Segment Reporting |
3 Months Ended |
|---|---|
Mar. 31, 2026 | |
| Segment Reporting [Abstract] | |
| Segment Reporting | 15. Segment Reporting
The Company is engaged in a single line of business as an insurance premium finance company, providing loans to customers for the purchase of insurance. The Company has identified a committee, the CODM Committee, composed of its Chief Executive Officer and Chief Financial Officer, as the chief operating decision maker (“CODM”), who uses net income to evaluate the results of the business, predominantly in the forecasting process, to manage the Company. Additionally, the CODM uses the availability on its line of credit (see Note 7) and prevailing interest rates, which are not a measure of profit and loss, to make operational decisions while maintaining capital adequacy, such as whether to reinvest profits or pay distributions. The Company’s operations constitute a single operating segment, and therefore, a single reportable segment, because the CODM Committee manages the business activities using information of the Company as a whole. The accounting policies used to measure the profit and loss of the segment are the same as those described in the summary of significant accounting policies. The Company's segment revenue and expenses are in line with what is in the Company's consolidated statements of operations and includes all significant categories that are provided to the CODM for review. Also, the segment assets are the same as those reported in the Company's consolidated balance sheets.
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