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Summary of Significant Accounting Policies (Tables) | 3 Months Ended
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Mar. 31, 2024
Accounting Policies [Abstract] |
Schedule of other income |
Schedule of other income |  |  |  |  |  |  |  |
|  | Three Months Ended |
|  | March 31, |
|  | 2024 |  |  | 2023 |
|  | (In thousands) |
Origination and servicing fees from third party receivables |  | $ | 2,144 |  |  | $ | 2,738 |
Sales tax refunds |  |  | 289 |  |  |  | 260 |
Other |  |  | 23 |  |  |  | 40 |
Other income for the period |  | $ | 2,456 |  |  | $ | 3,038 |
Schedule of supplemental balance sheet information related to leases |
Schedule of supplemental balance sheet information related to leases |  |  |  |  |  |  |  |
|  | March 31, |  |  | December 31, |
|  | 2024 |  |  | 2023 |
|  | (In thousands) |
Operating Leases |  |  |  |  |  |  |  |
Operating lease right-of-use assets |  | $ | 51,093 |  |  | $ | 29,575 |
Less: Accumulated amortization right-of-use assets |  |  | (27,902 | ) |  |  | (26,651 | )
Operating lease right-of-use assets, net |  | $ | 23,191 |  |  | $ | 2,924 |
Operating lease liabilities |  | $ | (23,702 | ) |  | $ | (3,220 | )
Finance Leases |  |  |  |  |  |  |  |
Property and equipment, at cost |  |  | 3,474 |  |  |  | 3,474 |
Less: Accumulated depreciation |  |  | (3,398 | ) |  |  | (3,385 | )
Property and equipment, net |  | $ | 76 |  |  | $ | 89 |
Finance lease liabilities |  | $ | (80 | ) |  | $ | (93 | )
Weighted Average Discount Rate |  |  |  |  |  |  |  |
Operating lease |  |  | 5.0% |  |  |  | 5.0% |
Finance lease |  |  | 6.5% |  |  |  | 6.5% |
Schedule of maturities of lease liabilities |
Schedule of maturities of lease liabilities |  |  |  |  |  |  |  |
Maturities of lease liabilities were as follows: |  | $ |  |  |  |
(In thousands) |  | Operating |  |  | Finance |
Year Ending December 31, |  | Lease |  |  | Lease |
2024 (excluding the three months ended March 31, 2024) |  | $ | 2,422 |  |  | $ | 27 |
2025 |  |  | 5,233 |  |  |  | 45 |
2026 |  |  | 5,084 |  |  |  | 15 |
2027 |  |  | 5,242 |  |  |  | 15 |
2028 |  |  | 5,408 |  |  |  | 4 |
Thereafter |  |  | 4,747 |  |  |  | – |
Total undiscounted lease payments |  |  | 28,136 |  |  |  | 106 |
Less amounts representing interest |  |  | (4,434 | ) |  |  | (26 | )
Lease Liability |  | $ | 23,702 |  |  | $ | 80 |
Schedule of lease expense |
Schedule of lease expense |  |  |  |  |  |  |  |
|  | Three Months Ended |
|  | March 31, |
|  | 2024 |  |  | 2023 |
|  |  | (In thousands) |
Operating lease cost |  | $ | 1,374 |  |  | $ | 1,360 |
Finance lease cost |  |  | 14 |  |  |  | 101 |
Total lease cost |  | $ | 1,388 |  |  | $ | 1,461 |
Schedule of supplemental cash flow information related to leases |
Schedule of supplemental cash flow information related to leases |  |  |  |  |  |  |  |
|  | Three Months Ended |
|  | March 31, |
|  | 2024 |  |  | 2023 |
Cash paid for amounts included in the measurement of lease liabilities: |  | (In thousands) |
Operating cash flows from operating leases |  | $ | 1,374 |  |  | $ | 1,360 |
Operating cash flows from finance leases |  | $ | 13 |  |  | $ | 99 |
Financing cash flows from finance leases |  | $ | 1 |  |  | $ | 2 |
Schedule of stock option activity |
Schedule of stock option activity |  |  |  |  |  |  |  |  |  |
|  |  |  |  |  |  |  | Weighted
|  | Number of |  |  | Weighted |  |  | Average
|  | Shares |  |  | Average |  |  | Remaining
|  | (in thousands) |  |  | Exercise Price |  |  | Contractual Term
Options outstanding at the beginning of period |  |  | 8,125 |  |  | $ | 5.11 |  |  | N/A
Granted |  |  | – |  |  |  | – |  |  | N/A
Exercised |  |  | (180 | ) |  |  | 3.92 |  |  | N/A
Forfeited |  |  | – |  |  |  | – |  |  | N/A
Options outstanding at the end of period |  |  | 7,945 |  |  | $ | 5.14 |  |  | 2.95 years
Options exercisable at the end of period |  |  | 6,070 |  |  | $ | 4.51 |  |  | 2.47 years
Schedule of price distribution of stock options |
Schedule of price distribution of stock options |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Number of shares as of |  |  | Number of shares as of |
|  | March 31, 2024 |  |  | December 31, 2023 |
|  | Outstanding |  |  | Exercisable |  |  | Outstanding |  |  | Exercisable |
Range of exercise prices: |  | (In thousands) |  |  | (In thousands) |
$2.00 - $2.99 |  |  | 1,410 |  |  |  | 1,083 |  |  |  | 1,410 |  |  |  | 1,082 |
$3.00 - $3.99 |  |  | 2,383 |  |  |  | 2,383 |  |  |  | 2,473 |  |  |  | 2,473 |
$4.00 - $4.99 |  |  | 2,450 |  |  |  | 1,839 |  |  |  | 2,539 |  |  |  | 1,929 |
$6.00 - $6.99 |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |
$7.00 - $7.99 |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |
$10.00 - $10.99 |  |  | 1,702 |  |  |  | 765 |  |  |  | 1,703 |  |  |  | 578 |
Total shares |  |  | 7,945 |  |  |  | 6,070 |  |  |  | 8,125 |  |  |  | 6,062 |
Schedule of purchase of our common stock |
Schedule of purchase of our common stock |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Three Months Ended |
|  | March 31, 2024 |  |  | March 31, 2023 |
|  | Shares |  |  | Avg. Price |  |  | Shares |  |  | Avg. Price |
Open market purchases |  |  | 101,355 |  |  | $ | 8.51 |  |  |  | 263,185 |  |  | $ | 10.42 |
Shares redeemed upon net exercise of stock options |  |  | 105,758 |  |  |  | 7.89 |  |  |  | 458,392 |  |  |  | 9.93 |
Total stock purchases |  |  | 207,113 |  |  | $ | 8.19 |  |  |  | 721,577 |  |  | $ | 10.11 |

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