activities:    
Purchases of property, plant and equipment (3,800) (5,952)
Purchase of investments - treasury notes (8,386)  
Proceeds from sale of leased property 1,684  
Issuance of notes receivable (4,394) (36,806)
Notes receivable collections 23,495 9,026
Collections from purchased loans 482 1,790
Net cash provided by (used in) investing activities 9,081 (31,942)
Financing activities:    
Proceeds from exercise of stock options   100
Proceeds from lines of credit 100,589 96,088
Payments on lines of credit (106,203) (124,268)
Net cash used in financing activities (5,614) (28,080)
Net increase in cash and cash equivalents 1,776 274
Cash and cash equivalents at beginning of year 1,042 768
Cash and cash equivalents at end of year 2,818 1,042
Supplemental disclosure of cash flow information:    
Cash paid for interest 251 873
Cash paid for taxes $ 10,314 $ 8,195