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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue    
Commissions and fees $ 2,102,000 $ 2,300,000
Interest, marketing and distribution fees 6,945,000 8,763,000
Principal transactions and proprietary trading 12,961,000 3,506,000
Market making 552,000 672,000
Stock borrow / stock loan 4,837,000 4,098,000
Advisory fees 748,000 490,000
Other income 774,000 627,000
Total Revenue 28,919,000 20,456,000
Expenses    
Employee compensation and benefits 11,922,000 10,376,000
Clearing fees, including execution costs 454,000 428,000
Technology and communications 1,105,000 876,000
Other general and administrative 1,509,000 1,029,000
Data processing 949,000 751,000
Rent and occupancy 467,000 497,000
Professional fees 1,359,000 1,037,000
Depreciation and amortization 415,000 255,000
Interest expense 89,000 51,000
Advertising and promotion 154,000 54,000
Total Expenses 18,423,000 15,354,000
Operating income 10,496,000 5,102,000
Income before provision for income taxes 10,496,000 5,102,000
Provision for income taxes 1,835,000 1,415,000
Net income 8,661,000 3,687,000
Less net income (loss) attributable to noncontrolling interests (3,000) (1,000)
Net income available to common stockholders $ 8,664,000 $ 3,688,000
Net income available to common stockholders per share of common stock    
Basic (in Dollars per share) $ 0.22 $ 0.09
Diluted (in Dollars per share) $ 0.22 $ 0.09
Weighted average shares outstanding    
Basic (in Shares) 40,192,036 39,769,398
Diluted (in Shares) 40,192,036 39,769,398