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Discontinued Operations (Tables)
3 Months Ended
Jun. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Results of Operations for the Discontinued Operations of Company

The following depicts the results of operations for the discontinued operations of the Company for the three months ended June 30, 2024 and 2023:

 

 

For the Three Months Ended June 30,

 

(In thousands)

 

2024

 

 

2023

 

Revenue

 

 

 

 

 

 

Interest and fee income on finance receivables

 

$

1,229

 

 

$

7,083

 

Total revenue

 

 

1,229

 

 

 

7,083

 

 

 

 

 

 

 

 

Operating expenses

 

 

 

 

 

 

Marketing

 

 

6

 

 

 

30

 

Provision for credit losses

 

 

-

 

 

 

645

 

Fair value and other adjustments, net

 

 

139

 

 

 

-

 

General and administrative

 

 

542

 

 

 

2,719

 

Total operating expenses

 

 

687

 

 

 

3,394

 

 

 

 

 

 

 

 

Other expense

 

 

 

 

 

 

Interest expense

 

 

-

 

 

 

500

 

Total other expense

 

 

-

 

 

 

500

 

 

 

 

 

 

 

 

Gain on disposal of assets, net of tax

 

 

1,517

 

 

 

-

 

 

 

 

 

 

 

 

Income before income taxes

 

 

2,059

 

 

 

3,189

 

Income tax expense (benefit)

 

 

-

 

 

 

145

 

Net income from discontinued operations, net of tax

 

$

2,059

 

 

$

3,044