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v3.25.1

Summary of Significant Accounting Policies (Tables) | 3 Months Ended
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Mar. 31, 2025
Accounting Policies [Abstract] |
Schedule of other income |
Schedule of other income |  |  |  |  |  |  |  |
|  | Three Months Ended |
|  | March 31, |
|  | 2025 |  |  | 2024 |
|  | (In thousands) |
Origination and servicing fees from third party receivables |  | $ | 1,431 |  |  | $ | 2,144 |
Sales tax refunds |  |  | – |  |  |  | 289 |
Other |  |  | 10 |  |  |  | 23 |
Other income for the period |  | $ | 1,441 |  |  | $ | 2,456 |
Schedule of supplemental balance sheet information related to leases |
Schedule of supplemental balance sheet information related to leases |  |  |  |  |  |
|  | March 31, |  |  | December 31, |
|  | 2025 |  |  | 2024 |
|  | (In thousands) |
Operating Leases |  |  |  |  |  |  |  |
Operating lease right-of-use assets |  | $ | 51,093 |  |  | $ | 51,093 |
Less: Accumulated amortization right-of-use assets |  |  | (32,850 | ) |  |  | (31,644 | )
Operating lease right-of-use assets, net |  | $ | 18,243 |  |  | $ | 19,449 |
Operating lease liabilities |  | $ | (20,250 | ) |  | $ | (21,471 | )
Finance Leases |  |  | $ |  |  |  |  |
Property and equipment, at cost |  | $ | 4,039 |  |  | $ | 3,794 |
Less: Accumulated depreciation |  |  | (3,538 | ) |  |  | (3,488 | )
Property and equipment, net |  | $ | 501 |  |  | $ | 306 |
|  |  | $ |  |  |  |  |
Finance lease liabilities |  | $ | (514 | ) |  | $ | (315 | )
|  |  | $ |  |  |  |  |
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 |  |  |  |  |  |
(In thousands) |  | Operating |  |  | Finance |
|  | Lease |  |  | Lease |
Year Ending December 31, |  |  |  |  |  |  |  |
2025 (excluding the three months ended March 31, 2025) |  | $ | 3,907 |  |  | $ | 161 |
2026 |  |  | 5,084 |  |  |  | 207 |
2027 |  |  | 5,242 |  |  |  | 149 |
2028 |  |  | 5,408 |  |  |  | 30 |
2029 |  |  | 3,761 |  |  |  | 10 |
Thereafter |  |  | 985 |  |  |  | – |
Total undiscounted lease payments |  |  | 24,387 |  |  |  | 557 |
Less amounts representing interest |  |  | (4,137 | ) |  |  | (43 | )
Lease Liability |  | $ | 20,250 |  |  | $ | 514 |
Schedule of lease cost |
Schedule of lease cost |  |  |  |  |  |  |  |
|  | Three Months Ended |
|  | March 31, |
|  | 2025 |  |  | 2024 |
|  | (In thousands) |
Operating lease cost |  | $ | 1,311 |  |  | $ | 1,374 |
Finance lease cost |  |  | 55 |  |  |  | 14 |
Total lease cost |  | $ | 1,366 |  |  | $ | 1,388 |
Schedule of supplemental cash flow information related to leases |
Schedule of supplemental cash flow information related to leases |  |  |  |  |  |  |  |
|  | Three Months Ended |
|  | March 31, |
|  | 2025 |  |  | 2024 |
Cash paid for amounts included in the measurement of lease liabilities: |  | (In thousands) |
Operating cash flows from operating leases |  | $ | 1,311 |  |  | $ | 1,374 |
Operating cash flows from finance leases |  |  | 47 |  |  |  | 13 |
Financing cash flows from finance leases |  |  | 8 |  |  |  | 1 |
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 |  |  | 6,097 |  |  | $ | 5.39 |  |  | N/A
Granted |  |  | – |  |  |  | – |  |  | N/A
Exercised |  |  | (70 | ) |  |  | 3.49 |  |  | N/A
Forfeited |  |  | – |  |  |  | – |  |  | N/A
Options outstanding at the end of period |  |  | 6,027 |  |  | $ | 5.41 |  |  | 2.46 years
Options exercisable at the end of period |  |  | 5,204 |  |  | $ | 4.94 |  |  | 2.24 years
Schedule of price distribution of stock options outstanding and exercisable |
Schedule of price distribution of stock options outstanding and exercisable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Number of shares as of |  |  | Number of shares as of |
|  | March 31, 2025 |  |  | December 31, 2024 |
|  | Outstanding |  |  | Exercisable |  |  | Outstanding |  |  | Exercisable |
Range of exercise prices: |  | (In thousands) |  |  | (In thousands) |
$2.00 - $2.99 |  |  | 1,197 |  |  |  | 1,197 |  |  |  | 1,197 |  |  |  | 1,197 |
$3.00 - $3.99 |  |  | 1,955 |  |  |  | 1,955 |  |  |  | 2,026 |  |  |  | 2,026 |
$4.00 - $4.99 |  |  | 1,262 |  |  |  | 972 |  |  |  | 1,262 |  |  |  | 972 |
$10.00 - $10.99 |  |  | 1,613 |  |  |  | 1,080 |  |  |  | 1,612 |  |  |  | 892 |
Total shares |  |  | 6,027 |  |  |  | 5,204 |  |  |  | 6,097 |  |  |  | 5,087 |
Schedule of purchase of our common stock |
Schedule of purchase of our common stock |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Three Months Ended |
|  | March 31, 2025 |  |  | March 31, 2024 |
|  | Shares |  |  | Avg. Price |  |  | Shares |  |  | Avg. Price |
Open market purchases |  |  | – |  |  | $ | – |  |  |  | 101,355 |  |  | $ | 8.51 |
Shares redeemed upon net exercise of stock options |  |  | – |  |  |  | – |  |  |  | 105,758 |  |  |  | 7.89 |
Total stock purchases |  |  | – |  |  | $ | – |  |  |  | 207,113 |  |  | $ | 8.19 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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