XML 32 R22.htm IDEA: XBRL DOCUMENT v3.25.2

Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2025

Accounting Policies [Abstract]

Schedule of other income

Schedule of other income
		Three Months Ended								Six Months Ended
		June 30,								June 30,
		2025				2024				2025				2024
		(In thousands)								(In thousands)
Origination and servicing fees from third party receivables		$	1,384			$	1,694			$	2,815			$	3,838
Sales tax refunds			–				260				–				549
Other			18				59				28				82
Other income for the period		$	1,402			$	2,013			$	2,843			$	4,469

Schedule of supplemental balance sheet information related to leases

Schedule of supplemental balance sheet information related to leases
		June 30,				December 31,
		2025				2024
		(In thousands)
Operating Leases
Operating lease right-of-use assets		$	52,260			$	51,093
Less: Accumulated amortization right-of-use assets			(34,017	)			(31,644	)
Operating lease right-of-use assets, net		$	18,243			$	19,449
Operating lease liabilities		$	(20,231	)		$	(21,471	)
Finance Leases
Property and equipment, at cost		$	4,039			$	3,794
Less: Accumulated depreciation			(3,586	)			(3,488	)
Property and equipment, net		$	453			$	306
Finance lease liabilities		$	(467	)		$	(315	)
Weighted Average Discount Rate
Operating lease			5.0%				5.0%
Finance lease			6.4%				6.5%

Schedule of maturities of lease liabilities

Schedule of maturities of lease liabilities
(In thousands)		Operating				Finance
Year Ending December 31,		Lease				Lease
2025 (excluding the six months ended June 30, 2025)		$	2,558			$	106
2026			5,084				207
2027			5,242				149
2028			5,408				30
2029			3,761				10
Thereafter			985				–
Total undiscounted lease payments			23,038				502
Less amounts representing interest			(2,807	)			(35	)
Lease Liability		$	20,231			$	467

Schedule of lease cost

Schedule of lease cost
		Three Months Ended								Six Months Ended
		June 30,								June 30,
		2025				2024				2025				2024
		(In thousands)								(In thousands)
Operating lease cost		$	1,310			$	1,311			$	2,621			$	2,685
Finance lease cost			55				34				110				48
Total lease cost		$	1,365			$	1,345			$	2,731			$	2,733

Schedule of supplemental cash flow information related to leases

Schedule of supplemental cash flow information related to leases
		Three Months Ended								Six Months Ended
		June 30,								June 30,
		2025				2024				2025				2024
Cash paid for amounts included in the measurement of lease liabilities:		(In thousands)								(In thousands)
Operating cash flows from operating leases		$	1,310			$	1,311			$	2,621			$	2,685
Operating cash flows from finance leases			47				28				94				41
Financing cash flows from finance leases			7				6				15				7

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			6,157			$	5.37			N/A
Granted			–				–			N/A
Exercised			(1,318	)			3.50			N/A
Forfeited			(7	)			–			N/A
Options outstanding at the end of period			4,832			$	5.89			2.68 years
Options exercisable at the end of period			4,189			$	5.57			2.56 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
		June 30, 2025								December 31, 2024
		Outstanding				Exercisable				Outstanding				Exercisable
Range of exercise prices:		(in thousands)								(in thousands)
$2.00 - $2.99			1,128				1,127				1,197				1,197
$3.00 - $3.99			902				902				2,026				2,026
$4.00 - $4.99			1,190				907				1,262				972
$10.00 - $10.99			1,612				1,253				1,612				892
Total shares			4,832				4,189				6,097				5,087

Schedule of purchase of our common stock

Schedule of purchase of our common stock
		Six Months Ended
		June 30, 2025								June 30, 2024
		Shares				Avg. Price				Shares				Avg. Price
Open market purchases			76,880			$	9.72				473,202			$	8.67
Shares redeemed upon net exercise of stock options			449,772				9.76				824,511				8.57
Total stock purchases			526,652			$	9.76				1,297,713			$	8.61

X

- References

No definition available.

+ Details

Name:	cpss_LesseeOperatingAndFinanceLeaseLiablityMaturityTableTextBlock
Namespace Prefix:	cpss_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Regulation S-X (SX)
-Number 210
-Section 12
-Subsection 04
-Paragraph a
-Publisher SEC

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 942
-SubTopic 235
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477314/942-235-S99-2

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480738/235-10-S50-4

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3

+ Details

Name:	srt_ScheduleOfCondensedBalanceSheetTableTextBlock
Namespace Prefix:	srt_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_AccountingPoliciesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_LeaseCostTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of supplemental cash flow information for the periods presented.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the detailed components of other nonoperating income. May include methodology, assumptions and amounts for: (a) dividends, (b) interest on securities, (c) profits on securities (net of losses), and (d) miscellaneous other income items.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(7))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

+ Details

Name:	us-gaap_ScheduleOfOtherNonoperatingIncomeByComponentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481520/505-30-50-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481520/505-30-50-3

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481520/505-30-50-4

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
-Section 45
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481549/505-30-45-1

+ Details

Name:	us-gaap_ScheduleOfTreasuryStockByClassTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of number, weighted-average exercise price or conversion ratio, aggregate intrinsic value, and weighted-average remaining contractual term for outstanding and exercisable options that are fully vested and expected to vest. Includes, but is not limited to, unvested options for which requisite service period has not been rendered but that are expected to vest based on achievement of performance condition, if forfeitures are recognized when they occur.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAndExercisableTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration