v3.25.2
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents $ 25,996 $ 19,590
Receivables from brokers, dealers, and clearing agencies 36,011 45,650
Other receivables 9,432 6,526
Investments-trading 170,955 148,332
Other Investments, Fair Value Disclosure 50,575 35,262
Receivables under resale agreements 790,874 668,259
Investments in equity method affiliates 24,681 23,430
Deferred income taxes 1,774 2,257
Goodwill [1] 109 109
Right-of-use asset - operating leases 14,833 15,540
Other assets 5,121 5,253
Total assets 1,131,650 971,149
Liabilities    
Payables to brokers, dealers, and clearing agencies 79,742 66,655
Accounts payable and other liabilities 8,373 10,913
Accrued compensation 48,750 17,770
Lease liability - operating leases 16,322 16,575
Trading securities sold, not yet purchased 37,160 36,432
Other investments sold, not yet purchased, at fair value 0 1,651
Securities sold under agreements to repurchase 816,290 695,966
Debt 32,555 34,904
Total liabilities 1,039,192 880,866
Commitments and contingencies (See note 20)
Stockholders' Equity:    
Voting Non-Convertible Preferred Stock, $0.001 par value per share, 50,000,000 shares authorized, 27,413,098 shares issued and outstanding 27 27
Common Stock, $0.01 par value per share, 100,000,000 shares authorized, 2,035,863 and 2,040,052 shares issued and outstanding, respectively, including 295,008 and 404,971 unvested or restricted share awards, respectively 21 20
Additional paid-in capital 77,767 76,704
Accumulated other comprehensive loss (915) (1,007)
Accumulated deficit (33,540) (34,016)
Total stockholders' equity 43,360 41,728
Non-controlling interest 49,098 48,555
Total equity 92,458 90,283
Total liabilities and equity 1,131,650 971,149
Due From Related Parties [Member]    
Assets    
Due from related parties 1,289 941
Other receivables $ 1,289 $ 941
[1] Goodwill and intangible assets are allocated to the Capital Markets and Asset Management business segments as indicated in the table above.