XML 107 R4.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Revenue from Contracts with Customers:    
Commissions $ 139,452 $ 138,191
Advisory fees 24,939 21,668
Total Revenue from Contracts with Customers 164,391 159,859
Interest and other income 4,512 8,096
Total revenues 168,903 167,955
Expenses:    
Commissions and fees 136,932 136,169
Employee compensation and benefits 15,544 13,385
Rent and occupancy 1,150 1,189
Professional fees 6,971 4,709
Technology fees 1,292 2,457
Interest 4,026 5,119
Depreciation and amortization 1,019 1,216
Other 5,116 3,225
Total expenses 172,050 167,469
(Loss) income before provision for income taxes (3,147) 486
Provision (benefit) for income taxes 1,415 (85)
Net (loss) income (4,562) 571
Net income attributable to Legacy BMS Management Services LLC members 730  
Net (loss) income $ (5,292) $ 571
Net loss per share basic (in dollars per share) $ (0.32)  
Net loss per share diluted (in dollars per share) $ (0.32)  
Weighted average shares: basic (in shares) 16,593  
Weighted average shares: diluted (in shares) 16,593