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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Premiums earned $ 4,737,056 $ 3,458,627 $ 8,740,115 $ 6,565,900
Insurance commissions 527,055 594,540 1,029,743 1,070,666
Investment and other income 598,221 632,468 1,265,116 1,022,725
Total Revenues 27,087,783 24,216,394 52,640,514 47,032,179
Costs and Expenses:        
Cost of insurance revenues (exclusive of depreciation and amortization) 2,255,664 1,746,378 4,162,585 3,309,410
Employee costs 11,820,937 7,753,280 20,452,848 15,950,817
Professional fees 1,719,922 1,402,899 2,857,070 2,572,488
General and administrative 4,003,081 3,962,814 8,061,486 7,925,446
Amortization 1,884,074 1,830,883 3,770,828 3,632,910
Depreciation 3,572,066 3,013,176 7,023,439 5,720,493
Loss (gain) on disposition of assets (183,738) 5,246 13,345 (40,149)
Accretion 56,134 53,823 108,805 107,646
Total Costs and Expenses 31,484,398 25,859,298 59,095,410 51,651,875
Net Loss from Operations (4,396,615) (1,642,904) (6,454,896) (4,619,696)
Other Income (Expense):        
Interest and dividend income 313,775 561,090 853,015 842,956
Equity in income (loss) of unconsolidated affiliates 2,957,387 5,350,524 (7,214,228) 370,446
Other investment income (545,385) (2,267,004) 7,243,060 605,215
Interest expense (368,370) (287,035) (650,403) (575,717)
Net (Loss) Income Before Income Taxes (2,039,208) 1,714,671 (6,223,452) (3,376,796)
Income tax benefit (expense) 22,046 (1,070,866) 959,239 580,749
Net (Loss) income (2,017,162) 643,805 (5,264,213) (2,796,047)
Noncontrolling interest in subsidiary (income) loss (218,057) 897,807 220,913 1,016,505
Net (Loss) Income Attributable to Common Stockholders $ (2,235,219) $ 1,541,612 $ (5,043,300) $ (1,779,542)
Basic Net (Loss) Income per Share (in dollars per share) $ (0.07) $ 0.05 $ (0.16) $ (0.06)
Diluted Net (Loss) Income per Share (in dollars per share) $ (0.07) $ 0.05 $ (0.16) $ (0.06)
Basic Weighted Average Class A and Class B Common Shares Outstanding (in shares) 31,853,692 31,225,719 31,594,198 30,876,835
Diluted Weighted Average Class A and Class B Common Shares Outstanding (in shares) 31,853,692 31,281,828 31,594,198 30,876,835
Billboard Rentals [Member]        
Revenues:        
Revenues $ 11,437,468 $ 10,835,524 $ 22,134,128 $ 21,137,747
Costs and Expenses:        
Cost of revenues (exclusive of depreciation and amortization) 3,880,807 3,808,624 7,671,441 7,616,288
Broadband Services [Member]        
Revenues:        
Revenues 9,787,983 8,695,235 19,471,412 17,235,141
Costs and Expenses:        
Cost of revenues (exclusive of depreciation and amortization) $ 2,475,451 $ 2,282,175 $ 4,973,563 $ 4,856,526