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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Operating activities        
Net income (loss) $ 2,867 $ 9,356 $ 13,169 $ 17,525
Net loss from discontinued operations, net of tax 47 (145) (57) (410)
Net income from continuing operations 2,820 9,501 13,226 17,935
Adjustments to reconcile net income to net cash provided by operating activities:        
Stock-based compensation     1,345 1,207
Provision for captive insurance liability 265 640 910 1,676
Provision for credit losses 547 481 856 1,210
Depreciation and amortization     470 415
Impairment of assets 35 118 35 118
Unrealized gain on marketable equity securities and investments and others, net     (622) (443)
Inventory valuation allowance     0 417
Changes in assets and liabilities:        
Trade accounts receivable     320 (6,565)
Inventory     4,682 (6,616)
Prepaid expenses     142 (4,479)
Other current assets and other assets     882 (1,919)
Trade accounts payable, accrued expenses and other liabilities     5,382 (18,156)
Due to IDT Corporation, net     (8) 4
Income taxes payable     (1,377) 2,362
Net cash provided by operating activities of continuing operations     14,191 26,324
Net cash provided by operating activities of discontinued operations     2,274 7,011
Net cash provided by operating activities     16,465 33,335
Investing activities        
Purchases of marketable equity securities and other investments     (3,667) (3,042)
Improvements in investment property     (1,075) 0
Purchase of equity of subsidiary     0 (1,200)
Proceeds from return of investments     1,173 0
Net cash used in investing activities     (7,251) (7,148)
Financing activities        
Dividends paid     (4,036) (4,152)
Net cash used in financing activities     (9,117) (12,325)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash     (64) (140)
Net increase in cash, cash equivalents, and restricted cash     33 13,722
Cash, cash equivalents, and restricted cash (including cash held at discontinued operations) at beginning of period     201,958 165,479
Cash, cash equivalents and restricted cash (including cash held at discontinued operations) at end of the period 201,991 179,201 201,991 179,201
Less: Cash of discontinued operations at end of period 1,000 1,281 1,000 1,281
Cash, cash equivalents, and restricted cash (excluding cash held at discontinued operations) at end of period $ 200,991 $ 177,920 200,991 177,920
Stock Repurchase Program [Member]        
Financing activities        
Repurchases of Class B common stock     (4,619) (5,897)
Employees [Member]        
Financing activities        
Repurchases of Class B common stock     (462) (1,508)
Genie Foundation [Member]        
Financing activities        
Repurchases of Class B common stock     0 (768)
Other Capital Expenditures [Member]        
Investing activities        
Capital expenditures     (3,682) (1,562)
Solar System Facilities [Member]        
Investing activities        
Capital expenditures     $ 0 $ (1,344)