XML 24 R4.htm IDEA: XBRL DOCUMENT v3.24.1
Consolidated Statements of Operations - USD ($)
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenues:    
Premiums earned $ 13,932,659 $ 10,649,089
Insurance commissions 1,884,007 2,050,838
Investment and other income 2,156,199 662,270
Total Revenues 96,253,736 81,234,194
Costs and Expenses:    
Cost of insurance revenues (exclusive of depreciation and amortization) 6,808,167 4,755,583
Employee costs 32,561,929 26,343,272
Professional fees 4,665,515 5,300,275
General and administrative 16,112,243 12,861,992
Amortization 7,409,939 6,474,791
Depreciation 12,155,096 8,649,066
Loss (gain) on disposition of assets 84,414 (61,377)
Accretion 216,501 206,359
Total Costs and Expenses 105,106,139 86,464,089
Net Loss from Operations (8,852,403) (5,229,895)
Other Income (Expense):    
Interest and dividend income 2,609,148 434,941
Equity in income (loss) of unconsolidated affiliates (7,888,765) 2,697,420
Other investment income (loss) 6,132,791 (15,635,690)
Gain recognized on deconsolidation of special purpose acquisition company 0 24,977,740
Remeasurement of warrant liability 0 1,837,211
Interest expense (1,147,234) (1,207,544)
Net (Loss) Income Before Income Taxes (9,146,463) 7,874,183
Income tax benefit 2,978,738 2,504,933
Net (Loss) Income (6,167,725) 10,379,116
Noncontrolling interest in subsidiary income (836,284) (145,716)
Net (Loss) Income Attributable to Common Stockholders $ (7,004,009) $ 10,233,400
Basic Net (Loss) Income per Share (in dollars per share) $ (0.23) $ 0.34
Diluted Net (Loss) Income per Share (in dollars per share) $ (0.23) $ 0.34
Basic Weighted Average Class A and Class B Common Shares Outstanding (in shares) 31,092,850 29,698,732
Diluted Weighted Average Class A and Class B Common Shares Outstanding (in shares) 31,092,850 29,766,247
Billboard Rentals [Member]    
Revenues:    
Revenues $ 42,940,369 $ 39,244,726
Costs and Expenses:    
Cost of revenues (exclusive of depreciation and amortization) 15,136,817 14,395,627
Broadband Services [Member]    
Revenues:    
Revenues 35,340,502 28,627,271
Costs and Expenses:    
Cost of revenues (exclusive of depreciation and amortization) $ 9,955,518 $ 7,538,501