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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Investments available for sale, at fair value:    
Restricted Cash $ 62,357 $ 18,070
Cash, Cash Equivalents, and Restricted Cash 222,290 171,832
Property, Plant and Equipment, Net 5,736 3,658
Deferred policy acquisition costs 40,282 21,149
Intangible Assets, Net (Excluding Goodwill) 5,908 8,548
Disposal Group, Including Discontinued Operation, Assets 73,243 77,143
Total Assets 1,216,112 1,062,378
Liabilities:    
Unpaid losses and loss adjustment expenses 322,087 347,738
Operating Lease, Liability 3,323 739
Disposal Group, Including Discontinued Operation, Liabilities 49,942 44,130
Total Liabilities 980,452 893,613
Commitments and contingencies (Note 13)
Stockholders' Equity:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding 0 0
Common stock, $0.0001 par value; 100,000,000 shares authorized; 48,417,045 and 46,989,089 issued, respectively; 48,204,962 and 46,777,006 outstanding, respectively 5 5
Additional Paid in Capital 436,524 423,717
Treasury shares, at cost; 212,083 shares (431) (431)
Accumulated other comprehensive income (15,666) (17,137)
Retained Earnings (Accumulated Deficit) (184,772) (237,389)
Total Stockholders' Equity 235,660 168,765
Total Liabilities and Stockholders' Equity 1,216,112 1,062,378
Continuing Operations    
Investments available for sale, at fair value:    
Fixed maturities, available-for-sale (amortized cost of $295,547 and $155,686, respectively) 281,001 138,387
Equity securities 36,794 0
Other investments (amortized cost of $22,969 and $16,118, respectively) 23,623 16,487
Total investments 341,418 154,874
Cash and cash equivalents 137,036 138,930
Restricted Cash 62,357 18,070
Cash, Cash Equivalents, and Restricted Cash 199,393 157,000
Accrued investment income 2,964 1,767
Property, Plant and Equipment, Net 5,736 3,658
Premiums receivable, net (credit allowance of $26 and $49, respectively) 46,564 45,924
Reinsurance Recoverable for Paid and Unpaid Claims and Claims Adjustments 263,419 340,820
Ceded unearned premiums 160,893 155,301
Goodwill 59,476 59,476
Deferred policy acquisition costs 40,282 21,149
Intangible Assets, Net (Excluding Goodwill) 5,908 8,548
Other Assets 16,816 36,718
Liabilities:    
Unpaid losses and loss adjustment expenses 322,087 347,738
Unearned premiums 285,354 276,157
Reinsurance Payable 83,130 0
Payments outstanding 699 706
Accounts Payable and Accrued Expenses 86,140 74,783
Operating Lease, Liability 3,323 739
Other Liabilities 757 672
Notes payable 149,020 148,688
Fixed Maturities    
Investments available for sale, at fair value:    
Fixed maturities, available-for-sale (amortized cost of $295,547 and $155,686, respectively) $ 281,001 $ 138,387