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Condensed Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Condensed Statements of Income        
Revenues $ 13,512 $ 16,316 $ 43,881 $ 53,127
Operating expenses:        
Cost of revenues 1,156 1,111 3,657 3,599
Engineering and product development 1,186 1,174 3,764 4,566
Sales and marketing 2,976 3,423 10,107 13,601
General and administrative 3,129 3,710 8,962 11,028
Strategic streamlining   599   599
Total operating expenses 8,447 10,017 26,490 33,393
Income from operations 5,065 6,299 17,391 19,734
Interest and dividend income 168 692 1,699 1,772
Change in fair value of notes held for investment     128 (217)
Change in fair value of digital assets 1,137   (3,918)  
Other income (expense) 5 (3) 8 (3)
Other income (expense), net 1,310 689 (2,083) 1,552
Pre-tax income 6,375 6,988 15,308 21,286
Income tax provision 766 1,474 3,615 4,924
Net income $ 5,609 $ 5,514 $ 11,693 $ 16,362
Net income per share, basic $ 0.80 $ 0.82 $ 1.68 $ 2.44
Weighted average number of shares used in computing basic net income per share 7,045,108 6,717,301 6,961,095 6,708,675
Net income per share, diluted $ 0.72 $ 0.71 $ 1.50 $ 2.09
Weighted average number of shares used in computing diluted net income per share 7,771,088 7,818,236 7,783,350 7,847,390