v3.25.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 3 Months Ended 12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Mar. 31, 2025
Cash flow from operating activities:      
Net income $ 1,344,067 $ 9,947,427  
Adjustments to reconcile net income to net cash provided by operating activities:      
Amortization of intangible assets 831,015 1,005,750  
Accrued unearned interest (2,433,938) (1,225,006)  
Amortization of deferred loan cost 3,707,858 3,351,475  
Loss (gain) on extinguishment of senior unsecured notes payable 43,438 (841,902)  
Amortization of debt issuance costs 279,131 347,904  
Amortization of discount on loans acquired in an asset purchase (210,541) 0  
Provision for credit losses 50,515,969 45,419,007  
Depreciation 1,516,849 1,643,118  
Gain on sale of property and equipment (330,424) (22,972)  
Deferred income tax expense (benefit) 4,164,091 (1,482,294)  
Stock-based compensation (reversal) related to equity classified awards 3,106,707 (1,063,845)  
Change in accounts:      
Other assets, net (1,497,187) (3,675,104)  
Income taxes receivable and payable (7,852,202) (859,377)  
Accounts payable and accrued expenses 4,968,214 (4,133,254)  
Net cash provided by operating activities 58,153,047 48,410,927  
Cash flows from investing activities:      
Increase in loans receivable, net (67,709,233) (34,946,897)  
Purchases of property and equipment (1,038,887) (1,083,641)  
Proceeds from the sale of property and equipment 479,907 161,582  
Net cash used in investing activities (68,268,213) (35,868,956)  
Cash flow from financing activities:      
Borrowings from senior notes payable 92,048,258 94,138,260  
Payments on senior notes payable (51,826,031) (75,829,647)  
Payments for extinguished senior unsecured notes payable (15,519,066) (20,962,500)  
Payments for debt extinguishment costs (26,450) (12,500)  
Debt issuance costs associated with senior notes payable (132,926) (2,364)  
Proceeds from exercise of stock options 1,566,318 686,382  
Payments for taxes related to net share settlement of equity awards (4,627,907) (131,242)  
Repurchase of common stock (12,971,034) (11,148,682)  
Net cash provided by (used in) financing activities 8,511,162 (13,262,293)  
Net change in cash and cash equivalents (1,604,004) (720,322)  
Cash and cash equivalents at beginning of period 9,730,296 11,839,460 $ 11,839,460
Cash and cash equivalents at end of period 8,126,292 11,119,138 $ 9,730,296
Supplemental Disclosures:      
Interest paid during the period 12,458,528 15,255,371  
Income taxes paid during the period 1,025,938 954,509  
Excise tax on stock repurchases not paid during the period $ 47,277 $ 106,088