v3.26.3
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Assets    
Cash and cash equivalents $ 8,272 $ 8,306
Restricted cash 7,838 7,965
Investments (including $38,936 and $36,765, respectively, at fair value) (Note 6) 39,116 36,943
Deferred contract costs 4,389 2,870
Other current assets 6,175 6,579
Total current assets 79,513 76,503
Deferred contract costs, noncurrent 11,245 12,037
Property and equipment, net of accumulated depreciation of $3,486 and $2,587, respectively 6,820 6,354
Goodwill 66,510 69,130
Intangible assets, net of accumulated amortization of $39,829 and $34,013, respectively 47,545 52,265
Other assets 15,684 15,210
Total Assets 227,317 231,499
Current liabilities:    
Accrued expenses and other current liabilities 25,433 25,134
Deferred service fees 42,892 46,715
Short-term and current portion of long-term debt 17,891 11,709
Total current liabilities 86,216 83,558
Deferred service fees 48,375 40,439
Long-term debt (including $13,309 and $13,698, respectively, at fair value) (Note 10) 50,668 59,003
Other liabilities, noncurrent 10,439 10,862
Net deferred income tax liabilities 2,732 3,225
Total Liabilities 198,430 197,087
Redeemable preferred stock, $0.01 par value; 650,000 authorized, issued and outstanding at September 30, 2026 and December 31, 2025; redemption amount of $16,250 at September 30, 2026 and December 31, 2025 16,250 16,250
Redeemable noncontrolling interest in consolidated subsidiary 715 792
Shareholders' Equity:    
Common stock, $0.01 par value; 50,000,000 authorized; 29,721,439 and 29,651,671 issued at September 30, 2026 and December 31, 2025, respectively; and 28,695,512 and 28,625,744 outstanding at September 30, 2026 and December 31, 2025, respectively 297 296
Additional paid-in capital 396,588 394,848
Treasury stock, at cost; 1,025,927 outstanding at September 30, 2026 and December 31, 2025 (6,545) (6,545)
Accumulated deficit (380,080) (373,370)
Accumulated other comprehensive loss (385) (60)
Shareholders' equity attributable to common shareholders 9,875 15,169
Noncontrolling interests in consolidated subsidiaries 2,047 2,201
Total Shareholders' Equity 11,922 17,370
Total Liabilities, Redeemable Preferred Stock, Redeemable Noncontrolling Interest and Shareholders' Equity 227,317 231,499
Service Fees [Member]    
Assets    
Service fee receivable, net of allowance for credit losses of $1,238 and $1,113, respectively $ 13,723 $ 13,840