XML 59 R48.htm IDEA: XBRL DOCUMENT v3.25.3

Note 20 - Segmented Information (Tables)

9 Months Ended

Sep. 30, 2025

Notes Tables

Reconciliation of Revenue from Segments to Consolidated [Table Text Block]

(in thousands)		Three months ended September 30,								Nine months ended September 30,
		2025				2024				2025				2024
Revenues:
Service fee and commission revenue - KSX		$	18,975			$	9,293			$	43,931			$	28,109
Service fee and commission revenue - Extended Warranty			18,198				17,843				52,510				51,633
Total revenues		$	37,173			$	27,136			$	96,441			$	79,742

Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]

		Three months ended September 30, 2025												Three months ended September 30, 2024
(in thousands)		KSX				Extended Warranty				Total				KSX				Extended Warranty				Total
Service fee and commission revenue		$	18,975			$	18,198			$	37,173			$	9,293			$	17,843			$	27,136
Less segment expenses:
Claims authorized on vehicle service agreements			—				6,638				6,638				—				6,323				6,323
Commissions			—				3,125				3,125				70				2,731				2,801
Cost of services sold			9,946				1,125				11,071				5,633				1,184				6,817
Salaries and benefits			3,188				4,062				7,250				1,395				3,595				4,990
Insurance expense			254				599				853				41				546				587
Professional fees			630				294				924				221				190				411
IT expense			391				316				707				205				300				505
Other segment items (a)			2,381				1,638				4,019				584				1,270				1,854
Total segment operating income		$	2,185			$	401			$	2,586			$	1,144			$	1,704			$	2,848
Net investment income											431												403
Net realized (losses) gains											(5	)											958
Gain on change in fair value of limited liability investment, at fair value											111												95
Interest expense											(1,505	)											(1,173	)
General and administrative expenses and other revenue not allocated to segments, net (b)											(3,329	)											(3,290	)
Amortization of intangible assets											(2,362	)											(1,437	)
Impairment of intangible assets											(249	)											(640	)
(Loss) gain on change in fair value of debt											(18	)											81
Loss on extinguishment of debt											(121	)											—
Loss from continuing operations before income tax (benefit) expense											(4,461	)											(2,155	)
Income tax (benefit) expense											(2,050	)											21
Loss from continuing operations										$	(2,411	)										$	(2,176	)

(in thousands)		Nine Months Ended September 30, 2025												Nine Months Ended September 30, 2024
		KSX				Extended Warranty				Total				KSX				Extended Warranty				Total
Service fee and commission revenue		$	43,931			$	52,510			$	96,441			$	28,109			$	51,633			$	79,742
Less segment expenses:
Claims authorized on vehicle service agreements			—				19,353				19,353				—				18,793				18,793
Commissions			(93	)			8,779				8,686				71				8,115				8,186
Cost of services sold			23,990				3,043				27,033				16,596				2,691				19,287
Salaries and benefits			7,095				12,371				19,466				4,410				11,053				15,463
Insurance expense			488				1,738				2,226				212				1,702				1,914
Professional fees			1,314				1,000				2,314				731				676				1,407
IT expense			1,147				963				2,110				514				871				1,385
Other segment items (a)			4,013				4,410				8,423				1,647				3,708				5,355
Total segment operating income		$	5,977			$	853			$	6,830			$	3,928			$	4,024			$	7,952
Net investment income											1,221												1,037
Net realized gains											52												1,359
Net loss on equity investments											—												(3	)
Gain on change in fair value of limited liability investment, at fair value											289												173
Interest expense											(4,000	)											(3,480	)
General and administrative expenses and other revenue not allocated to segments, net (b)											(9,048	)											(7,116	)
Amortization of intangible assets											(5,754	)											(4,308	)
Impairment of intangible assets											(468	)											(1,841	)
Gain on change in fair value of debt											1												(48	)
Loss on extinguishment of debt											(236	)											(160	)
Loss from continuing operations before income tax (benefit) expense											(11,113	)											(6,435	)
Income tax (benefit) expense											(2,445	)											209
Loss from continuing operations											(8,668	)											(6,644	)

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_TableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration