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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues:        
Premiums earned $ 3,458,627 $ 2,407,523 $ 6,565,900 $ 4,695,972
Insurance commissions 594,540 494,244 1,070,666 1,191,444
Investment and other income 632,468 89,505 1,022,725 181,708
Total Revenues 24,216,394 20,895,016 47,032,179 37,187,963
Costs and Expenses:        
Cost of insurance revenues (exclusive of depreciation and amortization) 1,746,378 1,000,794 3,309,410 2,181,685
Employee costs 7,753,280 6,572,286 15,950,817 11,996,506
Professional fees 1,402,899 1,098,782 2,572,488 3,289,379
General and administrative 3,962,814 3,393,835 7,925,446 5,973,670
Amortization 1,830,883 1,723,773 3,632,910 2,916,966
Depreciation 3,013,176 2,012,916 5,720,493 3,752,987
Gain on disposition of assets 5,246 32,094 (40,149) (22,109)
Accretion 53,823 50,924 107,646 100,856
Total Costs and Expenses 25,859,298 21,611,998 51,651,875 40,354,681
Net Loss from Operations (1,642,904) (716,982) (4,619,696) (3,166,718)
Other Income (Expense):        
Interest and dividend income 561,090 73,087 842,956 118,411
Equity in income (loss) of unconsolidated affiliates 5,350,524 2,386,339 370,446 (1,288,964)
Other investment (loss) income (2,267,004) (16,933,563) 605,215 (14,318,240)
Gain recognized on deconsolidation of special purpose acquisition company 0 0 0 24,977,740
Remeasurement of warrant liability 0 0 0 1,837,211
Interest expense (287,035) (303,531) (575,717) (605,180)
Net Income (Loss) Before Income Taxes 1,714,671 (15,494,650) (3,376,796) 7,554,260
Income tax (provision) benefit (1,070,866) 4,238,736 580,749 (2,441,403)
Net Income (Loss) 643,805 (11,255,914) (2,796,047) 5,112,857
Noncontrolling interest in subsidiary loss (income) 897,807 (240,425) 1,016,505 (306,603)
Net Income (Loss) Attributable to Common Stockholders $ 1,541,612 $ (11,496,339) $ (1,779,542) $ 4,806,254
Basic Net Income (Loss) per Share (in dollars per share) $ 0.05 $ (0.39) $ (0.06) $ 0.16
Diluted Net Income (Loss) per Share (in dollars per share) $ 0.05 $ (0.39) $ (0.06) $ 0.16
Basic Weighted Average Class A and Class B Common Shares Outstanding (in shares) 31,225,719 29,698,361 30,876,835 29,698,361
Diluted Weighted Average Class A and Class B Common Shares Outstanding (in shares) 31,281,828 29,698,361 30,876,835 29,761,082
Billboard Rentals [Member]        
Revenues:        
Revenues $ 10,835,524 $ 9,825,164 $ 21,137,747 $ 18,963,313
Costs and Expenses:        
Cost of revenues (exclusive of depreciation and amortization) 3,808,624 3,655,782 7,616,288 7,183,154
Broadband Services [Member]        
Revenues:        
Revenues 8,695,235 8,078,580 17,235,141 12,155,526
Costs and Expenses:        
Cost of revenues (exclusive of depreciation and amortization) $ 2,282,175 $ 2,070,812 $ 4,856,526 $ 2,981,587