XML 41 R34.htm IDEA: XBRL DOCUMENT v3.25.0.1
Organization - Schedule of Correction of Immaterial Errors in Previously Issued Financial Statements Through the Current Period (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 6 Months Ended 9 Months Ended
Dec. 31, 2024
Sep. 30, 2024
Jun. 30, 2024
Dec. 31, 2023
Sep. 30, 2024
Dec. 31, 2024
Dec. 31, 2023
Mar. 31, 2024
Sep. 30, 2023
Mar. 31, 2023
Assets:                    
Cash and cash equivalents $ 27,132         $ 27,132   $ 18,982    
Accounts receivable, net 133         133   0    
Operating lease right-of-use assets 2,925         2,925   65    
Property, plant, and equipment, net 24,870         24,870   75    
Liabilities:                    
Accounts payable 1,701         1,701   99    
Accrued expenses and other current liabilities 483         483   335    
Current portion of operating lease liabilities 267         267   0    
Operating lease liabilities 2,688         2,688   65    
Total assets 79,486         79,486   59,838    
Total liabilities 11,336         11,336   996    
Total Old Market Capital Corporation shareholders' equity 53,940     $ 59,053   53,940 $ 59,053 58,842 $ 70,713 $ 79,809
Total Shareholders Equity 53,940         53,940   58,842    
Redeemable NCI 14,210         14,210   0    
Total liabilities, redeemable non-controlling interest and shareholders' equity 79,486         79,486   $ 59,838    
STATEMENT OF CASH FLOWS                    
Net cash (used in) provided by operating activities           (1,145) 1,035      
Net cash provided by investing activities           14,483 35,427      
Net cash used in financing activities           (4,788) (29,100)      
STATEMENT OF OPERATIONS                    
Revenue: 2,968     0   6,415 0      
Expenses:                    
Depreciation and amortization 501     22   1,073 66      
General and administrative 2,123     1,745   8,725 4,810      
Net (loss) (186)     (11,661)   (4,103) (20,590)      
Loss from continuing operations (465)     (1,699)   (7,242) (4,845)      
Net income (loss) from continuing ops attributable to common shareholders (Note 5) $ (124)     $ (11,661)   $ (4,115) $ (20,590)      
Per share loss from continuing operations attributable to common shareholders - basic $ (0.08)     $ (0.23)   $ (1.11) $ (0.66)      
Per share loss from continuing operations attributable to common shareholders diluted (0.08)     (0.23)   (1.11) (0.66)      
Per share (loss) income available to common stockholders - basic (0.04)     (1.6)   (0.64) (2.83)      
Per share (loss) income available to common stockholders - diluted $ (0.04)     $ (1.6)   $ (0.64) $ (2.83)      
As Reported [Member]                    
Assets:                    
Cash and cash equivalents   $ 29,475 $ 40,658   $ 29,475          
Accounts receivable, net   123 145   123          
Operating lease right-of-use assets   480 553   480          
Property, plant, and equipment, net   25,911 23,993   25,911          
Liabilities:                    
Accounts payable   1,767 1,930   1,767          
Accrued expenses and other current liabilities   665 686   665          
Current portion of operating lease liabilities   117 124   117          
Operating lease liabilities   419 436   419          
Total assets     88,678              
Total Assets   80,282     80,282          
Total liabilities   8,331 16,553   8,331          
Total Old Market Capital Corporation shareholders' equity   52,670 53,121   52,670          
Noncontrolling interest   3,543 3,550   3,543          
Total Shareholders Equity   56,213 56,671   56,213          
Redeemable NCI   15,738 15,454   15,738          
Total liabilities, redeemable non-controlling interest and shareholders' equity   80,282 88,678   80,282          
STATEMENT OF CASH FLOWS                    
Net cash (used in) provided by operating activities     (437)   (553)          
Net cash provided by investing activities     22,113   16,675          
Net cash used in financing activities     0   (5,629)          
STATEMENT OF OPERATIONS                    
Revenue:   2,958 489              
Revenue         2,083          
Expenses:                    
Depreciation and amortization   501 94   595          
General and administrative   2,553 3,764   6,317          
Interest income, net   387 411   798          
Net (loss)   (174) (3,489)   (3,663)          
Loss from continuing operations   (975) (5,548)   (6,523)          
Net income (loss) from continuing ops attributable to common shareholders (Note 5)   $ (1,252) $ (5,337)   $ (6,589)          
Per share loss from continuing operations attributable to common shareholders - basic   $ (0.19) $ (0.79)   $ (0.98)          
Per share loss from continuing operations attributable to common shareholders diluted   (0.19) (0.79)   (0.98)          
Per share (loss) income available to common stockholders - basic   (0.07) (0.49)   (0.56)          
Per share (loss) income available to common stockholders - diluted   $ (0.07) $ (0.49)   $ (0.56)          
As Revised [Member]                    
Assets:                    
Cash and cash equivalents   $ 29,464 $ 40,626   $ 29,464          
Accounts receivable, net   130 137   130          
Operating lease right-of-use assets   2,985 3,100   2,985          
Property, plant, and equipment, net   22,294 20,356   22,294          
Liabilities:                    
Accounts payable   1,759 1,922   1,759          
Accrued expenses and other current liabilities   644 565   644          
Current portion of operating lease liabilities   292 296   292          
Operating lease liabilities   2,749 2,811   2,749          
Total assets     87,548              
Total Assets   79,165     79,165          
Total liabilities   10,807 18,971   10,807          
Total Old Market Capital Corporation shareholders' equity   52,670 53,121   52,670          
Noncontrolling interest   0 0   0          
Total Shareholders Equity   52,670 53,121   52,670          
Redeemable NCI   15,738 15,454   15,738          
Total liabilities, redeemable non-controlling interest and shareholders' equity   79,215 87,546   79,215          
STATEMENT OF CASH FLOWS                    
Net cash (used in) provided by operating activities     (438)   (560)          
Net cash provided by investing activities     22,081   16,643          
Net cash used in financing activities     0   (5,629)          
STATEMENT OF OPERATIONS                    
Revenue:   2,958 489              
Revenue         2,083          
Expenses:                    
Depreciation and amortization   481 91   572          
General and administrative   2,811 3,791   6,602          
Interest income, net   379 411   790          
Net (loss)   (404) (3,513)   (3,917)          
Loss from continuing operations   (1,205) (5,572)   (6,777)          
Net income (loss) from continuing ops attributable to common shareholders (Note 5)   $ (1,482) $ (5,361)   $ (6,843)          
Per share loss from continuing operations attributable to common shareholders - basic   $ (0.22) $ (0.79)   $ (1.02)          
Per share loss from continuing operations attributable to common shareholders diluted   (0.22) (0.79)   (1.02)          
Per share (loss) income available to common stockholders - basic   (0.1) (0.49)   (0.59)          
Per share (loss) income available to common stockholders - diluted   $ (0.1) $ (0.49)   $ (0.59)          
Difference [Member]                    
Assets:                    
Cash and cash equivalents   $ (11) $ (32)   $ (11)          
Accounts receivable, net   7 (8)   7          
Operating lease right-of-use assets   2,505 2,547   2,505          
Property, plant, and equipment, net   (3,617) (3,637)   (3,617)          
Liabilities:                    
Accounts payable   (8) (8)   (8)          
Accrued expenses and other current liabilities   (21) (121)   (21)          
Current portion of operating lease liabilities   175 172   175          
Operating lease liabilities   2,330 2,375   2,330          
Total assets     (1,130)              
Total Assets   (1,117)     (1,117)          
Total liabilities   2,476 2,418   2,476          
Total Old Market Capital Corporation shareholders' equity   0 0   0          
Noncontrolling interest   (3,543) (3,550)   (3,543)          
Total Shareholders Equity   (3,543) (3,550)   (3,543)          
Redeemable NCI   0 0   0          
Total liabilities, redeemable non-controlling interest and shareholders' equity   (1,067) (1,132)   (1,067)          
STATEMENT OF CASH FLOWS                    
Net cash (used in) provided by operating activities     (1)   (7)          
Net cash provided by investing activities     (32)   (32)          
Net cash used in financing activities     0   0          
STATEMENT OF OPERATIONS                    
Revenue:   0 0              
Revenue         0          
Expenses:                    
Depreciation and amortization   (20) (3)   (23)          
General and administrative   258 27   285          
Interest income, net   (8) 0   (8)          
Net (loss)   (230) (24)   (254)          
Loss from continuing operations   (230) (24)   (254)          
Net income (loss) from continuing ops attributable to common shareholders (Note 5)   $ (230) $ (24)   $ (254)          
Per share loss from continuing operations attributable to common shareholders - basic   $ (0.03) $ 0   $ (0.04)          
Per share loss from continuing operations attributable to common shareholders diluted   (0.03) 0   (0.04)          
Per share (loss) income available to common stockholders - basic   (0.03) 0   (0.03)          
Per share (loss) income available to common stockholders - diluted   $ (0.03) $ 0   $ (0.03)