XML 23 R5.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Revenues:    
Finance receivable interest income, including fees $ 40,787 $ 36,346
Pharmaceutical development 3,616 1,202
Other 584 212
Total revenues 44,987 37,760
Costs and expenses:    
Provision for credit losses 12,756 1,912
Loss on impairment of intangible assets 5,771 0
Impairment of goodwill 0 8,404
Interest expense 4,685 1,849
Pharmaceutical manufacturing, research and development expense 2,203 3,436
Change in fair value of acquisition-related contingent consideration (4,900) (6,300)
Depreciation and amortization expense 1,399 2,577
General and administrative expense 11,487 11,232
Income from operations 11,586 14,650
Other income (expense), net    
Unrealized net gain (loss) on warrants 2,406 (55)
Net gain (loss) on exercise and cancellation of warrants 445 (799)
Net loss on marketable investments (266) 0
Realized gain on early payment of finance receivable 1,065 0
Gain on revaluation of finance receivable 2,495 0
Realized and unrealized foreign currency transaction gains 641 817
Income before income tax expense (benefit) 18,372 14,613
Income tax expense (benefit) 4,884 (1,274)
Net income $ 13,488 $ 15,887
Net income per share    
Basic (in dollars per share) $ 1.09 $ 1.26
Diluted (in dollars per share) $ 1.08 $ 1.25
Weighted average shares outstanding    
Basic (in shares) 12,369 12,653
Diluted (in shares) 12,451 12,696