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Subsequent Events (Tables) | 12 Months Ended
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Mar. 31, 2024
Subsequent Events [Abstract] |
Schedule of Condensed Unaudited Pro Forma Consolidated Balance Sheet | The following unaudited pro forma consolidated balance sheet as of March 31, 2024, presents the Company’s consolidated balance sheet as if the sale of substantially all finance receivables and repossessed assets occurred on March 31, 2024.
|  | March 31, |  |  | Transaction Accounting |  |  |  |  | Pro Forma Ending |
|  | 2024 |  |  | Adjustments |  |  | Note |  | Balance |
Assets |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 18,982 |  |  | $ | 40,634 |  |  | A |  | $ | 59,616 |
Finance receivables held for sale, at a lower of amortized cost or fair value |  |  | 38,773 |  |  |  | (38,650 | ) |  | B |  |  | 123 |
Repossessed assets held for sale, at lower of carrying value or fair value less cost to sell |  |  | 668 |  |  |  | (668 | ) |  | B |  |  | - |
Prepaid expenses and other assets |  |  | 438 |  |  |  | - |  |  |  |  |  | 438 |
Income taxes receivable |  |  | 902 |  |  |  | - |  |  |  |  |  | 902 |
Property and equipment, net |  |  | 75 |  |  |  |  |  |  |  |  | 75 |
Total assets |  | $ | 59,838 |  |  | $ | 1,316 |  |  |  |  | $ | 61,154 |
Liabilities and shareholders’ equity |  |  |  |  |  |  |  |  |  |  |
Contingent liability |  | $ | - |  |  | $ | 2,620 |  |  | C |  | $ | 2,620 |
Accounts payable, accrued expenses, and other liabilities |  |  | 996 |  |  |  | - |  |  |  |  |  | 996 |
Total liabilities |  |  | 996 |  |  |  | 2,620 |  |  |  |  |  | 3,616 |
Commitments and contingencies (see Note 11) |  |  |  |  |  |  |  |  |  |  |
Shareholders’ equity: |  |  |  |  |  |  |  |  |  |  |
Preferred stock |  |  | - |  |  |  | - |  |  |  |  |  | - |
Common stock |  |  | 35,267 |  |  |  | - |  |  |  |  |  | 35,267 |
Treasury stock |  |  | (76,794 | ) |  |  | - |  |  |  |  |  | (76,794 | )
Retained earnings |  |  | 100,369 |  |  |  | (1,304 | ) |  | D |  |  | 99,065 |
Total shareholders’ equity |  |  | 58,842 |  |  |  | (1,304 | ) |  |  |  |  | 57,538 |
Total liabilities and shareholders’ equity |  | $ | 59,838 |  |  | $ | 1,316 |  |  |  |  | $ | 61,154 |

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- 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 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
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- References No definition available. + Details
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