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Segment Information - Schedule of Segment Reporting Information (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Earnings from equity method investments $ 79 $ 1,735 $ 123 $ 2,522
Operating income (loss) 2,232 3,544 3,635 6,102
Auction and Liquidation [Member]        
Gross profit [1] 2,853 3,001 5,728 5,604
Operating expenses [2] (1,964) (2,199) (4,088) (4,049)
Earnings from equity method investments 19 1,320 (1) 1,362
Operating income (loss) 908 2,122 1,639 2,917
Refurbishment & Resale [Member]        
Gross profit [1] 1,420 904 2,743 1,808
Operating expenses [2] (1,017) (901) (2,068) (1,788)
Earnings from equity method investments 0 0 0 0
Operating income (loss) 403 3 675 20
Brokerage [Member]        
Gross profit [1] 3,707 3,603 7,086 7,497
Operating expenses [2] (1,730) (1,663) (3,509) (3,490)
Earnings from equity method investments 0 0 0 0
Operating income (loss) 1,977 1,940 3,577 4,007
Specialty Lending [Member]        
Gross profit [1] 431 794 800 1,663
Operating expenses [2] (311) (481) (664) (1,231)
Earnings from equity method investments 60 415 124 1,160
Operating income (loss) 180 728 260 1,592
Corporate and Other [Member]        
Gross profit [1] 0 0 65 0
Operating expenses [2] (1,236) (1,249) (2,581) (2,434)
Earnings from equity method investments 0 0 0 0
Operating income (loss) (1,236) (1,249) (2,516) (2,434)
Consolidated [Member]        
Gross profit [1] 8,411 8,302 16,422 16,572
Operating expenses [2] (6,258) (6,493) (12,910) (12,992)
Earnings from equity method investments 79 1,735 123 2,522
Operating income (loss) $ 2,232 $ 3,544 $ 3,635 $ 6,102
[1] Within the Company’s Industrial Asset division, management allocates gross profit resulting from certain auctions from Auctions and Liquidation (HGP) to Refurbishment & Resale (ALT). From time to time, ALT may source and refer an auction project to HGP or directly sell lab equipment inventory through the auction channel. In these instances, the profits relating to these transactions are allocated to ALT rather than accounted for under the segment profit or loss of HGP. During the three months ended June 30, 2025, the total amount of gross profit allocated to ALT from HGP was approximately $0.4 million, as compared to the total amount of gross profit allocated to ALT during the same period of 2024 of approximately $0.2 million. During the six months ended June 30, 2025, the total amount of gross profit allocated to ALT from HGP was approximately $0.6 million, as compared to the total amount of gross profit allocated to ALT during the same period of 2024 of approximately $0.5 million.
[2] All financing arrangements are originated with Corporate and other. Management may determine from time to time that interest incurred from financing arrangements are directly attributable to a specific segment. As a result, interest incurred may be charged to the segment and included in that segment’s profit or loss as a charge to operating expense. During the three months ended June 30, 2024, the total amount of interest allocated to Specialty Lending (HGC) from Corporate and other was approximately $0.1 million. During the six months ended June 30, 2024, the total amount of interest allocated to Specialty Lending (HGC) from Corporate and other was approximately $0.3 million. No interest expense has been allocated to operating segments as of June 30, 2025.