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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Service fee and commission revenue $ 26,446 $ 26,197 $ 52,606 $ 52,586
Total revenues 26,446 26,197 52,606 52,586
Operating expenses:        
Claims authorized on vehicle service agreements 6,349 6,219 12,470 11,629
Commissions 2,777 2,567 5,385 5,087
Cost of services sold 6,161 7,148 12,470 14,895
General and administrative expenses 11,033 9,870 21,388 19,694
Total operating expenses 26,320 25,804 51,713 51,305
Operating income 126 393 893 1,281
Other revenues (expenses), net:        
Net investment income 308 330 634 1,068
Net realized gains 277 123 401 333
Net (loss) gain on equity investments 0 1,707 (3) 2,782
Gain (loss) on change in fair value of limited liability investments, at fair value 86 4 78 (126)
Impairment losses 0 (95) 0 (95)
Loss on change in fair value of derivative asset option contracts 0 0 0 (1,366)
Non-operating other revenue (expense) 472 (1,191) 385 (1,710)
Interest expense (1,162) (1,086) (2,307) (4,058)
Amortization of intangible assets (1,457) (1,410) (2,871) (2,828)
Impairment of intangible assets (690) 0 (1,201) 0
Loss on change in fair value of debt (49) (339) (129) (30)
(Loss) gain on extinguishment of debt (160) 0 (160) 31,616
Total other (expenses) revenue, net (2,375) (1,957) (5,173) 25,586
(Loss) income from continuing operations before income tax expense (2,249) (1,564) (4,280) 26,867
Income tax expense 104 213 188 912
(Loss) income from continuing operations (2,353) (1,777) (4,468) 25,955
Income from discontinued operations, net of taxes 167 110 358 217
Loss on disposal of discontinued operations, net of taxes 0 0 (404) 0
Net (loss) income (2,186) (1,667) (4,514) 26,172
Less: Net income (loss) from continuing operations attributable to noncontrolling interests in consolidated subsidiaries 177 (227) 334 (230)
Less: Dividends on preferred stock 0 5 0 74
Net (loss) income attributable to common shareholders (2,363) (1,445) (4,848) 26,328
Net (loss) income from continuing operations attributable to common shareholders (2,530) (1,555) (4,802) 26,111
Net income (loss) from discontinued operations attributable to common shareholders $ 167 $ 110 $ (46) $ 217
Basic (loss) earnings per share attributable to common shareholders:        
Continuing operations (in dollars per share) $ (0.09) $ (0.06) $ (0.18) $ 1.06
Discontinued operations (in dollars per share) 0.01 0 0 0.01
Basic (loss) earnings per share - net (loss) income attributable to common shareholders (in dollars per share) (0.08) (0.06) (0.18) 1.07
Diluted (loss) earnings per share attributable to common shareholders:        
Continuing operations (in dollars per share) (0.09) (0.06) (0.18) 0.97
Discontinued operations (in dollars per share) 0.01 0 0 0.01
Diluted (loss) earnings per share - net (loss) income attributable to common shareholders (in dollars per share) $ (0.08) $ (0.06) $ (0.18) $ 0.98
Basic: (in shares) 27,309 25,295 27,223 24,681
Diluted: (in shares) 27,309 25,295 27,223 26,850