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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash Flows From Operating Activities    
Net income $ 7,734,000 $ 5,943,000
Adjustments to reconcile net income to net cash used in operating activities:    
Deferred income tax expense 832,000 599,000
Depreciation and amortization 591,000 451,000
Earnings of equity method investment in related party (111,000)
Share-based compensation 184,000
Impairment of investments 1,035,000
Interest related to contract termination liability payment 31,000
Changes in    
Receivables from customers (2,052,000) (9,030,000)
Receivables from non-customers (214,000) (46,000)
Receivables from and deposits with broker-dealers and clearing organizations (4,251,000) 2,658,000
Securities borrowed 140,928,000 (353,199,000)
Securities owned, at fair value 1,270,000 (14,577,000)
Prepaid expenses and other assets (1,666,000) (1,578,000)
Payables to customers (55,904,000) (40,178,000)
Payables to non-customers (527,000) (10,155,000)
Drafts payable (199,000) (634,000)
Payables to broker-dealers and clearing organizations 4,534,000 3,056,000
Accounts payable and accrued liabilities 464,000 402,000
Securities loaned (146,918,000) 366,229,000
Net lease liabilities (2,000) (46,000)
Taxes payable (732,000) 602,000
Deferred contract incentive (425,000) (425,000)
Trading platform implementation (557,000)
Contract termination liability payment (1,000,000)
Net cash used in operating activities (57,322,000) (49,561,000)
Cash Flows From Investing Activities    
Purchase of office facilities and equipment (1,052,000) (112,000)
Purchase of software (1,667,000) (202,000)
Additions to property, office facilities, and equipment (98,000) (840,000)
Transaction with J2 Financial (35,000)
Net cash used in investing activities (2,852,000) (1,154,000)
Cash Flows From Financing Activities    
Kakaopay issuance cost (1,589,000)
Proceeds received from shares issued for Kakaopay transaction 17,363,000
Repayments of long-term debt (43,000) (2,694,000)
Net cash (used in) / provided by financing activities (43,000) 13,080,000
Net change in cash and cash equivalents, and cash and securities segregated for regulatory purposes (60,217,000) (37,635,000)
Cash and cash equivalents, and cash and securities segregated for regulatory purposes - beginning of period 280,052,000 299,838,000
Cash and cash equivalents, and cash and securities segregated for regulatory purposes - end of period 219,835,000 262,203,000
Reconciliation of cash, cash equivalents, and cash and securities segregated for regulatory purposes    
Cash and cash equivalents - end of period 5,200,000 7,628,000
Cash and securities segregated for regulatory purposes - end of period 214,635,000 254,575,000
Cash and cash equivalents, and cash and securities segregated for regulatory purposes - end of period 219,835,000 262,203,000
Supplemental cash flow information    
Cash paid during the period for income taxes 3,137,000 904,000
Cash paid during the period for interest 80,000 182,000
Non-cash investing and financing activities    
Kakaopay issuance cost [1] 318,000
Transaction with J2 Financial [2] 350,000
Share-based compensation [3] $ 201,000
[1] Refer to Note 5 – Kakaopay Transaction for further detail.
[2] Refer to Note 9 – Software, net for further detail.
[3] Refer to Note 19 – Employee Benefit Plans for further detail.