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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Finance receivable interest income, including fees $ 8,543 $ 9,986 $ 19,255 $ 21,021
Pharmaceutical development 1,190 804 2,153 1,083
Other 319 57 476 103
Total revenues 10,052 10,847 21,884 22,207
Costs and expenses:        
Provision (benefit) for credit losses 761 4,095 (704) 9,392
Loss on impairment of intangibles assets 0 5,771 0 5,771
Interest expense 1,155 1,119 2,285 2,375
Pharmaceutical manufacturing, research and development expense 645 520 1,403 1,050
Change in fair value of acquisition-related contingent consideration 0 (4,900) 0 (4,900)
Depreciation and amortization expense 19 421 38 935
General and administrative expense 2,843 2,920 6,120 5,604
Income from operations 4,629 901 12,742 1,980
Other income (expense), net        
Unrealized net gain (loss) on warrants 347 226 (77) 131
Net gain on exercise and cancellation of warrants 0 675 0 444
Loss on sale of assets 0 0 (82) 0
Net gain (loss) on marketable investments 37 (19) (68) (162)
Realized gain on early payment of finance receivable 0 0 1,729 0
Gain (loss) on revaluation of finance receivables 0 2,495 (3,727) 2,495
Realized and unrealized foreign currency transaction gains (losses) (451) 437 (138) 524
Income before income tax expense 4,562 4,715 10,379 5,412
Income tax expense 1,026 1,035 2,304 1,264
Net income $ 3,536 $ 3,680 $ 8,075 $ 4,148
Net income per share        
Basic (in dollars per share) $ 0.29 $ 0.30 $ 0.66 $ 0.33
Diluted (in dollars per share) $ 0.29 $ 0.30 $ 0.66 $ 0.33
Weighted average shares outstanding        
Basic (in shares) 12,208,000 12,458,000 12,218,000 12,467,000
Diluted (in shares) 12,208,000 12,470,000 12,218,000 12,484,000