v3.26.1
Note 14 - Discontinued Operations (Tables)
 6 Months Ended
Jun. 30, 2026
Notes Tables  
Disposal Groups, Including Discontinued Operations [Table Text Block]
  

June 30,

  

December 31,

 
  

2026

  

2025

 
         

Carrying amounts of the major classes of assets included in discontinued operations:

        

Cash and cash equivalents

 $13,288  $12,568 

Cash held by BOAM funds and other

  642   1,181 

Accounts receivable, net

  7,279   6,440 

Short-term investments

  22,611   23,198 

Marketable equity securities

  -   868 

Funds held as collateral assets

  11,126   13,910 

Prepaid expense and other current assets

  2,054   3,299 

Property and equipment, net

  260   329 

Goodwill

  11,325   11,325 

Intangible assets, net

  1,138   1,217 

Investments

  4,785   5,118 

Deferred policy acquisition costs

  3,188   2,945 

Right of use assets

  2,215   2,376 

Other

  54   54 

Total assets held for sale

 $79,965  $84,828 
         
         

Carrying amounts of the major classes of liabilities included in discontinued operations:

        

Accounts payable and accrued expenses

 $3,837  $5,868 

Lease liabilities

  2,491   2,569 

Funds held as collateral

  11,126   13,910 

Unpaid losses and loss adjustment expenses

  7,310   6,539 

Unearned premiums

  13,588   13,577 

Deferred revenue

  156   120 

Deferred tax liability

  2,622   2,676 

Total liabilities held for sale

 $41,130  $45,259 
  

For the Three Months Ended

  

For the Six Months Ended

 
  

June 30,

  

June 30,

 
  

2026

  

2025

  

2026

  

2025

 
                 

Major classes of line items constituting income (loss) of discontinued operations before provision for income taxes:

                

Premiums earned

 $6,256  $5,565  $11,713  $11,129 

Insurance commissions

  760   448   1,391   1,027 

Investment and other income

  416   512   853   1,002 

Cost of insurance revenues (exclusive of depreciation and amortization)

  3,417   3,549   8,139   6,412 

Employee costs

  2,597   2,277   5,018   4,784 

Professional fees

  164   118   340   216 

General and administrative

  740   795   1,507   1,653 

Depreciation and amortization

  79   94   149   177 
                 

Net Income (Loss) from Discontinued Operations before Other Income (Expense) and Income Taxes

  435   (308)  (1,196)  (84)
                 

Other Income (Expense):

                

Other investment income

  1   38   957   321 
                 

Net Income (Loss) Before Income Taxes

  436   (270)  (239)  237 

Income tax benefit (provision)

  54   (59)  54   (59)
                 

Net Income (Loss) from Discontinued Operations

 $490  $(329) $(185) $178 
Schedule of Liability for Unpaid Claims and Claims Adjustment Expense [Table Text Block]
  

2026

  

2025

 

Gross reserves for unpaid losses and loss adjustment expenses, beginning of period

 $6,539  $5,873 

Less: reinsurance recoverable on unpaid losses

  999   1,804 

Net reserve for unpaid losses and loss adjustment expenses, beginning of period

  5,540   4,069 
         

Incurred losses and loss adjustment expenses:

        

Current year

  3,307   3,299 

Prior year

  488   (342)

Total net losses and loss adjustment expenses incurred

  3,795   2,957 
         

Payments:

        

Current year

  1,632   1,644 

Prior year

  1,284   904 

Total payments

  2,916   2,548 
         

Net reserves for unpaid losses and loss adjustment expenses, end of period

  6,419   4,478 

Reinsurance recoverable on unpaid losses, net of allowance

  891   2,095 
         

Gross reserves for unpaid losses and loss adjustment expenses, end of period

 $7,310  $6,573