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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:        
Premiums earned $ 3,727,219 $ 2,860,451 $ 10,293,119 $ 7,556,423
Insurance commissions 378,987 383,830 1,449,653 1,575,274
Investment and other income 554,238 157,484 1,576,963 339,192
Total Revenues 24,548,101 21,447,546 71,580,280 58,635,509
Costs and Expenses:        
Cost of insurance revenues (exclusive of depreciation and amortization) 1,822,550 1,830,792 5,131,960 4,012,477
Employee costs 8,080,596 6,750,906 24,031,413 18,747,412
Professional fees 1,249,036 1,120,078 3,821,524 4,409,457
General and administrative 4,198,682 3,543,482 12,124,128 9,517,152
Amortization 1,877,884 1,757,654 5,510,794 4,674,620
Depreciation 3,105,126 2,412,597 8,825,619 6,165,584
(Gain) loss on disposition of assets (68,366) 70,309 (108,515) 48,200
Accretion 53,855 51,680 161,501 152,536
Total Costs and Expenses 26,490,830 23,242,743 78,142,705 63,597,424
Net Loss from Operations (1,942,729) (1,795,197) (6,562,425) (4,961,915)
Other Income (Expense):        
Interest and dividend income 1,077,987 149,324 1,920,943 267,735
Equity in income (loss) of unconsolidated affiliates (125,970) 436,157 244,476 (852,807)
Other investment (loss) income (1,894,969) (459,745) (1,289,754) (14,777,985)
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 (287,084) (304,594) (862,801) (909,774)
Net (Loss) Income Before Income Taxes (3,172,765) (1,974,055) (6,549,561) 5,580,205
Income tax benefit (provision) 717,596 673,924 1,298,345 (1,767,479)
Net (Loss) Income (2,455,169) (1,300,131) (5,251,216) 3,812,726
Noncontrolling interest in subsidiary loss (income) 812,663 (108,390) 1,829,168 (414,993)
Net (Loss) Income Attributable to Common Stockholders $ (1,642,506) $ (1,408,521) $ (3,422,048) $ 3,397,733
Basic Net (Loss) Income per Share (in dollars per share) $ (0.05) $ (0.05) $ (0.11) $ 0.11
Diluted Net (Loss) Income per Share (in dollars per share) $ (0.05) $ (0.05) $ (0.11) $ 0.11
Basic Weighted Average Class A and Class B Common Shares Outstanding (in shares) 31,370,760 29,698,361 31,021,126 29,698,361
Diluted Weighted Average Class A and Class B Common Shares Outstanding (in shares) 31,370,760 29,698,361 31,021,126 29,763,333
Billboard Rentals [Member]        
Revenues:        
Revenues $ 10,891,979 $ 9,942,846 $ 32,029,726 $ 28,906,159
Costs and Expenses:        
Cost of revenues (exclusive of depreciation and amortization) 3,810,639 3,503,615 11,426,927 10,686,769
Broadband Services [Member]        
Revenues:        
Revenues 8,995,678 8,102,935 26,230,819 20,258,461
Costs and Expenses:        
Cost of revenues (exclusive of depreciation and amortization) $ 2,360,828 $ 2,201,630 $ 7,217,354 $ 5,183,217