v3.25.2
Note 9 - Segment Information - Operations By Segment (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Insurance and other services revenue $ 4,060 $ 3,124 $ 6,782 $ 5,823
Underwriting expenses (43) (52) (99) (123)
Provision for title claim losses (85) (18) (102) (54)
Search and other fees (29) (24) (56) (35)
Total cost of revenue (157) (94) (257) (212)
Gross profit 3,903 3,030 6,525 5,611
Personnel costs (2,101) (1,971) (4,094) (3,954)
Other operating expense (1) [1] (1,195) (1,139) (2,348) (2,196)
Amortization and depreciation (25) (40) (50) (81)
Total operating expense (3,321) (3,150) (6,492) (6,231)
Other income, net 366 (49) 635 511
Income before income taxes 948 (169) 668 (109)
Goodwill and intangible assets, net (2) [2] 6,647 6,722 6,647 6,722
The Title Insurance Segment [Member] | Operating Segments [Member]        
Insurance and other services revenue 2,810 2,374 4,782 4,320
Underwriting expenses (43) (52) (99) (123)
Provision for title claim losses (85) (18) (102) (54)
Search and other fees (29) (24) (56) (35)
Total cost of revenue (157) (94) (257) (212)
Gross profit 2,653 2,280 4,525 4,108
Personnel costs (1,704) (1,626) (3,339) (3,254)
Other operating expense (1) [1] (850) (846) (1,668) (1,568)
Amortization and depreciation (25) (40) (50) (81)
Total operating expense (2,579) (2,512) (5,057) (4,903)
Other income, net 76 56 139 124
Income before income taxes 150 (176) (393) (671)
Goodwill and intangible assets, net (2) [2] 6,647 6,722 6,647 6,722
Corporate Segment and Other Operating Segment [Member] | Operating Segments [Member]        
Insurance and other services revenue 1,250 750 2,000 1,503
Underwriting expenses 0 0 0 0
Provision for title claim losses 0 0 0 0
Search and other fees 0 0 0 0
Total cost of revenue 0 0 0 0
Gross profit 1,250 750 2,000 1,503
Personnel costs (397) (345) (755) (700)
Other operating expense (1) [1] (345) (293) (680) (628)
Amortization and depreciation 0 0 0 0
Total operating expense (742) (638) (1,435) (1,328)
Other income, net 290 (105) 496 387
Income before income taxes 798 7 1,061 562
Goodwill and intangible assets, net (2) [2] $ 0 $ 0 $ 0 $ 0
[1] Other operating expense primarily consists of rent and other occupancy expenses, software and equipment expense, corporate insurance and other regulatory and professional fees.
[2] The Company does not allocate its assets by segment, with the exception of Goodwill and Intangible assets.