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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities    
Net income $ (1,777) $ 1,729
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 125 73
Amortization of debt issuance costs 18 107
Amortization of operating of lease right-of-use assets 379 385
Gain on sale of property and equipment (79) (2)
Unrealized loss on equity investments 787 0
Provision for credit losses 3,644 730
Amortization of dealer discounts (1,567) (1,612)
Amortization of insurance and fees commissions (511) (598)
Accretion of purchase price discount (41) (52)
Principal reduction on operating lease liabilities (445) (335)
Share-based compensation 25 46
Changes in operating assets and liabilities:    
Repossessed assets (330) (120)
Accrued interest receivable (173) (174)
Prepaid expenses and other assets (102) 25
Deferred income taxes (341) 364
Accounts payable and accrued expenses (674) 254
Income taxes receivable (299) 235
Net cash (used in) provided by operating activities (1,361) 1,055
Cash flows from investing activities    
Purchase and origination of finance receivables (30,569) (26,042)
Principal payments received 28,438 29,939
Purchase of equity investments (7,236) 0
Purchase of property and equipment (33) (403)
Proceeds from the disposal property and equipment 93 2
Net cash (used in) provided by investing activities (9,307) 3,496
Cash flows from financing activities    
Repayments on credit facility (2,500) (13,390)
Proceeds from Lines of Credit 17,500 0
Repayment of PPP Loan (3,244) 0
Cancellations of restricted stock awards (174)  
Repurchases of treasury stock (2,138) (665)
Net cash provided by (used in) financing activities 9,444 (14,055)
Net (decrease) in cash and restricted cash (1,224) (9,504)
Cash and restricted cash at the beginning of period 4,775 32,977
Cash and restricted cash at the end of period 3,551 23,473
Supplemental disclosure of cash flow information:    
Interest paid 546 1,142
Income taxes 12 0
Leased assets obtained in exchange for new operating lease liabilities $ 59 $ 412