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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Investments:    
Fixed maturities, at fair value (amortized cost of $38,107 and $40,127, respectively) $ 36,473 $ 37,591
Equity investments, at fair value (cost of $73 and $187, respectively) 79 153
Limited liability investments, at fair value 0 13,863
Investments in private companies, at adjusted cost 854 790
Other investments, at cost which approximates fair value (net of allowance of $179 and zero, respectively) 6 201
Short-term investments, at cost which approximates fair value 161 157
Total investments 41,881 56,934
Cash and cash equivalents 9,098 64,168
Restricted cash 8,400 13,064
Accrued investment income 914 1,195
Other receivables, net of allowance of $5 and $8, respectively 726 3,720
Deferred contract costs 13,734 13,257
Income taxes receivable 1,299 0
Property and equipment, net of accumulated depreciation of $1,158 and $1,041, respectively 1,850 773
Right-of-use asset 886 911
Goodwill 50,358 45,498
Intangible assets, net of accumulated amortization of $28,137 and $22,228, respectively 35,670 33,099
Other assets 5,066 23,249
Assets held for sale 17,752 19,478
Total Assets 197,717 285,650
Liabilities:    
Accrued expenses and other liabilities 22,342 55,801
Income taxes payable 0 945
Deferred service fees 83,995 82,713
Bank loans 30,822 34,281
Subordinated debt, at fair value 13,594 67,811
Lease liability 1,198 1,217
Net deferred income tax liabilities 5,041 4,176
Liabilities held for sale 16,114 16,585
Total Liabilities 173,106 263,529
Shareholders' Equity:    
Common stock, no par value; 50,000,000 authorized; 27,771,790 and 23,437,530 issued at December 31, 2023 and December 31, 2022, respectively; and 27,101,613 and 23,190,080 outstanding at December 31, 2023 and December 31, 2022, respectively 0 0
Additional paid-in capital 379,813 359,985
Treasury stock, at cost; 670,177 and 247,450 outstanding at December 31, 2023 and December 31, 2022, respectively (3,696) (492)
Accumulated deficit (346,868) (370,427)
Accumulated other comprehensive (loss) income (1,540) 26,605
Shareholders' equity attributable to common shareholders 27,709 15,671
Noncontrolling interests in consolidated subsidiaries (3,098) 437
Total Shareholders' Equity 24,611 16,108
Total Liabilities, Class A preferred stock and Shareholders' Equity 197,717 285,650
Redeemable Class A Preferred Stock [Member]    
Liabilities:    
Redeemable Class A preferred stock, no par value; 1,000,000 authorized; zero and 149,733 issued and outstanding at December 31, 2023 and December 31, 2022, respectively; redemption amount of zero and $6,013 at December 31, 2023 and December 31, 2022, respectively 0 6,013
Service Fees [Member]    
Investments:    
Service fee receivable, net of allowance for credit losses of $243 and $147, respectively 10,083 10,304
Liabilities:    
Deferred service fees 83,995 82,713
Limited Liability Investments [Member]    
Investments:    
Limited liability investments 812 983
Limited liability investments, at fair value $ 3,496 $ 17,059