Subsequent Events (Tables)

12 Months Ended

Mar. 31, 2024

Subsequent Events [Abstract]

Schedule of Condensed Unaudited Pro Forma Consolidated Balance Sheet

The following unaudited pro forma consolidated balance sheet as of March 31, 2024, presents the Company’s consolidated balance sheet as if the sale of substantially all finance receivables and repossessed assets occurred on March 31, 2024.

	March 31,			Transaction Accounting				Pro Forma Ending
	2024			Adjustments			Note	Balance
Assets
Cash and cash equivalents	$	18,982		$	40,634		A	$	59,616
Finance receivables held for sale, at a lower of amortized cost or fair value		38,773			(38,650	)	B		123
Repossessed assets held for sale, at lower of carrying value or fair value less cost to sell		668			(668	)	B		-
Prepaid expenses and other assets		438			-				438
Income taxes receivable		902			-				902
Property and equipment, net		75							75
Total assets	$	59,838		$	1,316			$	61,154
Liabilities and shareholders’ equity
Contingent liability	$	-		$	2,620		C	$	2,620
Accounts payable, accrued expenses, and other liabilities		996			-				996
Total liabilities		996			2,620				3,616
Commitments and contingencies (see Note 11)
Shareholders’ equity:
Preferred stock		-			-				-
Common stock		35,267			-				35,267
Treasury stock		(76,794	)		-				(76,794	)
Retained earnings		100,369			(1,304	)	D		99,065
Total shareholders’ equity		58,842			(1,304	)			57,538
Total liabilities and shareholders’ equity	$	59,838		$	1,316			$	61,154