Segment Reporting (Details) $ in Thousands |
3 Months Ended | 6 Months Ended | ||||
|---|---|---|---|---|---|---|
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Jun. 30, 2025
USD ($)
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Mar. 31, 2025
USD ($)
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Jun. 30, 2024
USD ($)
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Mar. 31, 2024
USD ($)
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Jun. 30, 2025
USD ($)
segment
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Jun. 30, 2024
USD ($)
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| Segment Reporting [Abstract] | ||||||
| Number of operating segments | segment | 1 | |||||
| Revenue | ||||||
| Total revenue | $ 25,310 | $ 26,727 | $ 49,703 | $ 57,472 | ||
| Cost of services | ||||||
| Total cost of services | 5,509 | 5,713 | 11,593 | 11,463 | ||
| Gross profit | 19,801 | 21,014 | 38,110 | 46,009 | ||
| Operating expenses | ||||||
| Depreciation and amortization | 1,134 | 787 | ||||
| Total operating expenses | 18,625 | 17,024 | 36,172 | 34,696 | ||
| Operating income | 1,176 | 3,990 | 1,938 | 11,313 | ||
| Other income (expense) | ||||||
| Interest expense | (2,419) | (2,736) | (5,008) | (5,506) | ||
| Interest income | 2,357 | 3,086 | 4,857 | 6,057 | ||
| Income before income taxes | 1,114 | 4,340 | 1,787 | 11,864 | ||
| Income tax expense | 80 | 1,438 | 136 | 3,875 | ||
| Net income | 1,034 | $ 617 | 2,902 | $ 5,087 | 1,651 | 7,989 |
| Program fees | ||||||
| Revenue | ||||||
| Total revenue | 14,933 | 14,836 | 30,143 | 29,145 | ||
| Profit share | ||||||
| Revenue | ||||||
| Total revenue | 7,969 | 9,333 | 14,699 | 23,215 | ||
| Claims administration and other service fees | ||||||
| Revenue | ||||||
| Total revenue | 2,408 | 2,558 | 4,861 | 5,112 | ||
| Reportable Segment | ||||||
| Revenue | ||||||
| Total revenue | 25,310 | 26,727 | 49,703 | 57,472 | ||
| Cost of services | ||||||
| Employee compensation and benefits | 1,335 | 1,962 | 2,861 | 4,049 | ||
| Share-based compensation | 109 | 166 | 211 | 244 | ||
| Depreciation and amortization | 263 | 87 | 476 | 146 | ||
| Other cost of services | 3,802 | 3,498 | 8,045 | 7,024 | ||
| Total cost of services | 5,509 | 5,713 | 11,593 | 11,463 | ||
| Gross profit | 19,801 | 21,014 | 38,110 | 46,009 | ||
| Operating expenses | ||||||
| Employee compensation and benefits | 11,271 | 8,350 | 21,742 | 18,416 | ||
| Share-based compensation | 2,225 | 2,202 | 3,969 | 3,978 | ||
| Professional fees | 1,789 | 3,000 | 4,087 | 5,017 | ||
| IT services | 961 | 1,074 | 1,941 | 2,249 | ||
| Depreciation and amortization | 327 | 328 | 658 | 641 | ||
| Other | 2,052 | 2,070 | 3,775 | 4,395 | ||
| Total operating expenses | 18,625 | 17,024 | 36,172 | 34,696 | ||
| Operating income | 1,176 | 3,990 | 1,938 | 11,313 | ||
| Other income (expense) | ||||||
| Interest expense | (2,419) | (2,736) | (5,008) | (5,506) | ||
| Interest income | 2,357 | 3,086 | 4,857 | 6,057 | ||
| Total other income (expense), net | (62) | 350 | (151) | 551 | ||
| Income before income taxes | 1,114 | 4,340 | 1,787 | 11,864 | ||
| Income tax expense | 80 | 1,438 | 136 | 3,875 | ||
| Net income | 1,034 | 2,902 | 1,651 | 7,989 | ||
| Reportable Segment | Program fees | ||||||
| Revenue | ||||||
| Total revenue | 14,933 | 14,836 | 30,143 | 29,145 | ||
| Reportable Segment | Profit share | ||||||
| Revenue | ||||||
| Total revenue | 7,969 | 9,333 | 14,699 | 23,215 | ||
| Reportable Segment | Claims administration and other service fees | ||||||
| Revenue | ||||||
| Total revenue | $ 2,408 | $ 2,558 | $ 4,861 | $ 5,112 | ||
| X | ||||||||||
- Definition Cost, Employee Compensation And Benefits No definition available.
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| X | ||||||||||
- Definition Cost, Share-Based Payment Arrangement, Expense No definition available.
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| X | ||||||||||
- Definition Amount of expense for award under share-based payment arrangement. Excludes amount capitalized. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of expense for salary, wage, profit sharing; incentive and equity-based compensation; and other employee benefit. Other employee benefit expense includes, but is not limited to, service component of net periodic benefit cost for defined benefit plan. Excludes compensation cost in cost of good and service sold. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Amount of expense for allocation of cost of tangible and intangible assets over their useful lives directly used in production of good and rendering of service. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The amount of expenses incurred in the period for information technology and data processing products and services. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition Amount of interest expense classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Number of operating segments. An operating segment is a component of an enterprise: (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same enterprise), (b) whose operating results are regularly reviewed by the enterprise's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance, and (c) for which discrete financial information is available. An operating segment may engage in business activities for which it has yet to earn revenues, for example, start-up operations may be operating segments before earning revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition Other costs incurred during the reporting period related to other revenue generating activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- References No definition available.
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- References No definition available.
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