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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Investments, at fair value:    
Fixed maturities (amortized cost of $281,782 and $155,686 $ 264,446 $ 138,387
Equity Securities, FV-NI 15,429 0
Other investments (amortized cost of $31,192 and $16,118 31,116 16,487
Total investments 310,991 154,874
Cash and Cash Equivalents 229,431 138,930
Restricted Cash 32,158 18,070
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 261,589 157,000
Accrued Investment Income 4,722 1,767
Property and equipment, net 9,096 3,658
Premiums receivable, net 52,873 45,924
Reinsurance Recoverable for Paid and Unpaid Claims and Claims Adjustments 206,436 340,820
Ceded uneared premiums 260,852 155,301
Goodwill 59,476 59,476
Deferred policy acquisition costs 51,423 21,149
Intangible Assets, Net (Excluding Goodwill) 7,127 8,548
Other assets, net 12,995 36,718
Total Assets 1,311,285 1,062,378
Liabilities    
Unpaid losses and loss adjustment expenses 211,433 347,738
Unearned Premiums 374,487 276,157
Reinsurance Payable 226,508 0
Payments outstanding 580 706
Accounts Payable 75,530 74,783
Operating Lease, Liability 67 739
Other Liabilities 713 672
Notes Payable 148,854 148,688
Total Liabilities 1,088,212 893,613
Commitments and Contingencies
Stockholders' Equity    
Preferred Stock, $0.0001 par value; 1,000,000 shares authorized 0 0
Common Stock, $0.0001 par value; 100,000,000 shares authorized 5 5
Additional Paid in Capital 436,383 423,717
Treasury shares, at cost; 212,083 shares (431) (431)
Accumulated Other Comprehensive Income (Loss), Net of Tax (19,149) (17,137)
Retained Earnings (193,735) (237,389)
Total Stockholders' Equity 223,073 168,765
Total Liabilities and Stockholders' Equity 1,311,285 1,062,378
Disposal Group, Including Discontinued Operation, Assets 73,705 77,143
Disposal Group, Including Discontinued Operation, Liabilities $ 50,040 $ 44,130