v3.26.1
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and cash equivalents $ 7,366 $ 8,306
Restricted cash 7,679 7,965
Investments (including $38,556 and $36,765, respectively, at fair value) (Note 6) 38,735 36,943
Deferred contract costs 4,167 2,870
Other current assets 6,294 6,579
Total current assets 79,191 76,503
Deferred contract costs, noncurrent 11,224 12,037
Property and equipment, net of accumulated depreciation of $3,174 and $2,587, respectively 6,610 6,354
Goodwill 65,377 69,130
Intangible assets, net of accumulated amortization of $37,788 and $34,013, respectively 48,486 52,265
Other assets 16,945 15,210
Total Assets 227,833 231,499
Current liabilities:    
Accrued expenses and other current liabilities 25,044 25,134
Deferred service fees 42,843 46,715
Short-term and current portion of long-term debt 22,789 11,709
Total current liabilities 90,676 83,558
Deferred service fees 47,117 40,439
Long-term debt (including $13,428 and $13,698, respectively, at fair value) (Note 10) 44,501 59,003
Other liabilities, noncurrent 10,158 10,862
Net deferred income tax liabilities 3,041 3,225
Total Liabilities 195,493 197,087
Redeemable preferred stock, $0.01 par value; 650,000 authorized, issued and outstanding at June 30, 2026 and December 31, 2025; redemption amount of $16,250 at June 30, 2026 and December 31, 2025 16,250 16,250
Redeemable noncontrolling interest in consolidated subsidiary 746 792
Shareholders' Equity:    
Common stock, $0.01 par value; 50,000,000 authorized; 29,621,439 and 29,651,671 issued at June 30, 2026 and December 31, 2025, respectively; and 28,595,512 and 28,625,744 outstanding at June 30, 2026 and December 31, 2025, respectively 296 296
Additional paid-in capital 396,125 394,848
Treasury stock, at cost; 1,025,927 outstanding at June 30, 2026 and December 31, 2025 (6,545) (6,545)
Accumulated deficit (377,104) (373,370)
Accumulated other comprehensive income (loss) 54 (60)
Shareholders' equity attributable to common shareholders 12,826 15,169
Noncontrolling interests in consolidated subsidiaries 2,518 2,201
Total Shareholders' Equity 15,344 17,370
Total Liabilities, Redeemable Preferred Stock, Redeemable Noncontrolling Interest and Shareholders' Equity 227,833 231,499
Service Fees [Member]    
Assets    
Service fee receivable, net of allowance for credit losses of $1,150 and $1,113, respectively $ 14,950 $ 13,840