EQUITY SECURITIES (Tables)

6 Months Ended

Jun. 30, 2022

Investments, Debt and Equity Securities [Abstract]

Equity Securities Ownership Interest

The following table includes our equity securities accounted for under the equity method and related ownership interest as of June 30, 2022:

	Ownership interest
Medici Ventures, L.P.	99%
tZERO Group, Inc.	31%
SpeedRoute, LLC	49%

Equity Method Investments

The following table summarizes the net income recognized on equity method securities recorded in Other income (expense), net in our consolidated statements of income (in thousands):

	Three months ended June 30, 2022		Six months ended June 30, 2022
Net loss recognized on our proportionate share of the net loss of our equity method securities	$	(2,284)	$	(3,748)
Increase in fair value of equity method securities held under fair value option	—		1,165

Equity Method Investments, Summarized Financial Information

The following is unaudited summarized financial information for tZERO (in thousands):

	Three months ended June 30, 2022		Six months ended June 30, 2022
Results of Operations
Revenues	$	820	$	1,560
Pre-tax loss	(8,067)		(13,447)
Net loss	(8,816)		(13,196)