v3.26.1
Business Combinations (Tables)
 3 Months Ended
Mar. 31, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Purchase, Cash and Equity Considerations The total purchase consideration is summarized below:
(Dollars in Thousands)
Amount
Initial purchase price$8,740 
Settlement of debt1,213 
Contingent consideration5,743 
Total purchase consideration transferred$15,696 
Schedule of Assets Acquired, and Liabilities Assumed
The following table sets forth the preliminary fair values of the assets acquired and liabilities assumed in connection with the Kontora Acquisition:
(Dollars in Thousands)
Kontora Acquisition Date Fair Value
Cash and cash equivalents$3,440 
Fees receivable2,702 
Equity method investments28 
Intangible assets14,075 
Goodwill981 
Operating lease right-of-use assets1,952 
Deferred tax assets, net1,451 
Other assets, net2,326 
Total Assets Acquired$26,955 
Accounts payable and accrued expenses526 
Accrued compensation and profit sharing218 
Debt, net of unamortized deferred financing cost732 
Operating lease liability 1,952 
Deferred tax liability4,774 
Other liabilities, net3,057 
Total Liabilities Assumed$11,259 
Total Assets Acquired and Liabilities Assumed$15,696 
Schedule of Intangible Assets Acquired
Below is a summary of the intangible assets acquired in the Kontora Acquisition:

(Dollars in Thousands)
Kontora Acquisition Date Fair Value
Estimated Life (Years)
Brand$187 3
License4,385 15
Customer relationships9,443 15
Software60 3
Total Intangible Assets$14,075 
Schedule of Business Acquisition, Pro Forma Information
The unaudited pro forma financial information presented below is for informational purposes only, and is not necessarily indicative of the results that would have been achieved if the acquisition had taken place on the first of the year in which Kontora was acquired, nor is it indicative of future results.
​
(Dollars in Thousands)March 31, 2025
Total revenue$62,401 
Net income (loss)$1,500