v3.25.1
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues:    
Net premiums written $ 1,388 $ 1,404
Total revenues 2,722 2,699
Cost of revenues:    
Underwriting expenses 56 71
Provision for title claim losses 17 37
Search and other fees 27 10
Total cost of revenues 100 118
Gross underwriting profit 2,622 2,581
Operating expenses:    
General and administrative expenses (3,171) (3,081)
Other income/expenses:    
Net investment income 32 423
Other income, net 32 3
Income from investments in related parties, net 204 135
(Loss) income from operations before income taxes (281) 61
Income tax (benefit) expense (5) 68
Net loss (276) (7)
Net loss attributable to noncontrolling interests (19) (27)
Net (loss) income attributable to the Company's shareholders $ (257) $ 20
Basic and diluted per share net (loss) income attributable to the Company's shareholders:    
Basic (in dollars per share) $ (0.09) $ 0.01
Diluted (in dollars per share) $ (0.09) $ 0.01
Weighted average shares outstanding:    
Basic (in shares) 2,813 2,862
Diluted (in shares) 2,813 2,862
Escrow and Other Title Fees [Member]    
Revenues:    
Revenue from contract with customer $ 584 $ 542
Management Service [Member]    
Revenues:    
Revenue from contract with customer $ 750 $ 753