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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:    
Consolidated net income $ 25,929 $ 5,202
Adjustments to reconcile net income to net cash provided by operating activities    
Impairment expense 163
Amortization of debt issuance costs 49 188
Deferred income taxes 6,952 (1,711)
Change in fair value of warrants (272) 586
Change in fair value of equity securities (1,839) 591
Loss (gain) on sale of investments 140 (53)
Change in fair value of acquisition-related contingent consideration (287) 4,400
Loan discount and fee accretion (1,130) (1,983)
Interest paid-in-kind (950) (2,145)
Stock-based compensation 1,163 728
Depreciation and amortization 4,061 12,091
Changes in operating assets and liabilities:    
Interest and accounts receivable 108 643
Other assets (1,788) (959)
Accounts payable and other liabilities 2,159 1,527
Net cash provided by operating activities 34,295 19,268
Cash flows from investing activities:    
Cash received from settlement of warrants and equity securities 1,875 53
Investment in finance receivables (42,350) (42,859)
Repayment of finance receivables 67,192 11,752
Corporate debt securities principal payments 122 62
Purchases of property and equipment (1,078) (3,937)
Other (237)
Net cash provided by (used in) investing activities 25,761 (35,166)
Cash flows from financing activities:    
Net settlement for employee taxes on restricted stock and options (368)
Repurchases of common stock, including fees and expenses (2,010)
Net (payments on) proceeds from credit facility (11,750) 11,758
Payment of acquisition-related contingent consideration (8,083) (2,000)
Net cash (used in) provided by financing activities (20,201) 7,748
Net increase (decrease) in cash and cash equivalents 39,855 (8,150)
Cash and cash equivalents at beginning of period 3,008 11,158
Cash and cash equivalents at end of period 42,863 3,008
Supplemental noncash flow activity:    
Warrants received in connection with finance receivables 175 79
Fair value of common stock issued in lieu of employee cash bonuses 60
Fair value of common stock received in connection with payoff of term loan $ 887