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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Investments, at fair value:    
Fixed maturities $ 278,373 $ 138,387
Equity Securities, FV-NI 25,950 0
Other investments 26,392 16,487
Total investments 330,715 154,874
Cash and Cash Equivalents 183,147 138,930
Restricted Cash 57,251 18,070
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 240,398 157,000
Accrued Investment Income 3,359 1,767
Property and equipment, net 7,300 3,658
Premiums receivable, net 18,630 45,924
Reinsurance Recoverable for Paid and Unpaid Claims and Claims Adjustments 147,065 340,820
Ceded uneared premiums 199,426 155,301
Goodwill 59,476 59,476
Deferred policy acquisition costs 43,166 21,149
Intangible Assets, Net (Excluding Goodwill) 6,518 8,548
Other assets, net 13,284 36,718
Total Assets 1,143,874 1,062,378
Liabilities    
Unpaid losses and loss adjustment expenses 173,322 347,738
Unearned Premiums 307,325 276,157
Reinsurance Payable 122,597 0
Payments outstanding 4,479 706
Accounts Payable 75,525 74,783
Operating Lease, Liability 23 739
Other Liabilities 2,960 672
Notes Payable 148,937 148,688
Total Liabilities 884,292 893,613
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 437,241 423,717
Treasury shares, at cost; 212,083 shares (431) (431)
Accumulated Other Comprehensive Income (Loss), Net of Tax (11,617) (17,137)
Retained Earnings (165,616) (237,389)
Total Stockholders' Equity 259,582 168,765
Total Liabilities and Stockholders' Equity 1,143,874 1,062,378
Disposal Group, Including Discontinued Operation, Assets 74,537 77,143
Disposal Group, Including Discontinued Operation, Liabilities $ 49,124 $ 44,130