v3.26.1
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and cash equivalents $ 40,093 $ 56,762
Receivables from brokers, dealers, and clearing agencies 51,270 46,194
Other receivables 11,608 8,896
Investments-trading 173,064 140,576
Other Investments, Fair Value Disclosure 80,205 57,258
Receivables under resale agreements 409,371 357,408
Investments in equity method affiliates 8,152 6,661
Deferred income taxes 4,539 4,126
Goodwill [1] 109 109
Right-of-use asset - operating leases 14,766 15,406
Other assets 5,780 5,788
Total assets 800,383 700,585
Liabilities    
Payables to brokers, dealers, and clearing agencies 49,626 4
Accounts payable and other liabilities 10,509 17,944
Accrued compensation 89,448 92,689
Lease liability - operating leases 16,255 16,959
Trading securities sold, not yet purchased 48,932 36,617
Other investments sold, not yet purchased, at fair value 80 0
Securities sold under agreements to repurchase 444,688 400,391
Debt 28,800 32,895
Total liabilities 691,082 597,499
Commitments and contingencies (See note 20)
Stockholders' Equity:    
Voting Non-Convertible Preferred Stock, $0.001 par value per share, 50,000,000 shares authorized, 27,413,098 shares issued and outstanding 27 27
Common Stock, $0.01 par value per share, 100,000,000 shares authorized, 3,228,970 and 2,130,063 shares issued and outstanding, respectively, including 589,137 and 380,008 unvested or restricted share awards, respectively 32 21
Additional paid-in capital 88,940 78,539
Accumulated other comprehensive loss (1,077) (914)
Accumulated deficit (24,660) (26,593)
Total stockholders' equity 63,262 51,080
Non-controlling interest 46,039 52,006
Total equity 109,301 103,086
Total liabilities and equity 800,383 700,585
Related Party [Member]    
Assets    
Due from related party 1,426 1,401
Liabilities    
Due to related parties $ 2,744 $ 0
[1] Goodwill and intangible assets are allocated to the Capital Markets and Asset Management business segments as indicated in the tables above.